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 Eaton, aiming to guide your investment decisions.
It’s worth noting that currently, 20 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.
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A list of properties for Sale in Eaton on Rightmove
How can property investments be made using Rightmove data?
There is a fair amount of insight that you can gather from the city of Eaton by looking at Rightmove data. You can use all of this data in order to invest properly armed with the right information. To begin, let’s have a look at the most important data that someone looks for when evaluating an investment in the area, £0 is the average rental yield and the average asking rent is £850.
The average for these figures are 4.4% and £1,143 respectively. You can make an investment work in any area and there is even less you won’t have to worry about these figures if you are buying to live in this home. So, look at the below figures with an element of reason and be prepared to make changes to the rent using a
section 13 rent increase as a landlord if there are changes in the economy and the cost to run a property goes up.
Number of bedrooms | Average asking rent |
---|---|
1 | NR2 |
2 | £850 |
3 | £1,022 |
4 | no relevant data for this city |
5 | £1,608 |
Exploring Eaton’s real estate investment potential on Rightmove
When contemplating an investment property, you can look at the figures of turnover, the number of sales there are every month in the area, and the population change over ten years. The below table is related to the city rather than the wider area of East of England. However, you can find data for the wider region here.
Data for Eaton | Average for the UK | |
---|---|---|
Turnover | 0.25 | 19% |
Property sales per month | 20 | 576,000 |
Population growth over 10 years | 9% | 6.5% |
It is worth noting that the figures above will be useful if you compare them to the wider region of the UK of East of England.
What are properties sold for on average on Rightmove?
When exploring the property market in Eaton, UK, there is a lot of information that can be gathered on listing platforms and on Rightmove. The average sold price across all property types is approximately £252,896, this provides valuable insight into market trends.
Refer to the table below for a detailed breakdown of sold prices across different property categories.
Property type | Average selling point |
---|---|
detached house | £493,596 |
Semi-detached house | £308,190 |
Terraced house | £251,317 |
Flat | £147,802 |
Eaton’s rental yield on Rightmove explained
A serious investor will know what yield is and how to work it out. The formula is true for Eaton and everywhere else in the UK. Simply calculate net rental yield and the purchase price of the home and then divide the former by the latter. When this calculation is done, for Eaton the figure is £0.
This £0 as a percentage is essentially the amount of money that a landlord makes from the deal in relation to the amount of money they have invested. Take a look at other calculations too like return on capital invested to get a return that is comparable to a direct “return on investment” calculation such as that of a bank.
A city such as Eaton 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.
In terms of the number of planning permission applications on Rightmove, what should there be in Eaton?
The city of Eaton, according to Rightmove listings, has a commendable planning success rate of nan and there are around 11 that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Eaton.
Will you be moving into somewhere with a lot of green space if you moved to Eaton?
In Eaton, the available data reveals that there are 19.4 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.
In the city of Eaton, regarding Rightmove, what would it look like living in a HMO?
The average asking price for a House in Multiple Occupation (HMO) in Eaton is no relevant data for this city. Understanding this information is essential for anyone interested in saving some money on rent because Houses of Multiple Occupancy tend to be cheaper to rent than any other type of property.
By opting for shared living arrangements within a HMO, you can also get an ensuite in your room too. The average price of a room with an ensuite in a HMO in the city of Eaton is £490 and there are also nan in the area in total. This number of licenced HMO properties should be looked at in relation to the fact there are 56,000 properties that are licenced in the whole of the UK so you can see how much this area contains.
According to Rightmove data from Eaton, what properties are renting?
What is the Rightmove data regarding social rent and affordable housing in Eaton?
Not everyone is inclined to purchase a house and in fact, some people are actually struggling with renting to the extent that they have to rent from the government. According to data scraped from Rightmove and listing portals that are popular in the UK, 25% of individuals in Eaton rely on government rent and the average household income in the district is £40,438.30.
Always visit an area too to find out what the area is truly like and compare these figures to the national averages of 22.6% (on social rent) and £34,000 (in household earnings per year). Most people prefer to live amongst people where their incomes are similar.
If you are a tenant, perhaps move in as a lodger in an excluded tenancy agreement instead of as an assured tenant. While you have fewer rights, a tenancy may be easier to secure.
How to examine income data from Rightmove for Eaton
In the city of Eaton, the population is 25782. Out of all of these people, it is worth noting the education level. 37% have a degree (a higher level educational degree). Also, the average household income of the area is £40,438.30. 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.
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.
FAQ
How much does the average property cost in Eaton according to Rightmove data?
The mean property value in the UK is £286k but is changing all the time. Meanwhile, in the local area of Eaton, the average cost of a home available for purchase is £252,896. You can compare these figures to see how far away this city is from the average.
Does exploring properties on Rightmove within Eaton come with any fees you may not be aware of?
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 Eaton?
The city of Eaton currently has a crime rate where for every 1000 people who live there 19000% commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.
What are the house sales per month in Eaton?
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 20. 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.
On Rightmove, what is the average price of a three-bed property in Eaton?
The average price for a property that has three bedrooms is £1,022. This can be compared to average property prices
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