In the UK, there is a lot that goes into deciding on the right place to buy. The decision gets even more complex if you are buying for an investment as you will have to think a bit more logically rather than thinking emotionally when buying a property. In this article, we go over what the Rightmove data looks like for the city of Forest Row so you can make the best decisions and make money on your property purchases. Getting involved in one of the 3 property deals that come off the market each month.
In the city of Forest Row, regarding Rightmove, what would it look like living in a HMO?
In Forest Row, 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 Forest Row is currently no relevant data for this city, usually slightly above what is asked to rent a normal room without an ensuite in a HMO.
How much green space do properties have in Forest Row 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 Forest Row, the current data indicates the presence of 26.5 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.
On Rightmove, how are properties listed for sale?
A deep dive into rental yield and how this impacts Forest Row
Rental yield is simply the annual amount of rent that is made from a property after expenses calculated as a percentage. As of 2023, the yield of Forest Row is no relevant data for this city.
It is a wise idea to compare this figure to the rest of the UK. Areas with extremely high yields can get as high as 10% but on the low end where property is very expensive such as in Chelsea, London, yields can be as low as 1%. So use the figure of no relevant data for this city for comparison.
Usually, when looking to invest in Forest Row, landlords look for a mix of appreciation and high yields but the gains from capital appreciation aren’t realised until the property is sold.
On average and according to Rightmove data, what do properties sell for?
Using Rightmove, there is an average sold price of property that is £502,155 in Forest Row. 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|
Investment analysis of Rightmove property in Forest Row
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 3 properties are sold each month), you can work out the turnover too, which is nan in Forest Row.
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 10%. 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.
It is worth noting that the more homes sell on a monthly basis, the more buyers and competition there tend to be. This figure for Forest Row is talked about below and in the following headings.
In terms of the number of planning permission applications on Rightmove, what should there be in Forest Row?
On Rightmove, there are a lot of people who plan to make amendments to their property and 8,000 people every month go through the process. In Forest Row, this number is 4 every month and the success rate for planning permission is nan.
Rightmove records planning success as a good metric for investors to get a gauge on how familiar people are with renovating their homes. A higher success indicates investors have done improvements before and they are good at renovation. This suggests that if you are looking to buy in Forest Row, you may be able to do the same and make some money.
How can property investments be made 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 Forest Row.
|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|
Properties to Rent in Forest Row on Rightmove
What is the Rightmove data regarding social rent and affordable housing in Forest Row?
It is well researched and understood that humans like to associate themself with similar people and this is why it’s important to find an area where people are earning a similar amount to you. The percentage of people who are renting from the government is 4% in Forest Row. And they have an average household income of £43,666.67. If you think these numbers are similar to your financial situation or reflect an area you want to live in, then this is a good sign.
If you are looking to rent a property, consider the data below that will help you decide on renting your next premises.
Analysing the rate of education in Forest Row from Rightmove
In the city of Forest Row, the population is 4558. 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 £43,666.67. 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.
What are some frequently asked questions?
Uncover the typical property asking price in Forest Row through Rightmove data.
In Forest Row, the mean price for residential properties up for sale is £502,155. 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 Forest Row?
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)
Based on Rightmove’s information, what’s the level of criminal activity in the Forest Row area?
The current crime rate in Forest Row is such that 6900% incidents are recorded for every 1000 residents.
According to online listings, what’s the count of property transactions per month in Forest Row?
To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, consider that 3 properties are being sold every month.
On Rightmove, what is the average price of a three-bed property in Forest Row?
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