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What is the property market like in Huddersfield on Rightmove?

by | Jul 6, 2023

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

Choosing the perfect location to buy property in the UK involves a lot of factors.
This piece discusses the nature of Rightmove (and other listing platforms) data for Huddersfield, aiming to guide your investment decisions.
It’s worth noting that currently, 9 properties are listed for sale and sold on Rightmove in this area every single month so you have an idea of your options to pick from.
We will also go over the properties for rent in the area on Rightmove if you are looking to become a new tenant.

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In Huddersfield, what does the property sales data look like based on Rightmove?

Exploring Huddersfield’s real estate investment potential on Rightmove

As you delve into the property landscape of Huddersfield in the region of North West, Rightmove becomes an invaluable resource that provides data that can be looked at every month.



Some standard data that should be examined when trying to understand an area include the number of sales there are every month in the area, which falls at 9. Look at this in accordance with the population of the area, larger populations obviously will generally have more sales as there are more people living there and likely to sell their property. So, look at this as a factor and also check out this link to compare data for other cities in the area.



So, you can look at turnover which looks at property sales every year in relation to the number of houses that exist in the area anyway. Currently turnover is 0.39. Every decade population change should also be considered. This figure stands at 6% and positive changes generally show there is a growing population no matter if you are talking about a city or a wider region like North West.

Property investment opportunities presented on Rightmove in the city of Huddersfield

In the area, average asking rents are around £695. 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 Huddersfield.

Average asking rent Number of bedrooms in house
no relevant data for this city 5
no relevant data for this city 4
£729 3
£584 2
HD1 1

On average and according to Rightmove data, what do properties sell for?

The average sold price of properties in Huddersfield, UK, available on Rightmove is £169,486. 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
Flat £103,251
Terraced house £119,425
Semi-detached house £167,323
detached house £291,883

A deep dive into rental yield and how this impacts Huddersfield

Rental yield is simply the annual amount of rent that is made from a property after expenses calculated as a percentage. As of 2023, the yield of Huddersfield is £0.
It is a wise idea to compare this figure to the rest of the UK. Areas with extremely high yields can get as high as 10% but on the low end where property is very expensive such as in Chelsea, London, yields can be as low as 1%. So use the figure of £0 for comparison.
Usually, when looking to invest in Huddersfield, landlords look for a mix of appreciation and high yields but the gains from capital appreciation aren’t realised until the property is sold.

A city such as Huddersfield 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.

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

Applying for planning permission in Huddersfield is something landlords tend to do if they want to add some value to their home. As of this month, there were 9 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 Huddersfield too, there is a decent amount of opportunity to buy, renovate and make a profit.

Properties to Rent in Huddersfield on Rightmove

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

What is the level of Rightmove affordable housing and social rent in Huddersfield?

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 Huddersfield. And they have an average household income of £38,322.37. 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.

How to examine income data from Rightmove for Huddersfield

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 £38,322.37 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.
Huddersfield’s demographics also reveal a population of 115029 individuals and a percentage of people with degrees falling at 27%. 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.

According to Rightmove data in Huddersfield, is it worth moving into a HMO?

The average asking price for a House in Multiple Occupation (HMO) in Huddersfield is no relevant data for this city. Understanding this information is essential for anyone interested in saving some money on rent because Houses of Multiple Occupancy tend to be cheaper to rent than any other type of property.
By opting for shared living arrangements within a HMO, you can also get an ensuite in your room too. The average price of a room with an ensuite in a HMO in the city of Huddersfield is £398 and there are also nan in the area in total. This number of licenced HMO properties should be looked at in relation to the fact there are 56,000 properties that are licenced in the whole of the UK so you can see how much this area contains.

How much outdoor space is there in Huddersfield?

Green space is a vital element that is often compromised in different locations, hindering its availability. For instance, urban areas frequently fall short of the recommended benchmark of 6 acres of green space per thousand people. In Huddersfield, the available data reveals that there are 14.6 acres of green space per thousand residents. For health reasons, there should be 6 acres.

Frequently asked Questions

In the city of Huddersfield, what is the median property price?

Currently, the average worth of a property in the UK stands at £286,000. Focusing locally on Huddersfield, the mean selling price for houses in the area is £169,486. You can look at these two numbers and see if the price in the area is higher or lower than what is the average figure for the rest of the UK.

Does exploring properties on Rightmove within Huddersfield come with any fees you may not be aware of?

Costs that landlords should look out for include the rate of stamp duty, costs of renovation and also what the landlord deductible expenses are in a property based on if the property is a limited company or listed in your personal name.

Is there substantial criminal activity in the area around Huddersfield as indicated by Rightmove?

The Huddersfield community presently experiences a crime rate where 13625% infractions are documented for every 1000 inhabitants. A reference point is the national average of 79.52 incidents for every 1000 individuals. So, if the crime rate in the area is above this figure, there is more crime than usual. If it is below this figure then there is less crime than usual.

How many monthly property sales does Huddersfield witness according to listing platforms?

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 9 as of recent data.

What’s the usual price range for a three-bedroom property on Rightmove in Huddersfield?

Properties with three bedrooms command an average asking price of £729. This can be juxtaposed with the mean property price of the entire united kingdom which is £286,000. Or, for a more accurate figure, you can compare it to the average price of a three bed property in the UK which is £283,706.

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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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