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 Marazion 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 2 number of properties that are sold.
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On Rightmove, how are properties listed for sale?
From Marazion’s Rightmove data, what are the number of planning permission applications?
The city of Marazion, according to Rightmove listings, has a commendable planning success rate of nan and there are around 2 that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Marazion.
What are properties sold for on average on Rightmove?
In the area of Marazion in the UK, the average sold price of a property is around £308,533. This is based on the average of all of the types of property listed on Rightmove and other listing platforms. Take a look below to see how this average is made up:
| Type of property | Average sold price |
|---|---|
| detached house | £430,929 |
| Semi detached house | £279,446 |
| Terraced house | £284,440 |
| Flat | £239,385 |
A deep dive into rental yield and how this impacts Marazion
Rental yield in Marazion is no relevant data for this city 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 Marazion’s yield of no relevant data for this city 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.
How Rightmove listings in Marazion help you make an investment
There is a fair amount of insight that you can gather from the city of Marazion 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, no relevant data for this city is the average rental yield and the average asking rent is no relevant data for this city.
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 |
|---|---|
| 1 | TR17 |
| 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 |
Every month, properties are sold on the platform of Rightmove in Marazion and you can explore the topics below related to sales that give you an overview of the market.
A look into Rightmove’s Marazion property as an Investment
When considering buying a house for an investment in the area of South 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 2. 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 Marazion 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 8%. So, you can make of that as you will.
By analysing Rightmove in Marazion, is there a lot of green, outdoor space?
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 Marazion, the available data reveals that there are 23.4 acres of green space per thousand residents. For health reasons, there should be 6 acres.
According to Rightmove data in Marazion, is it worth moving into a HMO?
When it comes to renting in Marazion, it’s important to consider the average asking price for a House in Multiple Occupation (HMO), which is no relevant data for this city. This data is particularly valuable for individuals seeking affordable rental options or like the idea of renting with housemates. If you are looking for more of an expensive property, there are no relevant data for this city HMO properties with an ensuite too. Contrary to what you may believe, not all HMOs have to be cramped with a lack of space. A HMO with an ensuite will mean you won’t have to come out of your room to use the bathroom, making things very convenient.
According to the most recent Rightmove data, there are a total of nan licensed HMOs in Marazion, giving you an idea of the variety and options available in the market.
Properties to Rent in Marazion on Rightmove
Understanding education levels in the area of Marazion
When considering Marazion, its population reaches 1557 individuals. It is useful to note that around 27% of the residents have attained a higher level of education and the average household income in the area is £37,102.17. 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.
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.
In Marazion, in terms of affordable housing and social rent, what does Rightmove data show?
If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, 19% of individuals in Marazion 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 £37,102.17. Most people in the Uk earn around £34,000 which is convenient for comparison.
Frequently Asked Questions by Rightmove users
Uncover the typical property asking price in Marazion through Rightmove data.
The average property price for the UK currently stands at £286,000. In the local area of Marazion, the average price of a house for sale in the area is £308,533
Are there any undisclosed expenses associated with property searches on Rightmove within Marazion?
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.
Is there substantial criminal activity in the area around Marazion as indicated by Rightmove?
The ongoing crime rate in Marazion indicates 4600% instances for every 1000 citizens.
According to online listings, what’s the count of property transactions per month in Marazion?
2 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, what is the average price of a three-bed property in Marazion?
Properties with three bedrooms command an average asking price of no relevant data for this city. This can be juxtaposed with the mean property price of the entire united kingdom which is £286,000. Or, for a more accurate figure, you can compare it to the average price of a three bed property in the UK which is £283,706.
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