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What is the property market like in Akeld on Rightmove?

by | Jul 6, 2023

Home $ An overview on Rightmove property listings in the UK $ What is the property market like in Akeld on Rightmove?

In this overview, we’ll delve into the Rightmove data for Akeld, providing insight into Rightmove data and how this data can aid you in a profitable property purchase. Making a decision on where to buy property is an exciting opportunity and a milestone for a lot of people.
Also, knowing that there are 4 properties sold every month in the area should give you an idea of how often properties are selling and what kind of opportunity there is.

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On Rightmove in Akeld, what properties are available to rent?

Analysing the rate of education in Akeld from Rightmove

When considering Akeld, its population reaches 2963 individuals. It is useful to note that around 22% of the residents have attained a higher level of education and the average household income in the area is £37,267.86. Renters should take note that if the percentage of degree holders exceeds the regional average of 22.6%, it suggests that your neighbours are likely to be higher earners. While other factors contribute to neighbour quality, observing educational levels remains valuable.

Sometimes, buying isn’t suitable for everyone. Fortunately, renting is also an option and there is a lot of data that can be gathered from Rightmove for this too.

What is the outlook for social rent and affordable housing according to Rightmove in Akeld?

It is well researched and understood that humans like to associate themself with similar people and this is why it’s important to find an area where people are earning a similar amount to you. The percentage of people who are renting from the government is 12% in Akeld. And they have an average household income of £37,267.86. If you think these numbers are similar to your financial situation or reflect an area you want to live in, then this is a good sign.

Will you be moving into somewhere with a lot of green space if you moved to Akeld?

In Akeld, the available data reveals that there are 33.7 acres of green space per thousand residents. By comparing this value to the recommended standard of 6, we can gauge the presence of green space in the area using statistics found on listing portals such as Rightmove.
Adequate green space is a valuable asset for all individuals as it has a huge impact on the mental and physical health of residents. Unfortunately, it is often compromised in numerous locations. For instance, in urban settings, the quantity of green space frequently falls short of the recommended measure of 6 acres of green space for every thousand individuals.

According to Rightmove data in Akeld, is it worth moving into a HMO?

The average asking price for a House in Multiple Occupation (HMO) in Akeld is no relevant data for this city. Understanding this information is essential for anyone interested in saving some money on rent because Houses of Multiple Occupancy tend to be cheaper to rent than any other type of property.
By opting for shared living arrangements within a HMO, you can also get an ensuite in your room too. The average price of a room with an ensuite in a HMO in the city of Akeld is no relevant data for this city and there are also nan in the area in total. This number of licenced HMO properties should be looked at in relation to the fact there are 56,000 properties that are licenced in the whole of the UK so you can see how much this area contains.

Properties for sale in Akeld on Rightmove

In Akeld, what are the number of planning permission applications on Rightmove?

82 out of every 100 applications for planning permission in the UK results in a success according to recent data. When it comes to Akeld, the people who own homes in this area have a rate of planning success of 91%. Individuals usually seek to modify their properties and apply for planning permission whenever they are trying to increase the value of a home.
This means investors should take note of this data in Akeld. An above-average success rate indicates that property renovations have been proven to work and are repeatable or it could mean that a lot of the properties in the area are very simple in design. This presents an opportunity for investors to assess successful strategies in the area and adopt similar approaches and of the 2 that take place each month, this is likely the case a lot of the time.

A deep dive into rental yield and how this impacts Akeld

As you may be aware, rental yield is an extremely important metric to judge how effective a property is in terms of producing a return on investment. In the city of Akeld, there is an average of no relevant data for this city for rental yield.
Akeld can be compared to the rest of the UK that tends to have an average of around 4.4% yield where the higher the yield the higher the return on the amount of money in the deal. This is because the area’s rental yield of no relevant data for this city is first worked out by multiplying the monthly rent by twelve to find the annual rent. Then, you take away the associated costs of the property from the annual rental income to find the net rent. This net rent can then be divided by the purchase price and multiplied by 100 to find the rental yield as a percentage.

Every month, properties are sold on the platform of Rightmove in Akeld and you can explore the topics below related to sales that give you an overview of the market.

In the area, using Rightmove data, what are most people selling their property for?

The average sold price of properties in Akeld, UK, available on Rightmove is £173,333. See the below table to work out what the sold price is based on detached housing, semi-detached housing, terraced housing and flats.

Category of property Average price
Flat no relevant data for this city
Terraced house £131,100
Semi-detached house £144,054
detached house £293,664

How Rightmove listings in Akeld help you make an investment

In the area, average asking rents are around no relevant data for this city. This tends to differ depending on the size of the property you are buying and the number of rooms they have. You can read more about these metrics below. For reference, the yields in the area are no relevant data for this city.
Combining the data of yield with the price of rent can give you a good idea about the types of investments in the area. For instance, if a property has a low yield and also low rents, it is likely a lower return, single family buy to let in a less in demand area of Akeld.

Average asking rent Number of bedrooms in house
no relevant data for this city 5
no relevant data for this city 4
no relevant data for this city 3
no relevant data for this city 2
NE71 1

Investment analysis of Rightmove property in Akeld

In the area of Akeld, Rightmove records consistent sales of 4 properties each month, generating an average yearly turnover of nan. This turnover is just from property sales relative to the properties that there already are and 3% is the population change over ten years.



All of these pieces of data should be looked at as a whole and considered based on what you are looking for as an investor. For example, if an area’s population is declining and their turnover is above average (22%), it could indicate that there are a large number of people moving out of the area.



Sometimes, you aren’t able to find the right property in your area on Rightmove. So, check out if you want to keep looking in your wider UK region of North East by looking at further houses for sale here.

Frequently Asked Questions by Rightmove users

In the city of Akeld, what is the median property price?

The mean property value in the UK is £286k but is changing all the time. Meanwhile, in the local area of Akeld, the average cost of a home available for purchase is £173,333. You can compare these figures to see how far away this city is from the average.

When utilising Rightmove for finding property in Akeld, are there any charges to consider?

Costs that landlords should look out for include the rate of stamp duty, costs of renovation and also what the landlord deductible expenses are in a property based on if the property is a limited company or listed in your personal name.

Based on Rightmove’s information, what’s the level of criminal activity in the Akeld area?

The Akeld community presently experiences a crime rate where 7600% infractions are documented for every 1000 inhabitants. A reference point is the national average of 79.52 incidents for every 1000 individuals. So, if the crime rate in the area is above this figure, there is more crime than usual. If it is below this figure then there is less crime than usual.

What are the house sales per month in Akeld?

To interpret the insights drawn by listing portals like Rightmove, begin by recognizing that the ongoing rate of houses sold per month is counted at 4 as of recent data.

According to Rightmove, what’s the mean price of a three-bedroom property in Akeld?

The average cost to rent a property with three bedrooms is no relevant data for this city. This can be weighed against the average property price trends.

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donnell-bailey

Donnell Bailey

Property expert

Donnell is a property expert focusing on the property market, he looks at a combination of legislation, information from property managers, letting agents and market trends to produce information to help landlords.

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