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 Horsehay 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 15 number of properties that are sold.
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How much outdoor space is there in Horsehay?
In Horsehay, the available data reveals that there are 24.4 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.
What are the number of HMOs on Rightmove that are licenced in the area of Horsehay?
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 no relevant data for this city.
This should give you an indication if it is worth the difference in price to upgrade to a room with a bathroom in Horsehay. Understanding where is best to rent in Horsehay involves considering the average asking price for a House in Multiple Occupation (HMO) and comparing this to normal rents.
Home listings in Horsehay on the platform of Rightmove
How Rightmove listings in Horsehay help you make an investment
There is a fair amount of insight that you can gather from the city of Horsehay 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, £0 is the average rental yield and the average asking rent is £715.
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 | TF4 |
| 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 |
Is it important to look at yield in Horsehay 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 Horsehay, there is an average of £0 for rental yield.
Horsehay 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.
In the area, using Rightmove data, what are most people selling their property for?
When exploring the property market in Horsehay, UK, there is a lot of information that can be gathered on listing platforms and on Rightmove. The average sold price across all property types is approximately £192,424, this provides valuable insight into market trends.
Refer to the table below for a detailed breakdown of sold prices across different property categories.
| Property type | Average selling point |
|---|---|
| detached house | £245,083 |
| Semi-detached house | £166,129 |
| Terraced house | £145,435 |
| Flat | £93,094 |
In terms of the number of planning permission applications on Rightmove, what should there be in Horsehay?
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 Horsehay, this number is 4 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 Horsehay, you may be able to do the same and make some money.
A city such as Horsehay 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.
Exploring Horsehay’s real estate investment potential on Rightmove
In the area of Horsehay, Rightmove records consistent sales of 15 properties each month, generating an average yearly turnover of nan. This turnover is just from property sales relative to the properties that there already are and 10% is the population change over ten years.
All of these pieces of data should be looked at as a whole and considered based on what you are looking for as an investor. For example, if an area’s population is declining and their turnover is above average (22%), it could indicate that there are a large number of people moving out of the area.
Sometimes, you aren’t able to find the right property in your area on Rightmove. So, check out if you want to keep looking in your wider UK region of West Midlands by looking at further houses for sale here.
According to Rightmove data from Horsehay, what properties are renting?
What is the level of Rightmove affordable housing and social rent in Horsehay?
If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, 21% of individuals in Horsehay rent from the government or housing associations compared to the national average of 20.7%.
In general, if the percentage of people who have government housing is below the national average, you are more likely to see smaller houses. This may not be a bad thing as it all depends on personal preference and there are also other factors that contribute to the general feel of the area like household income which is £40,462.86. Most people in the Uk earn around £34,000 which is convenient for comparison.
Horsehay’s demographics and income insights based on Rightmove data
When considering Horsehay, its population reaches 18282 individuals. It is useful to note that around 18% of the residents have attained a higher level of education and the average household income in the area is £40,462.86. Renters should take note that if the percentage of degree holders exceeds the regional average of 22.6%, it suggests that your neighbours are likely to be higher earners. While other factors contribute to neighbour quality, observing educational levels remains valuable.
If you are looking to rent a property, consider the data below that will help you decide on renting your next premises.
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