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 Ardeley so you can make the best decisions and make money on your property purchases. Getting involved in one of the 19 property deals that come off the market each month.
Properties to Rent in Ardeley on Rightmove
How to examine income data from Rightmove for Ardeley
In the city of Ardeley, the population is 42038. Out of all of these people, it is worth noting the education level. 21% have a degree (a higher level educational degree). Also, the average household income of the area is £50,545.24. This is important to understand for renters as if the degree level is above the average of 22.6%, your neighbours will likely be higher earners. This is not always the case and there are still other factors that determine the quality of your neighbours but taking a note of the degree is always useful.
Looking to rent? Find the most valuable data points for the process of renting below. See our full list of areas in the UK with data from Rightmove if you want to compare these rents to other areas in the UK.
What is the Rightmove data regarding social rent and affordable housing in Ardeley?
Through some digging, we found the level of social rent in the area. Currently, this figure is 12% as the percentage of people who are leasing directly from the government. In the area of Ardeley, the average household income is £50,545.24 too. This is another figure to reference and compare to the £34,000 average national salary to see who is in financial hardship. You may wonder why it is necessary to have this information and the answer is because it’s important you live in an area that suits your income as life is generally more enjoyable when you pick somewhere to live amongst others in a similar situation.
Will you be moving into somewhere with a lot of green space if you moved to Ardeley?
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 Ardeley, the available data reveals that there are 31.5 acres of green space per thousand residents. For health reasons, there should be 6 acres.
How many HMOs are licenced in the city of Ardeley on Rightmove?
In Ardeley, of the total number of licensed HMOs (72) 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 Ardeley is currently £570, usually slightly above what is asked to rent a normal room without an ensuite in a HMO.
Home listings in Ardeley on the platform of Rightmove
Average sold prices of properties on Rightmove
Using Rightmove, there is an average sold price of property that is £307,942 in Ardeley. 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.
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The greater the number of sales per month in the area of Ardeley, 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.
In terms of the number of planning permission applications on Rightmove, what should there be in Ardeley?
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 Ardeley, this number is 16 every month and the success rate for planning permission is 92%.
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 Ardeley, you may be able to do the same and make some money.
An overview of Ardeley property in Rightmove from an investment perspective
In the area of Ardeley, Rightmove records consistent sales of 19 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 7% 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 East of England by looking at further houses for sale here.
How Rightmove listings in Ardeley help you make an investment
Rightmove data can tell you a lot about the average asking rents of the area of Ardeley. 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 £1,224.
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Is it important to look at yield in Ardeley in further detail?
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 Ardeley 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 Ardeley, landlords look for a mix of appreciation and high yields but the gains from capital appreciation aren’t realised until the property is sold.
What are some frequently asked questions?
Uncover the typical property asking price in Ardeley through Rightmove data.
Currently, the average worth of a property in the UK stands at £286,000. Focusing locally on Ardeley, the mean selling price for houses in the area is £307,942. 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.
On Rightmove, are there any hidden costs when searching for property in the city of Ardeley?
Costs that landlords should look out for include the rate of stamp duty, costs of renovation and also what the landlord deductible expenses are in a property based on if the property is a limited company or listed in your personal name.
Based on Rightmove’s information, what’s the level of criminal activity in the Ardeley area?
The city of Ardeley 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.
What are the house sales per month in Ardeley?
19 properties are sold in the area every month. A figure you should pay attention to, particularly if you are an investor looking to
What’s the average cost of a three-bedroom property in Ardeley as per Rightmove data?
The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.