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A guide on Rightmove property in Byers Green

by | Jul 6, 2023

Home $ An overview on Rightmove property listings in the UK $ A guide on Rightmove property in Byers Green

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 Byers Green, aiming to guide your investment decisions.
It’s worth noting that currently, 16 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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How much outdoor space is there in Byers Green?

Green space is universally recommended but unfortunately often compromised in various locations. In cities, the amount of green space often falls below the recommended threshold of 6 acres of green space per thousand people.
In Byers Green, the current data indicates the presence of 21.2 acres of green space per thousand residents. By comparing this value to the recommended benchmark of 6, we can evaluate the sufficiency of green space in the area.

In the city of Byers Green, regarding Rightmove, what would it look like living in a HMO?

The average asking price for a House in Multiple Occupation (HMO) in Byers Green is no relevant data for this city. Understanding this information is essential for anyone interested in saving some money on rent because Houses of Multiple Occupancy tend to be cheaper to rent than any other type of property.
By opting for shared living arrangements within a HMO, you can also get an ensuite in your room too. The average price of a room with an ensuite in a HMO in the city of Byers Green is no relevant data for this city and there are also nan in the area in total. This number of licenced HMO properties should be looked at in relation to the fact there are 56,000 properties that are licenced in the whole of the UK so you can see how much this area contains.

In Byers Green, what does the property sales data look like based on Rightmove?

Every month, properties are sold on the platform of Rightmove in Byers Green and you can explore the topics below related to sales that give you an overview of the market.

A look into Rightmove’s Byers Green property as an Investment

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 16 properties are sold each month), you can work out the turnover too, which is nan in Byers Green.



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 4%. 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.

Average sold prices of properties on Rightmove

In the area of Byers Green in the UK, the average sold price of a property is around £122,508. This is based on the average of all of the types of property listed on Rightmove and other listing platforms. Take a look below to see how this average is made up:

Type of property Average sold price
detached house £200,952
Semi detached house £118,889
Terraced house £82,337
Flat £63,227

From Byers Green’s Rightmove data, what are the number of planning permission applications?

In the UK, planning applications result in a success rate of 82% most of the time. In Byers Green, 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 5 monthly planning applications in Byers Green, 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 to invest in property in Byers Green using Rightmove data

In Byers Green, the average asking rent in the area is no relevant data for this city and there is a table below that goes over the asking rent for every type of property there is. Also, in Byers Green, the average yield of properties is no relevant data for this city. 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
1 DL16

A deep dive into rental yield and how this impacts Byers Green

Rental yield in Byers Green is no relevant data for this city 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 Byers Green’s yield of no relevant data for this city 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.

According to Rightmove data from Byers Green, what properties are renting?

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.

Analysing the rate of education in Byers Green from Rightmove

In the city of Byers Green, the population is 19701. Out of all of these people, it is worth noting the education level. 19% have a degree (a higher level educational degree). Also, the average household income of the area is £35,475.00. 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.

What is the outlook for social rent and affordable housing according to Rightmove in Byers Green?

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 11% in Byers Green. And they have an average household income of £35,475.00. 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.

Frequently Asked Questions by Rightmove users

How much does the average property cost in Byers Green according to Rightmove data?

Currently, the average worth of a property in the UK stands at £286,000. Focusing locally on Byers Green, the mean selling price for houses in the area is £122,508. 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 Byers Green?

Vigilance is key for landlords, encompassing factors like the stamp duty rate, renovation expenses, and the potential deductible costs based on whether the property is incorporated as a limited company or under your personal name.

Does Rightmove data indicate a high occurrence of crime in the vicinity of Byers Green?

The city of Byers Green currently has a crime rate where for every 1000 people who live there 11800% commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.

How many monthly property sales does Byers Green witness according to listing platforms?

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 16 as of recent data.

On Rightmove, what is the average price of a three-bed property in Byers Green?

The average price for a property that has three bedrooms is no relevant data for this city. This can be compared to average property prices

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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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