Deciding on the right property to purchase in the UK is a big deal. The decision to rent and where to rent is also a huge decision too. This article goes over the Rightmove data related to Aldworth and analyses just how good of an area it is to find somewhere to buy or to rent.
By the end of the article, you should be able to make an informed decision and pick from the list of properties to rent or the 11 number of properties that are sold.
We help you find the right agent
At lofti we want to simplify your life and help you buy, sell or rent your property. We have assembled all the agent in Aldworth to help you find the perfect agent for you
Properties to Rent in Aldworth on Rightmove
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 Aldworth?
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: 7%. Also, in Aldworth, the average amount that people earn per household is £58,393.33. 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.
Aldworth’s demographics and income insights based on Rightmove data
When considering Aldworth, its population reaches 18695 individuals. It is useful to note that around 41% of the residents have attained a higher level of education and the average household income in the area is £58,393.33. 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.
According to Rightmove data in Aldworth, is it worth moving into a HMO?
In Aldworth, of the total number of licensed HMOs (3) that are legally registered as a House of Multiple Occupancy, the average asking rent is no relevant data for this city. If you are trying to find a cheap way to rent but also don’t want to share the entire property with other renters, you also have the option to rent a room with a bathroom attached. These are known as ensuites and the cost to rent one in Aldworth is currently no relevant data for this city, usually slightly above what is asked to rent a normal room without an ensuite in a HMO.
Will you be moving into somewhere with a lot of green space if you moved to Aldworth?
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 Aldworth, this is 23.1. Compare this figure of 6 which is recommended to have and the data for Aldworth to tell how much green space is around.
In Aldworth, what does the property sales data look like based on Rightmove?
Property investment opportunities presented on Rightmove in Aldworth
In Aldworth, the average asking rent in the area is £1,591 and there is a table below that goes over the asking rent for every type of property there is. Also, in Aldworth, 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 |
| 1 | RG8 |
On Rightmove, how many planning permission applications are there based in Aldworth?
The city of Aldworth, according to Rightmove listings, has a commendable planning success rate of 90% and there are around 16 that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Aldworth.
Linking rental yields with Rightmove property listings in Aldworth
Rental yield in Aldworth 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 Aldworth’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?
By looking at the below table taken from Rightmove data, you can gain great insights into the property market of Aldworth. With an overall sold price of approximately £575,928, 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 | £299,790 |
| Terraced house | £420,489 |
| Semi-detached house | £477,762 |
| detached house | £767,567 |
Investment analysis of Rightmove property in Aldworth
When weighing up an investment property, take into careful consideration the data provided by Rightmove as if you use them the right way, you can really use them to make informed decisions.
By closely examining the monthly property sales volume in the area and looking at this in relation to the number of homes there are (currently 11 properties are sold each month), you can work out the turnover too, which is 0.62 in Aldworth.
Even if these figures appear to be positive, it is still worth looking at other factors like the population difference over ten years which is 5%. Also comparing this data to an area slightly bigger, such as South East by visiting our page for this, you can find additional data to help you on your search too.
Every month, properties are sold on the platform of Rightmove in Aldworth and you can explore the topics below related to sales that give you an overview of the market.
What questions are asked most frequently?
In the city of Aldworth, what is the median property price?
In Aldworth, the mean price for residential properties up for sale is £575,928. The mean price for the average property valuation across the UK is £286,000.
On Rightmove, are there any hidden costs when searching for property in the city of Aldworth?
Landlords should remain attentive to several financial considerations. These may include but are not limited to the costs of running the property, the rate of stamp duty and renovation costs.
Is there a lot of crime in the area of Aldworth according to Rightmove?
In Aldworth, the prevailing crime rate results in 4100% occurrences for every 1000 residents. This contrasts with the nationwide average of 79.52 incidents for every 1000 individuals.
How many monthly property sales does Aldworth witness according to listing platforms?
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 11 as of recent data.
What’s the average cost of a three-bedroom property in Aldworth as per Rightmove data?
The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.
0 Comments