Deciding on the right property to purchase in the UK is a big deal. The decision to rent and where to rent is also a huge decision too. This article goes over the Rightmove data related to Blackboys and analyses just how good of an area it is to find somewhere to buy or to rent.
By the end of the article, you should be able to make an informed decision and pick from the list of properties to rent or the 19 number of properties that are sold.
Properties to Rent in Blackboys on Rightmove
Blackboys’s demographics and income insights based on Rightmove data
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 £43,666.67 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.
Blackboys’s demographics also reveal a population of 26315 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.
What is the Rightmove data regarding social rent and affordable housing in Blackboys?
Through some digging, we found the level of social rent in the area. Currently, this figure is 4% as the percentage of people who are leasing directly from the government. In the area of Blackboys, the average household income is £43,666.67 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.
To rent a property, the below subheadings go over everything relevant for those looking to rent out a house.
How much outdoor space is there in Blackboys?
Green space is a vital element that is often compromised in different locations, hindering its availability. For instance, urban areas frequently fall short of the recommended benchmark of 6 acres of green space per thousand people. In Blackboys, the available data reveals that there are 26.5 acres of green space per thousand residents. For health reasons, there should be 6 acres.
In the city of Blackboys, regarding Rightmove, what would it look like living in a HMO?
The average asking price for a House in Multiple Occupation (HMO) in Blackboys 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 Blackboys is no relevant data for this city 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.
Home listings in Blackboys on the platform of Rightmove
How to invest in property in Blackboys using Rightmove data
Based on Rightmove, there is a lot of data you can gather about Blackboys and there is a lot that can go towards making the decision to invest. So, the average rental yield of the area is £0. and the average asking rent based on Rightmove data is £1,348. In general, the higher this figure is for asking rent, the more the mortgage payments will likely be when you buy the property, hence the rental income has to go up in order to pay it off. It is also useful to find out the asking rent property by property. First of all, the average rent for a one bedroom property is TN22, for a two bed is, no relevant data for this city, a three bed is no relevant data for this city. Finally, a four bed average asking price is no relevant data for this city, and a five bed, no relevant data for this city. Comparing these prices should allow you to work out what property to buy based on your budget and the mortgage that fits the average asking rent.
On average and according to Rightmove data, what do properties sell for?
In the area of Blackboys in the UK, the average sold price of a property is around £390,642. 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||£340,932|
A quick insight into Rightmove property Blackboys
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 19 properties are sold each month), you can work out the turnover too, which is nan in Blackboys.
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 10%. 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.
Linking rental yields with Rightmove property listings in Blackboys
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 Blackboys is £0.
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 £0 for comparison.
Usually, when looking to invest in Blackboys, 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 Rightmove, how many planning permission applications are there based in Blackboys?
In the UK, planning applications result in a success rate of 82% most of the time. In Blackboys, 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 20 monthly planning applications in Blackboys, 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.
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 Blackboys is talked about below and in the following headings.
Frequently asked Questions
Uncover the typical property asking price in Blackboys through Rightmove data.
The average property price for the UK currently stands at £286,000. In the local area of Blackboys, the average price of a house for sale in the area is £390,642
Does exploring properties on Rightmove within Blackboys come with any fees you may not be aware of?
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 Blackboys?
In Blackboys, the prevailing crime rate results in 5600% occurrences for every 1000 residents. This contrasts with the nationwide average of 79.52 incidents for every 1000 individuals.
How many monthly property sales does Blackboys witness according to listing platforms?
19 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 Blackboys?
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