In this overview, we’ll delve into the Rightmove data for Liverpool, 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 7 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, how are properties listed for sale?
What are properties sold for on average on Rightmove?
When exploring the property market in Liverpool, UK, there is a lot of information that can be gathered on listing platforms and on Rightmove. The average sold price across all property types is approximately £143,328, this provides valuable insight into market trends.
Refer to the table below for a detailed breakdown of sold prices across different property categories.
|Property type||Average selling point|
Exploring Liverpool’s real estate investment potential on Rightmove
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 7 properties are sold each month), you can work out the turnover too, which is 0.36 in Liverpool.
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 8%. Also comparing this data to an area slightly bigger, such as North West by visiting our page for this, you can find additional data to help you on your search too.
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 Liverpool is talked about below and in the following headings.
A deep dive into rental yield and how this impacts Liverpool
Rental yield in Liverpool 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 Liverpool’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.
From Liverpool’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 Liverpool, 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 Liverpool, you may be able to do the same and make some money.
How to invest in property in Liverpool using Rightmove data
In Liverpool, the average asking rent in the area is £760 and there is a table below that goes over the asking rent for every type of property there is. Also, in Liverpool, 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|
On Rightmove in Liverpool, what properties are available to rent?
What is the level of Rightmove affordable housing and social rent in Liverpool?
If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, 24% of individuals in Liverpool 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 £36,521.05. Most people in the Uk earn around £34,000 which is convenient for comparison.
Not everyone wants to buy a house, in the below headings, we go over what is useful to know when renting a property instead. Consider paying letting agents fees if you don’t want to find tenants yourself. Also, once you have researched your area in detail, make sure you have the right AST to sign them with.
Liverpool’s demographics and income insights based on Rightmove data
Within the city of Liverpool, the population amounts to 404341 individuals. Among these residents, it is notable that approximately 24% 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.
By analysing Rightmove in Liverpool, is there a lot of green, outdoor space?
In Liverpool, the available data reveals that there are 17.7 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.
According to Rightmove data in Liverpool, is it worth moving into a HMO?
The average asking price for a House in Multiple Occupation (HMO) in Liverpool 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 Liverpool is £526 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.
What questions are asked most frequently?
What is the average property price in Liverpool on Rightmove?
The average property price for the UK currently stands at £286,000. In the local area of Liverpool, the average price of a house for sale in the area is £143,328
In the process of property hunting on Rightmove in Liverpool, do hidden costs come into play?
It’s essential for landlords to stay alert to an array of costs that you could be subject to as a landlord. These may include, stamp duty rates, costs that may come up due to renovation and also making sure they are aware of the things you can write off as a landlord in a limited company as opposed to your personal name.
According to Rightmove data, how prevalent is crime in Liverpool’s vicinity?
The current crime rate in Liverpool is such that 31365% incidents are recorded for every 1000 residents.
According to online listings, what’s the count of property transactions per month in Liverpool?
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 7. 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.
According to Rightmove, what’s the mean price of a three-bedroom property in Liverpool?
For properties encompassing three bedrooms, the typical asking price hovers around £922. This can be contrasted with the mean property valuations.