Choosing the perfect location to buy property in the UK involves a lot of factors.
This piece discusses the nature of Rightmove (and other listing platforms) data for Sunbury, aiming to guide your investment decisions.
It’s worth noting that currently, 18 properties are listed for sale and sold on Rightmove in this area every single month so you have an idea of your options to pick from.
We will also go over the properties for rent in the area on Rightmove if you are looking to become a new tenant.
Properties to Rent in Sunbury on Rightmove
Analysing the rate of education in Sunbury from Rightmove
When considering Sunbury, its population reaches 20480 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 £59,347.27. 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.
What is the Rightmove data regarding social rent and affordable housing in Sunbury?
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, 13% of individuals in Sunbury rely on government rent and the average household income in the district is £59,347.27.
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.
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.
Properties for sale in Sunbury on Rightmove
On average and according to Rightmove data, what do properties sell for?
Using Rightmove, there is an average sold price of property that is £444,818 in Sunbury. The average sold price provides a benchmark for understanding property values in the area and you may want to look at a more detailed overview of individual types of property below.
|Property category||Average price of property|
In terms of the number of planning permission applications on Rightmove, what should there be in Sunbury?
The city of Sunbury, according to Rightmove listings, has a commendable planning success rate of nan and there are around 11 that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Sunbury.
Looking to buy a house? Rightmove offers a diverse selection of properties for sale. Some of these listings are sold to homeowners and some are sold to investors looking to make a return. Check out more data related to properties for sale in other areas by checking out our list of properties that are for sale throughout the UK if you are interested in comparing Sunbury to other regions.
Investment analysis of Rightmove property in Sunbury
In the area of Sunbury, Rightmove records consistent sales of 18 properties each month, generating an average yearly turnover of 0.52. This turnover is just from property sales relative to the properties that there already are and 5% is the population change over ten years.
All of these pieces of data should be looked at as a whole and considered based on what you are looking for as an investor. For example, if an area’s population is declining and their turnover is above average (22%), it could indicate that there are a large number of people moving out of the area.
Sometimes, you aren’t able to find the right property in your area on Rightmove. So, check out if you want to keep looking in your wider UK region of Greater London by looking at further houses for sale here.
A closer look at rental yield on Rightmove in Sunbury
A serious investor will know what yield is and how to work it out. The formula is true for Sunbury and everywhere else in the UK. Simply calculate net rental yield and the purchase price of the home and then divide the former by the latter. When this calculation is done, for Sunbury the figure is £0.
This £0 as a percentage is essentially the amount of money that a landlord makes from the deal in relation to the amount of money they have invested. Take a look at other calculations too like return on capital invested to get a return that is comparable to a direct “return on investment” calculation such as that of a bank.
How Rightmove listings in Sunbury help you make an investment
There is a fair amount of insight that you can gather from the city of Sunbury 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 £1,490.
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|
By analysing Rightmove in Sunbury, is there a lot of green, outdoor space?
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 Sunbury, this is 43.0. Compare this figure of 6 which is recommended to have and the data for Sunbury to tell how much green space is around.
What are the number of HMOs on Rightmove that are licenced in the area of Sunbury?
When it comes to renting in Sunbury, 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 £706 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 Sunbury, 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 Sunbury according to Rightmove data?
At present, within the confines of Sunbury, the mean price for houses listed for sale is £444,818.
In the process of property hunting on Rightmove in Sunbury, do hidden costs come into play?
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.
Is there substantial criminal activity in the area around Sunbury as indicated by Rightmove?
The current crime rate in Sunbury is such that 106 incidents are recorded for every 1000 residents.
What’s the frequency of property sales per month in Sunbury as reported by listing portals?
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 18. 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.
According to Rightmove, what’s the mean price of a three-bedroom property in Sunbury?
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.