In this overview, we’ll delve into the Rightmove data for Chapmore End, providing insight into Rightmove data and how this data can aid you in a profitable property purchase. Making a decision on where to buy property is an exciting opportunity and a milestone for a lot of people.
Also, knowing that there are 25 properties sold every month in the area should give you an idea of how often properties are selling and what kind of opportunity there is.
According to Rightmove data in Chapmore End, is it worth moving into a HMO?
The average asking price for a House in Multiple Occupation (HMO) in Chapmore End is no relevant data for this city. Understanding this information is essential for anyone interested in saving some money on rent because Houses of Multiple Occupancy tend to be cheaper to rent than any other type of property.
By opting for shared living arrangements within a HMO, you can also get an ensuite in your room too. The average price of a room with an ensuite in a HMO in the city of Chapmore End is £699 and there are also nan in the area in total. This number of licenced HMO properties should be looked at in relation to the fact there are 56,000 properties that are licenced in the whole of the UK so you can see how much this area contains.
From Rightmove listings, what is the availability of green space in Chapmore End
Green space is highly recommended for everyone’s well-being, but it is often compromised. Urban areas, in particular, tend to have insufficient green space compared to the recommended benchmark of 6 acres per thousand people according to Fields in Trust seen here. In Chapmore End, the current data indicates that there are 31.5 acres of green space available per thousand residents. By comparing this figure to the recommended standard of 6, we can assess the adequacy of green space in the area based on Rightmove data.
Properties to Rent in Chapmore End on Rightmove
Analysing the rate of education in Chapmore End from Rightmove
In the city of Chapmore End, the population is 29700. Out of all of these people, it is worth noting the education level. 30% have a degree (a higher level educational degree). Also, the average household income of the area is £50,545.24. 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.
What is the level of Rightmove affordable housing and social rent in Chapmore End?
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: 9%. Also, in Chapmore End, the average amount that people earn per household is £50,545.24. 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.
To rent a property, the below subheadings go over everything relevant for those looking to rent out a house.
In Chapmore End, what does the property sales data look like based on Rightmove?
Chapmore End’s rental yield on Rightmove explained
Rental yield is simply the annual amount of rent that is made from a property after expenses calculated as a percentage. As of 2023, the yield of Chapmore End is £0.
It is a wise idea to compare this figure to the rest of the UK. Areas with extremely high yields can get as high as 10% but on the low end where property is very expensive such as in Chelsea, London, yields can be as low as 1%. So use the figure of £0 for comparison.
Usually, when looking to invest in Chapmore End, landlords look for a mix of appreciation and high yields but the gains from capital appreciation aren’t realised until the property is sold.
Property investment opportunities presented on Rightmove in the city of Chapmore End
Rightmove data can tell you a lot about the average asking rents of the area of Chapmore End. For example, the table below goes over how rents are distributed according to the number of rooms in the property. Also, the national figure for rental yield that is most common is 4.4%. The £0 which is the average yield of rent in the area can be compared for reference.
Read on to see what kind of rent you are looking to charge if you bought a property to see what size is best. Bear in mind as you do so that the average amount of rent that is asked for is £1,185.
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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 Chapmore End to other regions.
In terms of the number of planning permission applications on Rightmove, what should there be in Chapmore End?
The city of Chapmore End, according to Rightmove listings, has a commendable planning success rate of nan and there are around 11 that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Chapmore End.
Exploring Chapmore End’s real estate investment potential on Rightmove
When considering buying a house for an investment in the area of East of England, 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 25. 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 Chapmore End it is 0.92. Finally, a growing population is always a good sign. The change in population that has happened over the last decade has been 11%. So, you can make of that as you will.
Average sold prices of properties on Rightmove
By looking at the below table taken from Rightmove data, you can gain great insights into the property market of Chapmore End. With an overall sold price of approximately £392,994, according to Rightmove and further listing platforms such as Zoopla, buyers can now make an informed decision as to whether this suits their budget.
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What questions are asked most frequently?
What is the average property price in Chapmore End on Rightmove?
In Chapmore End, the mean price for residential properties up for sale is £392,994. The mean price for the average property valuation across the UK is £286,000.
In the process of property hunting on Rightmove in Chapmore End, do hidden costs come into play?
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)
Does Rightmove data indicate a high occurrence of crime in the vicinity of Chapmore End?
The city of Chapmore End currently has a crime rate where for every 1000 people who live there 6300% commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.
How many monthly property sales does Chapmore End witness according to listing platforms?
To comprehend the insights extracted from listing portals like Rightmove begin by acknowledging that the ongoing frequency of houses sold each month equates to 25. To learn more about houses for sale and why this data is important
What’s the average cost of a three-bedroom property in Chapmore End as per Rightmove data?
Properties with three bedrooms command an average asking price of £1,367. 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.