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 Bewbush so you can make the best decisions and make money on your property purchases. Getting involved in one of the 25 property deals that come off the market each month.
In Bewbush, what does the property sales data look like based on Rightmove?
Bewbush’s rental yield on Rightmove explained
As you may be aware, rental yield is an extremely important metric to judge how effective a property is in terms of producing a return on investment. In the city of Bewbush, there is an average of £0 for rental yield.
Bewbush can be compared to the rest of the UK that tends to have an average of around 4.4% yield where the higher the yield the higher the return on the amount of money in the deal. This is because the area’s rental yield of £0 is first worked out by multiplying the monthly rent by twelve to find the annual rent. Then, you take away the associated costs of the property from the annual rental income to find the net rent. This net rent can then be divided by the purchase price and multiplied by 100 to find the rental yield as a percentage.
In terms of the number of planning permission applications on Rightmove, what should there be in Bewbush?
The city of Bewbush, according to Rightmove listings, has a commendable planning success rate of 81% and there are around 11 that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Bewbush.
Every month, properties are sold on the platform of Rightmove in Bewbush and you can explore the topics below related to sales that give you an overview of the market.
How Rightmove listings in Bewbush help you make an investment
In Bewbush, the average asking rent in the area is £1,219 and there is a table below that goes over the asking rent for every type of property there is. Also, in Bewbush, 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|
What is a commons purchase price for property on Rightmove?
Using Rightmove, there is an average sold price of property that is £288,162 in Bewbush. The average sold price provides a benchmark for understanding property values in the area and you may want to look at a more detailed overview of individual types of property below.
|Property category||Average price of property|
Exploring Bewbush’s real estate investment potential on Rightmove
When weighing up an investment property, take into careful consideration the data provided by Rightmove as if you use them the right way, you can really use them to make informed decisions.
By closely examining the monthly property sales volume in the area and looking at this in relation to the number of homes there are (currently 25 properties are sold each month), you can work out the turnover too, which is nan in Bewbush.
Even if these figures appear to be positive, it is still worth looking at other factors like the population difference over ten years which is 7%. Also comparing this data to an area slightly bigger, such as South East by visiting our page for this, you can find additional data to help you on your search too.
According to Rightmove data from Bewbush, what properties are renting?
If you are looking to rent a property, consider the data below that will help you decide on renting your next premises.
What is the outlook for social rent and affordable housing according to Rightmove in Bewbush?
If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, 16% of individuals in Bewbush 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 £45,146.15. Most people in the Uk earn around £34,000 which is convenient for comparison.
Bewbush’s demographics and income insights based on Rightmove data
Within the city of Bewbush, the population amounts to 54793 individuals. Among these residents, it is notable that approximately 18% hold a higher-level educational degree. Furthermore, the average household income in the area stands at £45,146.15. 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.
How much green space do properties have in Bewbush according to Rightmove?
In Bewbush, the available data reveals that there are 19.5 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.
On Rightmove and in Bewbush, how many HMOs are licenced?
The average asking price for a House in Multiple Occupation (HMO) in Bewbush 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 Bewbush is £608 and there are also 155 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.
Uncover the typical property asking price in Bewbush through Rightmove data.
The mean property value in the UK is £286k but is changing all the time. Meanwhile, in the local area of Bewbush, the average cost of a home available for purchase is £288,162. 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 Bewbush, do hidden costs come into play?
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.
Is there substantial criminal activity in the area around Bewbush as indicated by Rightmove?
The ongoing crime rate in Bewbush indicates 13100% instances for every 1000 citizens.
What are the house sales per month in Bewbush?
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 25 as of recent data.
On Rightmove, how much does a three-bed property typically cost in Bewbush?
For properties encompassing three bedrooms, the typical asking price hovers around no relevant data for this city. This can be contrasted with the mean property valuations.