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 Blackden Heath 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 6 number of properties that are sold.
In Blackden Heath, what does the property sales data look like based on Rightmove?
In the area, using Rightmove data, what are most people selling their property for?
In the area of Blackden Heath in the UK, the average sold price of a property is around £334,111. 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||£260,477|
Every month, properties are sold on the platform of Rightmove in Blackden Heath and you can explore the topics below related to sales that give you an overview of the market.
An overview of Blackden Heath property in Rightmove from an investment perspective
In the area of Blackden Heath, Rightmove records consistent sales of 6 properties each month, generating an average yearly turnover of nan. 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 North West by looking at further houses for sale here.
In Blackden Heath, analysing Rightmove, what are the number of planning permission applications?
Applying for planning permission in Blackden Heath is something landlords tend to do if they want to add some value to their home. As of this month, there were 6 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 Blackden Heath too, there is a decent amount of opportunity to buy, renovate and make a profit.
How to invest in property in Blackden Heath using Rightmove data
There is a fair amount of insight that you can gather from the city of Blackden Heath by looking at Rightmove data. You can use all of this data in order to invest properly armed with the right information. To begin, let’s have a look at the most important data that someone looks for when evaluating an investment in the area, no relevant data for this city is the average rental yield and the average asking rent is no relevant data for this city.
The average for these figures are 4.4% and £1,143 respectively. You can make an investment work in any area and there is even less you won’t have to worry about these figures if you are buying to live in this home. So, look at the below figures with an element of reason and be prepared to make changes to the rent using a
section 13 rent increase as a landlord if there are changes in the economy and the cost to run a property goes up.
|Number of bedrooms||Average asking rent|
|2||no relevant data for this city|
|3||no relevant data for this city|
|4||no relevant data for this city|
|5||no relevant data for this city|
Is it important to look at yield in Blackden Heath in further detail?
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 Blackden Heath is no relevant data for this city.
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 no relevant data for this city for comparison.
Usually, when looking to invest in Blackden Heath, landlords look for a mix of appreciation and high yields but the gains from capital appreciation aren’t realised until the property is sold.
By analysing Rightmove in Blackden Heath, is there a lot of green, outdoor space?
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 Blackden Heath, the available data reveals that there are 22.9 acres of green space per thousand residents. For health reasons, there should be 6 acres.
In the city of Blackden Heath, regarding Rightmove, what would it look like living in a HMO?
Prospective tenants should be aware of the average asking price for a House in Multiple Occupation (HMO), which currently stands at no relevant data for this city.
Tenants should also consider how significant, if at all, the saving in rent is when comparing the price to rent in a normal house you do not have to share in Blackden Heath.
Renting an HMO can provide a more affordable alternative to traditional rental arrangements and for context, there are a predicted 13,500 licenced HMOs in London. In Blackden Heath, there are nan for comparison so you are able to tell how abundant this type of property is.
Do not think that all HMOs have to be small rooms with a lack of space either, you also have the option to rent out a HMO with an ensuite. The average rents for this type of room stands at no relevant data for this city.
On Rightmove in Blackden Heath, what properties are available to rent?
To rent a property, the below subheadings go over everything relevant for those looking to rent out a house.
What is the level of Rightmove affordable housing and social rent in Blackden Heath?
If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, 6% of individuals in Blackden Heath 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 £43,830.56. Most people in the Uk earn around £34,000 which is convenient for comparison.
How to examine income data from Rightmove for Blackden Heath
Within the city of Blackden Heath, the population amounts to 9303 individuals. Among these residents, it is notable that approximately 39% hold a higher-level educational degree. Furthermore, the average household income in the area stands at £43,830.56. 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.
What questions are asked most frequently?
Uncover the typical property asking price in Blackden Heath through Rightmove data.
The average property price for the UK currently stands at £286,000. In the local area of Blackden Heath, the average price of a house for sale in the area is £334,111
Does exploring properties on Rightmove within Blackden Heath come with any fees you may not be aware of?
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.
Is there substantial criminal activity in the area around Blackden Heath as indicated by Rightmove?
The city of Blackden Heath currently has a crime rate where for every 1000 people who live there 4700% commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.
According to online listings, what’s the count of property transactions per month in Blackden Heath?
6 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 Blackden Heath?
The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.