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

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 Aslacton

In this overview, we’ll delve into the Rightmove data for Aslacton, 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 9 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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On Rightmove, how are properties listed for sale?

On average and according to Rightmove data, what do properties sell for?

The average sold price of properties in Aslacton, UK, available on Rightmove is £278,698. 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 no relevant data for this city
Terraced house £190,129
Semi-detached house £220,613
detached house £331,361

A look into Rightmove’s Aslacton property as an Investment

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 of England. However, you can find data for the wider region here.

Data for Aslacton Average for the UK
Turnover nan 19%
Property sales per month 9 576,000
Population growth over 10 years 17% 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 of England.

How to invest in property in Aslacton using Rightmove data

In the area, average asking rents are around £1,016. 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 Aslacton.

Average asking rent Number of bedrooms in house
no relevant data for this city 5
no relevant data for this city 4
no relevant data for this city 3
no relevant data for this city 2
NR15 1

A deep dive into rental yield and how this impacts Aslacton

A serious investor will know what yield is and how to work it out. The formula is true for Aslacton 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 Aslacton 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.

On Rightmove, how many planning permission applications are there based in Aslacton?

82 out of every 100 applications for planning permission in the UK results in a success according to recent data. When it comes to Aslacton, 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 Aslacton. 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 10 that take place each month, this is likely the case a lot of the time.

The greater the number of sales per month in the area of Aslacton, 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 Aslacton, what property are people trying to rent on Rightmove?

If you are looking to rent a property, consider the data below that will help you decide on renting your next premises.

Understanding education levels in the area of Aslacton

In the city of Aslacton, the population stands at 15806 individuals. Among this population, it is noteworthy to consider the educational levels. Approximately 28% of the residents hold a higher-level educational degree.
Additionally, the average household income in the area amounts to £40,438.30. 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 Aslacton?

If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, 7% of individuals in Aslacton 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 £40,438.30. Most people in the Uk earn around £34,000 which is convenient for comparison.

According to Rightmove data in Aslacton, is it worth moving into a HMO?

Currently, the number of licensed HMOs stands at nan that come at an average price to rent of no relevant data for this city. You can also see the difference between the price of a standard HMO room and the average price of a HMO room with an ensuite which is no relevant data for this city.
This should give you an indication if it is worth the difference in price to upgrade to a room with a bathroom in Aslacton. Understanding where is best to rent in Aslacton involves considering the average asking price for a House in Multiple Occupation (HMO) and comparing this to normal rents.

By analysing Rightmove in Aslacton, is there a lot of green, outdoor space?

In Aslacton, the available data reveals that there are 19.4 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.

FAQ

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

At present, within the confines of Aslacton, the mean price for houses listed for sale is £278,698.

Are there any undisclosed expenses associated with property searches on Rightmove within Aslacton?

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.

Does Rightmove data indicate a high occurrence of crime in the vicinity of Aslacton?

The current crime rate in Aslacton is such that 4500% incidents are recorded for every 1000 residents.

What are the house sales per month in Aslacton?

To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, consider that 9 properties are being sold every month.

What’s the average cost of a three-bedroom property in Aslacton 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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