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What kind of listings are on the platform Rightmove in Ferring?

by | Jul 6, 2023

Home $ An overview on Rightmove property listings in the UK $ What kind of listings are on the platform Rightmove in Ferring?

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 Ferring, aiming to guide your investment decisions.
It’s worth noting that currently, 25 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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In Ferring, what property are people trying to rent on Rightmove?

What is the outlook for social rent and affordable housing according to Rightmove in Ferring?

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: 13%. Also, in Ferring, the average amount that people earn per household is £45,146.15. 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.

How to examine income data from Rightmove for Ferring

In the city of Ferring, the population is 20412. Out of all of these people, it is worth noting the education level. 24% have a degree (a higher level educational degree). Also, the average household income of the area is £45,146.15. 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.

Looking to rent? Find the most valuable data points for the process of renting below. See our full list of areas in the UK with data from Rightmove if you want to compare these rents to other areas in the UK.

From Rightmove listings, what is the availability of green space in Ferring

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 Ferring, the current data indicates the presence of 19.5 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 are the number of HMOs on Rightmove that are licenced in the area of Ferring?

In Ferring, 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 Ferring is currently £630, usually slightly above what is asked to rent a normal room without an ensuite in a HMO.

On Rightmove, how are properties listed for sale?

Investment analysis of Rightmove property in Ferring

As you delve into the property landscape of Ferring in the region of South East, 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 25. 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 7% 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 East.

What are properties sold for on average on Rightmove?

Using Rightmove, there is an average sold price of property that is £375,762 in Ferring. The average sold price provides a benchmark for understanding property values in the area and you may want to look at a more detailed overview of individual types of property below.

Property category Average price of property
Flat £204,780
Terraced house £282,853
Semi-detached house £349,173
detached house £494,552

The greater the number of sales per month in the area of Ferring, the more it could be argued that the property market is improving. As you read on, consider this factor amongst others such as the type of property that is in the area.

Is it important to look at yield in Ferring in further detail?

A serious investor will know what yield is and how to work it out. The formula is true for Ferring 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 Ferring 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.

How to invest in property in Ferring using Rightmove data

Based on Rightmove, there is a lot of data you can gather about Ferring 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 £1,456. 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 BN12, 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.

In Ferring, 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 Ferring, 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 Ferring. 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 14 that take place each month, this is likely the case a lot of the time.

Frequently Asked Questions by Rightmove users

How much does the average property cost in Ferring according to Rightmove data?

In Ferring, the mean price for residential properties up for sale is £375,762. The mean price for the average property valuation across the UK is £286,000.

On Rightmove, are there any hidden costs when searching for property in the city of Ferring?

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.

Is there a lot of crime in the area of Ferring according to Rightmove?

In Ferring, the prevailing crime rate results in 9000% occurrences for every 1000 residents. This contrasts with the nationwide average of 79.52 incidents for every 1000 individuals.

How many monthly property sales does Ferring 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 25. 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 Ferring?

For properties encompassing three bedrooms, the typical asking price hovers around no relevant data for this city. This can be contrasted with the mean property valuations.

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donnell-bailey

Donnell Bailey

Property expert

Donnell is a property expert focusing on the property market, he looks at a combination of legislation, information from property managers, letting agents and market trends to produce information to help landlords.

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