Deciding on the right property to purchase in the UK is a big deal. The decision to rent and where to rent is also a huge decision too. This article goes over the Rightmove data related to Eglwys Fach and analyses just how good of an area it is to find somewhere to buy or to rent.
By the end of the article, you should be able to make an informed decision and pick from the list of properties to rent or the 6 number of properties that are sold.
On Rightmove in Eglwys Fach, what properties are available to rent?
In Eglwys Fach, here’s what Rightmove data says about social rent and affordable housing
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, 5% of individuals in Eglwys Fach rely on government rent and the average household income in the district is £39,257.14.
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.
Eglwys Fach’s demographics and income insights based on Rightmove data
In the city of Eglwys Fach, the population is 6913. Out of all of these people, it is worth noting the education level. 31% have a degree (a higher level educational degree). Also, the average household income of the area is £39,257.14. 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.
To rent a property, the below subheadings go over everything relevant for those looking to rent out a house.
On Rightmove, how are properties listed for sale?
How to invest in property in Eglwys Fach using Rightmove data
In the area, average asking rents are around no relevant data for this city. 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 no relevant data for this city.
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 Eglwys Fach.
|Average asking rent||Number of bedrooms in house|
|no relevant data for this city||5|
|no relevant data for this city||4|
|no relevant data for this city||3|
|no relevant data for this city||2|
On average and according to Rightmove data, what do properties sell for?
In the area of Eglwys Fach in the UK, the average sold price of a property is around £174,731. 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||£151,706|
|Flat||no relevant data for this city|
Is it important to look at yield in Eglwys Fach in further detail?
A serious investor will know what yield is and how to work it out. The formula is true for Eglwys Fach 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 Eglwys Fach the figure is no relevant data for this city.
This no relevant data for this city 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.
On Rightmove, how many planning permission applications are there based in Eglwys Fach?
The city of Eglwys Fach, according to Rightmove listings, has a commendable planning success rate of 88% and there are around 3 that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Eglwys Fach.
An overview of Eglwys Fach property in Rightmove from an investment perspective
In the area of Eglwys Fach, Rightmove records consistent sales of 6 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 1% 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 Wales by looking at further houses for sale here.
A city such as Eglwys Fach 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.
How many HMOs are licenced in the city of Eglwys Fach on Rightmove?
Currently, the number of licensed HMOs stands at 1 that come at an average price to rent of no relevant data for this city. You can also see the difference between the price of a standard HMO room and the average price of a HMO room with an ensuite which is no relevant data for this city.
This should give you an indication if it is worth the difference in price to upgrade to a room with a bathroom in Eglwys Fach. Understanding where is best to rent in Eglwys Fach involves considering the average asking price for a House in Multiple Occupation (HMO) and comparing this to normal rents.
How much green space do properties have in Eglwys Fach according to Rightmove?
Green space is universally recommended but unfortunately often compromised in various locations. In cities, the amount of green space often falls below the recommended threshold of 6 acres of green space per thousand people.
In Eglwys Fach, the current data indicates the presence of 28.1 acres of green space per thousand residents. By comparing this value to the recommended benchmark of 6, we can evaluate the sufficiency of green space in the area.
What questions are asked most frequently?
What is the average property price in Eglwys Fach on Rightmove?
At present, within the confines of Eglwys Fach, the mean price for houses listed for sale is £174,731.
On Rightmove, are there any hidden costs when searching for property in the city of Eglwys Fach?
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.
Based on Rightmove’s information, what’s the level of criminal activity in the Eglwys Fach area?
The ongoing crime rate in Eglwys Fach indicates 59 instances for every 1000 citizens.
In Eglwys Fach, 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 6 as of recent data.
What’s the average cost of a three-bedroom property in Eglwys Fach as per Rightmove data?
Properties with three bedrooms command an average asking price of no relevant data for this city. 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.