In this overview, we’ll delve into the Rightmove data for Northampton, 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 30 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.
We help you find the right agent
At lofti we want to simplify your life and help you buy, sell or rent your property. We have assembled all the agent in Northampton to help you find the perfect agent for you
What are the number of HMOs on Rightmove that are licenced in the area of Northampton?
When it comes to renting in Northampton, 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 £530 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 Northampton, giving you an idea of the variety and options available in the market.
From Rightmove listings, what is the availability of green space in Northampton
Green space is highly recommended for everyone’s well-being, but it is often compromised. Urban areas, in particular, tend to have insufficient green space compared to the recommended benchmark of 6 acres per thousand people according to Fields in Trust seen here. In Northampton, the current data indicates that there are 19.8 acres of green space available per thousand residents. By comparing this figure to the recommended standard of 6, we can assess the adequacy of green space in the area based on Rightmove data.
In Northampton, what does the property sales data look like based on Rightmove?
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 Northampton is talked about below and in the following headings.
In the area, using Rightmove data, what are most people selling their property for?
The average sold price of properties in Northampton, UK, available on Rightmove is £191,986. 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 | £128,320 |
| Terraced house | £206,165 |
| Semi-detached house | £278,455 |
| detached house | £378,369 |
Property investment opportunities presented on Rightmove in the city of Northampton
Based on Rightmove, there is a lot of data you can gather about Northampton and there is a lot that can go towards making the decision to invest. So, the average rental yield of the area is £0. and the average asking rent based on Rightmove data is £888. In general, the higher this figure is for asking rent, the more the mortgage payments will likely be when you buy the property, hence the rental income has to go up in order to pay it off. It is also useful to find out the asking rent property by property. First of all, the average rent for a one bedroom property is NN1, for a two bed is, £771, a three bed is £971. Finally, a four bed average asking price is £1,225, and a five bed, no relevant data for this city. Comparing these prices should allow you to work out what property to buy based on your budget and the mortgage that fits the average asking rent.
Investment analysis of Rightmove property in Northampton
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 30 properties are sold each month), you can work out the turnover too, which is 0.95 in Northampton.
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 no relevant data for this city. Also comparing this data to an area slightly bigger, such as West Midlands by visiting our page for this, you can find additional data to help you on your search too.
Is it important to look at yield in Northampton in further detail?
Northampton averages at £0 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 £0 in Northampton, is worked out by dividing the net rental income of a property by the purchase price.
From Northampton’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 Northampton, this number is 11 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 Northampton, you may be able to do the same and make some money.
Properties to Rent in Northampton on Rightmove
What is the outlook for social rent and affordable housing according to Rightmove in Northampton?
If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, 17% of individuals in Northampton 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 £43,305.56. Most people in the Uk earn around £34,000 which is convenient for comparison.
To rent a property, the below subheadings go over everything relevant for those looking to rent out a house.
How to examine income data from Rightmove for Northampton
If you are renting or looking to rent, it is good practice to recognise if in the area you are searching, the people have higher incomes. The average household income in this area is £43,305.56 and this figure on a nationwide level has an average of £34,000. It is important to understand this because you want to be in a location that suits your taste and budget.
Northampton’s demographics also reveal a population of 29209 individuals and a percentage of people with degrees falling at 30%. Keep this in mind too and compare it to the average percentage of degrees in the UK which is 22.6%. You don’t necessarily want to be around people you aren’t like or have nothing in common with.
Frequently Asked Questions by Rightmove users
In the city of Northampton, what is the median property price?
The average property price for the UK currently stands at £286,000. In the local area of Northampton, the average price of a house for sale in the area is £191,986
In the process of property hunting on Rightmove in Northampton, 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)
Does Rightmove data indicate a high occurrence of crime in the vicinity of Northampton?
The city of Northampton currently has a crime rate where for every 1000 people who live there 30900% commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.
In Northampton, how many sales per month are there according to listing portals?
To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, consider that 30 properties are being sold every month.
On Rightmove, what is the average price of a three-bed property in Northampton?
For properties encompassing three bedrooms, the typical asking price hovers around £971. This can be contrasted with the mean property valuations.
0 Comments