In this overview, we’ll delve into the Rightmove data for Beckingham, 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.
In Beckingham, what does the property sales data look like based on Rightmove?
A city such as Beckingham has a fair amount of houses for sale on Rightmove. In the following headings, we go over all the relevant data related to Rightmove so you can begin the process of buying a house. Figuring out the best type of property to buy is a difficult process so it is useful to see all the relevant information condensed in one place.
A deep dive into rental yield and how this impacts Beckingham
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 Beckingham is no relevant data for this city.
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 no relevant data for this city for comparison.
Usually, when looking to invest in Beckingham, landlords look for a mix of appreciation and high yields but the gains from capital appreciation aren’t realised until the property is sold.
On average and according to Rightmove data, what do properties sell for?
In the area of Beckingham in the UK, the average sold price of a property is around £243,449. 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||£163,188|
In Beckingham, analysing Rightmove, what are the number of planning permission applications?
Applying for planning permission in Beckingham is something landlords tend to do if they want to add some value to their home. As of this month, there were 8 planning applications out of the 8,000 that roughly occur every month nationally. In order to further understand this figure, compare how large the population of the area is to this figure too.
The planning success rate of these applications is nan and the higher this is and the greater it is above the average success of 82%, the more likely it is that landlords are conducting easy renovations. This may therefore indicate that if you are looking to invest in property yourself in Beckingham too, there is a decent amount of opportunity to buy, renovate and make a profit.
How can property investments be made using Rightmove data?
There is a fair amount of insight that you can gather from the city of Beckingham by looking at Rightmove data. You can use all of this data in order to invest properly armed with the right information. To begin, let’s have a look at the most important data that someone looks for when evaluating an investment in the area, no relevant data for this city is the average rental yield and the average asking rent is no relevant data for this city.
The average for these figures are 4.4% and £1,143 respectively. You can make an investment work in any area and there is even less you won’t have to worry about these figures if you are buying to live in this home. So, look at the below figures with an element of reason and be prepared to make changes to the rent using a
section 13 rent increase as a landlord if there are changes in the economy and the cost to run a property goes up.
|Number of bedrooms||Average asking rent|
|2||no relevant data for this city|
|3||no relevant data for this city|
|4||no relevant data for this city|
|5||no relevant data for this city|
Investment analysis of Rightmove property in Beckingham
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 East Midlands. However, you can find data for the wider region here.
|Data for Beckingham||Average for the UK|
|Property sales per month||9||576,000|
|Population growth over 10 years||5%||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 East Midlands.
Will you be moving into somewhere with a lot of green space if you moved to Beckingham?
In Beckingham, the available data reveals that there are 22.6 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.
In the city of Beckingham, regarding Rightmove, what would it look like living in 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 Beckingham.
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 Beckingham, 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.
Properties to Rent in Beckingham on Rightmove
What is the Rightmove data regarding social rent and affordable housing in Beckingham?
It is well researched and understood that humans like to associate themself with similar people and this is why it’s important to find an area where people are earning a similar amount to you. The percentage of people who are renting from the government is 5% in Beckingham. And they have an average household income of £40,508.70. If you think these numbers are similar to your financial situation or reflect an area you want to live in, then this is a good sign.
If you are looking to rent a property, consider the data below that will help you decide on renting your next premises.
Concerning Rightmove, what is the education level like in Beckingham?
In the city of Beckingham, the population is 12313. Out of all of these people, it is worth noting the education level. 26% have a degree (a higher level educational degree). Also, the average household income of the area is £40,508.70. 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.
Discover the mean property value in Beckingham as reported on Rightmove.
Currently, the average worth of a property in the UK stands at £286,000. Focusing locally on Beckingham, the mean selling price for houses in the area is £243,449. You can look at these two numbers and see if the price in the area is higher or lower than what is the average figure for the rest of the UK.
In the process of property hunting on Rightmove in Beckingham, do hidden costs come into play?
Landlords need to be vigilant about various expenses, including stamp duty rates, capital gains tax, renovation expenditures, and the deductible costs applicable to properties in a personal name. (relevant for UK property)
Does Rightmove data indicate a high occurrence of crime in the vicinity of Beckingham?
In Beckingham, the prevailing crime rate results in 7000% occurrences for every 1000 residents. This contrasts with the nationwide average of 79.52 incidents for every 1000 individuals.
In Beckingham, how many sales per month are there according to listing portals?
To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, consider that 9 properties are being sold every month.
What’s the average cost of a three-bedroom property in Beckingham as per Rightmove data?
The average price for a property that has three bedrooms is no relevant data for this city. This can be compared to average property prices