In this overview, we’ll delve into the Rightmove data for Gilwell Park, 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 32 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.
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By analysing Rightmove in Gilwell Park, 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 Gilwell Park, the current data indicates the presence of 27.0 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.
How many HMOs are licenced in the city of Gilwell Park on Rightmove?
Currently, the number of licensed HMOs stands at nan that come at an average price to rent of no relevant data for this city. You can also see the difference between the price of a standard HMO room and the average price of a HMO room with an ensuite which is £711.
This should give you an indication if it is worth the difference in price to upgrade to a room with a bathroom in Gilwell Park. Understanding where is best to rent in Gilwell Park involves considering the average asking price for a House in Multiple Occupation (HMO) and comparing this to normal rents.
Home listings in Gilwell Park on the platform of Rightmove
A quick insight into Rightmove property Gilwell Park
When considering buying a house for an investment in the area of Greater London, you can click here to find further information about houses for sale. There are also a few metrics to look at that make the investment more appealing.
For instance, you should look at the number of property sales that the area has every month which is 32. This, alongside the city’s relative population, should give you an indication of the turnover. The turnover is a piece of data that looks at how many houses have been sold in relation to the number of properties there are.
On average throughout the UK, in a calendar year, this data is around 22% but for Gilwell Park it is 0.87. Finally, a growing population is always a good sign. The change in population that has happened over the last decade has been 9%. So, you can make of that as you will.
Property investment opportunities presented on Rightmove in Gilwell Park
Based on Rightmove, there is a lot of data you can gather about Gilwell Park 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 £1,767. 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 E4, 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 £2,222, 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.
What is a commons purchase price for property on Rightmove?
Using Rightmove, there is an average sold price of property that is £462,649 in Gilwell Park. 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 | £302,917 |
| Terraced house | £475,254 |
| Semi-detached house | £544,193 |
| detached house | £787,056 |
From Gilwell Park’s Rightmove data, what are the number of planning permission applications?
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 Gilwell Park, this number is 29 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 Gilwell Park, you may be able to do the same and make some money.
Every month, properties are sold on the platform of Rightmove in Gilwell Park and you can explore the topics below related to sales that give you an overview of the market.
A deep dive into rental yield and how this impacts Gilwell Park
Gilwell Park 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 Gilwell Park, is worked out by dividing the net rental income of a property by the purchase price.
In Gilwell Park, what property are people trying to rent on Rightmove?
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.
Gilwell Park’s demographics and income insights based on Rightmove data
In the city of Gilwell Park, the population is 60225. 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 £45,160.56. 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 Rightmove data regarding social rent and affordable housing in Gilwell Park?
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 Gilwell Park, the average amount that people earn per household is £45,160.56. 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.
Frequently asked Questions
What is the average property price in Gilwell Park on Rightmove?
At present, within the confines of Gilwell Park, the mean price for houses listed for sale is £462,649.
On Rightmove, are there any hidden costs when searching for property in the city of Gilwell Park?
It’s essential for landlords to stay alert to an array of costs that you could be subject to as a landlord. These may include, stamp duty rates, costs that may come up due to renovation and also making sure they are aware of the things you can write off as a landlord in a limited company as opposed to your personal name.
Based on Rightmove’s information, what’s the level of criminal activity in the Gilwell Park area?
The ongoing crime rate in Gilwell Park indicates 10200% instances for every 1000 citizens.
In Gilwell Park, 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, consider that 32 properties are being sold every month.
What’s the usual price range for a three-bedroom property on Rightmove in Gilwell Park?
Properties with three bedrooms command an average asking price of no relevant data for this city. 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.
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