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 Badbury, aiming to guide your investment decisions.
It’s worth noting that currently, 25 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.
On Rightmove in Badbury, what properties are available to rent?
Not everyone wants to buy a house, in the below headings, we go over what is useful to know when renting a property instead. Consider paying letting agents fees if you don’t want to find tenants yourself. Also, once you have researched your area in detail, make sure you have the right AST to sign them with.
Analysing the rate of education in Badbury from Rightmove
In the city of Badbury, the population stands at 27358 individuals. Among this population, it is noteworthy to consider the educational levels. Approximately 24% of the residents hold a higher-level educational degree.
Additionally, the average household income in the area amounts to £46,200.00. This information is significant for renters, as a higher percentage of degree holders compared to the regional average of 22.6% suggests that your neighbours are likely to be higher earners. While other factors influence neighbour quality too, considering the education level remains beneficial as you’d likely want to be around people you are similar to.
What is the level of Rightmove affordable housing and social rent in Badbury?
If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, 9% of individuals in Badbury 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 £46,200.00. Most people in the Uk earn around £34,000 which is convenient for comparison.
By analysing Rightmove in Badbury, is there a lot of green, outdoor space?
In Badbury, the available data reveals that there are 24.1 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.
How many HMOs are licenced in the city of Badbury on Rightmove?
Currently, the number of licensed HMOs stands at nan 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 Badbury. Understanding where is best to rent in Badbury involves considering the average asking price for a House in Multiple Occupation (HMO) and comparing this to normal rents.
On Rightmove, how are properties listed for sale?
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 Badbury is talked about below and in the following headings.
In terms of the number of planning permission applications on Rightmove, what should there be in Badbury?
In the UK, planning applications result in a success rate of 82% most of the time. In Badbury, 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 17 monthly planning applications in Badbury, 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.
An overview of Badbury property in Rightmove from an investment perspective
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 25 properties are sold each month), you can work out the turnover too, which is nan in Badbury.
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 7%. 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.
In the area, using Rightmove data, what are most people selling their property for?
By looking at the below table taken from Rightmove data, you can gain great insights into the property market of Badbury. With an overall sold price of approximately £285,370, 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|
A closer look at rental yield on Rightmove in Badbury
A serious investor will know what yield is and how to work it out. The formula is true for Badbury 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 Badbury 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 to invest in property in Badbury using Rightmove data
In Badbury, the average asking rent in the area is £1,000 and there is a table below that goes over the asking rent for every type of property there is. Also, in Badbury, the average yield of properties is £0. A figure that can be used as a metric to gauge how profitable an investment is and compared to the national average of 4.4%.
See the table for a more extensive breakdown of how average asking rent is distributed.
|Number of bedrooms||Average asking rent|
|5||no relevant data for this city|
|4||no relevant data for this city|
|3||no relevant data for this city|
|2||no relevant data for this city|
Frequently asked Questions
In the city of Badbury, what is the median property price?
At present, within the confines of Badbury, the mean price for houses listed for sale is £285,370.
In the process of property hunting on Rightmove in Badbury, do hidden costs come into play?
Vigilance is key for landlords, encompassing factors like the stamp duty rate, renovation expenses, and the potential deductible costs based on whether the property is incorporated as a limited company or under your personal name.
Based on Rightmove’s information, what’s the level of criminal activity in the Badbury area?
The ongoing crime rate in Badbury indicates 6000% instances for every 1000 citizens.
How many monthly property sales does Badbury 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 25. 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.
According to Rightmove, what’s the mean price of a three-bedroom property in Badbury?
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.