An outlook on houses for rent and sale on Rightmove in Carleton

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 Carleton, aiming to guide your investment decisions.
It’s worth noting that currently, 23 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.

According to Rightmove data in Carleton, is it worth moving into a HMO?

In Carleton, of the total number of licensed HMOs (nan) 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 Carleton is currently £426, usually slightly above what is asked to rent a normal room without an ensuite in a HMO.

How much green space do properties have in Carleton according to Rightmove?

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 Carleton, this is 19.8. Compare this figure of 6 which is recommended to have and the data for Carleton to tell how much green space is around.

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

In Carleton, 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 14% in Carleton. And they have an average household income of £41,107.55. 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.

If you are looking to rent a property, consider the data below that will help you decide on renting your next premises.

Understanding education levels in the area of Carleton

Within the city of Carleton, the population amounts to 84577 individuals. Among these residents, it is notable that approximately 21% hold a higher-level educational degree. Furthermore, the average household income in the area stands at £41,107.55. 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.

On Rightmove, how are properties listed for sale?

How Rightmove listings in Carleton help you make an investment

In Carleton, the average asking rent in the area is £655 and there is a table below that goes over the asking rent for every type of property there is. Also, in Carleton, 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.

Is it important to look at yield in Carleton in further detail?

As you may be aware, rental yield is an extremely important metric to judge how effective a property is in terms of producing a return on investment. In the city of Carleton, there is an average of £0 for rental yield.
Carleton can be compared to the rest of the UK that tends to have an average of around 4.4% yield where the higher the yield the higher the return on the amount of money in the deal. This is because the area’s rental yield of £0 is first worked out by multiplying the monthly rent by twelve to find the annual rent. Then, you take away the associated costs of the property from the annual rental income to find the net rent. This net rent can then be divided by the purchase price and multiplied by 100 to find the rental yield as a percentage.

In the area, using Rightmove data, what are most people selling their property for?

Using Rightmove, there is an average sold price of property that is £167,273 in Carleton. The average sold price provides a benchmark for understanding property values in the area and you may want to look at a more detailed overview of individual types of property below.

Exploring Carleton’s real estate investment potential on Rightmove

When contemplating an investment property, you can look at the figures of turnover, the number of sales there are every month in the area, and the population change over ten years. The below table is related to the city rather than the wider area of North East. However, you can find data for the wider region here.

It is worth noting that the figures above will be useful if you compare them to the wider region of the UK of North East.

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

On Rightmove, how many planning permission applications are there based in Carleton?

Applying for planning permission in Carleton 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 Carleton too, there is a decent amount of opportunity to buy, renovate and make a profit.

What are some frequently asked questions?

Discover the mean property value in Carleton as reported on Rightmove.

In Carleton, the mean price for residential properties up for sale is £167,273. The mean price for the average property valuation across the UK is £286,000.

When utilising Rightmove for finding property in Carleton, are there any charges to consider?

Landlords need to be vigilant about various expenses, including stamp duty rates, capital gains tax, renovation expenditures, and the deductible costs applicable to properties in a personal name. (relevant for UK property)

Based on Rightmove’s information, what’s the level of criminal activity in the Carleton area?

The city of Carleton currently has a crime rate where for every 1000 people who live there 12500% commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.

In Carleton, how many sales per month are there according to listing portals?

To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, consider that 23 properties are being sold every month.

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

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