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 Llysfaen, aiming to guide your investment decisions.
It’s worth noting that currently, 18 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.
In Llysfaen, what property are people trying to rent on Rightmove?
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.
In Llysfaen, 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 7% in Llysfaen. And they have an average household income of £37,146.15. 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.
Llysfaen’s demographics and income insights based on Rightmove data
When considering Llysfaen, its population reaches 20433 individuals. It is useful to note that around 26% of the residents have attained a higher level of education and the average household income in the area is £37,146.15. 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 Llysfaen, what does the property sales data look like based on Rightmove?
How can property investments be made using Rightmove data?
In Llysfaen, the average asking rent in the area is no relevant data for this city and there is a table below that goes over the asking rent for every type of property there is. Also, in Llysfaen, the average yield of properties is no relevant data for this city. 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|
Is it important to look at yield in Llysfaen in further detail?
As you may be aware, rental yield is an extremely important metric to judge how effective a property is in terms of producing a return on investment. In the city of Llysfaen, there is an average of no relevant data for this city for rental yield.
Llysfaen can be compared to the rest of the UK that tends to have an average of around 4.4% yield where the higher the yield the higher the return on the amount of money in the deal. This is because the area’s rental yield of no relevant data for this city is first worked out by multiplying the monthly rent by twelve to find the annual rent. Then, you take away the associated costs of the property from the annual rental income to find the net rent. This net rent can then be divided by the purchase price and multiplied by 100 to find the rental yield as a percentage.
In Llysfaen, what are the number of planning permission applications on Rightmove?
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 Llysfaen, 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 Llysfaen, you may be able to do the same and make some money.
What are properties sold for on average on Rightmove?
Using Rightmove, there is an average sold price of property that is £167,102 in Llysfaen. 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|
Looking to buy a house? Rightmove offers a diverse selection of properties for sale. Some of these listings are sold to homeowners and some are sold to investors looking to make a return. Check out more data related to properties for sale in other areas by checking out our list of properties that are for sale throughout the UK if you are interested in comparing Llysfaen to other regions.
A quick insight into Rightmove property Llysfaen
When contemplating an investment property, you can look at the figures of turnover, the number of sales there are every month in the area, and the population change over ten years. The below table is related to the city rather than the wider area of Wales. However, you can find data for the wider region here.
|Data for Llysfaen||Average for the UK|
|Property sales per month||18||576,000|
|Population growth over 10 years||3%||6.5%|
It is worth noting that the figures above will be useful if you compare them to the wider region of the UK of Wales.
From Rightmove listings, what is the availability of green space in Llysfaen
Green space is a vital element that is often compromised in different locations, hindering its availability. For instance, urban areas frequently fall short of the recommended benchmark of 6 acres of green space per thousand people. In Llysfaen, the available data reveals that there are 19.4 acres of green space per thousand residents. For health reasons, there should be 6 acres.
How many HMOs are licenced in the city of Llysfaen on Rightmove?
The average asking price for a House in Multiple Occupation (HMO) in Llysfaen 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 Llysfaen is no relevant data for this city 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.
Frequently asked Questions
In the city of Llysfaen, what is the median property price?
Currently, the average worth of a property in the UK stands at £286,000. Focusing locally on Llysfaen, the mean selling price for houses in the area is £167,102. 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.
In the process of property hunting on Rightmove in Llysfaen, do hidden costs come into play?
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)
According to Rightmove data, how prevalent is crime in Llysfaen’s vicinity?
The ongoing crime rate in Llysfaen indicates 16200% instances for every 1000 citizens.
According to online listings, what’s the count of property transactions per month in Llysfaen?
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 18. 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 Llysfaen?
The average cost to rent a property with three bedrooms is no relevant data for this city. This can be weighed against the average property price trends.