Looking for your next home or investment?

We partner with the best agents to help you find your dream house. We also partner with Strike to help you sell your property if you are moving out

Find your dream property:

See properties for sale

Sell your property with Strike:

Get a free valuation

Our customers trust our expertise

An outlook on houses for rent and sale on Rightmove in Babell

by | Jul 6, 2023

Home $ An overview on Rightmove property listings in the UK $ An outlook on houses for rent and sale on Rightmove in Babell

In this overview, we’ll delve into the Rightmove data for Babell, providing insight into Rightmove data and how this data can aid you in a profitable property purchase. Making a decision on where to buy property is an exciting opportunity and a milestone for a lot of people.
Also, knowing that there are 18 properties sold every month in the area should give you an idea of how often properties are selling and what kind of opportunity there is.

We help you find the right agent

At lofti we want to simplify your life and help you buy, sell or rent your property. We have assembled all the agent in Babell to help you find the perfect agent for you

Download the directory

Home listings in Babell on the platform of Rightmove

The greater the number of sales per month in the area of Babell, 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.

Property investment opportunities presented on Rightmove in the city of Babell

Rightmove data can tell you a lot about the average asking rents of the area of Babell. For example, the table below goes over how rents are distributed according to the number of rooms in the property. Also, the national figure for rental yield that is most common is 4.4%. The no relevant data for this city which is the average yield of rent in the area can be compared for reference.
Read on to see what kind of rent you are looking to charge if you bought a property to see what size is best. Bear in mind as you do so that the average amount of rent that is asked for is no relevant data for this city.

Asking rent Bedrooms
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
CH8 1

Exploring Babell’s real estate investment potential on Rightmove

In the area of Babell, Rightmove records consistent sales of 18 properties each month, generating an average yearly turnover of nan. This turnover is just from property sales relative to the properties that there already are and 3% 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 North West by looking at further houses for sale here.

In the area, using Rightmove data, what are most people selling their property for?

In the area of Babell in the UK, the average sold price of a property is around £165,521. 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 £237,927
Semi detached house £126,015
Terraced house £106,805
Flat no relevant data for this city

Babell’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 Babell, there is an average of no relevant data for this city for rental yield.
Babell 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 no relevant data for this city 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.

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

Applying for planning permission in Babell is something landlords tend to do if they want to add some value to their home. As of this month, there were 6 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 80% 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 Babell too, there is a decent amount of opportunity to buy, renovate and make a profit.

Properties to Rent in Babell on Rightmove

What is the Rightmove data regarding social rent and affordable housing in Babell?

If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, 7% of individuals in Babell 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 £39,000.00. Most people in the Uk earn around £34,000 which is convenient for comparison.

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

Analysing the rate of education in Babell from Rightmove

In the city of Babell, the population is 20493. Out of all of these people, it is worth noting the education level. 20% have a degree (a higher level educational degree). Also, the average household income of the area is £39,000.00. 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.

From Rightmove listings, what is the availability of green space in Babell

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 Babell, the current data indicates the presence of 15.9 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.

What are the number of HMOs on Rightmove that are licenced in the area of Babell?

Currently, the number of licensed HMOs stands at 1 that come at an average price to rent of no relevant data for this city. You can also see the difference between the price of a standard HMO room and the average price of a HMO room with an ensuite which is no relevant data for this city.
This should give you an indication if it is worth the difference in price to upgrade to a room with a bathroom in Babell. Understanding where is best to rent in Babell involves considering the average asking price for a House in Multiple Occupation (HMO) and comparing this to normal rents.

Frequently Asked Questions by Rightmove users

What is the average property price in Babell on Rightmove?

In Babell, the mean price for residential properties up for sale is £165,521. The mean price for the average property valuation across the UK is £286,000.

When utilising Rightmove for finding property in Babell, 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 Babell’s vicinity?

The current crime rate in Babell is such that 11700% incidents are recorded for every 1000 residents.

How many monthly property sales does Babell witness according to listing platforms?

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 18. 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.

On Rightmove, how much does a three-bed property typically cost in Babell?

Properties with three bedrooms command an average asking price of no relevant data for this city. This can be juxtaposed with the mean property price of the entire united kingdom which is £286,000. Or, for a more accurate figure, you can compare it to the average price of a three bed property in the UK which is £283,706.

Grab the latest property news, tailored for landlords

Viral, succinct and crucial information, straight to your inbox, every week

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.

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *