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What is the property market like in Hazelslade on Rightmove?

by | Jul 6, 2023

Home $ An overview on Rightmove property listings in the UK $ What is the property market like in Hazelslade on Rightmove?

23 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.
Hazelslade 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.

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

If you are looking to rent a property, consider the data below that will help you decide on renting your next premises.

Analysing the rate of education in Hazelslade from Rightmove

In the city of Hazelslade, the population stands at 35108 individuals. Among this population, it is noteworthy to consider the educational levels. Approximately 17% of the residents hold a higher-level educational degree.
Additionally, the average household income in the area amounts to £40,400.00. This information is significant for renters, as a higher percentage of degree holders compared to the regional average of 22.6% suggests that your neighbours are likely to be higher earners. While other factors influence neighbour quality too, considering the education level remains beneficial as you’d likely want to be around people you are similar to.

In Hazelslade, here’s what Rightmove data says about social rent and affordable housing

It is well researched and understood that humans like to associate themself with similar people and this is why it’s important to find an area where people are earning a similar amount to you. The percentage of people who are renting from the government is 22% in Hazelslade. And they have an average household income of £40,400.00. If you think these numbers are similar to your financial situation or reflect an area you want to live in, then this is a good sign.

A list of properties for Sale in Hazelslade on Rightmove

Is it important to look at yield in Hazelslade in further detail?

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 Hazelslade, there is an average of £0 for rental yield.
Hazelslade 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.

Property investment opportunities presented on Rightmove in the city of Hazelslade

Rightmove data can tell you a lot about the average asking rents of the area of Hazelslade. For example, the table below goes over how rents are distributed according to the number of rooms in the property. Also, the national figure for rental yield that is most common is 4.4%. The £0 which is the average yield of rent in the area can be compared for reference.
Read on to see what kind of rent you are looking to charge if you bought a property to see what size is best. Bear in mind as you do so that the average amount of rent that is asked for is £672.

Asking rent Bedrooms
no relevant data for this city 5
no relevant data for this city 4
no relevant data for this city 3
no relevant data for this city 2
WS12 1

In Hazelslade, what are the number of planning permission applications on Rightmove?

Applying for planning permission in Hazelslade is something landlords tend to do if they want to add some value to their home. As of this month, there were 8 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 Hazelslade too, there is a decent amount of opportunity to buy, renovate and make a profit.

Investment analysis of Rightmove property in Hazelslade

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 nan in Hazelslade.



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 West Midlands by visiting our page for this, you can find additional data to help you on your search too.

What is a commons purchase price for property on Rightmove?

By looking at the below table taken from Rightmove data, you can gain great insights into the property market of Hazelslade. With an overall sold price of approximately £198,114, 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 £85,936
Terraced house £150,584
Semi-detached house £166,883
detached house £257,060

Looking to buy a house? Rightmove offers a diverse selection of properties for sale. Some of these listings are sold to homeowners and some are sold to investors looking to make a return. Check out more data related to properties for sale in other areas by checking out our list of properties that are for sale throughout the UK if you are interested in comparing Hazelslade to other regions.

From Rightmove listings, what is the availability of green space in Hazelslade

Green space is something that is recommended to everyone to have but then again, it is often compromised in a lot of locations. For instance, in cities, the amount of green space is often well below the recommended figure of 6 acres of green space for every thousand people. In Hazelslade, this is 23.8. Compare this figure of 6 which is recommended to have and the data for Hazelslade to tell how much green space is around.

On Rightmove and in Hazelslade, how many HMOs are licenced?

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 Hazelslade.
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 Hazelslade, 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.

What are some frequently asked questions?

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

The mean property value in the UK is £286k but is changing all the time. Meanwhile, in the local area of Hazelslade, the average cost of a home available for purchase is £198,114. You can compare these figures to see how far away this city is from the average.

On Rightmove, are there any hidden costs when searching for property in the city of Hazelslade?

Landlords should remain attentive to several financial considerations. These may include but are not limited to the costs of running the property, the rate of stamp duty and renovation costs.

According to Rightmove data, how prevalent is crime in Hazelslade’s vicinity?

In Hazelslade, the prevailing crime rate results in 6400% 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 Hazelslade?

To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, consider that 23 properties are being sold every month.

On Rightmove, what is the average price of a three-bed property in Hazelslade?

For properties encompassing three bedrooms, the typical asking price hovers around no relevant data for this city. This can be contrasted with the mean property valuations.

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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.

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