In this overview, we’ll delve into the Rightmove data for Fulham, providing insight into Rightmove data and how this data can aid you in a profitable property purchase. Making a decision on where to buy property is an exciting opportunity and a milestone for a lot of people.
Also, knowing that there are 43 properties sold every month in the area should give you an idea of how often properties are selling and what kind of opportunity there is.
Will you be moving into somewhere with a lot of green space if you moved to Fulham?
Green space is a vital element that is often compromised in different locations, hindering its availability. For instance, urban areas frequently fall short of the recommended benchmark of 6 acres of green space per thousand people. In Fulham, the available data reveals that there are 13.1 acres of green space per thousand residents. For health reasons, there should be 6 acres.
What are the number of HMOs on Rightmove that are licenced in the area of Fulham?
When it comes to renting in Fulham, it’s important to consider the average asking price for a House in Multiple Occupation (HMO), which is £8,201. 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 £993 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 1546 licensed HMOs in Fulham, giving you an idea of the variety and options available in the market.
Properties to Rent in Fulham on Rightmove
To rent a property, the below subheadings go over everything relevant for those looking to rent out a house.
Analysing the rate of education in Fulham from Rightmove
In the city of Fulham, the population is 64988. Out of all of these people, it is worth noting the education level. 53% have a degree (a higher level educational degree). Also, the average household income of the area is £54,216.99. 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 is the outlook for social rent and affordable housing according to Rightmove in Fulham?
Through some digging, we found the level of social rent in the area. Currently, this figure is 22% as the percentage of people who are leasing directly from the government. In the area of Fulham, the average household income is £54,216.99 too. This is another figure to reference and compare to the £34,000 average national salary to see who is in financial hardship. You may wonder why it is necessary to have this information and the answer is because it’s important you live in an area that suits your income as life is generally more enjoyable when you pick somewhere to live amongst others in a similar situation.
Home listings in Fulham on the platform of Rightmove
Every month, properties are sold on the platform of Rightmove in Fulham and you can explore the topics below related to sales that give you an overview of the market.
From Fulham’s Rightmove data, what are the number of planning permission applications?
Applying for planning permission in Fulham is something landlords tend to do if they want to add some value to their home. As of this month, there were 45 planning applications out of the 8,000 that roughly occur every month nationally. In order to further understand this figure, compare how large the population of the area is to this figure too.
The planning success rate of these applications is 88% and the higher this is and the greater it is above the average success of 82%, the more likely it is that landlords are conducting easy renovations. This may therefore indicate that if you are looking to invest in property yourself in Fulham too, there is a decent amount of opportunity to buy, renovate and make a profit.
What is a commons purchase price for property on Rightmove?
The average sold price of properties in Fulham, UK, available on Rightmove is £926,984. See the below table to work out what the sold price is based on detached housing, semi-detached housing, terraced housing and flats.
|Category of property||Average price|
Exploring Fulham’s real estate investment potential on Rightmove
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 43 properties are sold each month), you can work out the turnover too, which is 0.66 in Fulham.
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 2%. Also comparing this data to an area slightly bigger, such as Greater London by visiting our page for this, you can find additional data to help you on your search too.
Property investment opportunities presented on Rightmove in the city of Fulham
There is a fair amount of insight that you can gather from the city of Fulham 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 £3,025.
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|
A deep dive into rental yield and how this impacts Fulham
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 Fulham, there is an average of £0 for rental yield.
Fulham 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.
Frequently asked Questions
Uncover the typical property asking price in Fulham through Rightmove data.
The mean property value in the UK is £286k but is changing all the time. Meanwhile, in the local area of Fulham, the average cost of a home available for purchase is £926,984. You can compare these figures to see how far away this city is from the average.
In the process of property hunting on Rightmove in Fulham, do hidden costs come into play?
Costs that landlords should look out for include the rate of stamp duty, costs of renovation and also what the landlord deductible expenses are in a property based on if the property is a limited company or listed in your personal name.
Is there a lot of crime in the area of Fulham according to Rightmove?
The city of Fulham currently has a crime rate where for every 1000 people who live there 11600% commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.
How many monthly property sales does Fulham witness according to listing platforms?
To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, consider that 43 properties are being sold every month.
On Rightmove, what is the average price of a three-bed property in Fulham?
Properties with three bedrooms command an average asking price of £2,982. 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.