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 Allaleigh 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 12 number of properties that are sold.
Properties to Rent in Allaleigh on Rightmove
How to examine income data from Rightmove for Allaleigh
In the city of Allaleigh, the population stands at 17416 individuals. Among this population, it is noteworthy to consider the educational levels. Approximately 39% of the residents hold a higher-level educational degree.
Additionally, the average household income in the area amounts to £39,730.00. 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 Allaleigh, in terms of affordable housing and social rent, what does Rightmove data show?
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: 5%. Also, in Allaleigh, the average amount that people earn per household is £39,730.00. 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.
A list of properties for Sale in Allaleigh on Rightmove
Linking rental yields with Rightmove property listings in Allaleigh
Rental yield in Allaleigh 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 Allaleigh’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.
The greater the number of sales per month in the area of Allaleigh, 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.
How can property investments be made using Rightmove data?
In the area, average asking rents are around £1,112. 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 Allaleigh.
|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|
What are properties sold for on average on Rightmove?
Using Rightmove, there is an average sold price of property that is £347,666 in Allaleigh. The average sold price provides a benchmark for understanding property values in the area and you may want to look at a more detailed overview of individual types of property below.
|Property category||Average price of property|
Exploring Allaleigh’s real estate investment potential on Rightmove
When considering buying a house for an investment in the area of South West, you can click here to find further information about houses for sale. There are also a few metrics to look at that make the investment more appealing.
For instance, you should look at the number of property sales that the area has every month which is 12. This, alongside the city’s relative population, should give you an indication of the turnover. The turnover is a piece of data that looks at how many houses have been sold in relation to the number of properties there are.
On average throughout the UK, in a calendar year, this data is around 22% but for Allaleigh it is nan. Finally, a growing population is always a good sign. The change in population that has happened over the last decade has been 5%. So, you can make of that as you will.
In Allaleigh, analysing Rightmove, what are the number of planning permission applications?
Applying for planning permission in Allaleigh is something landlords tend to do if they want to add some value to their home. As of this month, there were 12 planning applications out of the 8,000 that roughly occur every month nationally. In order to further understand this figure, compare how large the population of the area is to this figure too.
The planning success rate of these applications is nan and the higher this is and the greater it is above the average success of 82%, the more likely it is that landlords are conducting easy renovations. This may therefore indicate that if you are looking to invest in property yourself in Allaleigh too, there is a decent amount of opportunity to buy, renovate and make a profit.
On Rightmove and in Allaleigh, how many HMOs are licenced?
When it comes to renting in Allaleigh, it’s important to consider the average asking price for a House in Multiple Occupation (HMO), which is no relevant data for this city. This data is particularly valuable for individuals seeking affordable rental options or like the idea of renting with housemates. If you are looking for more of an expensive property, there are £499 HMO properties with an ensuite too. Contrary to what you may believe, not all HMOs have to be cramped with a lack of space. A HMO with an ensuite will mean you won’t have to come out of your room to use the bathroom, making things very convenient.
According to the most recent Rightmove data, there are a total of nan licensed HMOs in Allaleigh, giving you an idea of the variety and options available in the market.
By analysing Rightmove in Allaleigh, is there a lot of green, outdoor space?
Green space is a vital element that is often compromised in different locations, hindering its availability. For instance, urban areas frequently fall short of the recommended benchmark of 6 acres of green space per thousand people. In Allaleigh, the available data reveals that there are 17.1 acres of green space per thousand residents. For health reasons, there should be 6 acres.
Frequently Asked Questions by Rightmove users
Discover the mean property value in Allaleigh as reported on Rightmove.
The average property price for the UK currently stands at £286,000. In the local area of Allaleigh, the average price of a house for sale in the area is £347,666
Are there any undisclosed expenses associated with property searches on Rightmove within Allaleigh?
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 Allaleigh as indicated by Rightmove?
The Allaleigh community presently experiences a crime rate where 5400% 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.
According to online listings, what’s the count of property transactions per month in Allaleigh?
12 properties are sold in the area every month. A figure you should pay attention to, particularly if you are an investor looking to
On Rightmove, how much does a three-bed property typically cost in Allaleigh?
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.