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An outlook on houses for rent and sale on Rightmove in Lydiate

by | Jul 6, 2023

Home $ An overview on Rightmove property listings in the UK $ An outlook on houses for rent and sale on Rightmove in Lydiate

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 Lydiate, aiming to guide your investment decisions.
It’s worth noting that currently, 16 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.

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By analysing Rightmove in Lydiate, is there a lot of green, outdoor space?

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 Lydiate, this is 17.7. Compare this figure of 6 which is recommended to have and the data for Lydiate to tell how much green space is around.

How many HMOs are licenced in the city of Lydiate on Rightmove?

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 no relevant data for this city.
This should give you an indication if it is worth the difference in price to upgrade to a room with a bathroom in Lydiate. Understanding where is best to rent in Lydiate involves considering the average asking price for a House in Multiple Occupation (HMO) and comparing this to normal rents.

Properties to Rent in Lydiate on Rightmove

Looking to rent? Find the most valuable data points for the process of renting below. See our full list of areas in the UK with data from Rightmove if you want to compare these rents to other areas in the UK.

What is the outlook for social rent and affordable housing according to Rightmove in Lydiate?

If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, 4% of individuals in Lydiate 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.

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

When considering Lydiate, its population reaches 30316 individuals. It is useful to note that around 25% of the residents have attained a higher level of education and the average household income in the area is £36,521.05. 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.

On Rightmove, how are properties listed for sale?

A city such as Lydiate has a fair amount of houses for sale on Rightmove. In the following headings, we go over all the relevant data related to Rightmove so you can begin the process of buying a house. Figuring out the best type of property to buy is a difficult process so it is useful to see all the relevant information condensed in one place.

A look into Rightmove’s Lydiate property as an Investment

As you delve into the property landscape of Lydiate in the region of North 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 16. 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 1% and positive changes generally show there is a growing population no matter if you are talking about a city or a wider region like North West.

From Lydiate’s Rightmove data, what are the number of planning permission applications?

82 out of every 100 applications for planning permission in the UK results in a success according to recent data. When it comes to Lydiate, the people who own homes in this area have a rate of planning success of 94%. Individuals usually seek to modify their properties and apply for planning permission whenever they are trying to increase the value of a home.
This means investors should take note of this data in Lydiate. An above-average success rate indicates that property renovations have been proven to work and are repeatable or it could mean that a lot of the properties in the area are very simple in design. This presents an opportunity for investors to assess successful strategies in the area and adopt similar approaches and of the 13 that take place each month, this is likely the case a lot of the time.

How can property investments be made using Rightmove data?

Rightmove data can tell you a lot about the average asking rents of the area of Lydiate. For example, the table below goes over how rents are distributed according to the number of rooms in the property. Also, the national figure for rental yield that is most common is 4.4%. The no relevant data for this city which is the average yield of rent in the area can be compared for reference.
Read on to see what kind of rent you are looking to charge if you bought a property to see what size is best. Bear in mind as you do so that the average amount of rent that is asked for is no relevant data for this city.

Asking rent Bedrooms
no relevant data for this city 5
no relevant data for this city 4
no relevant data for this city 3
no relevant data for this city 2
L31 1

In the area, using Rightmove data, what are most people selling their property for?

Using Rightmove, there is an average sold price of property that is £206,412 in Lydiate. 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
Flat £108,968
Terraced house £170,736
Semi-detached house £189,258
detached house £268,343

A closer look at rental yield on Rightmove in Lydiate

Lydiate averages at no relevant data for this city 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 no relevant data for this city in Lydiate, is worked out by dividing the net rental income of a property by the purchase price.

Frequently Asked Questions by Rightmove users

Discover the mean property value in Lydiate as reported on Rightmove.

The average property price for the UK currently stands at £286,000. In the local area of Lydiate, the average price of a house for sale in the area is £206,412

On Rightmove, are there any hidden costs when searching for property in the city of Lydiate?

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 Lydiate’s vicinity?

The ongoing crime rate in Lydiate indicates 5800% instances for every 1000 citizens.

What’s the frequency of property sales per month in Lydiate as reported by listing portals?

16 properties are sold in the area every month. A figure you should pay attention to, particularly if you are an investor looking to

On Rightmove, how much does a three-bed property typically cost in Lydiate?

The average price for a property that has three bedrooms is no relevant data for this city. This can be compared to average property prices

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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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