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What is the property market like in Knowsley on Rightmove?

by | Jul 6, 2023

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

In the UK, there is a lot that goes into deciding on the right place to buy. The decision gets even more complex if you are buying for an investment as you will have to think a bit more logically rather than thinking emotionally when buying a property. In this article, we go over what the Rightmove data looks like for the city of Knowsley so you can make the best decisions and make money on your property purchases. Getting involved in one of the 11 property deals that come off the market each month.

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In the city of Knowsley, regarding Rightmove, what would it look like living in a HMO?

In Knowsley, of the total number of licensed HMOs (nan) that are legally registered as a House of Multiple Occupancy, the average asking rent is no relevant data for this city. If you are trying to find a cheap way to rent but also don’t want to share the entire property with other renters, you also have the option to rent a room with a bathroom attached. These are known as ensuites and the cost to rent one in Knowsley is currently no relevant data for this city, usually slightly above what is asked to rent a normal room without an ensuite in a HMO.

How much outdoor space is there in Knowsley?

Green space is something that is recommended to everyone to have but then again, it is often compromised in a lot of locations. For instance, in cities, the amount of green space is often well below the recommended figure of 6 acres of green space for every thousand people. In Knowsley, this is 17.7. Compare this figure of 6 which is recommended to have and the data for Knowsley to tell how much green space is around.

Properties to Rent in Knowsley on Rightmove

What is the Rightmove data regarding social rent and affordable housing in Knowsley?

There is often a negative stigma attached to affordable housing and social rent. If you are looking for Rightmove data concerning this, the percentage of people renting from the government is: 8%. Also, in Knowsley, the average amount that people earn per household is £36,521.05. These are not standalone figures so it is important to compare this data to other factors such as the crime rate and also visit an area in person to truly see what it is like. Take these figures with a pinch of salt as there are areas that are unsafe in the UK where people earn a higher wage such as some areas in Central London. On the other hand, there are places with high amounts of social rent where crime rate isn’t high at all like in Ardwick, Manchester. People earn a humble average household income of £30,450 yet the rate of crime is just 1 out of every 1000 people.

Sometimes, buying isn’t suitable for everyone. Fortunately, renting is also an option and there is a lot of data that can be gathered from Rightmove for this too.

Concerning Rightmove, what is the education level like in Knowsley?

Within the city of Knowsley, the population amounts to 42974 individuals. Among these residents, it is notable that approximately 21% hold a higher-level educational degree. Furthermore, the average household income in the area stands at £36,521.05. For renters, it is essential to recognize that if the percentage of degree holders surpasses the regional average of 22.6%, your neighbours are likely to have higher incomes. Although other factors influence neighbour quality, acknowledging educational achievements proves beneficial.

Properties for sale in Knowsley on Rightmove

On Rightmove, how many planning permission applications are there based in Knowsley?

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 Knowsley, this number is 5 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 Knowsley, you may be able to do the same and make some money.

The greater the number of sales per month in the area of Knowsley, 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.

What are properties sold for on average on Rightmove?

By looking at the below table taken from Rightmove data, you can gain great insights into the property market of Knowsley. With an overall sold price of approximately £175,034, according to Rightmove and further listing platforms such as Zoopla, buyers can now make an informed decision as to whether this suits their budget.

Class of property Average sale
Flat £83,247
Terraced house £109,597
Semi-detached house £164,406
detached house £252,377

An overview of Knowsley property in Rightmove from an investment perspective

When considering buying a house for an investment in the area of North West, you can click here to find further information about houses for sale. There are also a few metrics to look at that make the investment more appealing.



For instance, you should look at the number of property sales that the area has every month which is 11. This, alongside the city’s relative population, should give you an indication of the turnover. The turnover is a piece of data that looks at how many houses have been sold in relation to the number of properties there are.



On average throughout the UK, in a calendar year, this data is around 22% but for Knowsley it is nan. Finally, a growing population is always a good sign. The change in population that has happened over the last decade has been 4%. So, you can make of that as you will.

How can property investments be made using Rightmove data?

Based on Rightmove, there is a lot of data you can gather about Knowsley 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 £759. 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 L34, 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.

A deep dive into rental yield and how this impacts Knowsley

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 Knowsley 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 Knowsley, landlords look for a mix of appreciation and high yields but the gains from capital appreciation aren’t realised until the property is sold.

What are some frequently asked questions?

How much does the average property cost in Knowsley according to Rightmove data?

Currently, the average worth of a property in the UK stands at £286,000. Focusing locally on Knowsley, the mean selling price for houses in the area is £175,034. 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.

Are there any undisclosed expenses associated with property searches on Rightmove within Knowsley?

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.

According to Rightmove data, how prevalent is crime in Knowsley’s vicinity?

In Knowsley, the prevailing crime rate results in 11600% occurrences for every 1000 residents. This contrasts with the nationwide average of 79.52 incidents for every 1000 individuals.

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

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 11. 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 average cost of a three-bedroom property in Knowsley as per Rightmove data?

For properties encompassing three bedrooms, the typical asking price hovers around no relevant data for this city. This can be contrasted with the mean property valuations.

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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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