16 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.
Hebburn 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.
Properties to Rent in Hebburn on Rightmove
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 outlook for social rent and affordable housing according to Rightmove in Hebburn?
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 24% in Hebburn. And they have an average household income of £34,802.86. 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.
Understanding education levels in the area of Hebburn
In the city of Hebburn, the population is 19774. Out of all of these people, it is worth noting the education level. 17% have a degree (a higher level educational degree). Also, the average household income of the area is £34,802.86. 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.
On Rightmove, how are properties listed for sale?
What are properties sold for on average on Rightmove?
The average sold price of properties in Hebburn, UK, available on Rightmove is £149,168. 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 quick insight into Rightmove property Hebburn
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 16 properties are sold each month), you can work out the turnover too, which is nan in Hebburn.
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 2%. Also comparing this data to an area slightly bigger, such as North East by visiting our page for this, you can find additional data to help you on your search too.
Linking rental yields with Rightmove property listings in Hebburn
Hebburn averages at no relevant data for this city 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 no relevant data for this city in Hebburn, is worked out by dividing the net rental income of a property by the purchase price.
Every month, properties are sold on the platform of Rightmove in Hebburn and you can explore the topics below related to sales that give you an overview of the market.
How Rightmove listings in Hebburn help you make an investment
In Hebburn, the average asking rent in the area is no relevant data for this city and there is a table below that goes over the asking rent for every type of property there is. Also, in Hebburn, the average yield of properties is no relevant data for this city. 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|
|5||no relevant data for this city|
|4||no relevant data for this city|
|3||no relevant data for this city|
|2||no relevant data for this city|
In Hebburn, analysing Rightmove, what are the number of planning permission applications?
The city of Hebburn, according to Rightmove listings, has a commendable planning success rate of nan and there are around 1 that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Hebburn.
In the city of Hebburn, regarding Rightmove, what would it look like living in a HMO?
When it comes to renting in Hebburn, it’s important to consider the average asking price for a House in Multiple Occupation (HMO), which is no relevant data for this city. This data is particularly valuable for individuals seeking affordable rental options or like the idea of renting with housemates. If you are looking for more of an expensive property, there are no relevant data for this city HMO properties with an ensuite too. Contrary to what you may believe, not all HMOs have to be cramped with a lack of space. A HMO with an ensuite will mean you won’t have to come out of your room to use the bathroom, making things very convenient.
According to the most recent Rightmove data, there are a total of nan licensed HMOs in Hebburn, giving you an idea of the variety and options available in the market.
Will you be moving into somewhere with a lot of green space if you moved to Hebburn?
Green space is highly recommended for everyone’s well-being, but it is often compromised. Urban areas, in particular, tend to have insufficient green space compared to the recommended benchmark of 6 acres per thousand people according to Fields in Trust seen here. In Hebburn, the current data indicates that there are 16.8 acres of green space available per thousand residents. By comparing this figure to the recommended standard of 6, we can assess the adequacy of green space in the area based on Rightmove data.
What are some frequently asked questions?
Discover the mean property value in Hebburn as reported on Rightmove.
The average property price for the UK currently stands at £286,000. In the local area of Hebburn, the average price of a house for sale in the area is £149,168
Does exploring properties on Rightmove within Hebburn come with any fees you may not be aware of?
Vigilance is key for landlords, encompassing factors like the stamp duty rate, renovation expenses, and the potential deductible costs based on whether the property is incorporated as a limited company or under your personal name.
Is there substantial criminal activity in the area around Hebburn as indicated by Rightmove?
The ongoing crime rate in Hebburn indicates 12300% instances for every 1000 citizens.
How many monthly property sales does Hebburn witness according to listing platforms?
To comprehend the insights extracted from listing portals like Rightmove begin by acknowledging that the ongoing frequency of houses sold each month equates to 16. To learn more about houses for sale and why this data is important
What’s the average cost of a three-bedroom property in Hebburn as per Rightmove data?
The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.