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 Awliscombe 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 14 number of properties that are sold.
Home listings in Awliscombe on the platform of Rightmove
What are properties sold for on average on Rightmove?
By looking at the below table taken from Rightmove data, you can gain great insights into the property market of Awliscombe. With an overall sold price of approximately £259,222, 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|
Looking to buy a house? Rightmove offers a diverse selection of properties for sale. Some of these listings are sold to homeowners and some are sold to investors looking to make a return. Check out more data related to properties for sale in other areas by checking out our list of properties that are for sale throughout the UK if you are interested in comparing Awliscombe to other regions.
A look into Rightmove’s Awliscombe property as an Investment
When weighing up an investment property, take into careful consideration the data provided by Rightmove as if you use them the right way, you can really use them to make informed decisions.
By closely examining the monthly property sales volume in the area and looking at this in relation to the number of homes there are (currently 14 properties are sold each month), you can work out the turnover too, which is nan in Awliscombe.
Even if these figures appear to be positive, it is still worth looking at other factors like the population difference over ten years which is 12%. Also comparing this data to an area slightly bigger, such as South West by visiting our page for this, you can find additional data to help you on your search too.
On Rightmove, how many planning permission applications are there based in Awliscombe?
Applying for planning permission in Awliscombe is something landlords tend to do if they want to add some value to their home. As of this month, there were 17 planning applications out of the 8,000 that roughly occur every month nationally. In order to further understand this figure, compare how large the population of the area is to this figure too.
The planning success rate of these applications is nan and the higher this is and the greater it is above the average success of 82%, the more likely it is that landlords are conducting easy renovations. This may therefore indicate that if you are looking to invest in property yourself in Awliscombe too, there is a decent amount of opportunity to buy, renovate and make a profit.
A closer look at rental yield on Rightmove in Awliscombe
A serious investor will know what yield is and how to work it out. The formula is true for Awliscombe 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 Awliscombe 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.
How Rightmove listings in Awliscombe help you make an investment
Based on Rightmove, there is a lot of data you can gather about Awliscombe and there is a lot that can go towards making the decision to invest. So, the average rental yield of the area is £0. and the average asking rent based on Rightmove data is £883. In general, the higher this figure is for asking rent, the more the mortgage payments will likely be when you buy the property, hence the rental income has to go up in order to pay it off. It is also useful to find out the asking rent property by property. First of all, the average rent for a one bedroom property is EX14, for a two bed is, no relevant data for this city, a three bed is no relevant data for this city. Finally, a four bed average asking price is no relevant data for this city, and a five bed, no relevant data for this city. Comparing these prices should allow you to work out what property to buy based on your budget and the mortgage that fits the average asking rent.
Properties to Rent in Awliscombe on Rightmove
In Awliscombe, here’s what Rightmove data says about social rent and affordable housing
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 Awliscombe, the average household income is £39,730.00 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.
Concerning Rightmove, what is the education level like in Awliscombe?
Within the city of Awliscombe, the population amounts to 20810 individuals. Among these residents, it is notable that approximately 25% hold a higher-level educational degree. Furthermore, the average household income in the area stands at £39,730.00. For renters, it is essential to recognize that if the percentage of degree holders surpasses the regional average of 22.6%, your neighbours are likely to have higher incomes. Although other factors influence neighbour quality, acknowledging educational achievements proves beneficial.
To rent a property, the below subheadings go over everything relevant for those looking to rent out a house.
How many HMOs are licenced in the city of Awliscombe on Rightmove?
In Awliscombe, of the total number of licensed HMOs (nan) 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 Awliscombe is currently no relevant data for this city, usually slightly above what is asked to rent a normal room without an ensuite in a HMO.
From Rightmove listings, what is the availability of green space in Awliscombe
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 Awliscombe, the available data reveals that there are 17.1 acres of green space per thousand residents. For health reasons, there should be 6 acres.
What are some frequently asked questions?
How much does the average property cost in Awliscombe according to Rightmove data?
The average property price for the UK currently stands at £286,000. In the local area of Awliscombe, the average price of a house for sale in the area is £259,222
Does exploring properties on Rightmove within Awliscombe come with any fees you may not be aware of?
It’s essential for landlords to stay alert to an array of costs that you could be subject to as a landlord. These may include, stamp duty rates, costs that may come up due to renovation and also making sure they are aware of the things you can write off as a landlord in a limited company as opposed to your personal name.
Is there a lot of crime in the area of Awliscombe according to Rightmove?
The Awliscombe community presently experiences a crime rate where 4200% 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.
According to online listings, what’s the count of property transactions per month in Awliscombe?
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 14. 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 Awliscombe?
For properties encompassing three bedrooms, the typical asking price hovers around no relevant data for this city. This can be contrasted with the mean property valuations.