fbpx

Looking for your next home or investment?

We partner with the best agents to help you find your dream house. We also partner with Strike to help you sell your property if you are moving out

Find your dream property:

See properties for sale

Sell your property with Strike:

Get a free valuation

Our customers trust our expertise

A guide on Rightmove property in Green Tye

by | Jul 6, 2023

Home $ An overview on Rightmove property listings in the UK $ A guide on Rightmove property in Green Tye

In this overview, we’ll delve into the Rightmove data for Green Tye, 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 4 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.

We help you find the right agent

At lofti we want to simplify your life and help you buy, sell or rent your property. We have assembled all the agent in Green Tye to help you find the perfect agent for you

Download the directory

How much green space do properties have in Green Tye 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 Green Tye, the current data indicates the presence of 31.5 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.

In the city of Green Tye, regarding Rightmove, what would it look like living in a HMO?

Prospective tenants should be aware of the average asking price for a House in Multiple Occupation (HMO), which currently stands at no relevant data for this city.
Tenants should also consider how significant, if at all, the saving in rent is when comparing the price to rent in a normal house you do not have to share in Green Tye.
Renting an HMO can provide a more affordable alternative to traditional rental arrangements and for context, there are a predicted 13,500 licenced HMOs in London. In Green Tye, there are nan for comparison so you are able to tell how abundant this type of property is.
Do not think that all HMOs have to be small rooms with a lack of space either, you also have the option to rent out a HMO with an ensuite. The average rents for this type of room stands at no relevant data for this city.

In Green Tye, what property are people trying to rent on Rightmove?

How to examine income data from Rightmove for Green Tye

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 £50,545.24 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.
Green Tye’s demographics also reveal a population of 2089 individuals and a percentage of people with degrees falling at 31%. 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 Green Tye?

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: 6%. Also, in Green Tye, the average amount that people earn per household is £50,545.24. 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.

A list of properties for Sale in Green Tye on Rightmove

Investment analysis of Rightmove property in Green Tye

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 4 properties are sold each month), you can work out the turnover too, which is nan in Green Tye.



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 11%. Also comparing this data to an area slightly bigger, such as East of England by visiting our page for this, you can find additional data to help you on your search too.

A closer look at rental yield on Rightmove in Green Tye

A serious investor will know what yield is and how to work it out. The formula is true for Green Tye and everywhere else in the UK. Simply calculate net rental yield and the purchase price of the home and then divide the former by the latter. When this calculation is done, for Green Tye the figure is no relevant data for this city.
This no relevant data for this city as a percentage is essentially the amount of money that a landlord makes from the deal in relation to the amount of money they have invested. Take a look at other calculations too like return on capital invested to get a return that is comparable to a direct “return on investment” calculation such as that of a bank.

How can property investments be made using Rightmove data?

There is a fair amount of insight that you can gather from the city of Green Tye 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, no relevant data for this city is the average rental yield and the average asking rent is no relevant data for this city.

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
1 SG10
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


Average sold prices of properties on Rightmove

By looking at the below table taken from Rightmove data, you can gain great insights into the property market of Green Tye. With an overall sold price of approximately £689,500, according to Rightmove and further listing platforms such as Zoopla, buyers can now make an informed decision as to whether this suits their budget.

Class of property Average sale
Flat no relevant data for this city
Terraced house £375,313
Semi-detached house £529,559
detached house £972,554

From Green Tye’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 Green Tye, this number is 1 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 Green Tye, you may be able to do the same and make some money.

A city such as Green Tye has a fair amount of houses for sale on Rightmove. In the following headings, we go over all the relevant data related to Rightmove so you can begin the process of buying a house. Figuring out the best type of property to buy is a difficult process so it is useful to see all the relevant information condensed in one place.

FAQ

How much does the average property cost in Green Tye according to Rightmove data?

The average property price for the UK currently stands at £286,000. In the local area of Green Tye, the average price of a house for sale in the area is £689,500

Are there any undisclosed expenses associated with property searches on Rightmove within Green Tye?

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.

Is there a lot of crime in the area of Green Tye according to Rightmove?

The ongoing crime rate in Green Tye indicates 38 instances for every 1000 citizens.

According to online listings, what’s the count of property transactions per month in Green Tye?

4 properties are sold in the area every month. A figure you should pay attention to, particularly if you are an investor looking to

What’s the average cost of a three-bedroom property in Green Tye as per Rightmove data?

The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.

Grab the latest property news, tailored for landlords

Viral, succinct and crucial information, straight to your inbox, every week

donnell-bailey

Donnell Bailey

Property expert

Donnell is a property expert focusing on the property market, he looks at a combination of legislation, information from property managers, letting agents and market trends to produce information to help landlords.

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *