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 Anstey so you can make the best decisions and make money on your property purchases. Getting involved in one of the 30 property deals that come off the market each month.
In Anstey, what property are people trying to rent on Rightmove?
To rent a property, the below subheadings go over everything relevant for those looking to rent out a house.
Concerning Rightmove, what is the education level like in Anstey?
In the city of Anstey, the population stands at 54251 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 £50,545.24. 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 Rightmove data regarding social rent and affordable housing in Anstey?
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 Anstey rely on government rent and the average household income in the district is £50,545.24.
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.
Home listings in Anstey on the platform of Rightmove
An overview of Anstey property in Rightmove from an investment perspective
As you delve into the property landscape of Anstey in the region of East of England, Rightmove becomes an invaluable resource that provides data that can be looked at every month.
Some standard data that should be examined when trying to understand an area include the number of sales there are every month in the area, which falls at 30. Look at this in accordance with the population of the area, larger populations obviously will generally have more sales as there are more people living there and likely to sell their property. So, look at this as a factor and also check out this link to compare data for other cities in the area.
So, you can look at turnover which looks at property sales every year in relation to the number of houses that exist in the area anyway. Currently turnover is 1.05. Every decade population change should also be considered. This figure stands at 12% and positive changes generally show there is a growing population no matter if you are talking about a city or a wider region like East of England.
Property investment opportunities presented on Rightmove in the city of Anstey
In the area, average asking rents are around £926. 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 Anstey.
|Average asking rent||Number of bedrooms in house|
|no relevant data for this city||5|
|no relevant data for this city||2|
On Rightmove, how many planning permission applications are there based in Anstey?
Applying for planning permission in Anstey is something landlords tend to do if they want to add some value to their home. As of this month, there were 34 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 Anstey too, there is a decent amount of opportunity to buy, renovate and make a profit.
Anstey’s rental yield on Rightmove explained
A serious investor will know what yield is and how to work it out. The formula is true for Anstey and everywhere else in the UK. Simply calculate net rental yield and the purchase price of the home and then divide the former by the latter. When this calculation is done, for Anstey the figure is £0.
This £0 as a percentage is essentially the amount of money that a landlord makes from the deal in relation to the amount of money they have invested. Take a look at other calculations too like return on capital invested to get a return that is comparable to a direct “return on investment” calculation such as that of a bank.
A city such as Anstey has a fair amount of houses for sale on Rightmove. In the following headings, we go over all the relevant data related to Rightmove so you can begin the process of buying a house. Figuring out the best type of property to buy is a difficult process so it is useful to see all the relevant information condensed in one place.
On average and according to Rightmove data, what do properties sell for?
The average sold price of properties in Anstey, UK, available on Rightmove is £362,061. 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|
Will you be moving into somewhere with a lot of green space if you moved to Anstey?
In Anstey, the available data reveals that there are 31.5 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 Anstey, regarding Rightmove, what would it look like living in a HMO?
Prospective tenants should be aware of the average asking price for a House in Multiple Occupation (HMO), which currently stands at no relevant data for this city.
Tenants should also consider how significant, if at all, the saving in rent is when comparing the price to rent in a normal house you do not have to share in Anstey.
Renting an HMO can provide a more affordable alternative to traditional rental arrangements and for context, there are a predicted 13,500 licenced HMOs in London. In Anstey, there are nan for comparison so you are able to tell how abundant this type of property is.
Do not think that all HMOs have to be small rooms with a lack of space either, you also have the option to rent out a HMO with an ensuite. The average rents for this type of room stands at no relevant data for this city.
Frequently Asked Questions by Rightmove users
Uncover the typical property asking price in Anstey through Rightmove data.
At present, within the confines of Anstey, the mean price for houses listed for sale is £362,061.
On Rightmove, are there any hidden costs when searching for property in the city of Anstey?
Landlords should remain attentive to several financial considerations. These may include but are not limited to the costs of running the property, the rate of stamp duty and renovation costs.
According to Rightmove data, how prevalent is crime in Anstey’s vicinity?
The city of Anstey currently has a crime rate where for every 1000 people who live there 7150% 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 Anstey 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 30. 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.
On Rightmove, how much does a three-bed property typically cost in Anstey?
The average price for a property that has three bedrooms is £860. This can be compared to average property prices