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 Ford 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 12 number of properties that are sold.
Properties to Rent in Ford on Rightmove
Analysing the rate of education in Ford from Rightmove
If you are renting or looking to rent, it is good practice to recognise if in the area you are searching, the people have higher incomes. The average household income in this area is £36,521.05 and this figure on a nationwide level has an average of £34,000. It is important to understand this because you want to be in a location that suits your taste and budget.
Ford’s demographics also reveal a population of 25278 individuals and a percentage of people with degrees falling at 14%. Keep this in mind too and compare it to the average percentage of degrees in the UK which is 22.6%. You don’t necessarily want to be around people you aren’t like or have nothing in common with.
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.
What is the outlook for social rent and affordable housing according to Rightmove in Ford?
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: 35%. Also, in Ford, the average amount that people earn per household is £36,521.05. 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.
Home listings in Ford on the platform of Rightmove
Exploring Ford’s real estate investment potential on Rightmove
In the area of Ford, Rightmove records consistent sales of 12 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 North West by looking at further houses for sale here.
In terms of the number of planning permission applications on Rightmove, what should there be in Ford?
In the UK, planning applications result in a success rate of 82% most of the time. In Ford, people plan to make modifications to their properties and apply for planning permission with a planning success rate of 82%.
This is interesting data for investors in particular. An above average success indicates renovations are tried and tested and likely an investment from landlords. This is a great opportunity for investors to model what works in the area and do the same. On the other hand, a lower approval indicates there are more ambitious proposals in the area and of the 4 monthly planning applications in Ford, property here is more difficult to conduct improvements on.
If you don’t want to deal with planning permission, consider buying a property as a leaseholder which means you don’t own the land and any planning permission is done by the freeholder who owns the land.
If you do this, you will have to look at when a leasehold expires as well as other disadvantages though. However, there are pros and cons of being a leaseholder or a freeholder. For instance, as a freeholder, you may have to evict a leaseholder in a process known as a forfeiture of lease. So, pay attention to the advantages and disadvantages and what path you actually want to go down.
Property investment opportunities presented on Rightmove in the city of Ford
There is a fair amount of insight that you can gather from the city of Ford 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 £641.
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|
|2||no relevant data for this city|
|3||no relevant data for this city|
|4||no relevant data for this city|
|5||no relevant data for this city|
Looking to buy a house? Rightmove offers a diverse selection of properties for sale. Some of these listings are sold to homeowners and some are sold to investors looking to make a return. Check out more data related to properties for sale in other areas by checking out our list of properties that are for sale throughout the UK if you are interested in comparing Ford to other regions.
Average sold prices of properties on Rightmove
In the area of Ford in the UK, the average sold price of a property is around £123,786. 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||£147,099|
Linking rental yields with Rightmove property listings in Ford
Ford averages at £0 for rental yield and this should be looked at in comparison with the average for the UK which tends to fluctuate around 4.4%. Having said this, rental yields can drop as low as 1% in the central areas of London and rise to as high as 9% in areas with high rental demand such as Stoke.
Yield, which is £0 in Ford, is worked out by dividing the net rental income of a property by the purchase price.
What are the number of HMOs on Rightmove that are licenced in the area of Ford?
The average asking price for a House in Multiple Occupation (HMO) in Ford 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 Ford is no relevant data for this city and there are also 12 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.
By analysing Rightmove in Ford, is there a lot of green, outdoor space?
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 Ford, the current data indicates the presence of 17.7 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 some frequently asked questions?
What is the average property price in Ford on Rightmove?
In Ford, the mean price for residential properties up for sale is £123,786. The mean price for the average property valuation across the UK is £286,000.
In the process of property hunting on Rightmove in Ford, do hidden costs come into play?
Landlords need to be vigilant about various expenses, including stamp duty rates, capital gains tax, renovation expenditures, and the deductible costs applicable to properties in a personal name. (relevant for UK property)
Is there substantial criminal activity in the area around Ford as indicated by Rightmove?
The current crime rate in Ford is such that 14200% incidents are recorded for every 1000 residents.
In Ford, how many sales per month are there according to listing portals?
12 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, what is the average price of a three-bed property in Ford?
The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.