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 Dalston, aiming to guide your investment decisions.
It’s worth noting that currently, 16 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 Dalston on Rightmove
Understanding education levels in the area of Dalston
In the city of Dalston, the population is 107539. Out of all of these people, it is worth noting the education level. 43% have a degree (a higher level educational degree). Also, the average household income of the area is £54,216.99. This is important to understand for renters as if the degree level is above the average of 22.6%, your neighbours will likely be higher earners. This is not always the case and there are still other factors that determine the quality of your neighbours but taking a note of the degree is always useful.
If you are looking to rent a property, consider the data below that will help you decide on renting your next premises.
What is the Rightmove data regarding social rent and affordable housing in Dalston?
Through some digging, we found the level of social rent in the area. Currently, this figure is 41% as the percentage of people who are leasing directly from the government. In the area of Dalston, the average household income is £54,216.99 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.
On Rightmove, how are properties listed for sale?
On average and according to Rightmove data, what do properties sell for?
Using Rightmove, there is an average sold price of property that is £607,534 in Dalston. 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|
|detached house||no relevant data for this city|
Dalston’s rental yield on Rightmove explained
Rental yield is simply the annual amount of rent that is made from a property after expenses calculated as a percentage. As of 2023, the yield of Dalston is £0.
It is a wise idea to compare this figure to the rest of the UK. Areas with extremely high yields can get as high as 10% but on the low end where property is very expensive such as in Chelsea, London, yields can be as low as 1%. So use the figure of £0 for comparison.
Usually, when looking to invest in Dalston, landlords look for a mix of appreciation and high yields but the gains from capital appreciation aren’t realised until the property is sold.
How to invest in property in Dalston using Rightmove data
In Dalston, the average asking rent in the area is £2,057 and there is a table below that goes over the asking rent for every type of property there is. Also, in Dalston, the average yield of properties is £0. A figure that can be used as a metric to gauge how profitable an investment is and compared to the national average of 4.4%.
See the table for a more extensive breakdown of how average asking rent is distributed.
|Number of bedrooms||Average asking rent|
|5||no relevant data for this city|
|4||no relevant data for this city|
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 Dalston to other regions.
From Dalston’s Rightmove data, what are the number of planning permission applications?
Applying for planning permission in Dalston is something landlords tend to do if they want to add some value to their home. As of this month, there were 12 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 Dalston too, there is a decent amount of opportunity to buy, renovate and make a profit.
Investment analysis of Rightmove property in Dalston
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 16 properties are sold each month), you can work out the turnover too, which is 1.05 in Dalston.
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 17%. Also comparing this data to an area slightly bigger, such as Greater London by visiting our page for this, you can find additional data to help you on your search too.
What are the number of HMOs on Rightmove that are licenced in the area of Dalston?
When it comes to renting in Dalston, 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 £930 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 Dalston, giving you an idea of the variety and options available in the market.
From Rightmove listings, what is the availability of green space in Dalston
In Dalston, the available data reveals that there are 13.1 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.
Frequently asked Questions
Discover the mean property value in Dalston as reported on Rightmove.
The average property price for the UK currently stands at £286,000. In the local area of Dalston, the average price of a house for sale in the area is £607,534
When utilising Rightmove for finding property in Dalston, 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.
According to Rightmove data, how prevalent is crime in Dalston’s vicinity?
The ongoing crime rate in Dalston indicates 17950% instances for every 1000 citizens.
In Dalston, how many sales per month are there according to listing portals?
To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, consider that 16 properties are being sold every month.
On Rightmove, how much does a three-bed property typically cost in Dalston?
The mean asking price for a property featuring three bedrooms stands at £2,498.