In this overview, we’ll delve into the Rightmove data for Collingtree, 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 22 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.
Properties for sale in Collingtree on Rightmove
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 Collingtree to other regions.
Is it important to look at yield in Collingtree in further detail?
Collingtree averages at £0 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 £0 in Collingtree, is worked out by dividing the net rental income of a property by the purchase price.
From Collingtree’s Rightmove data, what are the number of planning permission applications?
The city of Collingtree, according to Rightmove listings, has a commendable planning success rate of nan and there are around 12 that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Collingtree.
Exploring Collingtree’s real estate investment potential on Rightmove
As you delve into the property landscape of Collingtree in the region of West Midlands, Rightmove becomes an invaluable resource that provides data that can be looked at every month.
Some standard data that should be examined when trying to understand an area include the number of sales there are every month in the area, which falls at 22. Look at this in accordance with the population of the area, larger populations obviously will generally have more sales as there are more people living there and likely to sell their property. So, look at this as a factor and also check out this link to compare data for other cities in the area.
So, you can look at turnover which looks at property sales every year in relation to the number of houses that exist in the area anyway. Currently turnover is 1.05. Every decade population change should also be considered. This figure stands at no relevant data for this city and positive changes generally show there is a growing population no matter if you are talking about a city or a wider region like West Midlands.
On average and according to Rightmove data, what do properties sell for?
In the area of Collingtree in the UK, the average sold price of a property is around £272,935. 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
|Semi detached house
Property investment opportunities presented on Rightmove in Collingtree
Rightmove data can tell you a lot about the average asking rents of the area of Collingtree. 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 £997.
|no relevant data for this city
|no relevant data for this city
In Collingtree, what property are people trying to rent on Rightmove?
Sometimes, buying isn’t suitable for everyone. Fortunately, renting is also an option and there is a lot of data that can be gathered from Rightmove for this too.
Concerning Rightmove, what is the education level like in Collingtree?
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 £43,305.56 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.
Collingtree’s demographics also reveal a population of 46727 individuals and a percentage of people with degrees falling at 28%. 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 Rightmove data regarding social rent and affordable housing in Collingtree?
Through some digging, we found the level of social rent in the area. Currently, this figure is 11% as the percentage of people who are leasing directly from the government. In the area of Collingtree, the average household income is £43,305.56 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.
How many HMOs are licenced in the city of Collingtree on Rightmove?
Prospective tenants should be aware of the average asking price for a House in Multiple Occupation (HMO), which currently stands at no relevant data for this city.
Tenants should also consider how significant, if at all, the saving in rent is when comparing the price to rent in a normal house you do not have to share in Collingtree.
Renting an HMO can provide a more affordable alternative to traditional rental arrangements and for context, there are a predicted 13,500 licenced HMOs in London. In Collingtree, there are nan for comparison so you are able to tell how abundant this type of property is.
Do not think that all HMOs have to be small rooms with a lack of space either, you also have the option to rent out a HMO with an ensuite. The average rents for this type of room stands at £524.
How much outdoor space is there in Collingtree?
Green space is something that is recommended to everyone to have but then again, it is often compromised in a lot of locations. For instance, in cities, the amount of green space is often well below the recommended figure of 6 acres of green space for every thousand people. In Collingtree, this is 19.8. Compare this figure of 6 which is recommended to have and the data for Collingtree to tell how much green space is around.
Frequently Asked Questions by Rightmove users
Discover the mean property value in Collingtree as reported on Rightmove.
Currently, the average worth of a property in the UK stands at £286,000. Focusing locally on Collingtree, the mean selling price for houses in the area is £272,935. 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 Collingtree, 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.
Does Rightmove data indicate a high occurrence of crime in the vicinity of Collingtree?
The Collingtree community presently experiences a crime rate where 10000% 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.
What are the house sales per month in Collingtree?
To comprehend the insights extracted from listing portals like Rightmove begin by acknowledging that the ongoing frequency of houses sold each month equates to 22. To learn more about houses for sale and why this data is important
What’s the average cost of a three-bedroom property in Collingtree as per Rightmove data?
The average price for a property that has three bedrooms is £957. This can be compared to average property prices