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 Christchurch, aiming to guide your investment decisions.
It’s worth noting that currently, 13 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.
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Properties for sale in Christchurch on Rightmove
Every month, properties are sold on the platform of Rightmove in Christchurch and you can explore the topics below related to sales that give you an overview of the market.
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 Christchurch. With an overall sold price of approximately £239,369, according to Rightmove and further listing platforms such as Zoopla, buyers can now make an informed decision as to whether this suits their budget.
Class of property | Average sale |
---|---|
Flat | no relevant data for this city |
Terraced house | £136,795 |
Semi-detached house | £173,484 |
detached house | £263,583 |
An overview of Christchurch property in Rightmove from an investment perspective
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 East of England. However, you can find data for the wider region here.
Data for Christchurch | Average for the UK | |
---|---|---|
Turnover | nan | 19% |
Property sales per month | 13 | 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 East of England.
Is it important to look at yield in Christchurch in further detail?
Christchurch averages at no relevant data for this city for rental yield and this should be looked at in comparison with the average for the UK which tends to fluctuate around 4.4%. Having said this, rental yields can drop as low as 1% in the central areas of London and rise to as high as 9% in areas with high rental demand such as Stoke.
Yield, which is no relevant data for this city in Christchurch, is worked out by dividing the net rental income of a property by the purchase price.
Property investment opportunities presented on Rightmove in the city of Christchurch
Rightmove data can tell you a lot about the average asking rents of the area of Christchurch. 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 no relevant data for this city 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 no relevant data for this city.
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 |
PE14 | 1 |
In Christchurch, what are the number of planning permission applications on Rightmove?
The city of Christchurch, according to Rightmove listings, has a commendable planning success rate of 88% and there are around 16 that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Christchurch.
In Christchurch, what property are people trying to rent on Rightmove?
Analysing the rate of education in Christchurch from Rightmove
Within the city of Christchurch, the population amounts to 20847 individuals. Among these residents, it is notable that approximately 14% hold a higher-level educational degree. Furthermore, the average household income in the area stands at £47,861.29. 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.
What is the level of Rightmove affordable housing and social rent in Christchurch?
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: 11%. Also, in Christchurch, the average amount that people earn per household is £47,861.29. 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.
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.
From Rightmove listings, what is the availability of green space in Christchurch
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 Christchurch, the current data indicates that there are 18.0 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.
In the city of Christchurch, regarding Rightmove, what would it look like living in a HMO?
In Christchurch, of the total number of licensed HMOs (80) 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 Christchurch 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.
Frequently Asked Questions by Rightmove users
What is the average property price in Christchurch on Rightmove?
The average property price for the UK currently stands at £286,000. In the local area of Christchurch, the average price of a house for sale in the area is £239,369
When utilising Rightmove for finding property in Christchurch, are there any charges to consider?
Costs that landlords should look out for include the rate of stamp duty, costs of renovation and also what the landlord deductible expenses are in a property based on if the property is a limited company or listed in your personal name.
Is there a lot of crime in the area of Christchurch according to Rightmove?
The city of Christchurch currently has a crime rate where for every 1000 people who live there 65 commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.
What are the house sales per month in Christchurch?
To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, you can look at the houses sold each month which is 13. Typically, the higher this figure is, the more likely it is that this area is highly sought after and there is a strong buyer demand. Check out the property sales in a similar area in order to find a comparison.
On Rightmove, how much does a three-bed property typically cost in Christchurch?
The average cost to rent a property with three bedrooms is no relevant data for this city. This can be weighed against the average property price trends.
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