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A guide on Rightmove property in Bank End

by | Jul 6, 2023

Home $ An overview on Rightmove property listings in the UK $ A guide on Rightmove property in Bank End

In this overview, we’ll delve into the Rightmove data for Bank End, 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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By analysing Rightmove in Bank End, 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 Bank End, the current data indicates the presence of 25.8 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.

How many HMOs are licenced in the city of Bank End on Rightmove?

Currently, the number of licensed HMOs stands at no relevant data for this city 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 Bank End. Understanding where is best to rent in Bank End involves considering the average asking price for a House in Multiple Occupation (HMO) and comparing this to normal rents.

Properties to Rent in Bank End on Rightmove

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

If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, no relevant data for this city of individuals in Bank End 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 £39,483.72. Most people in the Uk earn around £34,000 which is convenient for comparison.

Sometimes, buying isn’t suitable for everyone. Fortunately, renting is also an option and there is a lot of data that can be gathered from Rightmove for this too.

Concerning Rightmove, what is the education level like in Bank End?

In the city of Bank End, the population stands at 1229 individuals. Among this population, it is noteworthy to consider the educational levels. Approximately 41% of the residents hold a higher-level educational degree.
Additionally, the average household income in the area amounts to £39,483.72. 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.

A list of properties for Sale in Bank End on Rightmove

Property investment opportunities presented on Rightmove in Bank End

In Bank End, the average asking rent in the area is no relevant data for this city and there is a table below that goes over the asking rent for every type of property there is. Also, in Bank End, the average yield of properties is no relevant data for this city. 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
1 no relevant data for this city

A deep dive into rental yield and how this impacts Bank End

Rental yield in Bank End is no relevant data for this city as of 2023. However, this is not to say that there are not higher yields out there. When the economy was favourable for property in 2018. Yields were as high as 11% in places like Sheffield in some cases. However, an average, yet respectable figure you can expect from a property in the UK is around 4.4% so you can compare Bank End’s yield of no relevant data for this city to see if you are above or below.
It is useful to note that even though a property may have a below average rental yield, it can still benefit from capital appreciation over time and this profit can be taken when the property is sold.

In terms of the number of planning permission applications on Rightmove, what should there be in Bank End?

82 out of every 100 applications for planning permission in the UK results in a success according to recent data. When it comes to Bank End, the people who own homes in this area have a rate of planning success of no relevant data for this city. Individuals usually seek to modify their properties and apply for planning permission whenever they are trying to increase the value of a home.
This means investors should take note of this data in Bank End. An above-average success rate indicates that property renovations have been proven to work and are repeatable or it could mean that a lot of the properties in the area are very simple in design. This presents an opportunity for investors to assess successful strategies in the area and adopt similar approaches and of the no relevant data for this city that take place each month, this is likely the case a lot of the time.

An overview of Bank End property in Rightmove from an investment perspective

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 North West. However, you can find data for the wider region here.

Data for Bank End Average for the UK
Turnover no relevant data for this city 19%
Property sales per month no relevant data for this city 576,000
Population growth over 10 years 0% 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 North West.

What are properties sold for on average on Rightmove?

The average sold price of properties in Bank End, UK, available on Rightmove is £294,549. 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
Flat no relevant data for this city
Terraced house £197,262
Semi-detached house no relevant data for this city
detached house £396,479

A city such as Bank End has a fair amount of houses for sale on Rightmove. In the following headings, we go over all the relevant data related to Rightmove so you can begin the process of buying a house. Figuring out the best type of property to buy is a difficult process so it is useful to see all the relevant information condensed in one place.

What questions are asked most frequently?

Discover the mean property value in Bank End as reported on Rightmove.

The average property price for the UK currently stands at £286,000. In the local area of Bank End, the average price of a house for sale in the area is £294,549

In the process of property hunting on Rightmove in Bank End, do hidden costs come into play?

Costs that landlords should look out for include the rate of stamp duty, costs of renovation and also what the landlord deductible expenses are in a property based on if the property is a limited company or listed in your personal name.

Does Rightmove data indicate a high occurrence of crime in the vicinity of Bank End?

In Bank End, the prevailing crime rate results in 4100% occurrences for every 1000 residents. This contrasts with the nationwide average of 79.52 incidents for every 1000 individuals.

What’s the frequency of property sales per month in Bank End as reported by listing portals?

To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, consider that no relevant data for this city properties are being sold every month.

What’s the usual price range for a three-bedroom property on Rightmove in Bank End?

The average price for a property that has three bedrooms is no relevant data for this city. This can be compared to average property prices

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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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