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 Cadoxton, aiming to guide your investment decisions.
It’s worth noting that currently, 17 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.
Home listings in Cadoxton on the platform of Rightmove
Every month, properties are sold on the platform of Rightmove in Cadoxton and you can explore the topics below related to sales that give you an overview of the market.
How to invest in property in Cadoxton using Rightmove data
There is a fair amount of insight that you can gather from the city of Cadoxton by looking at Rightmove data. You can use all of this data in order to invest properly armed with the right information. To begin, let’s have a look at the most important data that someone looks for when evaluating an investment in the area, £0 is the average rental yield and the average asking rent is £867.
The average for these figures are 4.4% and £1,143 respectively. You can make an investment work in any area and there is even less you won’t have to worry about these figures if you are buying to live in this home. So, look at the below figures with an element of reason and be prepared to make changes to the rent using a
section 13 rent increase as a landlord if there are changes in the economy and the cost to run a property goes up.
|Number of bedrooms||Average asking rent|
|2||no relevant data for this city|
|3||no relevant data for this city|
|4||no relevant data for this city|
|5||no relevant data for this city|
Linking rental yields with Rightmove property listings in Cadoxton
Rental yield in Cadoxton 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 Cadoxton’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.
In the area, using Rightmove data, what are most people selling their property for?
By looking at the below table taken from Rightmove data, you can gain great insights into the property market of Cadoxton. With an overall sold price of approximately £152,688, 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|
An overview of Cadoxton property in Rightmove from an investment perspective
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 nan in Cadoxton.
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 7%. Also comparing this data to an area slightly bigger, such as Wales by visiting our page for this, you can find additional data to help you on your search too.
On Rightmove, how many planning permission applications are there based in Cadoxton?
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 Cadoxton, this number is 4 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 Cadoxton, you may be able to do the same and make some money.
How much green space do properties have in Cadoxton according to Rightmove?
In Cadoxton, the available data reveals that there are 16.6 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.
How many HMOs are licenced in the city of Cadoxton on Rightmove?
When it comes to renting in Cadoxton, it’s important to consider the average asking price for a House in Multiple Occupation (HMO), which is no relevant data for this city. This data is particularly valuable for individuals seeking affordable rental options or like the idea of renting with housemates. If you are looking for more of an expensive property, there are no relevant data for this city HMO properties with an ensuite too. Contrary to what you may believe, not all HMOs have to be cramped with a lack of space. A HMO with an ensuite will mean you won’t have to come out of your room to use the bathroom, making things very convenient.
According to the most recent Rightmove data, there are a total of nan licensed HMOs in Cadoxton, giving you an idea of the variety and options available in the market.
Properties to Rent in Cadoxton on Rightmove
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.
Cadoxton’s demographics and income insights based on Rightmove data
Within the city of Cadoxton, the population amounts to 21733 individuals. Among these residents, it is notable that approximately 17% hold a higher-level educational degree. Furthermore, the average household income in the area stands at £43,558.33. 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.
What is the outlook for social rent and affordable housing according to Rightmove in Cadoxton?
There is often a negative stigma attached to affordable housing and social rent. If you are looking for Rightmove data concerning this, the percentage of people renting from the government is: 26%. Also, in Cadoxton, the average amount that people earn per household is £43,558.33. These are not standalone figures so it is important to compare this data to other factors such as the crime rate and also visit an area in person to truly see what it is like. Take these figures with a pinch of salt as there are areas that are unsafe in the UK where people earn a higher wage such as some areas in Central London. On the other hand, there are places with high amounts of social rent where crime rate isn’t high at all like in Ardwick, Manchester. People earn a humble average household income of £30,450 yet the rate of crime is just 1 out of every 1000 people.
What is the average property price in Cadoxton on Rightmove?
At present, within the confines of Cadoxton, the mean price for houses listed for sale is £152,688.
Does exploring properties on Rightmove within Cadoxton come with any fees you may not be aware of?
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 Cadoxton?
In Cadoxton, the prevailing crime rate results in 14500% 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 Cadoxton as reported by listing portals?
To comprehend the insights extracted from listing portals like Rightmove begin by acknowledging that the ongoing frequency of houses sold each month equates to 17. To learn more about houses for sale and why this data is important
What’s the average cost of a three-bedroom property in Cadoxton as per Rightmove data?
The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.