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Rightmove properties listed in the city of Belstead

by | Jul 6, 2023

Home $ An overview on Rightmove property listings in the UK $ Rightmove properties listed in the city of Belstead

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 Belstead so you can make the best decisions and make money on your property purchases. Getting involved in one of the 21 property deals that come off the market each month.

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On Rightmove in Belstead, what properties are available to rent?

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.

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

Through some digging, we found the level of social rent in the area. Currently, this figure is 21% as the percentage of people who are leasing directly from the government. In the area of Belstead, the average household income is £43,471.43 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.

Belstead’s demographics and income insights based on Rightmove data

In the city of Belstead, the population is 41813. Out of all of these people, it is worth noting the education level. 17% have a degree (a higher level educational degree). Also, the average household income of the area is £43,471.43. 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.

Properties for sale in Belstead on Rightmove

Investment analysis of Rightmove property in Belstead

In the area of Belstead, Rightmove records consistent sales of 21 properties each month, generating an average yearly turnover of 1.32. This turnover is just from property sales relative to the properties that there already are and 5% 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 East of England 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 Belstead to other regions.

A closer look at rental yield on Rightmove in Belstead

A serious investor will know what yield is and how to work it out. The formula is true for Belstead and everywhere else in the UK. Simply calculate net rental yield and the purchase price of the home and then divide the former by the latter. When this calculation is done, for Belstead the figure is £0.
This £0 as a percentage is essentially the amount of money that a landlord makes from the deal in relation to the amount of money they have invested. Take a look at other calculations too like return on capital invested to get a return that is comparable to a direct “return on investment” calculation such as that of a bank.

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

The city of Belstead, according to Rightmove listings, has a commendable planning success rate of 93% and there are around 5 that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Belstead.

Property investment opportunities presented on Rightmove in the city of Belstead

In Belstead, the average asking rent in the area is £804 and there is a table below that goes over the asking rent for every type of property there is. Also, in Belstead, 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 IP2

What is a commons purchase price for property on Rightmove?

In the area of Belstead in the UK, the average sold price of a property is around £241,020. 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 £328,800
Semi detached house £228,366
Terraced house £187,830
Flat £127,203

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

When it comes to renting in Belstead, it’s important to consider the average asking price for a House in Multiple Occupation (HMO), which is no relevant data for this city. This data is particularly valuable for individuals seeking affordable rental options or like the idea of renting with housemates. If you are looking for more of an expensive property, there are £483 HMO properties with an ensuite too. Contrary to what you may believe, not all HMOs have to be cramped with a lack of space. A HMO with an ensuite will mean you won’t have to come out of your room to use the bathroom, making things very convenient.
According to the most recent Rightmove data, there are a total of 32 licensed HMOs in Belstead, giving you an idea of the variety and options available in the market.

How much green space do properties have in Belstead according to Rightmove?

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 Belstead, the current data indicates the presence of 28.8 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.

FAQ

What is the average property price in Belstead on Rightmove?

The average property price for the UK currently stands at £286,000. In the local area of Belstead, the average price of a house for sale in the area is £241,020

When utilising Rightmove for finding property in Belstead, are there any charges to consider?

Landlords should remain attentive to several financial considerations. These may include but are not limited to the costs of running the property, the rate of stamp duty and renovation costs.

Does Rightmove data indicate a high occurrence of crime in the vicinity of Belstead?

The Belstead community presently experiences a crime rate where 9000% infractions are documented for every 1000 inhabitants. A reference point is the national average of 79.52 incidents for every 1000 individuals. So, if the crime rate in the area is above this figure, there is more crime than usual. If it is below this figure then there is less crime than usual.

What are the house sales per month in Belstead?

21 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, what is the average price of a three-bed property in Belstead?

The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.

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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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