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 Kempsey, aiming to guide your investment decisions.
It’s worth noting that currently, 29 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.
A list of properties for Sale in Kempsey on Rightmove
An overview of Kempsey property in Rightmove from an investment perspective
In the area of Kempsey, Rightmove records consistent sales of 29 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 5% 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.
Property investment opportunities presented on Rightmove in the city of Kempsey
Based on Rightmove, there is a lot of data you can gather about Kempsey and there is a lot that can go towards making the decision to invest. So, the average rental yield of the area is £0. and the average asking rent based on Rightmove data is £863. In general, the higher this figure is for asking rent, the more the mortgage payments will likely be when you buy the property, hence the rental income has to go up in order to pay it off. It is also useful to find out the asking rent property by property. First of all, the average rent for a one bedroom property is WR5, for a two bed is, no relevant data for this city, a three bed is no relevant data for this city. Finally, a four bed average asking price is no relevant data for this city, and a five bed, no relevant data for this city. Comparing these prices should allow you to work out what property to buy based on your budget and the mortgage that fits the average asking rent.
On average and according to Rightmove data, what do properties sell for?
Using Rightmove, there is an average sold price of property that is £249,420 in Kempsey. The average sold price provides a benchmark for understanding property values in the area and you may want to look at a more detailed overview of individual types of property below.
|Property category||Average price of property|
It is worth noting that the more homes sell on a monthly basis, the more buyers and competition there tend to be. This figure for Kempsey is talked about below and in the following headings.
Linking rental yields with Rightmove property listings in Kempsey
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 Kempsey 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 Kempsey, landlords look for a mix of appreciation and high yields but the gains from capital appreciation aren’t realised until the property is sold.
From Kempsey’s Rightmove data, what are the number of planning permission applications?
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 Kempsey, this number is 10 every month and the success rate for planning permission is 88%.
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 Kempsey, you may be able to do the same and make some money.
How much green space do properties have in Kempsey according to Rightmove?
Green space is universally recommended but unfortunately often compromised in various locations. In cities, the amount of green space often falls below the recommended threshold of 6 acres of green space per thousand people.
In Kempsey, the current data indicates the presence of 18.1 acres of green space per thousand residents. By comparing this value to the recommended benchmark of 6, we can evaluate the sufficiency of green space in the area.
In the city of Kempsey, regarding Rightmove, what would it look like living in a HMO?
Currently, the number of licensed HMOs stands at 72 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 £509.
This should give you an indication if it is worth the difference in price to upgrade to a room with a bathroom in Kempsey. Understanding where is best to rent in Kempsey involves considering the average asking price for a House in Multiple Occupation (HMO) and comparing this to normal rents.
Properties to Rent in Kempsey on Rightmove
To rent a property, the below subheadings go over everything relevant for those looking to rent out a house.
Concerning Rightmove, what is the education level like in Kempsey?
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 £41,740.00 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.
Kempsey’s demographics also reveal a population of 30933 individuals and a percentage of people with degrees falling at 31%. 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.
In Kempsey, here’s what Rightmove data says about social rent and affordable housing
If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, 10% of individuals in Kempsey 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 £41,740.00. Most people in the Uk earn around £34,000 which is convenient for comparison.
What are some frequently asked questions?
How much does the average property cost in Kempsey according to Rightmove data?
In Kempsey, the mean price for residential properties up for sale is £249,420. The mean price for the average property valuation across the UK is £286,000.
Are there any undisclosed expenses associated with property searches on Rightmove within Kempsey?
Landlords need to be vigilant about various expenses, including stamp duty rates, capital gains tax, renovation expenditures, and the deductible costs applicable to properties in a personal name. (relevant for UK property)
Is there substantial criminal activity in the area around Kempsey as indicated by Rightmove?
The Kempsey community presently experiences a crime rate where 10400% 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.
According to online listings, what’s the count of property transactions per month in Kempsey?
To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, consider that 29 properties are being sold every month.
On Rightmove, what is the average price of a three-bed property in Kempsey?
The average price for a property that has three bedrooms is no relevant data for this city. This can be compared to average property prices