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An outlook on houses for rent and sale on Rightmove in Branston

by | Jul 6, 2023

Home $ An overview on Rightmove property listings in the UK $ An outlook on houses for rent and sale on Rightmove in Branston

Choosing the perfect location to buy property in the UK involves a lot of factors.
This piece discusses the nature of Rightmove (and other listing platforms) data for Branston, aiming to guide your investment decisions.
It’s worth noting that currently, 24 properties are listed for sale and sold on Rightmove in this area every single month so you have an idea of your options to pick from.
We will also go over the properties for rent in the area on Rightmove if you are looking to become a new tenant.

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On Rightmove and in Branston, how many HMOs are licenced?

When it comes to renting in Branston, it’s important to consider the average asking price for a House in Multiple Occupation (HMO), which is no relevant data for this city. This data is particularly valuable for individuals seeking affordable rental options or like the idea of renting with housemates. If you are looking for more of an expensive property, there are £480 HMO properties with an ensuite too. Contrary to what you may believe, not all HMOs have to be cramped with a lack of space. A HMO with an ensuite will mean you won’t have to come out of your room to use the bathroom, making things very convenient.
According to the most recent Rightmove data, there are a total of nan licensed HMOs in Branston, giving you an idea of the variety and options available in the market.

Will you be moving into somewhere with a lot of green space if you moved to Branston?

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 Branston, the current data indicates that there are 23.8 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.

According to Rightmove data from Branston, what properties are renting?

What is the level of Rightmove affordable housing and social rent in Branston?

Through some digging, we found the level of social rent in the area. Currently, this figure is 14% as the percentage of people who are leasing directly from the government. In the area of Branston, the average household income is £40,400.00 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.

How to examine income data from Rightmove for Branston

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 £40,400.00 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.
Branston’s demographics also reveal a population of 28975 individuals and a percentage of people with degrees falling at 17%. 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.

Looking to rent? Find the most valuable data points for the process of renting below. See our full list of areas in the UK with data from Rightmove if you want to compare these rents to other areas in the UK.

Home listings in Branston on the platform of Rightmove

Is it important to look at yield in Branston 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 Branston 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 Branston, 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 average and according to Rightmove data, what do properties sell for?

By looking at the below table taken from Rightmove data, you can gain great insights into the property market of Branston. With an overall sold price of approximately £152,144, 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 £89,933
Terraced house £121,929
Semi-detached house £164,062
detached house £247,422

On Rightmove, how many planning permission applications are there based in Branston?

In the UK, planning applications result in a success rate of 82% most of the time. In Branston, 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 10 monthly planning applications in Branston, 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.

How can property investments be made using Rightmove data?

In Branston, the average asking rent in the area is £637 and there is a table below that goes over the asking rent for every type of property there is. Also, in Branston, 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 £688
2 £551
1 DE14

A look into Rightmove’s Branston property as an Investment

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 East Midlands. However, you can find data for the wider region here.

Data for Branston Average for the UK
Turnover 0.87 19%
Property sales per month 24 576,000
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 East Midlands.

A city such as Branston 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.

What questions are asked most frequently?

Uncover the typical property asking price in Branston through Rightmove data.

The average property price for the UK currently stands at £286,000. In the local area of Branston, the average price of a house for sale in the area is £152,144

Are there any undisclosed expenses associated with property searches on Rightmove within Branston?

It’s essential for landlords to stay alert to an array of costs that you could be subject to as a landlord. These may include, stamp duty rates, costs that may come up due to renovation and also making sure they are aware of the things you can write off as a landlord in a limited company as opposed to your personal name.

According to Rightmove data, how prevalent is crime in Branston’s vicinity?

The city of Branston currently has a crime rate where for every 1000 people who live there 13200% commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.

What are the house sales per month in Branston?

24 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 Branston?

For properties encompassing three bedrooms, the typical asking price hovers around £688. This can be contrasted with the mean property valuations.

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donnell-bailey

Donnell Bailey

Property expert

Donnell is a property expert focusing on the property market, he looks at a combination of legislation, information from property managers, letting agents and market trends to produce information to help landlords.

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