23 properties are sold from Rightmove and other listing platforms every single month in the UK. In this article we plan to go over how to buy one of these properties and also how to rent from the platform of Rightmove too.
Broad Street Green contains a lot of information so read carefully and start to consider how to make sure you are involved in a beneficial property deal, whether you are buying or renting.
On Rightmove in Broad Street Green, what properties are available to rent?
Broad Street Green’s demographics and income insights based on Rightmove data
In the city of Broad Street Green, the population stands at 33202 individuals. Among this population, it is noteworthy to consider the educational levels. Approximately 25% of the residents hold a higher-level educational degree.
Additionally, the average household income in the area amounts to £45,160.56. 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.
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.
What is the outlook for social rent and affordable housing according to Rightmove in Broad Street Green?
If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, 6% of individuals in Broad Street Green 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 £45,160.56. Most people in the Uk earn around £34,000 which is convenient for comparison.
On Rightmove and in Broad Street Green, how many HMOs are licenced?
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 Broad Street Green.
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 Broad Street Green, 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 Broad Street Green?
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 Broad Street Green, this is 27.0. Compare this figure of 6 which is recommended to have and the data for Broad Street Green to tell how much green space is around.
Home listings in Broad Street Green on the platform of Rightmove
How Rightmove listings in Broad Street Green help you make an investment
In Broad Street Green, the average asking rent in the area is £1,065 and there is a table below that goes over the asking rent for every type of property there is. Also, in Broad Street Green, 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|
What is a commons purchase price for property on Rightmove?
Using Rightmove, there is an average sold price of property that is £331,061 in Broad Street Green. 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|
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 Broad Street Green is talked about below and in the following headings.
From Broad Street Green’s Rightmove data, what are the number of planning permission applications?
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 Broad Street Green, this number is 22 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 Broad Street Green, you may be able to do the same and make some money.
Investment analysis of Rightmove property in Broad Street Green
As you delve into the property landscape of Broad Street Green in the region of East of England, 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 23. 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 East of England.
Is it important to look at yield in Broad Street Green in further detail?
Rental yield in Broad Street Green 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 Broad Street Green’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.
Frequently asked Questions
How much does the average property cost in Broad Street Green according to Rightmove data?
Currently, the average worth of a property in the UK stands at £286,000. Focusing locally on Broad Street Green, the mean selling price for houses in the area is £331,061. 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 Broad Street Green?
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)
Is there a lot of crime in the area of Broad Street Green according to Rightmove?
The ongoing crime rate in Broad Street Green indicates 7800% instances for every 1000 citizens.
According to online listings, what’s the count of property transactions per month in Broad Street Green?
To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, consider that 23 properties are being sold every month.
What’s the usual price range for a three-bedroom property on Rightmove in Broad Street Green?
The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.