Choosing the perfect location to buy property in the UK involves a lot of factors.
This piece discusses the nature of Rightmove (and other listing platforms) data for Annfield Plain, aiming to guide your investment decisions.
It’s worth noting that currently, 33 properties are listed for sale and sold on Rightmove in this area every single month so you have an idea of your options to pick from.
We will also go over the properties for rent in the area on Rightmove if you are looking to become a new tenant.
On Rightmove and in Annfield Plain, how many HMOs are licenced?
When it comes to renting in Annfield Plain, 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 no relevant data for this city 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 Annfield Plain, giving you an idea of the variety and options available in the market.
How much outdoor space is there in Annfield Plain?
Green space is highly recommended for everyone’s well-being, but it is often compromised. Urban areas, in particular, tend to have insufficient green space compared to the recommended benchmark of 6 acres per thousand people according to Fields in Trust seen here. In Annfield Plain, the current data indicates that there are 21.2 acres of green space available per thousand residents. By comparing this figure to the recommended standard of 6, we can assess the adequacy of green space in the area based on Rightmove data.
A list of properties for Sale in Annfield Plain on Rightmove
In the area, using Rightmove data, what are most people selling their property for?
By looking at the below table taken from Rightmove data, you can gain great insights into the property market of Annfield Plain. With an overall sold price of approximately £93,101, 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|
A quick insight into Rightmove property Annfield Plain
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 East. However, you can find data for the wider region here.
|Data for Annfield Plain||Average for the UK|
|Property sales per month||33||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 East.
Every month, properties are sold on the platform of Rightmove in Annfield Plain and you can explore the topics below related to sales that give you an overview of the market.
On Rightmove, how many planning permission applications are there based in Annfield Plain?
82 out of every 100 applications for planning permission in the UK results in a success according to recent data. When it comes to Annfield Plain, the people who own homes in this area have a rate of planning success of nan. Individuals usually seek to modify their properties and apply for planning permission whenever they are trying to increase the value of a home.
This means investors should take note of this data in Annfield Plain. An above-average success rate indicates that property renovations have been proven to work and are repeatable or it could mean that a lot of the properties in the area are very simple in design. This presents an opportunity for investors to assess successful strategies in the area and adopt similar approaches and of the 5 that take place each month, this is likely the case a lot of the time.
How Rightmove listings in Annfield Plain help you make an investment
There is a fair amount of insight that you can gather from the city of Annfield Plain 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 £526.
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|
|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|
A closer look at rental yield on Rightmove in Annfield Plain
As you may be aware, rental yield is an extremely important metric to judge how effective a property is in terms of producing a return on investment. In the city of Annfield Plain, there is an average of £0 for rental yield.
Annfield Plain can be compared to the rest of the UK that tends to have an average of around 4.4% yield where the higher the yield the higher the return on the amount of money in the deal. This is because the area’s rental yield of £0 is first worked out by multiplying the monthly rent by twelve to find the annual rent. Then, you take away the associated costs of the property from the annual rental income to find the net rent. This net rent can then be divided by the purchase price and multiplied by 100 to find the rental yield as a percentage.
Properties to Rent in Annfield Plain on Rightmove
To rent a property, the below subheadings go over everything relevant for those looking to rent out a house.
What is the outlook for social rent and affordable housing according to Rightmove in Annfield Plain?
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, 14% of individuals in Annfield Plain rely on government rent and the average household income in the district is £35,475.00.
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.
Annfield Plain’s demographics and income insights based on Rightmove data
Within the city of Annfield Plain, the population amounts to 36685 individuals. Among these residents, it is notable that approximately 15% hold a higher-level educational degree. Furthermore, the average household income in the area stands at £35,475.00. For renters, it is essential to recognize that if the percentage of degree holders surpasses the regional average of 22.6%, your neighbours are likely to have higher incomes. Although other factors influence neighbour quality, acknowledging educational achievements proves beneficial.
What questions are asked most frequently?
How much does the average property cost in Annfield Plain according to Rightmove data?
The mean property value in the UK is £286k but is changing all the time. Meanwhile, in the local area of Annfield Plain, the average cost of a home available for purchase is £93,101. You can compare these figures to see how far away this city is from the average.
In the process of property hunting on Rightmove in Annfield Plain, do hidden costs come into play?
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.
Is there substantial criminal activity in the area around Annfield Plain as indicated by Rightmove?
The ongoing crime rate in Annfield Plain indicates 12800% instances for every 1000 citizens.
According to online listings, what’s the count of property transactions per month in Annfield Plain?
To comprehend the insights extracted from listing portals like Rightmove begin by acknowledging that the ongoing frequency of houses sold each month equates to 33. To learn more about houses for sale and why this data is important
According to Rightmove, what’s the mean price of a three-bedroom property in Annfield Plain?
Properties with three bedrooms command an average asking price of no relevant data for this city. This can be juxtaposed with the mean property price of the entire united kingdom which is £286,000. Or, for a more accurate figure, you can compare it to the average price of a three bed property in the UK which is £283,706.