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 Beamhurst 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 21 number of properties that are sold.
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Properties to Rent in Beamhurst on Rightmove
In Beamhurst, in terms of affordable housing and social rent, what does Rightmove data show?
If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, 4% of individuals in Beamhurst 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 £40,400.00. Most people in the Uk earn around £34,000 which is convenient for comparison.
Beamhurst’s demographics and income insights based on Rightmove data
When considering Beamhurst, its population reaches 20789 individuals. It is useful to note that around 24% of the residents have attained a higher level of education and the average household income in the area is £40,400.00. 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.
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.
By analysing Rightmove in Beamhurst, is there a lot of green, outdoor space?
In Beamhurst, the available data reveals that there are 23.8 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.
How many HMOs are licenced in the city of Beamhurst on Rightmove?
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 Beamhurst.
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 Beamhurst, there are nan 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.
In Beamhurst, what does the property sales data look like based on Rightmove?
From Beamhurst’s Rightmove data, what are the number of planning permission applications?
82 out of every 100 applications for planning permission in the UK results in a success according to recent data. When it comes to Beamhurst, the people who own homes in this area have a rate of planning success of nan. 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 Beamhurst. 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 11 that take place each month, this is likely the case a lot of the time.
Average sold prices of properties on Rightmove
Using Rightmove, there is an average sold price of property that is £212,709 in Beamhurst. 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.
| Property category | Average price of property |
|---|---|
| Flat | £112,583 |
| Terraced house | £145,889 |
| Semi-detached house | £179,720 |
| detached house | £308,970 |
Linking rental yields with Rightmove property listings in Beamhurst
Rental yield is simply the annual amount of rent that is made from a property after expenses calculated as a percentage. As of 2023, the yield of Beamhurst is £0.
It is a wise idea to compare this figure to the rest of the UK. Areas with extremely high yields can get as high as 10% but on the low end where property is very expensive such as in Chelsea, London, yields can be as low as 1%. So use the figure of £0 for comparison.
Usually, when looking to invest in Beamhurst, landlords look for a mix of appreciation and high yields but the gains from capital appreciation aren’t realised until the property is sold.
A quick insight into Rightmove property Beamhurst
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 West Midlands. However, you can find data for the wider region here.
| Data for Beamhurst | Average for the UK | |
|---|---|---|
| Turnover | nan | 19% |
| Property sales per month | 21 | 576,000 |
| Population growth over 10 years | 7% | 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 West Midlands.
How Rightmove listings in Beamhurst help you make an investment
Rightmove data can tell you a lot about the average asking rents of the area of Beamhurst. 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 £0 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 £746.
| 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 |
| ST14 | 1 |
It is worth noting that the more homes sell on a monthly basis, the more buyers and competition there tend to be. This figure for Beamhurst is talked about below and in the following headings.
FAQ
Discover the mean property value in Beamhurst as reported on Rightmove.
At present, within the confines of Beamhurst, the mean price for houses listed for sale is £212,709.
When utilising Rightmove for finding property in Beamhurst, are there any charges to consider?
It’s essential for landlords to stay alert to an array of costs that you could be subject to as a landlord. These may include, stamp duty rates, costs that may come up due to renovation and also making sure they are aware of the things you can write off as a landlord in a limited company as opposed to your personal name.
Based on Rightmove’s information, what’s the level of criminal activity in the Beamhurst area?
The current crime rate in Beamhurst is such that 60 incidents are recorded for every 1000 residents.
What’s the frequency of property sales per month in Beamhurst 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 21 as of recent data.
On Rightmove, what is the average price of a three-bed property in Beamhurst?
Properties with three bedrooms command an average asking price of no relevant data for this city. This can be juxtaposed with the mean property price of the entire united kingdom which is £286,000. Or, for a more accurate figure, you can compare it to the average price of a three bed property in the UK which is £283,706.
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