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 Bradstone so you can make the best decisions and make money on your property purchases. Getting involved in one of the 12 property deals that come off the market each month.
In Bradstone, what property are people trying to rent on Rightmove?
How to examine income data from Rightmove for Bradstone
In the city of Bradstone, the population stands at 16443 individuals. Among this population, it is noteworthy to consider the educational levels. Approximately 31% of the residents hold a higher-level educational degree.
Additionally, the average household income in the area amounts to £39,730.00. This information is significant for renters, as a higher percentage of degree holders compared to the regional average of 22.6% suggests that your neighbours are likely to be higher earners. While other factors influence neighbour quality too, considering the education level remains beneficial as you’d likely want to be around people you are similar to.
What is the Rightmove data regarding social rent and affordable housing in Bradstone?
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 5% in Bradstone. And they have an average household income of £39,730.00. 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.
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 Bradstone on Rightmove
The greater the number of sales per month in the area of Bradstone, the more it could be argued that the property market is improving. As you read on, consider this factor amongst others such as the type of property that is in the area.
A deep dive into rental yield and how this impacts Bradstone
Bradstone averages at £0 for rental yield and this should be looked at in comparison with the average for the UK which tends to fluctuate around 4.4%. Having said this, rental yields can drop as low as 1% in the central areas of London and rise to as high as 9% in areas with high rental demand such as Stoke.
Yield, which is £0 in Bradstone, is worked out by dividing the net rental income of a property by the purchase price.
On average and according to Rightmove data, what do properties sell for?
In the area of Bradstone in the UK, the average sold price of a property is around £273,905. 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||£242,074|
A quick insight into Rightmove property Bradstone
When considering buying a house for an investment in the area of South West, you can click here to find further information about houses for sale. There are also a few metrics to look at that make the investment more appealing.
For instance, you should look at the number of property sales that the area has every month which is 12. This, alongside the city’s relative population, should give you an indication of the turnover. The turnover is a piece of data that looks at how many houses have been sold in relation to the number of properties there are.
On average throughout the UK, in a calendar year, this data is around 22% but for Bradstone it is nan. Finally, a growing population is always a good sign. The change in population that has happened over the last decade has been 5%. So, you can make of that as you will.
Property investment opportunities presented on Rightmove in Bradstone
Rightmove data can tell you a lot about the average asking rents of the area of Bradstone. 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 £832.
|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|
In Bradstone, analysing Rightmove, what are the number of planning permission applications?
82 out of every 100 applications for planning permission in the UK results in a success according to recent data. When it comes to Bradstone, the people who own homes in this area have a rate of planning success of nan. Individuals usually seek to modify their properties and apply for planning permission whenever they are trying to increase the value of a home.
This means investors should take note of this data in Bradstone. An above-average success rate indicates that property renovations have been proven to work and are repeatable or it could mean that a lot of the properties in the area are very simple in design. This presents an opportunity for investors to assess successful strategies in the area and adopt similar approaches and of the 7 that take place each month, this is likely the case a lot of the time.
According to Rightmove data in Bradstone, is it worth moving into 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 Bradstone.
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 Bradstone, 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.
How much outdoor space is there in Bradstone?
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 Bradstone, the available data reveals that there are 17.1 acres of green space per thousand residents. For health reasons, there should be 6 acres.
How much does the average property cost in Bradstone according to Rightmove data?
At present, within the confines of Bradstone, the mean price for houses listed for sale is £273,905.
Does exploring properties on Rightmove within Bradstone come with any fees you may not be aware of?
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 Bradstone as indicated by Rightmove?
In Bradstone, the prevailing crime rate results in 5200% occurrences for every 1000 residents. This contrasts with the nationwide average of 79.52 incidents for every 1000 individuals.
What are the house sales per month in Bradstone?
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 12 as of recent data.
On Rightmove, what is the average price of a three-bed property in Bradstone?
The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.