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 Alpraham 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 7 number of properties that are sold.
According to Rightmove data in Alpraham, is it worth moving into a HMO?
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 no relevant data for this city.
This should give you an indication if it is worth the difference in price to upgrade to a room with a bathroom in Alpraham. Understanding where is best to rent in Alpraham involves considering the average asking price for a House in Multiple Occupation (HMO) and comparing this to normal rents.
How much outdoor space is there in Alpraham?
In Alpraham, the available data reveals that there are 22.9 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.
Properties for sale in Alpraham on Rightmove
Average sold prices of properties on Rightmove
Using Rightmove, there is an average sold price of property that is £408,718 in Alpraham. 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|
A deep dive into rental yield and how this impacts Alpraham
Rental yield is simply the annual amount of rent that is made from a property after expenses calculated as a percentage. As of 2023, the yield of Alpraham is £0.
It is a wise idea to compare this figure to the rest of the UK. Areas with extremely high yields can get as high as 10% but on the low end where property is very expensive such as in Chelsea, London, yields can be as low as 1%. So use the figure of £0 for comparison.
Usually, when looking to invest in Alpraham, landlords look for a mix of appreciation and high yields but the gains from capital appreciation aren’t realised until the property is sold.
It is worth noting that the more homes sell on a monthly basis, the more buyers and competition there tend to be. This figure for Alpraham is talked about below and in the following headings.
Property investment opportunities presented on Rightmove in Alpraham
Rightmove data can tell you a lot about the average asking rents of the area of Alpraham. For example, the table below goes over how rents are distributed according to the number of rooms in the property. Also, the national figure for rental yield that is most common is 4.4%. The £0 which is the average yield of rent in the area can be compared for reference.
Read on to see what kind of rent you are looking to charge if you bought a property to see what size is best. Bear in mind as you do so that the average amount of rent that is asked for is £1,186.
|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|
From Alpraham’s Rightmove data, what are the number of planning permission applications?
In the UK, planning applications result in a success rate of 82% most of the time. In Alpraham, people plan to make modifications to their properties and apply for planning permission with a planning success rate of nan.
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 9 monthly planning applications in Alpraham, 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.
An overview of Alpraham property in Rightmove from an investment perspective
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 North West. However, you can find data for the wider region here.
|Data for Alpraham||Average for the UK|
|Property sales per month||7||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 North West.
Properties to Rent in Alpraham 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.
Concerning Rightmove, what is the education level like in Alpraham?
If you are renting or looking to rent, it is good practice to recognise if in the area you are searching, the people have higher incomes. The average household income in this area is £43,830.56 and this figure on a nationwide level has an average of £34,000. It is important to understand this because you want to be in a location that suits your taste and budget.
Alpraham’s demographics also reveal a population of 12270 individuals and a percentage of people with degrees falling at 39%. Keep this in mind too and compare it to the average percentage of degrees in the UK which is 22.6%. You don’t necessarily want to be around people you aren’t like or have nothing in common with.
What is the Rightmove data regarding social rent and affordable housing in Alpraham?
Not everyone is inclined to purchase a house and in fact, some people are actually struggling with renting to the extent that they have to rent from the government. According to data scraped from Rightmove and listing portals that are popular in the UK, 7% of individuals in Alpraham rely on government rent and the average household income in the district is £43,830.56.
Always visit an area too to find out what the area is truly like and compare these figures to the national averages of 22.6% (on social rent) and £34,000 (in household earnings per year). Most people prefer to live amongst people where their incomes are similar.
If you are a tenant, perhaps move in as a lodger in an excluded tenancy agreement instead of as an assured tenant. While you have fewer rights, a tenancy may be easier to secure.
What questions are asked most frequently?
How much does the average property cost in Alpraham according to Rightmove data?
At present, within the confines of Alpraham, the mean price for houses listed for sale is £408,718.
On Rightmove, are there any hidden costs when searching for property in the city of Alpraham?
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.
Based on Rightmove’s information, what’s the level of criminal activity in the Alpraham area?
The city of Alpraham currently has a crime rate where for every 1000 people who live there 52 commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.
What are the house sales per month in Alpraham?
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 7. 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.
According to Rightmove, what’s the mean price of a three-bedroom property in Alpraham?
For properties encompassing three bedrooms, the typical asking price hovers around no relevant data for this city. This can be contrasted with the mean property valuations.