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Rightmove properties listed in the city of Merseyside

by | Jul 6, 2023

Home $ An overview on Rightmove property listings in the UK $ Rightmove properties listed in the city of Merseyside

In this overview, we’ll delve into the Rightmove data for Merseyside, 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 21 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.

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Home listings in Merseyside on the platform of Rightmove

How Rightmove listings in Merseyside help you make an investment

Rightmove data can tell you a lot about the average asking rents of the area of Merseyside. 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 £0 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 £802.

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
CH65 1

Exploring Merseyside’s real estate investment potential on Rightmove

As you delve into the property landscape of Merseyside 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 21. 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 4% 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.

On average and according to Rightmove data, what do properties sell for?

The average sold price of properties in Merseyside, UK, available on Rightmove is £166,058. 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
Flat £87,852
Terraced house £120,317
Semi-detached house £159,260
detached house £242,547

A city such as Merseyside 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.

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

Applying for planning permission in Merseyside is something landlords tend to do if they want to add some value to their home. As of this month, there were 3 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 Merseyside too, there is a decent amount of opportunity to buy, renovate and make a profit.

A deep dive into rental yield and how this impacts Merseyside

Rental yield in Merseyside 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 Merseyside’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.

On Rightmove in Merseyside, what properties are available to rent?

Analysing the rate of education in Merseyside from Rightmove

Within the city of Merseyside, the population amounts to 61466 individuals. Among these residents, it is notable that approximately 17% 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.

What is the Rightmove data regarding social rent and affordable housing in Merseyside?

There is often a negative stigma attached to affordable housing and social rent. If you are looking for Rightmove data concerning this, the percentage of people renting from the government is: 24%. Also, in Merseyside, the average amount that people earn per household is £36,521.05. These are not standalone figures so it is important to compare this data to other factors such as the crime rate and also visit an area in person to truly see what it is like. Take these figures with a pinch of salt as there are areas that are unsafe in the UK where people earn a higher wage such as some areas in Central London. On the other hand, there are places with high amounts of social rent where crime rate isn’t high at all like in Ardwick, Manchester. People earn a humble average household income of £30,450 yet the rate of crime is just 1 out of every 1000 people.

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.

How much green space do properties have in Merseyside according to Rightmove?

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

On Rightmove and in Merseyside, how many HMOs are licenced?

When it comes to renting in Merseyside, 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 £480 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 Merseyside, giving you an idea of the variety and options available in the market.

FAQ

How much does the average property cost in Merseyside according to Rightmove data?

The mean property value in the UK is £286k but is changing all the time. Meanwhile, in the local area of Merseyside, the average cost of a home available for purchase is £166,058. You can compare these figures to see how far away this city is from the average.

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

Costs that landlords should look out for include the rate of stamp duty, costs of renovation and also what the landlord deductible expenses are in a property based on if the property is a limited company or listed in your personal name.

According to Rightmove data, how prevalent is crime in Merseyside’s vicinity?

The ongoing crime rate in Merseyside indicates 12750% instances for every 1000 citizens.

How many monthly property sales does Merseyside witness according to listing platforms?

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

What’s the average cost of a three-bedroom property in Merseyside as per Rightmove data?

The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.

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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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