Deciding on the right property to purchase in the UK is a big deal. The decision to rent and where to rent is also a huge decision too. This article goes over the Rightmove data related to Hawkenbury and analyses just how good of an area it is to find somewhere to buy or to rent.
By the end of the article, you should be able to make an informed decision and pick from the list of properties to rent or the 23 number of properties that are sold.
Properties for sale in Hawkenbury on Rightmove
From Hawkenbury’s Rightmove data, what are the number of planning permission applications?
Applying for planning permission in Hawkenbury is something landlords tend to do if they want to add some value to their home. As of this month, there were 16 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 nan 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 Hawkenbury too, there is a decent amount of opportunity to buy, renovate and make a profit.
How can property investments be made using Rightmove data?
In the area, average asking rents are around £1,471. 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 £0.
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 Hawkenbury.
|Average asking rent||Number of bedrooms in house|
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What are properties sold for on average on Rightmove?
The average sold price of properties in Hawkenbury, UK, available on Rightmove is £441,484. 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|
A deep dive into rental yield and how this impacts Hawkenbury
A serious investor will know what yield is and how to work it out. The formula is true for Hawkenbury 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 Hawkenbury the figure is £0.
This £0 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.
A quick insight into Rightmove property Hawkenbury
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 23 properties are sold each month), you can work out the turnover too, which is 0.95 in Hawkenbury.
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 5%. 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.
Every month, properties are sold on the platform of Rightmove in Hawkenbury and you can explore the topics below related to sales that give you an overview of the market.
In the city of Hawkenbury, 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 Hawkenbury.
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 Hawkenbury, 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 £638.
By analysing Rightmove in Hawkenbury, is there a lot of green, outdoor space?
In Hawkenbury, the available data reveals that there are 24.7 acres of green space per thousand residents. By comparing this value to the recommended standard of 6, we can gauge the presence of green space in the area using statistics found on listing portals such as Rightmove.
Adequate green space is a valuable asset for all individuals as it has a huge impact on the mental and physical health of residents. Unfortunately, it is often compromised in numerous locations. For instance, in urban settings, the quantity of green space frequently falls short of the recommended measure of 6 acres of green space for every thousand individuals.
On Rightmove in Hawkenbury, what properties are available to rent?
Sometimes, buying isn’t suitable for everyone. Fortunately, renting is also an option and there is a lot of data that can be gathered from Rightmove for this too.
In Hawkenbury, here’s what Rightmove data says about social rent and affordable housing
Not everyone is inclined to purchase a house and in fact, some people are actually struggling with renting to the extent that they have to rent from the government. According to data scraped from Rightmove and listing portals that are popular in the UK, 7% of individuals in Hawkenbury rely on government rent and the average household income in the district is £46,729.73.
Always visit an area too to find out what the area is truly like and compare these figures to the national averages of 22.6% (on social rent) and £34,000 (in household earnings per year). Most people prefer to live amongst people where their incomes are similar.
If you are a tenant, perhaps move in as a lodger in an excluded tenancy agreement instead of as an assured tenant. While you have fewer rights, a tenancy may be easier to secure.
Concerning Rightmove, what is the education level like in Hawkenbury?
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 £46,729.73 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.
Hawkenbury’s demographics also reveal a population of 28065 individuals and a percentage of people with degrees falling at 34%. 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.
What questions are asked most frequently?
Discover the mean property value in Hawkenbury as reported on Rightmove.
The average property price for the UK currently stands at £286,000. In the local area of Hawkenbury, the average price of a house for sale in the area is £441,484
Does exploring properties on Rightmove within Hawkenbury come with any fees you may not be aware of?
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 Hawkenbury area?
In Hawkenbury, the prevailing crime rate results in 8400% occurrences for every 1000 residents. This contrasts with the nationwide average of 79.52 incidents for every 1000 individuals.
What are the house sales per month in Hawkenbury?
To interpret the insights drawn by listing portals like Rightmove, begin by recognizing that the ongoing rate of houses sold per month is counted at 23 as of recent data.
What’s the usual price range for a three-bedroom property on Rightmove in Hawkenbury?
The average cost to rent a property with three bedrooms is £1,606. This can be weighed against the average property price trends.