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An outlook on houses for rent and sale on Rightmove in Ambaston

by | Jul 6, 2023

Home $ An overview on Rightmove property listings in the UK $ An outlook on houses for rent and sale on Rightmove in Ambaston

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 Ambaston so you can make the best decisions and make money on your property purchases. Getting involved in one of the 17 property deals that come off the market each month.

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How much outdoor space is there in Ambaston?

In Ambaston, the available data reveals that there are 21.0 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.

In the city of Ambaston, regarding Rightmove, what would it look like living in a HMO?

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

On Rightmove in Ambaston, what properties are available to rent?

In Ambaston, 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, 8% of individuals in Ambaston 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 £40,546.15. Most people in the Uk earn around £34,000 which is convenient for comparison.

Not everyone wants to buy a house, in the below headings, we go over what is useful to know when renting a property instead. Consider paying letting agents fees if you don’t want to find tenants yourself. Also, once you have researched your area in detail, make sure you have the right AST to sign them with.

Analysing the rate of education in Ambaston from Rightmove

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 £40,546.15 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.
Ambaston’s demographics also reveal a population of 20453 individuals and a percentage of people with degrees falling at 22%. 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.

Home listings in Ambaston on the platform of Rightmove

In the area, using Rightmove data, what are most people selling their property for?

The average sold price of properties in Ambaston, UK, available on Rightmove is £251,275. 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 £225,699
Terraced house £165,869
Semi-detached house £205,360
detached house £334,532

A deep dive into rental yield and how this impacts Ambaston

Rental yield in Ambaston 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 Ambaston’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.

Property investment opportunities presented on Rightmove in Ambaston

Based on Rightmove, there is a lot of data you can gather about Ambaston and there is a lot that can go towards making the decision to invest. So, the average rental yield of the area is £0. and the average asking rent based on Rightmove data is £1,138. In general, the higher this figure is for asking rent, the more the mortgage payments will likely be when you buy the property, hence the rental income has to go up in order to pay it off. It is also useful to find out the asking rent property by property. First of all, the average rent for a one bedroom property is DE72, for a two bed is, no relevant data for this city, a three bed is no relevant data for this city. Finally, a four bed average asking price is no relevant data for this city, and a five bed, no relevant data for this city. Comparing these prices should allow you to work out what property to buy based on your budget and the mortgage that fits the average asking rent.

A quick insight into Rightmove property Ambaston

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 East Midlands. However, you can find data for the wider region here.

Data for Ambaston Average for the UK
Turnover nan 19%
Property sales per month 17 576,000
Population growth over 10 years 7% 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 East Midlands.

The greater the number of sales per month in the area of Ambaston, 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.

From Ambaston’s Rightmove data, what are the number of planning permission applications?

The city of Ambaston, according to Rightmove listings, has a commendable planning success rate of nan and there are around 9 that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Ambaston.

What questions are asked most frequently?

How much does the average property cost in Ambaston according to Rightmove data?

The average property price for the UK currently stands at £286,000. In the local area of Ambaston, the average price of a house for sale in the area is £251,275

On Rightmove, are there any hidden costs when searching for property in the city of Ambaston?

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.

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

The city of Ambaston currently has a crime rate where for every 1000 people who live there 6100% commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.

What’s the frequency of property sales per month in Ambaston as reported by listing portals?

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 17. 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.

What’s the average cost of a three-bedroom property in Ambaston as per Rightmove data?

The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.

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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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