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 Aythorpe Roding, aiming to guide your investment decisions.
It’s worth noting that currently, 18 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.
In Aythorpe Roding, what does the property sales data look like based on Rightmove?
It is worth noting that the more homes sell on a monthly basis, the more buyers and competition there tend to be. This figure for Aythorpe Roding is talked about below and in the following headings.
How to invest in property in Aythorpe Roding using Rightmove data
In the area, average asking rents are around £1,240. 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 Aythorpe Roding.
|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|
Aythorpe Roding’s rental yield on Rightmove explained
As you may be aware, rental yield is an extremely important metric to judge how effective a property is in terms of producing a return on investment. In the city of Aythorpe Roding, there is an average of £0 for rental yield.
Aythorpe Roding can be compared to the rest of the UK that tends to have an average of around 4.4% yield where the higher the yield the higher the return on the amount of money in the deal. This is because the area’s rental yield of £0 is first worked out by multiplying the monthly rent by twelve to find the annual rent. Then, you take away the associated costs of the property from the annual rental income to find the net rent. This net rent can then be divided by the purchase price and multiplied by 100 to find the rental yield as a percentage.
A quick insight into Rightmove property Aythorpe Roding
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 Aythorpe Roding||Average for the UK|
|Property sales per month||18||576,000|
|Population growth over 10 years||18%||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.
From Aythorpe Roding’s Rightmove data, what are the number of planning permission applications?
In the UK, planning applications result in a success rate of 82% most of the time. In Aythorpe Roding, 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 30 monthly planning applications in Aythorpe Roding, 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.
On average and according to Rightmove data, what do properties sell for?
The average sold price of properties in Aythorpe Roding, UK, available on Rightmove is £420,509. 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|
According to Rightmove data in Aythorpe Roding, is it worth moving into 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 Aythorpe Roding.
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 Aythorpe Roding, 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 no relevant data for this city.
From Rightmove listings, what is the availability of green space in Aythorpe Roding
In Aythorpe Roding, the available data reveals that there are 27.0 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.
In Aythorpe Roding, what property are people trying to rent on Rightmove?
Aythorpe Roding’s demographics and income insights based on Rightmove data
When considering Aythorpe Roding, its population reaches 24925 individuals. It is useful to note that around 26% of the residents have attained a higher level of education and the average household income in the area is £45,160.56. 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.
What is the outlook for social rent and affordable housing according to Rightmove in Aythorpe Roding?
Not everyone is inclined to purchase a house and in fact, some people are actually struggling with renting to the extent that they have to rent from the government. According to data scraped from Rightmove and listing portals that are popular in the UK, 8% of individuals in Aythorpe Roding rely on government rent and the average household income in the district is £45,160.56.
Always visit an area too to find out what the area is truly like and compare these figures to the national averages of 22.6% (on social rent) and £34,000 (in household earnings per year). Most people prefer to live amongst people where their incomes are similar.
If you are a tenant, perhaps move in as a lodger in an excluded tenancy agreement instead of as an assured tenant. While you have fewer rights, a tenancy may be easier to secure.
If you are looking to rent a property, consider the data below that will help you decide on renting your next premises.
Frequently Asked Questions by Rightmove users
How much does the average property cost in Aythorpe Roding according to Rightmove data?
Currently, the average worth of a property in the UK stands at £286,000. Focusing locally on Aythorpe Roding, the mean selling price for houses in the area is £420,509. You can look at these two numbers and see if the price in the area is higher or lower than what is the average figure for the rest of the UK.
In the process of property hunting on Rightmove in Aythorpe Roding, do hidden costs come into play?
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.
Does Rightmove data indicate a high occurrence of crime in the vicinity of Aythorpe Roding?
The ongoing crime rate in Aythorpe Roding indicates 8200% instances for every 1000 citizens.
In Aythorpe Roding, how many sales per month are there according to listing portals?
18 properties are sold in the area every month. A figure you should pay attention to, particularly if you are an investor looking to
What’s the average cost of a three-bedroom property in Aythorpe Roding 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.