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 Brookfield, aiming to guide your investment decisions.
It’s worth noting that currently, no relevant data for this city 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.
In Brookfield, what property are people trying to rent on Rightmove?
What is the level of Rightmove affordable housing and social rent in Brookfield?
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 no relevant data for this city in Brookfield. And they have an average household income of £38,011.63. 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.
Brookfield’s demographics and income insights based on Rightmove data
In the city of Brookfield, the population is 100087. Out of all of these people, it is worth noting the education level. 24% have a degree (a higher level educational degree). Also, the average household income of the area is £38,011.63. This is important to understand for renters as if the degree level is above the average of 22.6%, your neighbours will likely be higher earners. This is not always the case and there are still other factors that determine the quality of your neighbours but taking a note of the degree is always useful.
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.
In Brookfield, what does the property sales data look like based on Rightmove?
From Brookfield’s Rightmove data, 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 Brookfield, 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 Brookfield. 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 no relevant data for this city that take place each month, this is likely the case a lot of the time.
The greater the number of sales per month in the area of Brookfield, 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.
Linking rental yields with Rightmove property listings in Brookfield
As you may be aware, rental yield is an extremely important metric to judge how effective a property is in terms of producing a return on investment. In the city of Brookfield, there is an average of £0 for rental yield.
Brookfield can be compared to the rest of the UK that tends to have an average of around 4.4% yield where the higher the yield the higher the return on the amount of money in the deal. This is because the area’s rental yield of £0 is first worked out by multiplying the monthly rent by twelve to find the annual rent. Then, you take away the associated costs of the property from the annual rental income to find the net rent. This net rent can then be divided by the purchase price and multiplied by 100 to find the rental yield as a percentage.
A quick insight into Rightmove property Brookfield
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 North West. However, you can find data for the wider region here.
|Data for Brookfield||Average for the UK|
|Turnover||no relevant data for this city||19%|
|Property sales per month||no relevant data for this city||576,000|
|Population growth over 10 years||4%||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 North West.
How to invest in property in Brookfield using Rightmove data
In Brookfield, the average asking rent in the area is £782 and there is a table below that goes over the asking rent for every type of property there is. Also, in Brookfield, 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|
|2||no relevant data for this city|
What is a commons purchase price for property on Rightmove?
When exploring the property market in Brookfield, UK, there is a lot of information that can be gathered on listing platforms and on Rightmove. The average sold price across all property types is approximately £144,090, this provides valuable insight into market trends.
Refer to the table below for a detailed breakdown of sold prices across different property categories.
|Property type||Average selling point|
How much outdoor space is there in Brookfield?
In Brookfield, the available data reveals that there are 15.7 acres of green space per thousand residents. By comparing this value to the recommended standard of 6, we can gauge the presence of green space in the area using statistics found on listing portals such as Rightmove.
Adequate green space is a valuable asset for all individuals as it has a huge impact on the mental and physical health of residents. Unfortunately, it is often compromised in numerous locations. For instance, in urban settings, the quantity of green space frequently falls short of the recommended measure of 6 acres of green space for every thousand individuals.
On Rightmove and in Brookfield, how many HMOs are licenced?
In Brookfield, 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 Brookfield is currently £452, usually slightly above what is asked to rent a normal room without an ensuite in a HMO.
Frequently asked Questions
How much does the average property cost in Brookfield according to Rightmove data?
The mean property value in the UK is £286k but is changing all the time. Meanwhile, in the local area of Brookfield, the average cost of a home available for purchase is £144,090. You can compare these figures to see how far away this city is from the average.
In the process of property hunting on Rightmove in Brookfield, do hidden costs come into play?
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 Brookfield?
The Brookfield community presently experiences a crime rate where 14100% infractions are documented for every 1000 inhabitants. A reference point is the national average of 79.52 incidents for every 1000 individuals. So, if the crime rate in the area is above this figure, there is more crime than usual. If it is below this figure then there is less crime than usual.
How many monthly property sales does Brookfield witness according to listing platforms?
To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, you can look at the houses sold each month which is no relevant data for this city. Typically, the higher this figure is, the more likely it is that this area is highly sought after and there is a strong buyer demand. Check out the property sales in a similar area in order to find a comparison.
What’s the usual price range for a three-bedroom property on Rightmove in Brookfield?
For properties encompassing three bedrooms, the typical asking price hovers around £749. This can be contrasted with the mean property valuations.