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 Charlesworth, aiming to guide your investment decisions.
It’s worth noting that currently, 30 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.
Properties to Rent in Charlesworth on Rightmove
Not everyone wants to buy a house, in the below headings, we go over what is useful to know when renting a property instead. Consider paying letting agents fees if you don’t want to find tenants yourself. Also, once you have researched your area in detail, make sure you have the right AST to sign them with.
Understanding education levels in the area of Charlesworth
In the city of Charlesworth, the population stands at 46177 individuals. Among this population, it is noteworthy to consider the educational levels. Approximately 18% of the residents hold a higher-level educational degree.
Additionally, the average household income in the area amounts to £40,546.15. This information is significant for renters, as a higher percentage of degree holders compared to the regional average of 22.6% suggests that your neighbours are likely to be higher earners. While other factors influence neighbour quality too, considering the education level remains beneficial as you’d likely want to be around people you are similar to.
What is the Rightmove data regarding social rent and affordable housing in Charlesworth?
Through some digging, we found the level of social rent in the area. Currently, this figure is 12% as the percentage of people who are leasing directly from the government. In the area of Charlesworth, the average household income is £40,546.15 too. This is another figure to reference and compare to the £34,000 average national salary to see who is in financial hardship. You may wonder why it is necessary to have this information and the answer is because it’s important you live in an area that suits your income as life is generally more enjoyable when you pick somewhere to live amongst others in a similar situation.
In Charlesworth, what does the property sales data look like based on Rightmove?
A closer look at rental yield on Rightmove in Charlesworth
A serious investor will know what yield is and how to work it out. The formula is true for Charlesworth 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 Charlesworth 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.
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 £169,253 in Charlesworth. 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.
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Exploring Charlesworth’s real estate investment potential on Rightmove
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 30 properties are sold each month), you can work out the turnover too, which is nan in Charlesworth.
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 4%. Also comparing this data to an area slightly bigger, such as North West by visiting our page for this, you can find additional data to help you on your search too.
The greater the number of sales per month in the area of Charlesworth, the more it could be argued that the property market is improving. As you read on, consider this factor amongst others such as the type of property that is in the area.
From Charlesworth’s Rightmove data, what are the number of planning permission applications?
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 Charlesworth, this number is 8 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 Charlesworth, you may be able to do the same and make some money.
Property investment opportunities presented on Rightmove in the city of Charlesworth
Rightmove data can tell you a lot about the average asking rents of the area of Charlesworth. 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 £794.
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How much outdoor space is there in Charlesworth?
In Charlesworth, the available data reveals that there are 21.0 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.
In the city of Charlesworth, regarding Rightmove, what would it look like living in a HMO?
When it comes to renting in Charlesworth, it’s important to consider the average asking price for a House in Multiple Occupation (HMO), which is no relevant data for this city. This data is particularly valuable for individuals seeking affordable rental options or like the idea of renting with housemates. If you are looking for more of an expensive property, there are no relevant data for this city HMO properties with an ensuite too. Contrary to what you may believe, not all HMOs have to be cramped with a lack of space. A HMO with an ensuite will mean you won’t have to come out of your room to use the bathroom, making things very convenient.
According to the most recent Rightmove data, there are a total of nan licensed HMOs in Charlesworth, giving you an idea of the variety and options available in the market.
What questions are asked most frequently?
Uncover the typical property asking price in Charlesworth through Rightmove data.
The mean property value in the UK is £286k but is changing all the time. Meanwhile, in the local area of Charlesworth, the average cost of a home available for purchase is £169,253. You can compare these figures to see how far away this city is from the average.
When utilising Rightmove for finding property in Charlesworth, are there any charges to consider?
It’s essential for landlords to stay alert to an array of costs that you could be subject to as a landlord. These may include, stamp duty rates, costs that may come up due to renovation and also making sure they are aware of the things you can write off as a landlord in a limited company as opposed to your personal name.
Based on Rightmove’s information, what’s the level of criminal activity in the Charlesworth area?
The Charlesworth community presently experiences a crime rate where 100% infractions are documented for every 1000 inhabitants. A reference point is the national average of 79.52 incidents for every 1000 individuals. So, if the crime rate in the area is above this figure, there is more crime than usual. If it is below this figure then there is less crime than usual.
According to online listings, what’s the count of property transactions per month in Charlesworth?
To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, consider that 30 properties are being sold every month.
What’s the usual price range for a three-bedroom property on Rightmove in Charlesworth?
The average price for a property that has three bedrooms is £808. This can be compared to average property prices