In this overview, we’ll delve into the Rightmove data for Begbroke, 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 20 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.
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On Rightmove and in Begbroke, how many HMOs are licenced?
The average asking price for a House in Multiple Occupation (HMO) in Begbroke is no relevant data for this city. Understanding this information is essential for anyone interested in saving some money on rent because Houses of Multiple Occupancy tend to be cheaper to rent than any other type of property.
By opting for shared living arrangements within a HMO, you can also get an ensuite in your room too. The average price of a room with an ensuite in a HMO in the city of Begbroke is £653 and there are also nan in the area in total. This number of licenced HMO properties should be looked at in relation to the fact there are 56,000 properties that are licenced in the whole of the UK so you can see how much this area contains.
From Rightmove listings, what is the availability of green space in Begbroke
In Begbroke, the available data reveals that there are 21.6 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.
Properties to Rent in Begbroke on Rightmove
Understanding education levels in the area of Begbroke
When considering Begbroke, its population reaches 23256 individuals. It is useful to note that around 32% of the residents have attained a higher level of education and the average household income in the area is £55,083.33. 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.
Sometimes, buying isn’t suitable for everyone. Fortunately, renting is also an option and there is a lot of data that can be gathered from Rightmove for this too.
What is the outlook for social rent and affordable housing according to Rightmove in Begbroke?
Through some digging, we found the level of social rent in the area. Currently, this figure is 8% as the percentage of people who are leasing directly from the government. In the area of Begbroke, the average household income is £55,083.33 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.
Properties for sale in Begbroke on Rightmove
A closer look at rental yield on Rightmove in Begbroke
Begbroke averages at £0 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 £0 in Begbroke, is worked out by dividing the net rental income of a property by the purchase price.
On Rightmove, how many planning permission applications are there based in Begbroke?
In the UK, planning applications result in a success rate of 82% most of the time. In Begbroke, 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 14 monthly planning applications in Begbroke, 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.
How can property investments be made using Rightmove data?
In Begbroke, the average asking rent in the area is £1,416 and there is a table below that goes over the asking rent for every type of property there is. Also, in Begbroke, 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 | no relevant data for this city |
3 | no relevant data for this city |
2 | no relevant data for this city |
1 | OX5 |
What are properties sold for on average on Rightmove?
In the area of Begbroke in the UK, the average sold price of a property is around £373,768. 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 |
---|---|
detached house | £511,126 |
Semi detached house | £360,402 |
Terraced house | £302,513 |
Flat | £204,428 |
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 Begbroke is talked about below and in the following headings.
Exploring Begbroke’s real estate investment potential on Rightmove
As you delve into the property landscape of Begbroke in the region of South East, Rightmove becomes an invaluable resource that provides data that can be looked at every month.
Some standard data that should be examined when trying to understand an area include the number of sales there are every month in the area, which falls at 20. Look at this in accordance with the population of the area, larger populations obviously will generally have more sales as there are more people living there and likely to sell their property. So, look at this as a factor and also check out this link to compare data for other cities in the area.
So, you can look at turnover which looks at property sales every year in relation to the number of houses that exist in the area anyway. Currently turnover is 0.95. Every decade population change should also be considered. This figure stands at 7% and positive changes generally show there is a growing population no matter if you are talking about a city or a wider region like South East.
What are some frequently asked questions?
How much does the average property cost in Begbroke according to Rightmove data?
The average property price for the UK currently stands at £286,000. In the local area of Begbroke, the average price of a house for sale in the area is £373,768
On Rightmove, are there any hidden costs when searching for property in the city of Begbroke?
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 substantial criminal activity in the area around Begbroke as indicated by Rightmove?
The current crime rate in Begbroke is such that 6300% incidents are recorded for every 1000 residents.
What’s the frequency of property sales per month in Begbroke as reported by listing portals?
To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, consider that 20 properties are being sold every month.
On Rightmove, how much does a three-bed property typically cost in Begbroke?
The average cost to rent a property with three bedrooms is no relevant data for this city. This can be weighed against the average property price trends.
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