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 Farnborough, aiming to guide your investment decisions.
It’s worth noting that currently, 19 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.
How many HMOs are licenced in the city of Farnborough on Rightmove?
When it comes to renting in Farnborough, it’s important to consider the average asking price for a House in Multiple Occupation (HMO), which is no relevant data for this city. This data is particularly valuable for individuals seeking affordable rental options or like the idea of renting with housemates. If you are looking for more of an expensive property, there are £593 HMO properties with an ensuite too. Contrary to what you may believe, not all HMOs have to be cramped with a lack of space. A HMO with an ensuite will mean you won’t have to come out of your room to use the bathroom, making things very convenient.
According to the most recent Rightmove data, there are a total of nan licensed HMOs in Farnborough, giving you an idea of the variety and options available in the market.
From Rightmove listings, what is the availability of green space in Farnborough
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 Farnborough, the current data indicates that there are 23.1 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.
Home listings in Farnborough on the platform of Rightmove
Investment analysis of Rightmove property in Farnborough
When weighing up an investment property, take into careful consideration the data provided by Rightmove as if you use them the right way, you can really use them to make informed decisions.
By closely examining the monthly property sales volume in the area and looking at this in relation to the number of homes there are (currently 19 properties are sold each month), you can work out the turnover too, which is nan in Farnborough.
Even if these figures appear to be positive, it is still worth looking at other factors like the population difference over ten years which is 14%. Also comparing this data to an area slightly bigger, such as South East by visiting our page for this, you can find additional data to help you on your search too.
A deep dive into rental yield and how this impacts Farnborough
As you may be aware, rental yield is an extremely important metric to judge how effective a property is in terms of producing a return on investment. In the city of Farnborough, there is an average of £0 for rental yield.
Farnborough can be compared to the rest of the UK that tends to have an average of around 4.4% yield where the higher the yield the higher the return on the amount of money in the deal. This is because the area’s rental yield of £0 is first worked out by multiplying the monthly rent by twelve to find the annual rent. Then, you take away the associated costs of the property from the annual rental income to find the net rent. This net rent can then be divided by the purchase price and multiplied by 100 to find the rental yield as a percentage.
How can property investments be made using Rightmove data?
In Farnborough, the average asking rent in the area is £1,186 and there is a table below that goes over the asking rent for every type of property there is. Also, in Farnborough, the average yield of properties is £0. 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|
Every month, properties are sold on the platform of Rightmove in Farnborough and you can explore the topics below related to sales that give you an overview of the market.
What is a commons purchase price for property on Rightmove?
In the area of Farnborough in the UK, the average sold price of a property is around £331,487. 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||£314,009|
From Farnborough’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 Farnborough, 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 Farnborough. 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 13 that take place each month, this is likely the case a lot of the time.
In Farnborough, what property are people trying to rent on Rightmove?
What is the Rightmove data regarding social rent and affordable housing in Farnborough?
There is often a negative stigma attached to affordable housing and social rent. If you are looking for Rightmove data concerning this, the percentage of people renting from the government is: 11%. Also, in Farnborough, the average amount that people earn per household is £58,393.33. These are not standalone figures so it is important to compare this data to other factors such as the crime rate and also visit an area in person to truly see what it is like. Take these figures with a pinch of salt as there are areas that are unsafe in the UK where people earn a higher wage such as some areas in Central London. On the other hand, there are places with high amounts of social rent where crime rate isn’t high at all like in Ardwick, Manchester. People earn a humble average household income of £30,450 yet the rate of crime is just 1 out of every 1000 people.
Not everyone wants to buy a house, in the below headings, we go over what is useful to know when renting a property instead. Consider paying letting agents fees if you don’t want to find tenants yourself. Also, once you have researched your area in detail, make sure you have the right AST to sign them with.
Understanding education levels in the area of Farnborough
When considering Farnborough, its population reaches 25199 individuals. It is useful to note that around 33% of the residents have attained a higher level of education and the average household income in the area is £58,393.33. 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 are some frequently asked questions?
Uncover the typical property asking price in Farnborough through Rightmove data.
The average property price for the UK currently stands at £286,000. In the local area of Farnborough, the average price of a house for sale in the area is £331,487
Are there any undisclosed expenses associated with property searches on Rightmove within Farnborough?
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.
According to Rightmove data, how prevalent is crime in Farnborough’s vicinity?
The city of Farnborough currently has a crime rate where for every 1000 people who live there 7200% 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 Farnborough?
19 properties are sold in the area every month. A figure you should pay attention to, particularly if you are an investor looking to
On Rightmove, how much does a three-bed property typically cost in Farnborough?
The average price for a property that has three bedrooms is no relevant data for this city. This can be compared to average property prices