12 properties are sold from Rightmove and other listing platforms every single month in the UK. In this article we plan to go over how to buy one of these properties and also how to rent from the platform of Rightmove too.
Ordsall contains a lot of information so read carefully and start to consider how to make sure you are involved in a beneficial property deal, whether you are buying or renting.
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In Ordsall, what property are people trying to rent on Rightmove?
In Ordsall, here’s what Rightmove data says about social rent and affordable housing
Through some digging, we found the level of social rent in the area. Currently, this figure is 31% as the percentage of people who are leasing directly from the government. In the area of Ordsall, the average household income is £37,967.50 too. This is another figure to reference and compare to the £34,000 average national salary to see who is in financial hardship. You may wonder why it is necessary to have this information and the answer is because it’s important you live in an area that suits your income as life is generally more enjoyable when you pick somewhere to live amongst others in a similar situation.
Concerning Rightmove, what is the education level like in Ordsall?
When considering Ordsall, its population reaches 14500 individuals. It is useful to note that around 28% of the residents have attained a higher level of education and the average household income in the area is £37,967.50. 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.
If you are looking to rent a property, consider the data below that will help you decide on renting your next premises.
Properties for sale in Ordsall on Rightmove
From Ordsall’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 Ordsall, the people who own homes in this area have a rate of planning success of nan. 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 Ordsall. 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 2 that take place each month, this is likely the case a lot of the time.
A closer look at rental yield on Rightmove in Ordsall
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 Ordsall, there is an average of £0 for rental yield.
Ordsall 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 £0 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.
A quick insight into Rightmove property Ordsall
As you delve into the property landscape of Ordsall 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 12. 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 0.98. Every decade population change should also be considered. This figure stands at 13% 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.
What are properties sold for on average on Rightmove?
The average sold price of properties in Ordsall, UK, available on Rightmove is £186,360. 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 | £183,694 |
| Terraced house | £160,875 |
| Semi-detached house | £175,700 |
| detached house | no relevant data for this city |
How Rightmove listings in Ordsall help you make an investment
In the area, average asking rents are around £1,100. This tends to differ depending on the size of the property you are buying and the number of rooms they have. You can read more about these metrics below. For reference, the yields in the area are £0.
Combining the data of yield with the price of rent can give you a good idea about the types of investments in the area. For instance, if a property has a low yield and also low rents, it is likely a lower return, single family buy to let in a less in demand area of Ordsall.
| Average asking rent | Number of bedrooms in house |
|---|---|
| no relevant data for this city | 5 |
| no relevant data for this city | 4 |
| £1,222 | 3 |
| £990 | 2 |
| M5 | 1 |
A city such as Ordsall 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.
How many HMOs are licenced in the city of Ordsall on Rightmove?
In Ordsall, of the total number of licensed HMOs (nan) that are legally registered as a House of Multiple Occupancy, the average asking rent is no relevant data for this city. If you are trying to find a cheap way to rent but also don’t want to share the entire property with other renters, you also have the option to rent a room with a bathroom attached. These are known as ensuites and the cost to rent one in Ordsall is currently £561, usually slightly above what is asked to rent a normal room without an ensuite in a HMO.
From Rightmove listings, what is the availability of green space in Ordsall
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 Ordsall, this is 13.9. Compare this figure of 6 which is recommended to have and the data for Ordsall to tell how much green space is around.
Frequently Asked Questions by Rightmove users
How much does the average property cost in Ordsall according to Rightmove data?
In Ordsall, the mean price for residential properties up for sale is £186,360. The mean price for the average property valuation across the UK is £286,000.
Are there any undisclosed expenses associated with property searches on Rightmove within Ordsall?
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)
Based on Rightmove’s information, what’s the level of criminal activity in the Ordsall area?
The city of Ordsall currently has a crime rate where for every 1000 people who live there 100% commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.
How many monthly property sales does Ordsall witness according to listing platforms?
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 12. 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.
What’s the average cost of a three-bedroom property in Ordsall as per Rightmove data?
For properties encompassing three bedrooms, the typical asking price hovers around £1,222. This can be contrasted with the mean property valuations.
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