Deciding on the right property to purchase in the UK is a big deal. The decision to rent and where to rent is also a huge decision too. This article goes over the Rightmove data related to Battersea and analyses just how good of an area it is to find somewhere to buy or to rent.
By the end of the article, you should be able to make an informed decision and pick from the list of properties to rent or the 32 number of properties that are sold.
On Rightmove and in Battersea, how many HMOs are licenced?
Currently, the number of licensed HMOs stands at nan that come at an average price to rent of £14,102. 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 £1,166.
This should give you an indication if it is worth the difference in price to upgrade to a room with a bathroom in Battersea. Understanding where is best to rent in Battersea involves considering the average asking price for a House in Multiple Occupation (HMO) and comparing this to normal rents.
Will you be moving into somewhere with a lot of green space if you moved to Battersea?
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 Battersea, the current data indicates that there are 13.1 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.
In Battersea, what does the property sales data look like based on Rightmove?
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 Battersea to other regions.
Battersea’s rental yield on Rightmove explained
Rental yield in Battersea is £0 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 Battersea’s yield of £0 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.
Investment analysis of Rightmove property in Battersea
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 32 properties are sold each month), you can work out the turnover too, which is 0.51 in Battersea.
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 12%. Also comparing this data to an area slightly bigger, such as Greater London by visiting our page for this, you can find additional data to help you on your search too.
From Battersea’s Rightmove data, what are the number of planning permission applications?
The city of Battersea, according to Rightmove listings, has a commendable planning success rate of nan and there are around 21 that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Battersea.
What is a commons purchase price for property on Rightmove?
In the area of Battersea in the UK, the average sold price of a property is around £847,996. 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||£1,309,344|
How to invest in property in Battersea using Rightmove data
In the area, average asking rents are around £3,406. 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 Battersea.
|Average asking rent||Number of bedrooms in house|
In Battersea, what property are people trying to rent on Rightmove?
What is the outlook for social rent and affordable housing according to Rightmove in Battersea?
Through some digging, we found the level of social rent in the area. Currently, this figure is 16% as the percentage of people who are leasing directly from the government. In the area of Battersea, the average household income is £54,216.99 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.
Concerning Rightmove, what is the education level like in Battersea?
In the city of Battersea, the population is 157939. Out of all of these people, it is worth noting the education level. 50% have a degree (a higher level educational degree). Also, the average household income of the area is £54,216.99. This is important to understand for renters as if the degree level is above the average of 22.6%, your neighbours will likely be higher earners. This is not always the case and there are still other factors that determine the quality of your neighbours but taking a note of the degree is always useful.
Not everyone wants to buy a house, in the below headings, we go over what is useful to know when renting a property instead. Consider paying letting agents fees if you don’t want to find tenants yourself. Also, once you have researched your area in detail, make sure you have the right AST to sign them with.
What are some frequently asked questions?
What is the average property price in Battersea on Rightmove?
At present, within the confines of Battersea, the mean price for houses listed for sale is £847,996.
Are there any undisclosed expenses associated with property searches on Rightmove within Battersea?
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 Battersea?
The ongoing crime rate in Battersea indicates 17867% instances for every 1000 citizens.
How many monthly property sales does Battersea 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 32. To learn more about houses for sale and why this data is important
What’s the average cost of a three-bedroom property in Battersea as per Rightmove data?
The average cost to rent a property with three bedrooms is £4,633. This can be weighed against the average property price trends.