In this overview, we’ll delve into the Rightmove data for Boothville, 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 40 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.
We help you find the right agent
At lofti we want to simplify your life and help you buy, sell or rent your property. We have assembled all the agent in Boothville to help you find the perfect agent for you
In Boothville, what property are people trying to rent on Rightmove?
In Boothville, here’s what Rightmove data says about social rent and affordable housing
It is well researched and understood that humans like to associate themself with similar people and this is why it’s important to find an area where people are earning a similar amount to you. The percentage of people who are renting from the government is 10% in Boothville. And they have an average household income of £43,305.56. If you think these numbers are similar to your financial situation or reflect an area you want to live in, then this is a good sign.
Boothville’s demographics and income insights based on Rightmove data
When considering Boothville, its population reaches 68971 individuals. It is useful to note that around 21% of the residents have attained a higher level of education and the average household income in the area is £43,305.56. Renters should take note that if the percentage of degree holders exceeds the regional average of 22.6%, it suggests that your neighbours are likely to be higher earners. While other factors contribute to neighbour quality, observing educational levels remains valuable.
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.
A list of properties for Sale in Boothville on Rightmove
Property investment opportunities presented on Rightmove in Boothville
In Boothville, the average asking rent in the area is £1,021 and there is a table below that goes over the asking rent for every type of property there is. Also, in Boothville, 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 | NN3 |
Exploring Boothville’s real estate investment potential on Rightmove
In the area of Boothville, Rightmove records consistent sales of 40 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 no relevant data for this city 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 West Midlands by looking at further houses for sale here.
On average and according to Rightmove data, what do properties sell for?
In the area of Boothville in the UK, the average sold price of a property is around £237,966. 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 | £330,437 |
| Semi detached house | £222,304 |
| Terraced house | £175,256 |
| Flat | £129,664 |
In terms of the number of planning permission applications on Rightmove, what should there be in Boothville?
In the UK, planning applications result in a success rate of 82% most of the time. In Boothville, 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 19 monthly planning applications in Boothville, 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.
A closer look at rental yield on Rightmove in Boothville
Rental yield in Boothville is £0 as of 2023. However, this is not to say that there are not higher yields out there. When the economy was favourable for property in 2018. Yields were as high as 11% in places like Sheffield in some cases. However, an average, yet respectable figure you can expect from a property in the UK is around 4.4% so you can compare Boothville’s yield of £0 to see if you are above or below.
It is useful to note that even though a property may have a below average rental yield, it can still benefit from capital appreciation over time and this profit can be taken when the property is sold.
A city such as Boothville has a fair amount of houses for sale on Rightmove. In the following headings, we go over all the relevant data related to Rightmove so you can begin the process of buying a house. Figuring out the best type of property to buy is a difficult process so it is useful to see all the relevant information condensed in one place.
From Rightmove listings, what is the availability of green space in Boothville
Green space is highly recommended for everyone’s well-being, but it is often compromised. Urban areas, in particular, tend to have insufficient green space compared to the recommended benchmark of 6 acres per thousand people according to Fields in Trust seen here. In Boothville, the current data indicates that there are 19.8 acres of green space available per thousand residents. By comparing this figure to the recommended standard of 6, we can assess the adequacy of green space in the area based on Rightmove data.
How many HMOs are licenced in the city of Boothville on Rightmove?
In Boothville, of the total number of licensed HMOs (nan) that are legally registered as a House of Multiple Occupancy, the average asking rent is no relevant data for this city. If you are trying to find a cheap way to rent but also don’t want to share the entire property with other renters, you also have the option to rent a room with a bathroom attached. These are known as ensuites and the cost to rent one in Boothville is currently £526, usually slightly above what is asked to rent a normal room without an ensuite in a HMO.
Frequently asked Questions
Uncover the typical property asking price in Boothville through Rightmove data.
At present, within the confines of Boothville, the mean price for houses listed for sale is £237,966.
When utilising Rightmove for finding property in Boothville, are there any charges to consider?
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)
According to Rightmove data, how prevalent is crime in Boothville’s vicinity?
The ongoing crime rate in Boothville indicates 11800% instances for every 1000 citizens.
How many monthly property sales does Boothville witness according to listing platforms?
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 40 as of recent data.
What’s the average cost of a three-bedroom property in Boothville as per Rightmove data?
Properties with three bedrooms command an average asking price of no relevant data for this city. This can be juxtaposed with the mean property price of the entire united kingdom which is £286,000. Or, for a more accurate figure, you can compare it to the average price of a three bed property in the UK which is £283,706.
0 Comments