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 Bylchau, aiming to guide your investment decisions.
It’s worth noting that currently, 8 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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Home listings in Bylchau on the platform of Rightmove
From Bylchau’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 Bylchau, the people who own homes in this area have a rate of planning success of 91%. 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 Bylchau. 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 6 that take place each month, this is likely the case a lot of the time.
A deep dive into rental yield and how this impacts Bylchau
Bylchau averages at no relevant data for this city for rental yield and this should be looked at in comparison with the average for the UK which tends to fluctuate around 4.4%. Having said this, rental yields can drop as low as 1% in the central areas of London and rise to as high as 9% in areas with high rental demand such as Stoke.
Yield, which is no relevant data for this city in Bylchau, is worked out by dividing the net rental income of a property by the purchase price.
Property investment opportunities presented on Rightmove in Bylchau
In Bylchau, 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 Bylchau, 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 | LL16 |
An overview of Bylchau property in Rightmove from an investment perspective
When considering buying a house for an investment in the area of Wales, you can click here to find further information about houses for sale. There are also a few metrics to look at that make the investment more appealing.
For instance, you should look at the number of property sales that the area has every month which is 8. This, alongside the city’s relative population, should give you an indication of the turnover. The turnover is a piece of data that looks at how many houses have been sold in relation to the number of properties there are.
On average throughout the UK, in a calendar year, this data is around 22% but for Bylchau it is nan. Finally, a growing population is always a good sign. The change in population that has happened over the last decade has been 3%. So, you can make of that as you will.
On average and according to Rightmove data, what do properties sell for?
The average sold price of properties in Bylchau, UK, available on Rightmove is £184,296. See the below table to work out what the sold price is based on detached housing, semi-detached housing, terraced housing and flats.
Category of property | Average price |
---|---|
Flat | no relevant data for this city |
Terraced house | £110,835 |
Semi-detached house | £151,306 |
detached house | £243,730 |
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 Bylchau is talked about below and in the following headings.
In Bylchau, what property are people trying to rent on Rightmove?
If you are looking to rent a property, consider the data below that will help you decide on renting your next premises.
Analysing the rate of education in Bylchau from Rightmove
In the city of Bylchau, the population stands at 15840 individuals. Among this population, it is noteworthy to consider the educational levels. Approximately 30% of the residents hold a higher-level educational degree.
Additionally, the average household income in the area amounts to £37,146.15. 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 is the level of Rightmove affordable housing and social rent in Bylchau?
Through some digging, we found the level of social rent in the area. Currently, this figure is 5% as the percentage of people who are leasing directly from the government. In the area of Bylchau, the average household income is £37,146.15 too. This is another figure to reference and compare to the £34,000 average national salary to see who is in financial hardship. You may wonder why it is necessary to have this information and the answer is because it’s important you live in an area that suits your income as life is generally more enjoyable when you pick somewhere to live amongst others in a similar situation.
What are the number of HMOs on Rightmove that are licenced in the area of Bylchau?
In Bylchau, of the total number of licensed HMOs (1) 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 Bylchau 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.
How much outdoor space is there in Bylchau?
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 Bylchau, this is 19.4. Compare this figure of 6 which is recommended to have and the data for Bylchau to tell how much green space is around.
What questions are asked most frequently?
What is the average property price in Bylchau on Rightmove?
In Bylchau, the mean price for residential properties up for sale is £184,296. The mean price for the average property valuation across the UK is £286,000.
In the process of property hunting on Rightmove in Bylchau, 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.
Is there substantial criminal activity in the area around Bylchau as indicated by Rightmove?
In Bylchau, the prevailing crime rate results in 9200% occurrences for every 1000 residents. This contrasts with the nationwide average of 79.52 incidents for every 1000 individuals.
How many monthly property sales does Bylchau 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 8. 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.
On Rightmove, how much does a three-bed property typically cost in Bylchau?
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.
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