Rightmove properties listed in the city of Cardiff

Deciding on the right property to purchase in the UK is a big deal. The decision to rent and where to rent is also a huge decision too. This article goes over the Rightmove data related to Cardiff and analyses just how good of an area it is to find somewhere to buy or to rent.
By the end of the article, you should be able to make an informed decision and pick from the list of properties to rent or the 13 number of properties that are sold.

In Cardiff, what property are people trying to rent on Rightmove?

In Cardiff, here’s what Rightmove data says about social rent and affordable housing

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 26% in Cardiff. And they have an average household income of £43,558.33. 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.

To rent a property, the below subheadings go over everything relevant for those looking to rent out a house.

Understanding education levels in the area of Cardiff

In the city of Cardiff, the population is 315480. Out of all of these people, it is worth noting the education level. 35% have a degree (a higher level educational degree). Also, the average household income of the area is £43,558.33. 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.

On Rightmove and in Cardiff, how many HMOs are licenced?

Currently, the number of licensed HMOs stands at nan that come at an average price to rent of no relevant data for this city. You can also see the difference between the price of a standard HMO room and the average price of a HMO room with an ensuite which is £516.
This should give you an indication if it is worth the difference in price to upgrade to a room with a bathroom in Cardiff. Understanding where is best to rent in Cardiff involves considering the average asking price for a House in Multiple Occupation (HMO) and comparing this to normal rents.

How much outdoor space is there in Cardiff?

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 Cardiff, this is 16.6. Compare this figure of 6 which is recommended to have and the data for Cardiff to tell how much green space is around.

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

In terms of the number of planning permission applications on Rightmove, what should there be in Cardiff?

Applying for planning permission in Cardiff is something landlords tend to do if they want to add some value to their home. As of this month, there were 4 planning applications out of the 8,000 that roughly occur every month nationally. In order to further understand this figure, compare how large the population of the area is to this figure too.
The planning success rate of these applications is nan and the higher this is and the greater it is above the average success of 82%, the more likely it is that landlords are conducting easy renovations. This may therefore indicate that if you are looking to invest in property yourself in Cardiff too, there is a decent amount of opportunity to buy, renovate and make a profit.

Property investment opportunities presented on Rightmove in the city of Cardiff

There is a fair amount of insight that you can gather from the city of Cardiff 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 £1,053.

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.

What are properties sold for on average on Rightmove?

By looking at the below table taken from Rightmove data, you can gain great insights into the property market of Cardiff. With an overall sold price of approximately £235,098, according to Rightmove and further listing platforms such as Zoopla, buyers can now make an informed decision as to whether this suits their budget.

Looking to buy a house? Rightmove offers a diverse selection of properties for sale. Some of these listings are sold to homeowners and some are sold to investors looking to make a return. Check out more data related to properties for sale in other areas by checking out our list of properties that are for sale throughout the UK if you are interested in comparing Cardiff to other regions.

A look into Rightmove’s Cardiff 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 13 properties are sold each month), you can work out the turnover too, which is 0.92 in Cardiff.



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 8%. 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.

A deep dive into rental yield and how this impacts Cardiff

A serious investor will know what yield is and how to work it out. The formula is true for Cardiff and everywhere else in the UK. Simply calculate net rental yield and the purchase price of the home and then divide the former by the latter. When this calculation is done, for Cardiff the figure is £0.
This £0 as a percentage is essentially the amount of money that a landlord makes from the deal in relation to the amount of money they have invested. Take a look at other calculations too like return on capital invested to get a return that is comparable to a direct “return on investment” calculation such as that of a bank.

FAQ

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

Currently, the average worth of a property in the UK stands at £286,000. Focusing locally on Cardiff, the mean selling price for houses in the area is £235,098. 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.

On Rightmove, are there any hidden costs when searching for property in the city of Cardiff?

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.

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

The city of Cardiff currently has a crime rate where for every 1000 people who live there 17471% commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.

What are the house sales per month in Cardiff?

To comprehend the insights extracted from listing portals like Rightmove begin by acknowledging that the ongoing frequency of houses sold each month equates to 13. To learn more about houses for sale and why this data is important

According to Rightmove, what’s the mean price of a three-bedroom property in Cardiff?

The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.