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A guide on Rightmove property in Aldershot

by | Jul 6, 2023

Home $ An overview on Rightmove property listings in the UK $ A guide on Rightmove property in Aldershot

In this overview, we’ll delve into the Rightmove data for Aldershot, 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 16 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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What are the number of HMOs on Rightmove that are licenced in the area of Aldershot?

Prospective tenants should be aware of the average asking price for a House in Multiple Occupation (HMO), which currently stands at no relevant data for this city.
Tenants should also consider how significant, if at all, the saving in rent is when comparing the price to rent in a normal house you do not have to share in Aldershot.
Renting an HMO can provide a more affordable alternative to traditional rental arrangements and for context, there are a predicted 13,500 licenced HMOs in London. In Aldershot, there are 125 for comparison so you are able to tell how abundant this type of property is.
Do not think that all HMOs have to be small rooms with a lack of space either, you also have the option to rent out a HMO with an ensuite. The average rents for this type of room stands at £602.

How much green space do properties have in Aldershot according to Rightmove?

Green space is universally recommended but unfortunately often compromised in various locations. In cities, the amount of green space often falls below the recommended threshold of 6 acres of green space per thousand people.
In Aldershot, the current data indicates the presence of 30.9 acres of green space per thousand residents. By comparing this value to the recommended benchmark of 6, we can evaluate the sufficiency of green space in the area.

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

To rent a property, the below subheadings go over everything relevant for those looking to rent out a house.

Aldershot’s demographics and income insights based on Rightmove data

Within the city of Aldershot, the population amounts to 54204 individuals. Among these residents, it is notable that approximately 23% hold a higher-level educational degree. Furthermore, the average household income in the area stands at £50,882.35. For renters, it is essential to recognize that if the percentage of degree holders surpasses the regional average of 22.6%, your neighbours are likely to have higher incomes. Although other factors influence neighbour quality, acknowledging educational achievements proves beneficial.

In Aldershot, in terms of affordable housing and social rent, what does Rightmove data show?

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 14% in Aldershot. And they have an average household income of £50,882.35. 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.

On Rightmove, how are properties listed for sale?

In terms of the number of planning permission applications on Rightmove, what should there be in Aldershot?

In the UK, planning applications result in a success rate of 82% most of the time. In Aldershot, people plan to make modifications to their properties and apply for planning permission with a planning success rate of 95%.

This is interesting data for investors in particular. An above average success indicates renovations are tried and tested and likely an investment from landlords. This is a great opportunity for investors to model what works in the area and do the same. On the other hand, a lower approval indicates there are more ambitious proposals in the area and of the 5 monthly planning applications in Aldershot, property here is more difficult to conduct improvements on.

If you don’t want to deal with planning permission, consider buying a property as a leaseholder which means you don’t own the land and any planning permission is done by the freeholder who owns the land.

If you do this, you will have to look at when a leasehold expires as well as other disadvantages though. However, there are pros and cons of being a leaseholder or a freeholder. For instance, as a freeholder, you may have to evict a leaseholder in a process known as a forfeiture of lease. So, pay attention to the advantages and disadvantages and what path you actually want to go down.

How to invest in property in Aldershot using Rightmove data

In the area, average asking rents are around £1,089. 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 £0.
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 Aldershot.

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
GU11 1

Looking to buy a house? Rightmove offers a diverse selection of properties for sale. Some of these listings are sold to homeowners and some are sold to investors looking to make a return. Check out more data related to properties for sale in other areas by checking out our list of properties that are for sale throughout the UK if you are interested in comparing Aldershot to other regions.

Exploring Aldershot’s real estate investment potential on Rightmove

When contemplating an investment property, you can look at the figures of turnover, the number of sales there are every month in the area, and the population change over ten years. The below table is related to the city rather than the wider area of South East. However, you can find data for the wider region here.

Data for Aldershot Average for the UK
Turnover 0.78 19%
Property sales per month 16 576,000
Population growth over 10 years 4% 6.5%



It is worth noting that the figures above will be useful if you compare them to the wider region of the UK of South East.

Linking rental yields with Rightmove property listings in Aldershot

A serious investor will know what yield is and how to work it out. The formula is true for Aldershot and everywhere else in the UK. Simply calculate net rental yield and the purchase price of the home and then divide the former by the latter. When this calculation is done, for Aldershot the figure is £0.
This £0 as a percentage is essentially the amount of money that a landlord makes from the deal in relation to the amount of money they have invested. Take a look at other calculations too like return on capital invested to get a return that is comparable to a direct “return on investment” calculation such as that of a bank.

On average and according to Rightmove data, what do properties sell for?

By looking at the below table taken from Rightmove data, you can gain great insights into the property market of Aldershot. With an overall sold price of approximately £317,868, according to Rightmove and further listing platforms such as Zoopla, buyers can now make an informed decision as to whether this suits their budget.

Class of property Average sale
Flat £192,385
Terraced house £290,406
Semi-detached house £357,023
detached house £471,639

FAQ

How much does the average property cost in Aldershot according to Rightmove data?

The mean property value in the UK is £286k but is changing all the time. Meanwhile, in the local area of Aldershot, the average cost of a home available for purchase is £317,868. You can compare these figures to see how far away this city is from the average.

Does exploring properties on Rightmove within Aldershot come with any fees you may not be aware of?

Vigilance is key for landlords, encompassing factors like the stamp duty rate, renovation expenses, and the potential deductible costs based on whether the property is incorporated as a limited company or under your personal name.

Does Rightmove data indicate a high occurrence of crime in the vicinity of Aldershot?

The Aldershot community presently experiences a crime rate where 10350% 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.

In Aldershot, how many sales per month are there according to listing portals?

To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, you can look at the houses sold each month which is 16. Typically, the higher this figure is, the more likely it is that this area is highly sought after and there is a strong buyer demand. Check out the property sales in a similar area in order to find a comparison.

What’s the usual price range for a three-bedroom property on Rightmove in Aldershot?

The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.

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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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