Choosing the perfect location to buy property in the UK involves a lot of factors.
This piece discusses the nature of Rightmove (and other listing platforms) data for Alderton, aiming to guide your investment decisions.
It’s worth noting that currently, 14 properties are listed for sale and sold on Rightmove in this area every single month so you have an idea of your options to pick from.
We will also go over the properties for rent in the area on Rightmove if you are looking to become a new tenant.
Will you be moving into somewhere with a lot of green space if you moved to Alderton?
In Alderton, the available data reveals that there are 24.1 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.
How many HMOs are licenced in the city of Alderton on Rightmove?
Currently, the number of licensed HMOs stands at nan that come at an average price to rent of no relevant data for this city. You can also see the difference between the price of a standard HMO room and the average price of a HMO room with an ensuite which is £505.
This should give you an indication if it is worth the difference in price to upgrade to a room with a bathroom in Alderton. Understanding where is best to rent in Alderton involves considering the average asking price for a House in Multiple Occupation (HMO) and comparing this to normal rents.
Properties for sale in Alderton on Rightmove
An overview of Alderton property in Rightmove from an investment perspective
As you delve into the property landscape of Alderton in the region of South West, Rightmove becomes an invaluable resource that provides data that can be looked at every month.
Some standard data that should be examined when trying to understand an area include the number of sales there are every month in the area, which falls at 14. Look at this in accordance with the population of the area, larger populations obviously will generally have more sales as there are more people living there and likely to sell their property. So, look at this as a factor and also check out this link to compare data for other cities in the area.
So, you can look at turnover which looks at property sales every year in relation to the number of houses that exist in the area anyway. Currently turnover is nan. Every decade population change should also be considered. This figure stands at 10% and positive changes generally show there is a growing population no matter if you are talking about a city or a wider region like South West.
Every month, properties are sold on the platform of Rightmove in Alderton and you can explore the topics below related to sales that give you an overview of the market.
On Rightmove, how many planning permission applications are there based in Alderton?
82 out of every 100 applications for planning permission in the UK results in a success according to recent data. When it comes to Alderton, the people who own homes in this area have a rate of planning success of nan. 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 Alderton. 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 12 that take place each month, this is likely the case a lot of the time.
How to invest in property in Alderton using Rightmove data
In Alderton, the average asking rent in the area is £1,055 and there is a table below that goes over the asking rent for every type of property there is. Also, in Alderton, the average yield of properties is £0. A figure that can be used as a metric to gauge how profitable an investment is and compared to the national average of 4.4%.
See the table for a more extensive breakdown of how average asking rent is distributed.
|Number of bedrooms||Average asking rent|
|5||no relevant data for this city|
|4||no relevant data for this city|
|3||no relevant data for this city|
|2||no relevant data for this city|
Alderton’s rental yield on Rightmove explained
Rental yield in Alderton is £0 as of 2023. However, this is not to say that there are not higher yields out there. When the economy was favourable for property in 2018. Yields were as high as 11% in places like Sheffield in some cases. However, an average, yet respectable figure you can expect from a property in the UK is around 4.4% so you can compare Alderton’s yield of £0 to see if you are above or below.
It is useful to note that even though a property may have a below average rental yield, it can still benefit from capital appreciation over time and this profit can be taken when the property is sold.
What is a commons purchase price for property on Rightmove?
When exploring the property market in Alderton, UK, there is a lot of information that can be gathered on listing platforms and on Rightmove. The average sold price across all property types is approximately £304,374, this provides valuable insight into market trends.
Refer to the table below for a detailed breakdown of sold prices across different property categories.
|Property type||Average selling point|
Properties to Rent in Alderton on Rightmove
Alderton’s demographics and income insights based on Rightmove data
In the city of Alderton, the population stands at 108085 individuals. Among this population, it is noteworthy to consider the educational levels. Approximately 30% of the residents hold a higher-level educational degree.
Additionally, the average household income in the area amounts to £46,200.00. This information is significant for renters, as a higher percentage of degree holders compared to the regional average of 22.6% suggests that your neighbours are likely to be higher earners. While other factors influence neighbour quality too, considering the education level remains beneficial as you’d likely want to be around people you are similar to.
In Alderton, in terms of affordable housing and social rent, what does Rightmove data show?
If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, 5% of individuals in Alderton rent from the government or housing associations compared to the national average of 20.7%.
In general, if the percentage of people who have government housing is below the national average, you are more likely to see smaller houses. This may not be a bad thing as it all depends on personal preference and there are also other factors that contribute to the general feel of the area like household income which is £46,200.00. Most people in the Uk earn around £34,000 which is convenient for comparison.
To rent a property, the below subheadings go over everything relevant for those looking to rent out a house.