35 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.
Calverley 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.
Properties to Rent in Calverley on Rightmove
To rent a property, the below subheadings go over everything relevant for those looking to rent out a house.
Calverley’s demographics and income insights based on Rightmove data
When considering Calverley, its population reaches 38405 individuals. It is useful to note that around 27% of the residents have attained a higher level of education and the average household income in the area is £38,322.37. Renters should take note that if the percentage of degree holders exceeds the regional average of 22.6%, it suggests that your neighbours are likely to be higher earners. While other factors contribute to neighbour quality, observing educational levels remains valuable.
What is the level of Rightmove affordable housing and social rent in Calverley?
If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, 11% of individuals in Calverley 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 £38,322.37. Most people in the Uk earn around £34,000 which is convenient for comparison.
According to Rightmove data in Calverley, is it worth moving into a HMO?
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 Calverley.
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 Calverley, 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.
From Rightmove listings, what is the availability of green space in Calverley
In Calverley, the available data reveals that there are 14.6 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.
Properties for sale in Calverley on Rightmove
In terms of the number of planning permission applications on Rightmove, what should there be in Calverley?
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 Calverley, this number is 25 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 Calverley, you may be able to do the same and make some money.
Investment analysis of Rightmove property in Calverley
In the area of Calverley, Rightmove records consistent sales of 35 properties each month, generating an average yearly turnover of 1.17. This turnover is just from property sales relative to the properties that there already are and 7% is the population change over ten years.
All of these pieces of data should be looked at as a whole and considered based on what you are looking for as an investor. For example, if an area’s population is declining and their turnover is above average (22%), it could indicate that there are a large number of people moving out of the area.
Sometimes, you aren’t able to find the right property in your area on Rightmove. So, check out if you want to keep looking in your wider UK region of North East by looking at further houses for sale here.
What is a commons purchase price for property on Rightmove?
When exploring the property market in Calverley, 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 £198,037, 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|
Calverley’s rental yield on Rightmove explained
Rental yield in Calverley 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 Calverley’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.
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 Calverley is talked about below and in the following headings.
How can property investments be made using Rightmove data?
In Calverley, the average asking rent in the area is £776 and there is a table below that goes over the asking rent for every type of property there is. Also, in Calverley, 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|
Frequently asked Questions
What is the average property price in Calverley on Rightmove?
Currently, the average worth of a property in the UK stands at £286,000. Focusing locally on Calverley, the mean selling price for houses in the area is £198,037. 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.
In the process of property hunting on Rightmove in Calverley, do hidden costs come into play?
Landlords should remain attentive to several financial considerations. These may include but are not limited to the costs of running the property, the rate of stamp duty and renovation costs.
Is there a lot of crime in the area of Calverley according to Rightmove?
The city of Calverley currently has a crime rate where for every 1000 people who live there 10600% commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.
What’s the frequency of property sales per month in Calverley as reported by listing portals?
To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, consider that 35 properties are being sold every month.
On Rightmove, how much does a three-bed property typically cost in Calverley?
Properties with three bedrooms command an average asking price of no relevant data for this city. This can be juxtaposed with the mean property price of the entire united kingdom which is £286,000. Or, for a more accurate figure, you can compare it to the average price of a three bed property in the UK which is £283,706.