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What is the property market like in Avery Hill on Rightmove?

by | Jul 6, 2023

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

Deciding on the right property to purchase in the UK is a big deal. The decision to rent and where to rent is also a huge decision too. This article goes over the Rightmove data related to Avery Hill and analyses just how good of an area it is to find somewhere to buy or to rent.
By the end of the article, you should be able to make an informed decision and pick from the list of properties to rent or the 18 number of properties that are sold.

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Properties to Rent in Avery Hill on Rightmove

Avery Hill’s demographics and income insights based on Rightmove data

When considering Avery Hill, its population reaches 92205 individuals. It is useful to note that around 23% of the residents have attained a higher level of education and the average household income in the area is £54,216.99. 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.

In Avery Hill, in terms of affordable housing and social rent, what does Rightmove data show?

Through some digging, we found the level of social rent in the area. Currently, this figure is 5% as the percentage of people who are leasing directly from the government. In the area of Avery Hill, the average household income is £54,216.99 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.

On Rightmove, how are properties listed for sale?

Property investment opportunities presented on Rightmove in Avery Hill

In the area, average asking rents are around £1,539. 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 Avery Hill.

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
DA15 1

From Avery Hill’s Rightmove data, what are the number of planning permission applications?

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 Avery Hill, this number is 17 every month and the success rate for planning permission is nan.
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 Avery Hill, you may be able to do the same and make some money.

The greater the number of sales per month in the area of Avery Hill, 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 the area, using Rightmove data, what are most people selling their property for?

Using Rightmove, there is an average sold price of property that is £419,884 in Avery Hill. 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.

Property category Average price of property
Flat £272,998
Terraced house £392,153
Semi-detached house £500,737
detached house £684,211

A deep dive into rental yield and how this impacts Avery Hill

Rental yield in Avery Hill 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 Avery Hill’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.

Investment analysis of Rightmove property in Avery Hill

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 Greater London. However, you can find data for the wider region here.

Data for Avery Hill Average for the UK
Turnover nan 19%
Property sales per month 18 576,000
Population growth over 10 years 12% 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 Greater London.

In the city of Avery Hill, regarding Rightmove, what would it look like living in a HMO?

When it comes to renting in Avery Hill, it’s important to consider the average asking price for a House in Multiple Occupation (HMO), which is no relevant data for this city. This data is particularly valuable for individuals seeking affordable rental options or like the idea of renting with housemates. If you are looking for more of an expensive property, there are no relevant data for this city HMO properties with an ensuite too. Contrary to what you may believe, not all HMOs have to be cramped with a lack of space. A HMO with an ensuite will mean you won’t have to come out of your room to use the bathroom, making things very convenient.
According to the most recent Rightmove data, there are a total of nan licensed HMOs in Avery Hill, giving you an idea of the variety and options available in the market.

How much green space do properties have in Avery Hill according to Rightmove?

In Avery Hill, the available data reveals that there are 13.1 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.

What questions are asked most frequently?

Discover the mean property value in Avery Hill as reported on Rightmove.

The average property price for the UK currently stands at £286,000. In the local area of Avery Hill, the average price of a house for sale in the area is £419,884

Does exploring properties on Rightmove within Avery Hill come with any fees you may not be aware of?

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.

Based on Rightmove’s information, what’s the level of criminal activity in the Avery Hill area?

The current crime rate in Avery Hill is such that 8050% incidents are recorded for every 1000 residents.

What are the house sales per month in Avery Hill?

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 18 as of recent data.

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

The average price for a property that has three bedrooms is no relevant data for this city. This can be compared to average property prices

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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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