30 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.
Shevington 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.
In Shevington, what property are people trying to rent on Rightmove?
Looking to rent? Find the most valuable data points for the process of renting below. See our full list of areas in the UK with data from Rightmove if you want to compare these rents to other areas in the UK.
In Shevington, here’s what Rightmove data says about social rent and affordable housing
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: 6%. Also, in Shevington, the average amount that people earn per household is £37,967.50. 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.
Concerning Rightmove, what is the education level like in Shevington?
In the city of Shevington, the population is 39725. Out of all of these people, it is worth noting the education level. 26% have a degree (a higher level educational degree). Also, the average household income of the area is £37,967.50. This is important to understand for renters as if the degree level is above the average of 22.6%, your neighbours will likely be higher earners. This is not always the case and there are still other factors that determine the quality of your neighbours but taking a note of the degree is always useful.
In Shevington, what does the property sales data look like based on Rightmove?
Average sold prices of properties on Rightmove
When exploring the property market in Shevington, UK, there is a lot of information that can be gathered on listing platforms and on Rightmove. The average sold price across all property types is approximately £183,993, this provides valuable insight into market trends.
Refer to the table below for a detailed breakdown of sold prices across different property categories.
|Property type||Average selling point|
An overview of Shevington property in Rightmove from an investment perspective
When considering buying a house for an investment in the area of North 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 30. 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 Shevington it is 1.38. Finally, a growing population is always a good sign. The change in population that has happened over the last decade has been 4%. So, you can make of that as you will.
The greater the number of sales per month in the area of Shevington, the more it could be argued that the property market is improving. As you read on, consider this factor amongst others such as the type of property that is in the area.
How to invest in property in Shevington using Rightmove data
There is a fair amount of insight that you can gather from the city of Shevington 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, £0 is the average rental yield and the average asking rent is £632.
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|
|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|
Is it important to look at yield in Shevington in further detail?
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 Shevington, there is an average of £0 for rental yield.
Shevington 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.
In Shevington, analysing Rightmove, what are the number of planning permission applications?
Applying for planning permission in Shevington is something landlords tend to do if they want to add some value to their home. As of this month, there were 6 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 Shevington too, there is a decent amount of opportunity to buy, renovate and make a profit.
Will you be moving into somewhere with a lot of green space if you moved to Shevington?
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 Shevington, this is 13.9. Compare this figure of 6 which is recommended to have and the data for Shevington to tell how much green space is around.
According to Rightmove data in Shevington, is it worth moving into a HMO?
When it comes to renting in Shevington, 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 Shevington, giving you an idea of the variety and options available in the market.
What are some frequently asked questions?
How much does the average property cost in Shevington 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 Shevington, the average cost of a home available for purchase is £183,993. You can compare these figures to see how far away this city is from the average.
Are there any undisclosed expenses associated with property searches on Rightmove within Shevington?
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 Shevington’s vicinity?
The city of Shevington currently has a crime rate where for every 1000 people who live there 6 commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.
In Shevington, how many sales per month are there according to listing portals?
30 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 usual price range for a three-bedroom property on Rightmove in Shevington?
The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.