In this overview, we’ll delve into the Rightmove data for Down Thomas, 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 23 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.
Will you be moving into somewhere with a lot of green space if you moved to Down Thomas?
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 Down Thomas, this is 17.1. Compare this figure of 6 which is recommended to have and the data for Down Thomas to tell how much green space is around.
What are the number of HMOs on Rightmove that are licenced in the area of Down Thomas?
In Down Thomas, 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 Down Thomas 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.
Properties to Rent in Down Thomas on Rightmove
Down Thomas’s demographics and income insights based on Rightmove data
Within the city of Down Thomas, the population amounts to 27946 individuals. Among these residents, it is notable that approximately 27% hold a higher-level educational degree. Furthermore, the average household income in the area stands at £39,730.00. 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 outlook for social rent and affordable housing according to Rightmove in Down Thomas?
If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, 5% of individuals in Down Thomas 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 £39,730.00. Most people in the Uk earn around £34,000 which is convenient for comparison.
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.
On Rightmove, how are properties listed for sale?
In terms of the number of planning permission applications on Rightmove, what should there be in Down Thomas?
In the UK, planning applications result in a success rate of 82% most of the time. In Down Thomas, people plan to make modifications to their properties and apply for planning permission with a planning success rate of 72%.
This is interesting data for investors in particular. An above average success indicates renovations are tried and tested and likely an investment from landlords. This is a great opportunity for investors to model what works in the area and do the same. On the other hand, a lower approval indicates there are more ambitious proposals in the area and of the 14 monthly planning applications in Down Thomas, property here is more difficult to conduct improvements on.
If you don’t want to deal with planning permission, consider buying a property as a leaseholder which means you don’t own the land and any planning permission is done by the freeholder who owns the land.
If you do this, you will have to look at when a leasehold expires as well as other disadvantages though. However, there are pros and cons of being a leaseholder or a freeholder. For instance, as a freeholder, you may have to evict a leaseholder in a process known as a forfeiture of lease. So, pay attention to the advantages and disadvantages and what path you actually want to go down.
Linking rental yields with Rightmove property listings in Down Thomas
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 Down Thomas 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 Down Thomas, landlords look for a mix of appreciation and high yields but the gains from capital appreciation aren’t realised until the property is sold.
A city such as Down Thomas has a fair amount of houses for sale on Rightmove. In the following headings, we go over all the relevant data related to Rightmove so you can begin the process of buying a house. Figuring out the best type of property to buy is a difficult process so it is useful to see all the relevant information condensed in one place.
A quick insight into Rightmove property Down Thomas
As you delve into the property landscape of Down Thomas in the region of South West, 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 23. 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 nan. Every decade population change should also be considered. This figure stands at 4% and positive changes generally show there is a growing population no matter if you are talking about a city or a wider region like South West.
Property investment opportunities presented on Rightmove in Down Thomas
Based on Rightmove, there is a lot of data you can gather about Down Thomas and there is a lot that can go towards making the decision to invest. So, the average rental yield of the area is £0. and the average asking rent based on Rightmove data is £987. In general, the higher this figure is for asking rent, the more the mortgage payments will likely be when you buy the property, hence the rental income has to go up in order to pay it off. It is also useful to find out the asking rent property by property. First of all, the average rent for a one bedroom property is PL9, for a two bed is, no relevant data for this city, a three bed is no relevant data for this city. Finally, a four bed average asking price is no relevant data for this city, and a five bed, no relevant data for this city. Comparing these prices should allow you to work out what property to buy based on your budget and the mortgage that fits the average asking rent.
What is a commons purchase price for property on Rightmove?
In the area of Down Thomas in the UK, the average sold price of a property is around £261,262. 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
What is the average property price in Down Thomas on Rightmove?
At present, within the confines of Down Thomas, the mean price for houses listed for sale is £261,262.
In the process of property hunting on Rightmove in Down Thomas, do hidden costs come into play?
Landlords need to be vigilant about various expenses, including stamp duty rates, capital gains tax, renovation expenditures, and the deductible costs applicable to properties in a personal name. (relevant for UK property)
Based on Rightmove’s information, what’s the level of criminal activity in the Down Thomas area?
The Down Thomas community presently experiences a crime rate where 4000% 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.
How many monthly property sales does Down Thomas witness according to listing platforms?
To comprehend the insights extracted from listing portals like Rightmove begin by acknowledging that the ongoing frequency of houses sold each month equates to 23. To learn more about houses for sale and why this data is important
On Rightmove, how much does a three-bed property typically cost in Down Thomas?
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.