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 Charlestown 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 33 number of properties that are sold.
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Properties to Rent in Charlestown on Rightmove
What is the level of Rightmove affordable housing and social rent in Charlestown?
Not everyone is inclined to purchase a house and in fact, some people are actually struggling with renting to the extent that they have to rent from the government. According to data scraped from Rightmove and listing portals that are popular in the UK, 11% of individuals in Charlestown rely on government rent and the average household income in the district is no relevant data for this city.
Always visit an area too to find out what the area is truly like and compare these figures to the national averages of 22.6% (on social rent) and £34,000 (in household earnings per year). Most people prefer to live amongst people where their incomes are similar.
If you are a tenant, perhaps move in as a lodger in an excluded tenancy agreement instead of as an assured tenant. While you have fewer rights, a tenancy may be easier to secure.
Looking to rent? Find the most valuable data points for the process of renting below. See our full list of areas in the UK with data from Rightmove if you want to compare these rents to other areas in the UK.
Concerning Rightmove, what is the education level like in Charlestown?
When considering Charlestown, its population reaches 97284 individuals. It is useful to note that around 22% of the residents have attained a higher level of education and the average household income in the area is no relevant data for this city. 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.
According to Rightmove data in Charlestown, is it worth moving into a HMO?
The average asking price for a House in Multiple Occupation (HMO) in Charlestown 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 Charlestown is £585 and there are also 53 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.
How much outdoor space is there in Charlestown?
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 Charlestown, the current data indicates that there are 32.6 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 for sale in Charlestown on Rightmove
In the area, using Rightmove data, what are most people selling their property for?
In the area of Charlestown in the UK, the average sold price of a property is around £191,780. This is based on the average of all of the types of property listed on Rightmove and other listing platforms. Take a look below to see how this average is made up:
| Type of property | Average sold price |
|---|---|
| detached house | £287,730 |
| Semi detached house | £202,357 |
| Terraced house | £168,298 |
| Flat | £123,338 |
A look into Rightmove’s Charlestown property as an Investment
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 Scotland. However, you can find data for the wider region here.
| Data for Charlestown | Average for the UK | |
|---|---|---|
| Turnover | 1.6 | 19% |
| Property sales per month | 33 | 576,000 |
| Population growth over 10 years | 4% | 6.5% |
It is worth noting that the figures above will be useful if you compare them to the wider region of the UK of Scotland.
A city such as Charlestown has a fair amount of houses for sale on Rightmove. In the following headings, we go over all the relevant data related to Rightmove so you can begin the process of buying a house. Figuring out the best type of property to buy is a difficult process so it is useful to see all the relevant information condensed in one place.
In Charlestown, what are the number of planning permission applications on Rightmove?
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 Charlestown, this number is 7 every month and the success rate for planning permission is 87%.
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 Charlestown, you may be able to do the same and make some money.
How can property investments be made using Rightmove data?
Rightmove data can tell you a lot about the average asking rents of the area of Charlestown. 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 £889.
| Asking rent | Bedrooms |
|---|---|
| no relevant data for this city | 5 |
| no relevant data for this city | 4 |
| no relevant data for this city | 3 |
| no relevant data for this city | 2 |
| DT4 | 1 |
Linking rental yields with Rightmove property listings in Charlestown
Rental yield in Charlestown 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 Charlestown’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.
Frequently Asked Questions by Rightmove users
In the city of Charlestown, what is the median property price?
Currently, the average worth of a property in the UK stands at £286,000. Focusing locally on Charlestown, the mean selling price for houses in the area is £191,780. 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.
When utilising Rightmove for finding property in Charlestown, are there any charges to consider?
Vigilance is key for landlords, encompassing factors like the stamp duty rate, renovation expenses, and the potential deductible costs based on whether the property is incorporated as a limited company or under your personal name.
Is there a lot of crime in the area of Charlestown according to Rightmove?
The city of Charlestown currently has a crime rate where for every 1000 people who live there 13700% commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.
In Charlestown, how many sales per month are there according to 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 33. To learn more about houses for sale and why this data is important
On Rightmove, what is the average price of a three-bed property in Charlestown?
For properties encompassing three bedrooms, the typical asking price hovers around no relevant data for this city. This can be contrasted with the mean property valuations.
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