In this overview, we’ll delve into the Rightmove data for Amblecote, providing insight into Rightmove data and how this data can aid you in a profitable property purchase. Making a decision on where to buy property is an exciting opportunity and a milestone for a lot of people.
Also, knowing that there are 37 properties sold every month in the area should give you an idea of how often properties are selling and what kind of opportunity there is.
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Properties to Rent in Amblecote on Rightmove
To rent a property, the below subheadings go over everything relevant for those looking to rent out a house.
How to examine income data from Rightmove for Amblecote
In the city of Amblecote, the population stands at 50205 individuals. Among this population, it is noteworthy to consider the educational levels. Approximately 26% of the residents hold a higher-level educational degree.
Additionally, the average household income in the area amounts to £37,604.82. 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.
What is the level of Rightmove affordable housing and social rent in Amblecote?
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 Amblecote, the average amount that people earn per household is £37,604.82. 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.
By analysing Rightmove in Amblecote, 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 Amblecote, the available data reveals that there are 13.8 acres of green space per thousand residents. For health reasons, there should be 6 acres.
On Rightmove and in Amblecote, how many HMOs are licenced?
In Amblecote, of the total number of licensed HMOs (10) 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 Amblecote 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.
Properties for sale in Amblecote on Rightmove
What is a commons purchase price for property on Rightmove?
In the area of Amblecote in the UK, the average sold price of a property is around £214,839. This is based on the average of all of the types of property listed on Rightmove and other listing platforms. Take a look below to see how this average is made up:
| Type of property | Average sold price |
|---|---|
| detached house | £325,735 |
| Semi detached house | £203,882 |
| Terraced house | £181,698 |
| Flat | £127,915 |
A deep dive into rental yield and how this impacts Amblecote
Rental yield in Amblecote 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 Amblecote’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.
From Amblecote’s Rightmove data, what are the number of planning permission applications?
On Rightmove, there are a lot of people who plan to make amendments to their property and 8,000 people every month go through the process. In Amblecote, this number is 19 every month and the success rate for planning permission is 90%.
Rightmove records planning success as a good metric for investors to get a gauge on how familiar people are with renovating their homes. A higher success indicates investors have done improvements before and they are good at renovation. This suggests that if you are looking to buy in Amblecote, you may be able to do the same and make some money.
How Rightmove listings in Amblecote help you make an investment
There is a fair amount of insight that you can gather from the city of Amblecote 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 £804.
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 | DY8 |
| 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 |
The greater the number of sales per month in the area of Amblecote, 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.
Investment analysis of Rightmove property in Amblecote
In the area of Amblecote, Rightmove records consistent sales of 37 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 3% 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 West Midlands by looking at further houses for sale here.
Frequently Asked Questions by Rightmove users
What is the average property price in Amblecote on Rightmove?
Currently, the average worth of a property in the UK stands at £286,000. Focusing locally on Amblecote, the mean selling price for houses in the area is £214,839. You can look at these two numbers and see if the price in the area is higher or lower than what is the average figure for the rest of the UK.
Are there any undisclosed expenses associated with property searches on Rightmove within Amblecote?
It’s essential for landlords to stay alert to an array of costs that you could be subject to as a landlord. These may include, stamp duty rates, costs that may come up due to renovation and also making sure they are aware of the things you can write off as a landlord in a limited company as opposed to your personal name.
Does Rightmove data indicate a high occurrence of crime in the vicinity of Amblecote?
The city of Amblecote currently has a crime rate where for every 1000 people who live there 8400% commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.
According to online listings, what’s the count of property transactions per month in Amblecote?
To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, consider that 37 properties are being sold every month.
What’s the usual price range for a three-bedroom property on Rightmove in Amblecote?
The average price for a property that has three bedrooms is no relevant data for this city. This can be compared to average property prices
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