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 Chatcull 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 2 number of properties that are sold.
According to Rightmove data in Chatcull, is it worth moving into a HMO?
In Chatcull, 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 Chatcull is currently no relevant data for this city, usually slightly above what is asked to rent a normal room without an ensuite in a HMO.
By analysing Rightmove in Chatcull, is there a lot of green, outdoor space?
In Chatcull, the available data reveals that there are 23.8 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.
Properties for sale in Chatcull on Rightmove
It is worth noting that the more homes sell on a monthly basis, the more buyers and competition there tend to be. This figure for Chatcull is talked about below and in the following headings.
Average sold prices of properties on Rightmove
Using Rightmove, there is an average sold price of property that is £312,273 in Chatcull. 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.
|Property category||Average price of property|
In Chatcull, what are the number of planning permission applications on Rightmove?
Applying for planning permission in Chatcull 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 Chatcull too, there is a decent amount of opportunity to buy, renovate and make a profit.
How to invest in property in Chatcull using Rightmove data
There is a fair amount of insight that you can gather from the city of Chatcull 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, no relevant data for this city is the average rental yield and the average asking rent is no relevant data for this city.
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.
|Number of bedrooms||Average asking rent|
|2||no relevant data for this city|
|3||no relevant data for this city|
|4||no relevant data for this city|
|5||no relevant data for this city|
A look into Rightmove’s Chatcull 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 2 properties are sold each month), you can work out the turnover too, which is nan in Chatcull.
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 6%. Also comparing this data to an area slightly bigger, such as West Midlands by visiting our page for this, you can find additional data to help you on your search too.
Is it important to look at yield in Chatcull in further detail?
Rental yield in Chatcull is no relevant data for this city 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 Chatcull’s yield of no relevant data for this city 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.
Properties to Rent in Chatcull on Rightmove
To rent a property, the below subheadings go over everything relevant for those looking to rent out a house.
Analysing the rate of education in Chatcull from Rightmove
If you are renting or looking to rent, it is good practice to recognise if in the area you are searching, the people have higher incomes. The average household income in this area is £40,400.00 and this figure on a nationwide level has an average of £34,000. It is important to understand this because you want to be in a location that suits your taste and budget.
Chatcull’s demographics also reveal a population of 6045 individuals and a percentage of people with degrees falling at 32%. Keep this in mind too and compare it to the average percentage of degrees in the UK which is 22.6%. You don’t necessarily want to be around people you aren’t like or have nothing in common with.
What is the outlook for social rent and affordable housing according to Rightmove in Chatcull?
Through some digging, we found the level of social rent in the area. Currently, this figure is 7% as the percentage of people who are leasing directly from the government. In the area of Chatcull, the average household income is £40,400.00 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.
Frequently Asked Questions by Rightmove users
Discover the mean property value in Chatcull as reported on Rightmove.
Currently, the average worth of a property in the UK stands at £286,000. Focusing locally on Chatcull, the mean selling price for houses in the area is £312,273. 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 Chatcull?
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.
Is there a lot of crime in the area of Chatcull according to Rightmove?
In Chatcull, the prevailing crime rate results in 3800% occurrences for every 1000 residents. This contrasts with the nationwide average of 79.52 incidents for every 1000 individuals.
In Chatcull, 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 2. To learn more about houses for sale and why this data is important
What’s the usual price range for a three-bedroom property on Rightmove in Chatcull?
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.