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What is the property market like in Bell Bar on Rightmove?

by | Jul 6, 2023

Home $ An overview on Rightmove property listings in the UK $ What is the property market like in Bell Bar on Rightmove?

In this overview, we’ll delve into the Rightmove data for Bell Bar, 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 7 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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Properties to Rent in Bell Bar on Rightmove

How to examine income data from Rightmove for Bell Bar

If you are renting or looking to rent, it is good practice to recognise if in the area you are searching, the people have higher incomes. The average household income in this area is £50,545.24 and this figure on a nationwide level has an average of £34,000. It is important to understand this because you want to be in a location that suits your taste and budget.
Bell Bar’s demographics also reveal a population of 10636 individuals and a percentage of people with degrees falling at 30%. Keep this in mind too and compare it to the average percentage of degrees in the UK which is 22.6%. You don’t necessarily want to be around people you aren’t like or have nothing in common with.

To rent a property, the below subheadings go over everything relevant for those looking to rent out a house.

What is the outlook for social rent and affordable housing according to Rightmove in Bell Bar?

There is often a negative stigma attached to affordable housing and social rent. If you are looking for Rightmove data concerning this, the percentage of people renting from the government is: 7%. Also, in Bell Bar, the average amount that people earn per household is £50,545.24. These are not standalone figures so it is important to compare this data to other factors such as the crime rate and also visit an area in person to truly see what it is like. Take these figures with a pinch of salt as there are areas that are unsafe in the UK where people earn a higher wage such as some areas in Central London. On the other hand, there are places with high amounts of social rent where crime rate isn’t high at all like in Ardwick, Manchester. People earn a humble average household income of £30,450 yet the rate of crime is just 1 out of every 1000 people.

Home listings in Bell Bar on the platform of Rightmove

In the area, using Rightmove data, what are most people selling their property for?

When exploring the property market in Bell Bar, 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 £577,994, 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 £925,717
Semi-detached house £594,769
Terraced house £413,525
Flat £301,677

In Bell Bar, what are the number of planning permission applications on Rightmove?

Applying for planning permission in Bell Bar is something landlords tend to do if they want to add some value to their home. As of this month, there were 12 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 Bell Bar too, there is a decent amount of opportunity to buy, renovate and make a profit.

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 Bell Bar to other regions.

How to invest in property in Bell Bar using Rightmove data

Rightmove data can tell you a lot about the average asking rents of the area of Bell Bar. 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 £1,311.

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
AL9 1

A quick insight into Rightmove property Bell Bar

As you delve into the property landscape of Bell Bar in the region of East of England, 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 7. 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 nan. Every decade population change should also be considered. This figure stands at 13% and positive changes generally show there is a growing population no matter if you are talking about a city or a wider region like East of England.

A deep dive into rental yield and how this impacts Bell Bar

Bell Bar 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 Bell Bar, is worked out by dividing the net rental income of a property by the purchase price.

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

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 Bell Bar, the current data indicates the presence of 31.5 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.

What are the number of HMOs on Rightmove that are licenced in the area of Bell Bar?

Currently, the number of licensed HMOs stands at nan that come at an average price to rent of no relevant data for this city. 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 no relevant data for this city.
This should give you an indication if it is worth the difference in price to upgrade to a room with a bathroom in Bell Bar. Understanding where is best to rent in Bell Bar involves considering the average asking price for a House in Multiple Occupation (HMO) and comparing this to normal rents.

Frequently asked Questions

Uncover the typical property asking price in Bell Bar through Rightmove data.

The mean property value in the UK is £286k but is changing all the time. Meanwhile, in the local area of Bell Bar, the average cost of a home available for purchase is £577,994. You can compare these figures to see how far away this city is from the average.

In the process of property hunting on Rightmove in Bell Bar, do hidden costs come into play?

Vigilance is key for landlords, encompassing factors like the stamp duty rate, renovation expenses, and the potential deductible costs based on whether the property is incorporated as a limited company or under your personal name.

Based on Rightmove’s information, what’s the level of criminal activity in the Bell Bar area?

The current crime rate in Bell Bar is such that 8200% incidents are recorded for every 1000 residents.

In Bell Bar, how many sales per month are there according to listing portals?

7 properties are sold in the area every month. A figure you should pay attention to, particularly if you are an investor looking to

On Rightmove, how much does a three-bed property typically cost in Bell Bar?

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

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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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