In this overview, we’ll delve into the Rightmove data for Killingbeck, providing insight into Rightmove data and how this data can aid you in a profitable property purchase. Making a decision on where to buy property is an exciting opportunity and a milestone for a lot of people.
Also, knowing that there are 20 properties sold every month in the area should give you an idea of how often properties are selling and what kind of opportunity there is.
On Rightmove in Killingbeck, what properties are available to rent?
To rent a property, the below subheadings go over everything relevant for those looking to rent out a house.
In Killingbeck, 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 16% in Killingbeck. 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 Killingbeck
In the city of Killingbeck, the population stands at 33993 individuals. Among this population, it is noteworthy to consider the educational levels. Approximately 16% of the residents hold a higher-level educational degree.
Additionally, the average household income in the area amounts to £38,322.37. 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.
How much outdoor space is there in Killingbeck?
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 Killingbeck, the current data indicates that there are 14.6 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.
On Rightmove and in Killingbeck, how many HMOs are licenced?
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 £531.
This should give you an indication if it is worth the difference in price to upgrade to a room with a bathroom in Killingbeck. Understanding where is best to rent in Killingbeck involves considering the average asking price for a House in Multiple Occupation (HMO) and comparing this to normal rents.
Home listings in Killingbeck on the platform of Rightmove
Property investment opportunities presented on Rightmove in Killingbeck
In Killingbeck, the average asking rent in the area is £876 and there is a table below that goes over the asking rent for every type of property there is. Also, in Killingbeck, the average yield of properties is £0. 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 Killingbeck, analysing Rightmove, what are the number of planning permission applications?
The city of Killingbeck, according to Rightmove listings, has a commendable planning success rate of nan and there are around 9 that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Killingbeck.
What is a commons purchase price for property on Rightmove?
The average sold price of properties in Killingbeck, UK, available on Rightmove is £177,296. 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 deep dive into rental yield and how this impacts Killingbeck
Rental yield in Killingbeck is £0 as of 2023. However, this is not to say that there are not higher yields out there. When the economy was favourable for property in 2018. Yields were as high as 11% in places like Sheffield in some cases. However, an average, yet respectable figure you can expect from a property in the UK is around 4.4% so you can compare Killingbeck’s yield of £0 to see if you are above or below.
It is useful to note that even though a property may have a below average rental yield, it can still benefit from capital appreciation over time and this profit can be taken when the property is sold.
An overview of Killingbeck property in Rightmove from an investment perspective
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 20 properties are sold each month), you can work out the turnover too, which is nan in Killingbeck.
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 7%. 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.
The greater the number of sales per month in the area of Killingbeck, the more it could be argued that the property market is improving. As you read on, consider this factor amongst others such as the type of property that is in the area.
Frequently asked Questions
How much does the average property cost in Killingbeck 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 Killingbeck, the average cost of a home available for purchase is £177,296. You can compare these figures to see how far away this city is from the average.
In the process of property hunting on Rightmove in Killingbeck, do hidden costs come into play?
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 Killingbeck as indicated by Rightmove?
The current crime rate in Killingbeck is such that 22600% incidents are recorded for every 1000 residents.
What are the house sales per month in Killingbeck?
To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, you can look at the houses sold each month which is 20. Typically, the higher this figure is, the more likely it is that this area is highly sought after and there is a strong buyer demand. Check out the property sales in a similar area in order to find a comparison.
What’s the usual price range for a three-bedroom property on Rightmove in Killingbeck?
The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.