In this overview, we’ll delve into the Rightmove data for Barton Bendish, 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 9 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.
On Rightmove in Barton Bendish, what properties are available to rent?
What is the outlook for social rent and affordable housing according to Rightmove in Barton Bendish?
Through some digging, we found the level of social rent in the area. Currently, this figure is 7% as the percentage of people who are leasing directly from the government. In the area of Barton Bendish, the average household income is £40,438.30 too. This is another figure to reference and compare to the £34,000 average national salary to see who is in financial hardship. You may wonder why it is necessary to have this information and the answer is because it’s important you live in an area that suits your income as life is generally more enjoyable when you pick somewhere to live amongst others in a similar situation.
To rent a property, the below subheadings go over everything relevant for those looking to rent out a house.
Analysing the rate of education in Barton Bendish from Rightmove
When considering Barton Bendish, its population reaches 15804 individuals. It is useful to note that around 22% of the residents have attained a higher level of education and the average household income in the area is £40,438.30. Renters should take note that if the percentage of degree holders exceeds the regional average of 22.6%, it suggests that your neighbours are likely to be higher earners. While other factors contribute to neighbour quality, observing educational levels remains valuable.
How much outdoor space is there in Barton Bendish?
In Barton Bendish, the available data reveals that there are 19.4 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 Barton Bendish on Rightmove?
When it comes to renting in Barton Bendish, it’s important to consider the average asking price for a House in Multiple Occupation (HMO), which is no relevant data for this city. This data is particularly valuable for individuals seeking affordable rental options or like the idea of renting with housemates. If you are looking for more of an expensive property, there are no relevant data for this city HMO properties with an ensuite too. Contrary to what you may believe, not all HMOs have to be cramped with a lack of space. A HMO with an ensuite will mean you won’t have to come out of your room to use the bathroom, making things very convenient.
According to the most recent Rightmove data, there are a total of nan licensed HMOs in Barton Bendish, giving you an idea of the variety and options available in the market.
On Rightmove, how are properties listed for sale?
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 Barton Bendish to other regions.
What are properties sold for on average on Rightmove?
When exploring the property market in Barton Bendish, 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 £247,846, this provides valuable insight into market trends.
Refer to the table below for a detailed breakdown of sold prices across different property categories.
|Average selling point
|no relevant data for this city
A closer look at rental yield on Rightmove in Barton Bendish
A serious investor will know what yield is and how to work it out. The formula is true for Barton Bendish 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 Barton Bendish 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.
An overview of Barton Bendish property in Rightmove from an investment perspective
In the area of Barton Bendish, Rightmove records consistent sales of 9 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 East of England by looking at further houses for sale here.
From Barton Bendish’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 Barton Bendish, people plan to make modifications to their properties and apply for planning permission with a planning success rate of 91%.
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 8 monthly planning applications in Barton Bendish, 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.
Property investment opportunities presented on Rightmove in Barton Bendish
Based on Rightmove, there is a lot of data you can gather about Barton Bendish and there is a lot that can go towards making the decision to invest. So, the average rental yield of the area is £0. and the average asking rent based on Rightmove data is £1,047. In general, the higher this figure is for asking rent, the more the mortgage payments will likely be when you buy the property, hence the rental income has to go up in order to pay it off. It is also useful to find out the asking rent property by property. First of all, the average rent for a one bedroom property is PE33, for a two bed is, no relevant data for this city, a three bed is no relevant data for this city. Finally, a four bed average asking price is no relevant data for this city, and a five bed, no relevant data for this city. Comparing these prices should allow you to work out what property to buy based on your budget and the mortgage that fits the average asking rent.
What is the average property price in Barton Bendish on Rightmove?
The mean property value in the UK is £286k but is changing all the time. Meanwhile, in the local area of Barton Bendish, the average cost of a home available for purchase is £247,846. You can compare these figures to see how far away this city is from the average.
Does exploring properties on Rightmove within Barton Bendish come with any fees you may not be aware of?
Landlords should remain attentive to several financial considerations. These may include but are not limited to the costs of running the property, the rate of stamp duty and renovation costs.
Based on Rightmove’s information, what’s the level of criminal activity in the Barton Bendish area?
The Barton Bendish community presently experiences a crime rate where 3900% infractions are documented for every 1000 inhabitants. A reference point is the national average of 79.52 incidents for every 1000 individuals. So, if the crime rate in the area is above this figure, there is more crime than usual. If it is below this figure then there is less crime than usual.
What’s the frequency of property sales per month in Barton Bendish as reported by listing portals?
To interpret the insights drawn by listing portals like Rightmove, begin by recognizing that the ongoing rate of houses sold per month is counted at 9 as of recent data.
On Rightmove, how much does a three-bed property typically cost in Barton Bendish?
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.