21 properties are sold from Rightmove and other listing platforms every single month in the UK. In this article we plan to go over how to buy one of these properties and also how to rent from the platform of Rightmove too.
Ball Haye Green contains a lot of information so read carefully and start to consider how to make sure you are involved in a beneficial property deal, whether you are buying or renting.
According to Rightmove data from Ball Haye Green, what properties are renting?
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 Ball Haye Green from Rightmove
Within the city of Ball Haye Green, the population amounts to 28113 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 £40,400.00. 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.
In Ball Haye Green, in terms of affordable housing and social rent, what does Rightmove data show?
It is well researched and understood that humans like to associate themself with similar people and this is why it’s important to find an area where people are earning a similar amount to you. The percentage of people who are renting from the government is 3% in Ball Haye Green. And they have an average household income of £40,400.00. If you think these numbers are similar to your financial situation or reflect an area you want to live in, then this is a good sign.
How much green space do properties have in Ball Haye Green according to Rightmove?
Green space is highly recommended for everyone’s well-being, but it is often compromised. Urban areas, in particular, tend to have insufficient green space compared to the recommended benchmark of 6 acres per thousand people according to Fields in Trust seen here. In Ball Haye Green, the current data indicates that there are 23.8 acres of green space available per thousand residents. By comparing this figure to the recommended standard of 6, we can assess the adequacy of green space in the area based on Rightmove data.
According to Rightmove data in Ball Haye Green, is it worth moving into a HMO?
The average asking price for a House in Multiple Occupation (HMO) in Ball Haye Green is no relevant data for this city. Understanding this information is essential for anyone interested in saving some money on rent because Houses of Multiple Occupancy tend to be cheaper to rent than any other type of property.
By opting for shared living arrangements within a HMO, you can also get an ensuite in your room too. The average price of a room with an ensuite in a HMO in the city of Ball Haye Green is no relevant data for this city and there are also 3 in the area in total. This number of licenced HMO properties should be looked at in relation to the fact there are 56,000 properties that are licenced in the whole of the UK so you can see how much this area contains.
Properties for sale in Ball Haye Green on Rightmove
In the area, using Rightmove data, what are most people selling their property for?
In the area of Ball Haye Green in the UK, the average sold price of a property is around £171,994. 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|
|Semi detached house||£166,426|
A look into Rightmove’s Ball Haye Green property as an Investment
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 West Midlands. However, you can find data for the wider region here.
|Data for Ball Haye Green||Average for the UK|
|Property sales per month||21||576,000|
|Population growth over 10 years||2%||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 West Midlands.
Linking rental yields with Rightmove property listings in Ball Haye Green
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 Ball Haye Green, there is an average of £0 for rental yield.
Ball Haye Green 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.
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 Ball Haye Green to other regions.
From Ball Haye Green’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 Ball Haye Green, people plan to make modifications to their properties and apply for planning permission with a planning success rate of 84%.
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 9 monthly planning applications in Ball Haye Green, 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.
How to invest in property in Ball Haye Green using Rightmove data
In the area, average asking rents are around £575. 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 Ball Haye Green.
|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|
What questions are asked most frequently?
Uncover the typical property asking price in Ball Haye Green through Rightmove data.
The average property price for the UK currently stands at £286,000. In the local area of Ball Haye Green, the average price of a house for sale in the area is £171,994
In the process of property hunting on Rightmove in Ball Haye Green, do hidden costs come into play?
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.
According to Rightmove data, how prevalent is crime in Ball Haye Green’s vicinity?
In Ball Haye Green, the prevailing crime rate results in 66 occurrences for every 1000 residents. This contrasts with the nationwide average of 79.52 incidents for every 1000 individuals.
What are the house sales per month in Ball Haye Green?
21 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 Ball Haye Green 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.