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What is the property market like in Aldham on Rightmove?

by | Jul 6, 2023

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

In the UK, there is a lot that goes into deciding on the right place to buy. The decision gets even more complex if you are buying for an investment as you will have to think a bit more logically rather than thinking emotionally when buying a property. In this article, we go over what the Rightmove data looks like for the city of Aldham so you can make the best decisions and make money on your property purchases. Getting involved in one of the 13 property deals that come off the market each month.

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In Aldham, what does the property sales data look like based on Rightmove?

Is it important to look at yield in Aldham in further detail?

Aldham averages at £0 for rental yield and this should be looked at in comparison with the average for the UK which tends to fluctuate around 4.4%. Having said this, rental yields can drop as low as 1% in the central areas of London and rise to as high as 9% in areas with high rental demand such as Stoke.
Yield, which is £0 in Aldham, is worked out by dividing the net rental income of a property by the purchase price.

What is a commons purchase price for property on Rightmove?

The average sold price of properties in Aldham, UK, available on Rightmove is £345,194. 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 £189,710
Terraced house £241,252
Semi-detached house £282,327
detached house £429,073

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

The city of Aldham, according to Rightmove listings, has a commendable planning success rate of nan and there are around 23 that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Aldham.

How to invest in property in Aldham using Rightmove data

There is a fair amount of insight that you can gather from the city of Aldham by looking at Rightmove data. You can use all of this data in order to invest properly armed with the right information. To begin, let’s have a look at the most important data that someone looks for when evaluating an investment in the area, £0 is the average rental yield and the average asking rent is £1,227.

The average for these figures are 4.4% and £1,143 respectively. You can make an investment work in any area and there is even less you won’t have to worry about these figures if you are buying to live in this home. So, look at the below figures with an element of reason and be prepared to make changes to the rent using a

section 13 rent increase as a landlord if there are changes in the economy and the cost to run a property goes up.


Number of bedrooms Average asking rent
1 CO6
2 no relevant data for this city
3 no relevant data for this city
4 no relevant data for this city
5 no relevant data for this city


An overview of Aldham property in Rightmove from an investment perspective

In the area of Aldham, Rightmove records consistent sales of 13 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 8% 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 East of England by looking at further houses for sale here.

The greater the number of sales per month in the area of Aldham, the more it could be argued that the property market is improving. As you read on, consider this factor amongst others such as the type of property that is in the area.

On Rightmove and in Aldham, how many HMOs are licenced?

The average asking price for a House in Multiple Occupation (HMO) in Aldham 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 Aldham 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.

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

Green space is something that is recommended to everyone to have but then again, it is often compromised in a lot of locations. For instance, in cities, the amount of green space is often well below the recommended figure of 6 acres of green space for every thousand people. In Aldham, this is 28.8. Compare this figure of 6 which is recommended to have and the data for Aldham to tell how much green space is around.

According to Rightmove data from Aldham, what properties are renting?

What is the Rightmove data regarding social rent and affordable housing in Aldham?

There is often a negative stigma attached to affordable housing and social rent. If you are looking for Rightmove data concerning this, the percentage of people renting from the government is: 8%. Also, in Aldham, the average amount that people earn per household is £43,471.43. These are not standalone figures so it is important to compare this data to other factors such as the crime rate and also visit an area in person to truly see what it is like. Take these figures with a pinch of salt as there are areas that are unsafe in the UK where people earn a higher wage such as some areas in Central London. On the other hand, there are places with high amounts of social rent where crime rate isn’t high at all like in Ardwick, Manchester. People earn a humble average household income of £30,450 yet the rate of crime is just 1 out of every 1000 people.

If you are looking to rent a property, consider the data below that will help you decide on renting your next premises.

Understanding education levels in the area of Aldham

When considering Aldham, its population reaches 45289 individuals. It is useful to note that around 30% of the residents have attained a higher level of education and the average household income in the area is £43,471.43. 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.

Frequently Asked Questions by Rightmove users

What is the average property price in Aldham on Rightmove?

The average property price for the UK currently stands at £286,000. In the local area of Aldham, the average price of a house for sale in the area is £345,194

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

Landlords need to be vigilant about various expenses, including stamp duty rates, capital gains tax, renovation expenditures, and the deductible costs applicable to properties in a personal name. (relevant for UK property)

Is there substantial criminal activity in the area around Aldham as indicated by Rightmove?

The Aldham community presently experiences a crime rate where 47.5 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 Aldham?

To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, consider that 13 properties are being sold every month.

On Rightmove, what is the average price of a three-bed property in Aldham?

Properties with three bedrooms command an average asking price of no relevant data for this city. This can be juxtaposed with the mean property price of the entire united kingdom which is £286,000. Or, for a more accurate figure, you can compare it to the average price of a three bed property in the UK which is £283,706.

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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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