In this overview, we’ll delve into the Rightmove data for East Portlemouth, 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 2 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.
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Properties to Rent in East Portlemouth on Rightmove
What is the level of Rightmove affordable housing and social rent in East Portlemouth?
Through some digging, we found the level of social rent in the area. Currently, this figure is 13% as the percentage of people who are leasing directly from the government. In the area of East Portlemouth, the average household income is £39,730.00 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.
Analysing the rate of education in East Portlemouth from Rightmove
In the city of East Portlemouth, the population is 2046. Out of all of these people, it is worth noting the education level. 33% have a degree (a higher level educational degree). Also, the average household income of the area is £39,730.00. 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.
Properties for sale in East Portlemouth on Rightmove
Every month, properties are sold on the platform of Rightmove in East Portlemouth and you can explore the topics below related to sales that give you an overview of the market.
What are properties sold for on average on Rightmove?
By looking at the below table taken from Rightmove data, you can gain great insights into the property market of East Portlemouth. With an overall sold price of approximately £692,326, 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 | £579,622 |
| Terraced house | £513,059 |
| Semi-detached house | £473,883 |
| detached house | £870,939 |
In East Portlemouth, analysing Rightmove, 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 East Portlemouth, 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 East Portlemouth. 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 3 that take place each month, this is likely the case a lot of the time.
Exploring East Portlemouth’s real estate investment potential on Rightmove
In the area of East Portlemouth, Rightmove records consistent sales of 2 properties each month, generating an average yearly turnover of nan. This turnover is just from property sales relative to the properties that there already are and 5% is the population change over ten years.
All of these pieces of data should be looked at as a whole and considered based on what you are looking for as an investor. For example, if an area’s population is declining and their turnover is above average (22%), it could indicate that there are a large number of people moving out of the area.
Sometimes, you aren’t able to find the right property in your area on Rightmove. So, check out if you want to keep looking in your wider UK region of South West by looking at further houses for sale here.
East Portlemouth’s rental yield on Rightmove explained
Rental yield in East Portlemouth is no relevant data for this city as of 2023. However, this is not to say that there are not higher yields out there. When the economy was favourable for property in 2018. Yields were as high as 11% in places like Sheffield in some cases. However, an average, yet respectable figure you can expect from a property in the UK is around 4.4% so you can compare East Portlemouth’s yield of no relevant data for this city to see if you are above or below.
It is useful to note that even though a property may have a below average rental yield, it can still benefit from capital appreciation over time and this profit can be taken when the property is sold.
How Rightmove listings in East Portlemouth help you make an investment
In East Portlemouth, the average asking rent in the area is no relevant data for this city and there is a table below that goes over the asking rent for every type of property there is. Also, in East Portlemouth, the average yield of properties is no relevant data for this city. 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 |
| 3 | no relevant data for this city |
| 2 | no relevant data for this city |
| 1 | TQ8 |
What are the number of HMOs on Rightmove that are licenced in the area of East Portlemouth?
In East Portlemouth, 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 East Portlemouth 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.
By analysing Rightmove in East Portlemouth, is there a lot of green, outdoor space?
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 East Portlemouth, the current data indicates that there are 17.1 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.
Frequently Asked Questions by Rightmove users
Discover the mean property value in East Portlemouth as reported on Rightmove.
At present, within the confines of East Portlemouth, the mean price for houses listed for sale is £692,326.
In the process of property hunting on Rightmove in East Portlemouth, do hidden costs come into play?
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 substantial criminal activity in the area around East Portlemouth as indicated by Rightmove?
The ongoing crime rate in East Portlemouth indicates 5400% instances for every 1000 citizens.
In East Portlemouth, how many sales per month are there according to listing portals?
To interpret the insights drawn by listing portals like Rightmove, begin by recognizing that the ongoing rate of houses sold per month is counted at 2 as of recent data.
On Rightmove, how much does a three-bed property typically cost in East Portlemouth?
The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.
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