Deciding on the right property to purchase in the UK is a big deal. The decision to rent and where to rent is also a huge decision too. This article goes over the Rightmove data related to Brenkley and analyses just how good of an area it is to find somewhere to buy or to rent.
By the end of the article, you should be able to make an informed decision and pick from the list of properties to rent or the 17 number of properties that are sold.
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From Rightmove listings, what is the availability of green space in Brenkley
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 Brenkley, the available data reveals that there are 16.8 acres of green space per thousand residents. For health reasons, there should be 6 acres.
What are the number of HMOs on Rightmove that are licenced in the area of Brenkley?
In Brenkley, 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 Brenkley is currently no relevant data for this city, usually slightly above what is asked to rent a normal room without an ensuite in a HMO.
In Brenkley, what does the property sales data look like based on Rightmove?
On Rightmove, how many planning permission applications are there based in Brenkley?
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 Brenkley, this number is 6 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 Brenkley, you may be able to do the same and make some money.
Average sold prices of properties on Rightmove
By looking at the below table taken from Rightmove data, you can gain great insights into the property market of Brenkley. With an overall sold price of approximately £231,057, 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 | £119,199 |
| Terraced house | £165,817 |
| Semi-detached house | £186,241 |
| detached house | £305,875 |
Linking rental yields with Rightmove property listings in Brenkley
Rental yield in Brenkley 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 Brenkley’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.
Investment analysis of Rightmove property in Brenkley
When weighing up an investment property, take into careful consideration the data provided by Rightmove as if you use them the right way, you can really use them to make informed decisions.
By closely examining the monthly property sales volume in the area and looking at this in relation to the number of homes there are (currently 17 properties are sold each month), you can work out the turnover too, which is 1.13 in Brenkley.
Even if these figures appear to be positive, it is still worth looking at other factors like the population difference over ten years which is 8%. Also comparing this data to an area slightly bigger, such as North East by visiting our page for this, you can find additional data to help you on your search too.
The greater the number of sales per month in the area of Brenkley, 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.
How can property investments be made using Rightmove data?
Based on Rightmove, there is a lot of data you can gather about Brenkley and there is a lot that can go towards making the decision to invest. So, the average rental yield of the area is £0. and the average asking rent based on Rightmove data is £942. In general, the higher this figure is for asking rent, the more the mortgage payments will likely be when you buy the property, hence the rental income has to go up in order to pay it off. It is also useful to find out the asking rent property by property. First of all, the average rent for a one bedroom property is NE13, for a two bed is, no relevant data for this city, a three bed is no relevant data for this city. Finally, a four bed average asking price is no relevant data for this city, and a five bed, no relevant data for this city. Comparing these prices should allow you to work out what property to buy based on your budget and the mortgage that fits the average asking rent.
On Rightmove in Brenkley, what properties are available to rent?
Not everyone wants to buy a house, in the below headings, we go over what is useful to know when renting a property instead. Consider paying letting agents fees if you don’t want to find tenants yourself. Also, once you have researched your area in detail, make sure you have the right AST to sign them with.
What is the Rightmove data regarding social rent and affordable housing in Brenkley?
If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, 12% of individuals in Brenkley 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 £34,802.86. Most people in the Uk earn around £34,000 which is convenient for comparison.
Understanding education levels in the area of Brenkley
Within the city of Brenkley, the population amounts to 12434 individuals. Among these residents, it is notable that approximately 30% hold a higher-level educational degree. Furthermore, the average household income in the area stands at £34,802.86. 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.
Frequently asked Questions
Discover the mean property value in Brenkley as reported on Rightmove.
In Brenkley, the mean price for residential properties up for sale is £231,057. The mean price for the average property valuation across the UK is £286,000.
Does exploring properties on Rightmove within Brenkley 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.
According to Rightmove data, how prevalent is crime in Brenkley’s vicinity?
In Brenkley, the prevailing crime rate results in 9500% occurrences for every 1000 residents. This contrasts with the nationwide average of 79.52 incidents for every 1000 individuals.
What’s the frequency of property sales per month in Brenkley as reported by listing portals?
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 17 as of recent data.
On Rightmove, what is the average price of a three-bed property in Brenkley?
The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.
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