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What is the property market like in Aspley Guise on Rightmove?

by | Jul 6, 2023

Home $ An overview on Rightmove property listings in the UK $ What is the property market like in Aspley Guise on Rightmove?

9 properties are sold from Rightmove and other listing platforms every single month in the UK. In this article we plan to go over how to buy one of these properties and also how to rent from the platform of Rightmove too.
Aspley Guise contains a lot of information so read carefully and start to consider how to make sure you are involved in a beneficial property deal, whether you are buying or renting.

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Properties to Rent in Aspley Guise on Rightmove

Analysing the rate of education in Aspley Guise from Rightmove

In the city of Aspley Guise, the population is 17251. Out of all of these people, it is worth noting the education level. 29% have a degree (a higher level educational degree). Also, the average household income of the area is £47,240.91. 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.

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

What is the outlook for social rent and affordable housing according to Rightmove in Aspley Guise?

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: 9%. Also, in Aspley Guise, the average amount that people earn per household is £47,240.91. 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.

Home listings in Aspley Guise on the platform of Rightmove

In terms of the number of planning permission applications on Rightmove, what should there be in Aspley Guise?

In the UK, planning applications result in a success rate of 82% most of the time. In Aspley Guise, people plan to make modifications to their properties and apply for planning permission with a planning success rate of nan.

This is interesting data for investors in particular. An above average success indicates renovations are tried and tested and likely an investment from landlords. This is a great opportunity for investors to model what works in the area and do the same. On the other hand, a lower approval indicates there are more ambitious proposals in the area and of the 22 monthly planning applications in Aspley Guise, property here is more difficult to conduct improvements on.

If you don’t want to deal with planning permission, consider buying a property as a leaseholder which means you don’t own the land and any planning permission is done by the freeholder who owns the land.

If you do this, you will have to look at when a leasehold expires as well as other disadvantages though. However, there are pros and cons of being a leaseholder or a freeholder. For instance, as a freeholder, you may have to evict a leaseholder in a process known as a forfeiture of lease. So, pay attention to the advantages and disadvantages and what path you actually want to go down.

A quick insight into Rightmove property Aspley Guise

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 South East. However, you can find data for the wider region here.

Data for Aspley Guise Average for the UK
Turnover nan 19%
Property sales per month 9 576,000
Population growth over 10 years 11% 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 South East.

Linking rental yields with Rightmove property listings in Aspley Guise

Aspley Guise averages at £0 for rental yield and this should be looked at in comparison with the average for the UK which tends to fluctuate around 4.4%. Having said this, rental yields can drop as low as 1% in the central areas of London and rise to as high as 9% in areas with high rental demand such as Stoke.
Yield, which is £0 in Aspley Guise, is worked out by dividing the net rental income of a property by the purchase price.

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

By looking at the below table taken from Rightmove data, you can gain great insights into the property market of Aspley Guise. With an overall sold price of approximately £408,539, 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
Flat £209,612
Terraced house £318,467
Semi-detached house £355,923
detached house £590,927

Every month, properties are sold on the platform of Rightmove in Aspley Guise and you can explore the topics below related to sales that give you an overview of the market.

How Rightmove listings in Aspley Guise help you make an investment

In the area, average asking rents are around £1,442. 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 Aspley Guise.

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
MK17 1

How many HMOs are licenced in the city of Aspley Guise on Rightmove?

The average asking price for a House in Multiple Occupation (HMO) in Aspley Guise is no relevant data for this city. Understanding this information is essential for anyone interested in saving some money on rent because Houses of Multiple Occupancy tend to be cheaper to rent than any other type of property.
By opting for shared living arrangements within a HMO, you can also get an ensuite in your room too. The average price of a room with an ensuite in a HMO in the city of Aspley Guise is no relevant data for this city and there are also nan in the area in total. This number of licenced HMO properties should be looked at in relation to the fact there are 56,000 properties that are licenced in the whole of the UK so you can see how much this area contains.

How much outdoor space is there in Aspley Guise?

Green space is something that is recommended to everyone to have but then again, it is often compromised in a lot of locations. For instance, in cities, the amount of green space is often well below the recommended figure of 6 acres of green space for every thousand people. In Aspley Guise, this is 24.5. Compare this figure of 6 which is recommended to have and the data for Aspley Guise to tell how much green space is around.

FAQ

Discover the mean property value in Aspley Guise as reported on Rightmove.

The mean property value in the UK is £286k but is changing all the time. Meanwhile, in the local area of Aspley Guise, the average cost of a home available for purchase is £408,539. You can compare these figures to see how far away this city is from the average.

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

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 Aspley Guise area?

The Aspley Guise community presently experiences a crime rate where 5700% infractions are documented for every 1000 inhabitants. A reference point is the national average of 79.52 incidents for every 1000 individuals. So, if the crime rate in the area is above this figure, there is more crime than usual. If it is below this figure then there is less crime than usual.

In Aspley Guise, how many sales per month are there according to listing portals?

To interpret the insights drawn by listing portals like Rightmove, begin by recognizing that the ongoing rate of houses sold per month is counted at 9 as of recent data.

What’s the average cost of a three-bedroom property in Aspley Guise as per Rightmove data?

The average cost to rent a property with three bedrooms is no relevant data for this city. This can be weighed against the average property price trends.

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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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