In the UK, there is a lot that goes into deciding on the right place to buy. The decision gets even more complex if you are buying for an investment as you will have to think a bit more logically rather than thinking emotionally when buying a property. In this article, we go over what the Rightmove data looks like for the city of Donnington so you can make the best decisions and make money on your property purchases. Getting involved in one of the 38 property deals that come off the market each month.
According to Rightmove data from Donnington, what properties are renting?
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.
Analysing the rate of education in Donnington from Rightmove
When considering Donnington, its population reaches 76069 individuals. It is useful to note that around 25% of the residents have attained a higher level of education and the average household income in the area is £40,462.86. Renters should take note that if the percentage of degree holders exceeds the regional average of 22.6%, it suggests that your neighbours are likely to be higher earners. While other factors contribute to neighbour quality, observing educational levels remains valuable.
What is the level of Rightmove affordable housing and social rent in Donnington?
If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, 12% of individuals in Donnington rent from the government or housing associations compared to the national average of 20.7%.
In general, if the percentage of people who have government housing is below the national average, you are more likely to see smaller houses. This may not be a bad thing as it all depends on personal preference and there are also other factors that contribute to the general feel of the area like household income which is £40,462.86. Most people in the Uk earn around £34,000 which is convenient for comparison.
How many HMOs are licenced in the city of Donnington on Rightmove?
In Donnington, 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 Donnington is currently £614, usually slightly above what is asked to rent a normal room without an ensuite in a HMO.
By analysing Rightmove in Donnington, is there a lot of green, outdoor space?
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 Donnington, this is 24.4. Compare this figure of 6 which is recommended to have and the data for Donnington to tell how much green space is around.
On Rightmove, how are properties listed for sale?
Linking rental yields with Rightmove property listings in Donnington
Donnington 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 Donnington, is worked out by dividing the net rental income of a property by the purchase price.
Investment analysis of Rightmove property in Donnington
As you delve into the property landscape of Donnington 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 38. 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 1.27. Every decade population change should also be considered. This figure stands at 7% 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.
The greater the number of sales per month in the area of Donnington, 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 Donnington’s Rightmove data, what are the number of planning permission applications?
82 out of every 100 applications for planning permission in the UK results in a success according to recent data. When it comes to Donnington, the people who own homes in this area have a rate of planning success of nan. Individuals usually seek to modify their properties and apply for planning permission whenever they are trying to increase the value of a home.
This means investors should take note of this data in Donnington. An above-average success rate indicates that property renovations have been proven to work and are repeatable or it could mean that a lot of the properties in the area are very simple in design. This presents an opportunity for investors to assess successful strategies in the area and adopt similar approaches and of the 18 that take place each month, this is likely the case a lot of the time.
Property investment opportunities presented on Rightmove in the city of Donnington
In the area, average asking rents are around £927. This tends to differ depending on the size of the property you are buying and the number of rooms they have. You can read more about these metrics below. For reference, the yields in the area are £0.
Combining the data of yield with the price of rent can give you a good idea about the types of investments in the area. For instance, if a property has a low yield and also low rents, it is likely a lower return, single family buy to let in a less in demand area of Donnington.
|Average asking rent||Number of bedrooms in house|
|no relevant data for this city||5|
In the area, using Rightmove data, what are most people selling their property for?
By looking at the below table taken from Rightmove data, you can gain great insights into the property market of Donnington. With an overall sold price of approximately £249,679, 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|
Frequently asked Questions
Uncover the typical property asking price in Donnington through Rightmove data.
The mean property value in the UK is £286k but is changing all the time. Meanwhile, in the local area of Donnington, the average cost of a home available for purchase is £249,679. You can compare these figures to see how far away this city is from the average.
Does exploring properties on Rightmove within Donnington come with any fees you may not be aware of?
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.
Based on Rightmove’s information, what’s the level of criminal activity in the Donnington area?
The current crime rate in Donnington is such that 10450% incidents are recorded for every 1000 residents.
How many monthly property sales does Donnington witness according to listing platforms?
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 38. 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.
According to Rightmove, what’s the mean price of a three-bedroom property in Donnington?
Properties with three bedrooms command an average asking price of £1,228. This can be juxtaposed with the mean property price of the entire united kingdom which is £286,000. Or, for a more accurate figure, you can compare it to the average price of a three bed property in the UK which is £283,706.