In this overview, we’ll delve into the Rightmove data for Blue Bell Hill, 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 35 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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What are the number of HMOs on Rightmove that are licenced in the area of Blue Bell Hill?
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 Blue Bell Hill.
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 Blue Bell Hill, there are 32 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 £590.
Will you be moving into somewhere with a lot of green space if you moved to Blue Bell Hill?
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 Blue Bell Hill, the current data indicates the presence of 24.7 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.
In Blue Bell Hill, what does the property sales data look like based on Rightmove?
How Rightmove listings in Blue Bell Hill help you make an investment
Rightmove data can tell you a lot about the average asking rents of the area of Blue Bell Hill. 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 £1,129.
| 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 |
| ME5 | 1 |
Exploring Blue Bell Hill’s real estate investment potential on Rightmove
When contemplating an investment property, you can look at the figures of turnover, the number of sales there are every month in the area, and the population change over ten years. The below table is related to the city rather than the wider area of South East. However, you can find data for the wider region here.
| Data for Blue Bell Hill | Average for the UK | |
|---|---|---|
| Turnover | 0.76 | 19% |
| Property sales per month | 35 | 576,000 |
| Population growth over 10 years | 7% | 6.5% |
It is worth noting that the figures above will be useful if you compare them to the wider region of the UK of South East.
In Blue Bell Hill, analysing Rightmove, what are the number of planning permission applications?
On Rightmove, there are a lot of people who plan to make amendments to their property and 8,000 people every month go through the process. In Blue Bell Hill, this number is 18 every month and the success rate for planning permission is 70%.
Rightmove records planning success as a good metric for investors to get a gauge on how familiar people are with renovating their homes. A higher success indicates investors have done improvements before and they are good at renovation. This suggests that if you are looking to buy in Blue Bell Hill, you may be able to do the same and make some money.
What is a commons purchase price for property on Rightmove?
By looking at the below table taken from Rightmove data, you can gain great insights into the property market of Blue Bell Hill. With an overall sold price of approximately £263,977, according to Rightmove and further listing platforms such as Zoopla, buyers can now make an informed decision as to whether this suits their budget.
| Class of property | Average sale |
|---|---|
| Flat | £143,806 |
| Terraced house | £227,985 |
| Semi-detached house | £271,483 |
| detached house | £398,299 |
A closer look at rental yield on Rightmove in Blue Bell Hill
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 Blue Bell Hill 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 Blue Bell Hill, landlords look for a mix of appreciation and high yields but the gains from capital appreciation aren’t realised until the property is sold.
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 Blue Bell Hill to other regions.
Properties to Rent in Blue Bell Hill on Rightmove
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.
Understanding education levels in the area of Blue Bell Hill
Within the city of Blue Bell Hill, the population amounts to 51800 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 £46,729.73. 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 is the Rightmove data regarding social rent and affordable housing in Blue Bell Hill?
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: 10%. Also, in Blue Bell Hill, the average amount that people earn per household is £46,729.73. 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.
Frequently Asked Questions by Rightmove users
Uncover the typical property asking price in Blue Bell Hill through Rightmove data.
The mean property value in the UK is £286k but is changing all the time. Meanwhile, in the local area of Blue Bell Hill, the average cost of a home available for purchase is £263,977. You can compare these figures to see how far away this city is from the average.
On Rightmove, are there any hidden costs when searching for property in the city of Blue Bell Hill?
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.
Based on Rightmove’s information, what’s the level of criminal activity in the Blue Bell Hill area?
In Blue Bell Hill, the prevailing crime rate results in 9400% 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 Blue Bell Hill witness according to listing platforms?
35 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 Blue Bell Hill?
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.
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