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 Attleborough, aiming to guide your investment decisions.
It’s worth noting that currently, 27 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.
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How much green space do properties have in Attleborough according to Rightmove?
Green space is universally recommended but unfortunately often compromised in various locations. In cities, the amount of green space often falls below the recommended threshold of 6 acres of green space per thousand people.
In Attleborough, the current data indicates the presence of 19.4 acres of green space per thousand residents. By comparing this value to the recommended benchmark of 6, we can evaluate the sufficiency of green space in the area.
In the city of Attleborough, 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 Attleborough.
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 Attleborough, 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 £449.
Properties for sale in Attleborough on Rightmove
How can property investments be made using Rightmove data?
There is a fair amount of insight that you can gather from the city of Attleborough 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 £807.
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 |
---|---|
1 | CV11 |
2 | no relevant data for this city |
3 | £747 |
4 | no relevant data for this city |
5 | no relevant data for this city |
Attleborough’s rental yield on Rightmove explained
Rental yield in Attleborough is £0 as of 2023. However, this is not to say that there are not higher yields out there. When the economy was favourable for property in 2018. Yields were as high as 11% in places like Sheffield in some cases. However, an average, yet respectable figure you can expect from a property in the UK is around 4.4% so you can compare Attleborough’s yield of £0 to see if you are above or below.
It is useful to note that even though a property may have a below average rental yield, it can still benefit from capital appreciation over time and this profit can be taken when the property is sold.
In Attleborough, analysing Rightmove, what are the number of planning permission applications?
82 out of every 100 applications for planning permission in the UK results in a success according to recent data. When it comes to Attleborough, 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 Attleborough. 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 12 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 Attleborough, 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.
What is a commons purchase price for property on Rightmove?
In the area of Attleborough in the UK, the average sold price of a property is around £246,819. This is based on the average of all of the types of property listed on Rightmove and other listing platforms. Take a look below to see how this average is made up:
Type of property | Average sold price |
---|---|
detached house | £311,043 |
Semi detached house | £211,512 |
Terraced house | £164,901 |
Flat | £108,864 |
A quick insight into Rightmove property Attleborough
In the area of Attleborough, Rightmove records consistent sales of 27 properties each month, generating an average yearly turnover of 1.17. 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.
In Attleborough, what property are people trying to rent on Rightmove?
What is the level of Rightmove affordable housing and social rent in Attleborough?
If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, 8% of individuals in Attleborough 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.
Understanding education levels in the area of Attleborough
When considering Attleborough, its population reaches 55326 individuals. It is useful to note that around 22% of the residents have attained a higher level of education and the average household income in the area is £40,438.30. Renters should take note that if the percentage of degree holders exceeds the regional average of 22.6%, it suggests that your neighbours are likely to be higher earners. While other factors contribute to neighbour quality, observing educational levels remains valuable.
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 are some frequently asked questions?
In the city of Attleborough, what is the median property price?
The mean property value in the UK is £286k but is changing all the time. Meanwhile, in the local area of Attleborough, the average cost of a home available for purchase is £246,819. You can compare these figures to see how far away this city is from the average.
When utilising Rightmove for finding property in Attleborough, are there any charges to consider?
Landlords need to be vigilant about various expenses, including stamp duty rates, capital gains tax, renovation expenditures, and the deductible costs applicable to properties in a personal name. (relevant for UK property)
According to Rightmove data, how prevalent is crime in Attleborough’s vicinity?
In Attleborough, the prevailing crime rate results in 8750% occurrences for every 1000 residents. This contrasts with the nationwide average of 79.52 incidents for every 1000 individuals.
What are the house sales per month in Attleborough?
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 27. 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.
What’s the usual price range for a three-bedroom property on Rightmove in Attleborough?
The average cost to rent a property with three bedrooms is £747. This can be weighed against the average property price trends.
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