In the UK, there is a lot that goes into deciding on the right place to buy. The decision gets even more complex if you are buying for an investment as you will have to think a bit more logically rather than thinking emotionally when buying a property. In this article, we go over what the Rightmove data looks like for the city of Battersby so you can make the best decisions and make money on your property purchases. Getting involved in one of the 10 property deals that come off the market each month.
Properties to Rent in Battersby on Rightmove
What is the outlook for social rent and affordable housing according to Rightmove in Battersby?
If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, 6% of individuals in Battersby 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 £41,107.55. Most people in the Uk earn around £34,000 which is convenient for comparison.
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.
Understanding education levels in the area of Battersby
Within the city of Battersby, the population amounts to 12832 individuals. Among these residents, it is notable that approximately 39% hold a higher-level educational degree. Furthermore, the average household income in the area stands at £41,107.55. 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.
How much outdoor space is there in Battersby?
In Battersby, the available data reveals that there are 19.8 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.
According to Rightmove data in Battersby, is it worth moving into a HMO?
Prospective tenants should be aware of the average asking price for a House in Multiple Occupation (HMO), which currently stands at no relevant data for this city.
Tenants should also consider how significant, if at all, the saving in rent is when comparing the price to rent in a normal house you do not have to share in Battersby.
Renting an HMO can provide a more affordable alternative to traditional rental arrangements and for context, there are a predicted 13,500 licenced HMOs in London. In Battersby, there are 1 for comparison so you are able to tell how abundant this type of property is.
Do not think that all HMOs have to be small rooms with a lack of space either, you also have the option to rent out a HMO with an ensuite. The average rents for this type of room stands at no relevant data for this city.
Properties for sale in Battersby on Rightmove
In terms of the number of planning permission applications on Rightmove, what should there be in Battersby?
The city of Battersby, according to Rightmove listings, has a commendable planning success rate of 90% and there are around 10 that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Battersby.
A look into Rightmove’s Battersby property as an Investment
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 10 properties are sold each month), you can work out the turnover too, which is nan in Battersby.
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 3%. Also comparing this data to an area slightly bigger, such as North East by visiting our page for this, you can find additional data to help you on your search too.
How to invest in property in Battersby using Rightmove data
Based on Rightmove, there is a lot of data you can gather about Battersby and there is a lot that can go towards making the decision to invest. So, the average rental yield of the area is no relevant data for this city. and the average asking rent based on Rightmove data is no relevant data for this city. 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 TS9, 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.
In the area, using Rightmove data, what are most people selling their property for?
Using Rightmove, there is an average sold price of property that is £251,586 in Battersby. The average sold price provides a benchmark for understanding property values in the area and you may want to look at a more detailed overview of individual types of property below.
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A closer look at rental yield on Rightmove in Battersby
Battersby 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 Battersby, is worked out by dividing the net rental income of a property by the purchase price.
Every month, properties are sold on the platform of Rightmove in Battersby and you can explore the topics below related to sales that give you an overview of the market.
What questions are asked most frequently?
Discover the mean property value in Battersby as reported on Rightmove.
The average property price for the UK currently stands at £286,000. In the local area of Battersby, the average price of a house for sale in the area is £251,586
When utilising Rightmove for finding property in Battersby, are there any charges to consider?
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.
Does Rightmove data indicate a high occurrence of crime in the vicinity of Battersby?
The ongoing crime rate in Battersby indicates 6600% instances for every 1000 citizens.
How many monthly property sales does Battersby witness according to listing platforms?
To comprehend the insights extracted from listing portals like Rightmove begin by acknowledging that the ongoing frequency of houses sold each month equates to 10. To learn more about houses for sale and why this data is important
What’s the usual price range for a three-bedroom property on Rightmove in Battersby?
The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.