In this overview, we’ll delve into the Rightmove data for Bredenbury, 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 5 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.
How much outdoor space is there in Bredenbury?
Green space is something that is recommended to everyone to have but then again, it is often compromised in a lot of locations. For instance, in cities, the amount of green space is often well below the recommended figure of 6 acres of green space for every thousand people. In Bredenbury, this is 22.6. Compare this figure of 6 which is recommended to have and the data for Bredenbury to tell how much green space is around.
What are the number of HMOs on Rightmove that are licenced in the area of Bredenbury?
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 Bredenbury.
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 Bredenbury, 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.
In Bredenbury, what does the property sales data look like based on Rightmove?
It is worth noting that the more homes sell on a monthly basis, the more buyers and competition there tend to be. This figure for Bredenbury is talked about below and in the following headings.
On Rightmove, how many planning permission applications are there based in Bredenbury?
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 Bredenbury, this number is 2 every month and the success rate for planning permission is nan.
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 Bredenbury, you may be able to do the same and make some money.
How Rightmove listings in Bredenbury help you make an investment
In the area, average asking rents are around no relevant data for this city. This tends to differ depending on the size of the property you are buying and the number of rooms they have. You can read more about these metrics below. For reference, the yields in the area are no relevant data for this city.
Combining the data of yield with the price of rent can give you a good idea about the types of investments in the area. For instance, if a property has a low yield and also low rents, it is likely a lower return, single family buy to let in a less in demand area of Bredenbury.
|Average asking rent||Number of bedrooms in house|
|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|
A deep dive into rental yield and how this impacts Bredenbury
A serious investor will know what yield is and how to work it out. The formula is true for Bredenbury and everywhere else in the UK. Simply calculate net rental yield and the purchase price of the home and then divide the former by the latter. When this calculation is done, for Bredenbury the figure is no relevant data for this city.
This no relevant data for this city as a percentage is essentially the amount of money that a landlord makes from the deal in relation to the amount of money they have invested. Take a look at other calculations too like return on capital invested to get a return that is comparable to a direct “return on investment” calculation such as that of a bank.
What is a commons purchase price for property on Rightmove?
Using Rightmove, there is an average sold price of property that is £240,770 in Bredenbury. The average sold price provides a benchmark for understanding property values in the area and you may want to look at a more detailed overview of individual types of property below.
|Property category||Average price of property|
Investment analysis of Rightmove property in Bredenbury
As you delve into the property landscape of Bredenbury in the region of West Midlands, Rightmove becomes an invaluable resource that provides data that can be looked at every month.
Some standard data that should be examined when trying to understand an area include the number of sales there are every month in the area, which falls at 5. Look at this in accordance with the population of the area, larger populations obviously will generally have more sales as there are more people living there and likely to sell their property. So, look at this as a factor and also check out this link to compare data for other cities in the area.
So, you can look at turnover which looks at property sales every year in relation to the number of houses that exist in the area anyway. Currently turnover is nan. Every decade population change should also be considered. This figure stands at 6% and positive changes generally show there is a growing population no matter if you are talking about a city or a wider region like West Midlands.
According to Rightmove data from Bredenbury, what properties are renting?
What is the level of Rightmove affordable housing and social rent in Bredenbury?
If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, 6% of individuals in Bredenbury 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 £40,944.44. Most people in the Uk earn around £34,000 which is convenient for comparison.
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.
Bredenbury’s demographics and income insights based on Rightmove data
In the city of Bredenbury, the population stands at 7013 individuals. Among this population, it is noteworthy to consider the educational levels. Approximately 27% of the residents hold a higher-level educational degree.
Additionally, the average household income in the area amounts to £40,944.44. 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 questions are asked most frequently?
Uncover the typical property asking price in Bredenbury through Rightmove data.
Currently, the average worth of a property in the UK stands at £286,000. Focusing locally on Bredenbury, the mean selling price for houses in the area is £240,770. You can look at these two numbers and see if the price in the area is higher or lower than what is the average figure for the rest of the UK.
Are there any undisclosed expenses associated with property searches on Rightmove within Bredenbury?
Costs that landlords should look out for include the rate of stamp duty, costs of renovation and also what the landlord deductible expenses are in a property based on if the property is a limited company or listed in your personal name.
Does Rightmove data indicate a high occurrence of crime in the vicinity of Bredenbury?
The ongoing crime rate in Bredenbury indicates 111 instances for every 1000 citizens.
What’s the frequency of property sales per month in Bredenbury as reported by listing portals?
To comprehend the insights extracted from listing portals like Rightmove begin by acknowledging that the ongoing frequency of houses sold each month equates to 5. To learn more about houses for sale and why this data is important
On Rightmove, what is the average price of a three-bed property in Bredenbury?
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.