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What is the property market like in Balmore on Rightmove?

by | Jul 6, 2023

Home $ An overview on Rightmove property listings in the UK $ What is the property market like in Balmore on Rightmove?

In this overview, we’ll delve into the Rightmove data for Balmore, 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 no relevant data for this city 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.

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Home listings in Balmore on the platform of Rightmove

In Balmore, what are the number of planning permission applications on Rightmove?

On Rightmove, there are a lot of people who plan to make amendments to their property and 8,000 people every month go through the process. In Balmore, this number is no relevant data for this city every month and the success rate for planning permission is no relevant data for this city.
Rightmove records planning success as a good metric for investors to get a gauge on how familiar people are with renovating their homes. A higher success indicates investors have done improvements before and they are good at renovation. This suggests that if you are looking to buy in Balmore, you may be able to do the same and make some money.

How can property investments be made using Rightmove data?

Rightmove data can tell you a lot about the average asking rents of the area of Balmore. 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
no relevant data for this city 1

What are properties sold for on average on Rightmove?

When exploring the property market in Balmore, UK, there is a lot of information that can be gathered on listing platforms and on Rightmove. The average sold price across all property types is approximately £195,016, this provides valuable insight into market trends.
Refer to the table below for a detailed breakdown of sold prices across different property categories.

Property type Average selling point
detached house £308,472
Semi-detached house £208,009
Terraced house £146,039
Flat £114,722

Exploring Balmore’s real estate investment potential on Rightmove

In the area of Balmore, Rightmove records consistent sales of no relevant data for this city properties each month, generating an average yearly turnover of no relevant data for this city. This turnover is just from property sales relative to the properties that there already are and 4% 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 Scotland by looking at further houses for sale here.

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 Balmore to other regions.

Linking rental yields with Rightmove property listings in Balmore

Balmore averages at no relevant data for this city for rental yield and this should be looked at in comparison with the average for the UK which tends to fluctuate around 4.4%. Having said this, rental yields can drop as low as 1% in the central areas of London and rise to as high as 9% in areas with high rental demand such as Stoke.
Yield, which is no relevant data for this city in Balmore, is worked out by dividing the net rental income of a property by the purchase price.

On Rightmove in Balmore, what properties are available to rent?

What is the outlook for social rent and affordable housing according to Rightmove in Balmore?

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 no relevant data for this city in Balmore. And they have an average household income of no relevant data for this city. 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 to examine income data from Rightmove for Balmore

Within the city of Balmore, the population amounts to 26390 individuals. Among these residents, it is notable that approximately no relevant data for this city hold a higher-level educational degree. Furthermore, the average household income in the area stands at no relevant data for this city. 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.

Looking to rent? Find the most valuable data points for the process of renting below. See our full list of areas in the UK with data from Rightmove if you want to compare these rents to other areas in the UK.

According to Rightmove data in Balmore, is it worth moving into a HMO?

The average asking price for a House in Multiple Occupation (HMO) in Balmore 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 Balmore is no relevant data for this city and there are also no relevant data for this city 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.

By analysing Rightmove in Balmore, is there a lot of green, outdoor space?

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 Balmore, the current data indicates the presence of 41.5 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 questions are asked most frequently?

In the city of Balmore, what is the median property price?

Currently, the average worth of a property in the UK stands at £286,000. Focusing locally on Balmore, the mean selling price for houses in the area is £195,016. 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.

When utilising Rightmove for finding property in Balmore, are there any charges to consider?

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 Balmore area?

The ongoing crime rate in Balmore indicates no relevant data for this city instances for every 1000 citizens.

What are the house sales per month in Balmore?

no relevant data for this city properties are sold in the area every month. A figure you should pay attention to, particularly if you are an investor looking to

According to Rightmove, what’s the mean price of a three-bedroom property in Balmore?

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.

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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.

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