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 Laverstock 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 24 number of properties that are sold.
Properties to Rent in Laverstock on Rightmove
Understanding education levels in the area of Laverstock
When considering Laverstock, its population reaches 21621 individuals. It is useful to note that around 35% of the residents have attained a higher level of education and the average household income in the area is £46,200.00. 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.
In Laverstock, in terms of affordable housing and social rent, what does Rightmove data show?
Through some digging, we found the level of social rent in the area. Currently, this figure is 12% as the percentage of people who are leasing directly from the government. In the area of Laverstock, the average household income is £46,200.00 too. This is another figure to reference and compare to the £34,000 average national salary to see who is in financial hardship. You may wonder why it is necessary to have this information and the answer is because it’s important you live in an area that suits your income as life is generally more enjoyable when you pick somewhere to live amongst others in a similar situation.
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.
Properties for sale in Laverstock on Rightmove
How Rightmove listings in Laverstock help you make an investment
There is a fair amount of insight that you can gather from the city of Laverstock 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 £996.
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|
|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|
An overview of Laverstock property in Rightmove from an investment perspective
As you delve into the property landscape of Laverstock in the region of South 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 24. 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 nan. Every decade population change should also be considered. This figure stands at 7% and positive changes generally show there is a growing population no matter if you are talking about a city or a wider region like South West.
Laverstock’s rental yield on Rightmove explained
Laverstock averages at £0 for rental yield and this should be looked at in comparison with the average for the UK which tends to fluctuate around 4.4%. Having said this, rental yields can drop as low as 1% in the central areas of London and rise to as high as 9% in areas with high rental demand such as Stoke.
Yield, which is £0 in Laverstock, is worked out by dividing the net rental income of a property by the purchase price.
On Rightmove, how many planning permission applications are there based in Laverstock?
Applying for planning permission in Laverstock is something landlords tend to do if they want to add some value to their home. As of this month, there were 10 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 Laverstock too, there is a decent amount of opportunity to buy, renovate and make a profit.
Average sold prices of properties on Rightmove
The average sold price of properties in Laverstock, UK, available on Rightmove is £300,963. 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|
Every month, properties are sold on the platform of Rightmove in Laverstock and you can explore the topics below related to sales that give you an overview of the market.
On Rightmove and in Laverstock, how many HMOs are licenced?
In Laverstock, 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 Laverstock is currently £549, usually slightly above what is asked to rent a normal room without an ensuite in a HMO.
From Rightmove listings, what is the availability of green space in Laverstock
In Laverstock, the available data reveals that there are 24.1 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.
Frequently asked Questions
Discover the mean property value in Laverstock as reported on Rightmove.
At present, within the confines of Laverstock, the mean price for houses listed for sale is £300,963.
In the process of property hunting on Rightmove in Laverstock, do hidden costs come into play?
Landlords should remain attentive to several financial considerations. These may include but are not limited to the costs of running the property, the rate of stamp duty and renovation costs.
Does Rightmove data indicate a high occurrence of crime in the vicinity of Laverstock?
The ongoing crime rate in Laverstock indicates 12800% instances for every 1000 citizens.
How many monthly property sales does Laverstock 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 24. 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.
On Rightmove, how much does a three-bed property typically cost in Laverstock?
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.