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What kind of listings are on the platform Rightmove in Bearpark?

by | Jul 6, 2023

Home $ An overview on Rightmove property listings in the UK $ What kind of listings are on the platform Rightmove in Bearpark?

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 Bearpark so you can make the best decisions and make money on your property purchases. Getting involved in one of the 27 property deals that come off the market each month.

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Properties to Rent in Bearpark on Rightmove

Bearpark’s demographics and income insights based on Rightmove data

Within the city of Bearpark, the population amounts to 41017 individuals. Among these residents, it is notable that approximately 29% hold a higher-level educational degree. Furthermore, the average household income in the area stands at £35,475.00. 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.

In Bearpark, here’s what Rightmove data says about social rent and affordable housing

If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, 7% of individuals in Bearpark 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 £35,475.00. Most people in the Uk earn around £34,000 which is convenient for comparison.

If you are looking to rent a property, consider the data below that will help you decide on renting your next premises.

Will you be moving into somewhere with a lot of green space if you moved to Bearpark?

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 Bearpark, the current data indicates the presence of 21.2 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.

In the city of Bearpark, regarding Rightmove, what would it look like living in a HMO?

In Bearpark, of the total number of licensed HMOs (nan) that are legally registered as a House of Multiple Occupancy, the average asking rent is no relevant data for this city. If you are trying to find a cheap way to rent but also don’t want to share the entire property with other renters, you also have the option to rent a room with a bathroom attached. These are known as ensuites and the cost to rent one in Bearpark is currently £458, usually slightly above what is asked to rent a normal room without an ensuite in a HMO.

Properties for sale in Bearpark on Rightmove

A deep dive into rental yield and how this impacts Bearpark

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 Bearpark 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 Bearpark, landlords look for a mix of appreciation and high yields but the gains from capital appreciation aren’t realised until the property is sold.

Average sold prices of properties on Rightmove

When exploring the property market in Bearpark, 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 £124,924, this provides valuable insight into market trends.
Refer to the table below for a detailed breakdown of sold prices across different property categories.

Property type Average selling point
detached house £221,463
Semi-detached house £106,166
Terraced house £86,617
Flat £82,342

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

In the UK, planning applications result in a success rate of 82% most of the time. In Bearpark, people plan to make modifications to their properties and apply for planning permission with a planning success rate of nan.

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 12 monthly planning applications in Bearpark, 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.

A quick insight into Rightmove property Bearpark

In the area of Bearpark, Rightmove records consistent sales of 27 properties each month, generating an average yearly turnover of 0.72. This turnover is just from property sales relative to the properties that there already are and 4% 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 North East by looking at further houses for sale here.

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 Bearpark to other regions.

Property investment opportunities presented on Rightmove in Bearpark

In Bearpark, the average asking rent in the area is £578 and there is a table below that goes over the asking rent for every type of property there is. Also, in Bearpark, the average yield of properties is £0. 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 £631
3 £583
2 no relevant data for this city
1 DH7

What questions are asked most frequently?

What is the average property price in Bearpark on Rightmove?

In Bearpark, the mean price for residential properties up for sale is £124,924. The mean price for the average property valuation across the UK is £286,000.

On Rightmove, are there any hidden costs when searching for property in the city of Bearpark?

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.

Is there a lot of crime in the area of Bearpark according to Rightmove?

The current crime rate in Bearpark is such that 10300% incidents are recorded for every 1000 residents.

According to online listings, what’s the count of property transactions per month in Bearpark?

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 27 as of recent data.

According to Rightmove, what’s the mean price of a three-bedroom property in Bearpark?

The average price for a property that has three bedrooms is £583. 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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