In this overview, we’ll delve into the Rightmove data for Queenborough, 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 5 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.
In Queenborough, what property are people trying to rent on Rightmove?
Analysing the rate of education in Queenborough from Rightmove
In the city of Queenborough, the population stands at 3396 individuals. Among this population, it is noteworthy to consider the educational levels. Approximately 10% of the residents hold a higher-level educational degree.
Additionally, the average household income in the area amounts to £46,729.73. This information is significant for renters, as a higher percentage of degree holders compared to the regional average of 22.6% suggests that your neighbours are likely to be higher earners. While other factors influence neighbour quality too, considering the education level remains beneficial as you’d likely want to be around people you are similar to.
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.
What is the outlook for social rent and affordable housing according to Rightmove in Queenborough?
Not everyone is inclined to purchase a house and in fact, some people are actually struggling with renting to the extent that they have to rent from the government. According to data scraped from Rightmove and listing portals that are popular in the UK, 17% of individuals in Queenborough rely on government rent and the average household income in the district is £46,729.73.
Always visit an area too to find out what the area is truly like and compare these figures to the national averages of 22.6% (on social rent) and £34,000 (in household earnings per year). Most people prefer to live amongst people where their incomes are similar.
If you are a tenant, perhaps move in as a lodger in an excluded tenancy agreement instead of as an assured tenant. While you have fewer rights, a tenancy may be easier to secure.
On Rightmove, how are properties listed for sale?
An overview of Queenborough property in Rightmove from an investment perspective
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 5 properties are sold each month), you can work out the turnover too, which is nan in Queenborough.
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 12%. Also comparing this data to an area slightly bigger, such as South East by visiting our page for this, you can find additional data to help you on your search too.
In terms of the number of planning permission applications on Rightmove, what should there be in Queenborough?
In the UK, planning applications result in a success rate of 82% most of the time. In Queenborough, people plan to make modifications to their properties and apply for planning permission with a planning success rate of nan.
This is interesting data for investors in particular. An above average success indicates renovations are tried and tested and likely an investment from landlords. This is a great opportunity for investors to model what works in the area and do the same. On the other hand, a lower approval indicates there are more ambitious proposals in the area and of the 1 monthly planning applications in Queenborough, property here is more difficult to conduct improvements on.
If you don’t want to deal with planning permission, consider buying a property as a leaseholder which means you don’t own the land and any planning permission is done by the freeholder who owns the land.
If you do this, you will have to look at when a leasehold expires as well as other disadvantages though. However, there are pros and cons of being a leaseholder or a freeholder. For instance, as a freeholder, you may have to evict a leaseholder in a process known as a forfeiture of lease. So, pay attention to the advantages and disadvantages and what path you actually want to go down.
A city such as Queenborough 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 closer look at rental yield on Rightmove in Queenborough
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 Queenborough, there is an average of no relevant data for this city for rental yield.
Queenborough 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 no relevant data for this city 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.
How Rightmove listings in Queenborough help you make an investment
Rightmove data can tell you a lot about the average asking rents of the area of Queenborough. 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.
|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|
What is a commons purchase price for property on Rightmove?
In the area of Queenborough in the UK, the average sold price of a property is around £209,139. 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||no relevant data for this city|
|Semi detached house||£223,035|
|Flat||no relevant data for this city|
Will you be moving into somewhere with a lot of green space if you moved to Queenborough?
Green space is universally recommended but unfortunately often compromised in various locations. In cities, the amount of green space often falls below the recommended threshold of 6 acres of green space per thousand people.
In Queenborough, the current data indicates the presence of 24.7 acres of green space per thousand residents. By comparing this value to the recommended benchmark of 6, we can evaluate the sufficiency of green space in the area.
What are the number of HMOs on Rightmove that are licenced in the area of Queenborough?
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 Queenborough. Understanding where is best to rent in Queenborough involves considering the average asking price for a House in Multiple Occupation (HMO) and comparing this to normal rents.
Frequently asked Questions
Uncover the typical property asking price in Queenborough through Rightmove data.
In Queenborough, the mean price for residential properties up for sale is £209,139. The mean price for the average property valuation across the UK is £286,000.
Does exploring properties on Rightmove within Queenborough come with any fees you may not be aware of?
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.
According to Rightmove data, how prevalent is crime in Queenborough’s vicinity?
The ongoing crime rate in Queenborough indicates 207 instances for every 1000 citizens.
How many monthly property sales does Queenborough witness according to listing platforms?
5 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 Queenborough?
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.