41 properties are sold from Rightmove and other listing platforms every single month in the UK. In this article we plan to go over how to buy one of these properties and also how to rent from the platform of Rightmove too.
Furzedown contains a lot of information so read carefully and start to consider how to make sure you are involved in a beneficial property deal, whether you are buying or renting.
According to Rightmove data from Furzedown, what properties are renting?
Concerning Rightmove, what is the education level like in Furzedown?
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 £54,216.99 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.
Furzedown’s demographics also reveal a population of 146112 individuals and a percentage of people with degrees falling at 45%. 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.
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.
What is the Rightmove data regarding social rent and affordable housing in Furzedown?
Through some digging, we found the level of social rent in the area. Currently, this figure is 13% as the percentage of people who are leasing directly from the government. In the area of Furzedown, 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.
A list of properties for Sale in Furzedown on Rightmove
Average sold prices of properties on Rightmove
Using Rightmove, there is an average sold price of property that is £534,622 in Furzedown. 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|
A deep dive into rental yield and how this impacts Furzedown
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 Furzedown, there is an average of £0 for rental yield.
Furzedown 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.
The greater the number of sales per month in the area of Furzedown, 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.
Property investment opportunities presented on Rightmove in Furzedown
In Furzedown, the average asking rent in the area is £1,956 and there is a table below that goes over the asking rent for every type of property there is. Also, in Furzedown, 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|
In Furzedown, 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 Furzedown, 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 Furzedown. 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 46 that take place each month, this is likely the case a lot of the time.
A quick insight into Rightmove property Furzedown
As you delve into the property landscape of Furzedown in the region of Greater London, 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 41. 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 0.82. Every decade population change should also be considered. This figure stands at 9% and positive changes generally show there is a growing population no matter if you are talking about a city or a wider region like Greater London.
What are the number of HMOs on Rightmove that are licenced in the area of Furzedown?
The average asking price for a House in Multiple Occupation (HMO) in Furzedown 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 Furzedown is £779 and there are also nan 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.
How much outdoor space is there in Furzedown?
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 Furzedown, the current data indicates the presence of 13.1 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?
How much does the average property cost in Furzedown according to Rightmove data?
The average property price for the UK currently stands at £286,000. In the local area of Furzedown, the average price of a house for sale in the area is £534,622
Are there any undisclosed expenses associated with property searches on Rightmove within Furzedown?
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 substantial criminal activity in the area around Furzedown as indicated by Rightmove?
The ongoing crime rate in Furzedown indicates 11300% instances for every 1000 citizens.
In Furzedown, how many sales per month are there according to listing portals?
To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, you can look at the houses sold each month which is 41. Typically, the higher this figure is, the more likely it is that this area is highly sought after and there is a strong buyer demand. Check out the property sales in a similar area in order to find a comparison.
What’s the average cost of a three-bedroom property in Furzedown as per Rightmove data?
The average cost to rent a property with three bedrooms is £1,877. This can be weighed against the average property price trends.