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What is the property market like in Warndon on Rightmove?

by | Jul 6, 2023

Home $ An overview on Rightmove property listings in the UK $ What is the property market like in Warndon on Rightmove?

Deciding on the right property to purchase in the UK is a big deal. The decision to rent and where to rent is also a huge decision too. This article goes over the Rightmove data related to Warndon and analyses just how good of an area it is to find somewhere to buy or to rent.
By the end of the article, you should be able to make an informed decision and pick from the list of properties to rent or the 16 number of properties that are sold.

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On Rightmove and in Warndon, how many HMOs are licenced?

The average asking price for a House in Multiple Occupation (HMO) in Warndon is no relevant data for this city. Understanding this information is essential for anyone interested in saving some money on rent because Houses of Multiple Occupancy tend to be cheaper to rent than any other type of property.
By opting for shared living arrangements within a HMO, you can also get an ensuite in your room too. The average price of a room with an ensuite in a HMO in the city of Warndon is £496 and there are also 55 in the area in total. This number of licenced HMO properties should be looked at in relation to the fact there are 56,000 properties that are licenced in the whole of the UK so you can see how much this area contains.

From Rightmove listings, what is the availability of green space in Warndon

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 Warndon, the current data indicates that there are 18.1 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 Warndon, what property are people trying to rent on Rightmove?

To rent a property, the below subheadings go over everything relevant for those looking to rent out a house.

What is the level of Rightmove affordable housing and social rent in Warndon?

If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, 19% of individuals in Warndon 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 £41,740.00. Most people in the Uk earn around £34,000 which is convenient for comparison.

How to examine income data from Rightmove for Warndon

When considering Warndon, its population reaches 26127 individuals. It is useful to note that around 22% of the residents have attained a higher level of education and the average household income in the area is £41,740.00. 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.

A list of properties for Sale in Warndon on Rightmove

In Warndon, analysing Rightmove, what are the number of planning permission applications?

Applying for planning permission in Warndon is something landlords tend to do if they want to add some value to their home. As of this month, there were 3 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 93% 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 Warndon too, there is a decent amount of opportunity to buy, renovate and make a profit.

Is it important to look at yield in Warndon in further detail?

Rental yield in Warndon is £0 as of 2023. However, this is not to say that there are not higher yields out there. When the economy was favourable for property in 2018. Yields were as high as 11% in places like Sheffield in some cases. However, an average, yet respectable figure you can expect from a property in the UK is around 4.4% so you can compare Warndon’s yield of £0 to see if you are above or below.
It is useful to note that even though a property may have a below average rental yield, it can still benefit from capital appreciation over time and this profit can be taken when the property is sold.

What are properties sold for on average on Rightmove?

In the area of Warndon in the UK, the average sold price of a property is around £206,359. 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 £301,816
Semi detached house £180,948
Terraced house £173,552
Flat £100,756

The greater the number of sales per month in the area of Warndon, 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.

An overview of Warndon 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 16 properties are sold each month), you can work out the turnover too, which is nan in Warndon.



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 3%. 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.

How to invest in property in Warndon using Rightmove data

In the area, average asking rents are around £803. 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 Warndon.

Average asking rent Number of bedrooms in house
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
WR4 1

Frequently Asked Questions by Rightmove users

Discover the mean property value in Warndon as reported on Rightmove.

Currently, the average worth of a property in the UK stands at £286,000. Focusing locally on Warndon, the mean selling price for houses in the area is £206,359. You can look at these two numbers and see if the price in the area is higher or lower than what is the average figure for the rest of the UK.

In the process of property hunting on Rightmove in Warndon, do hidden costs come into play?

Landlords should remain attentive to several financial considerations. These may include but are not limited to the costs of running the property, the rate of stamp duty and renovation costs.

Does Rightmove data indicate a high occurrence of crime in the vicinity of Warndon?

The city of Warndon currently has a crime rate where for every 1000 people who live there 15800% commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.

What’s the frequency of property sales per month in Warndon as reported by listing portals?

To comprehend the insights extracted from listing portals like Rightmove begin by acknowledging that the ongoing frequency of houses sold each month equates to 16. To learn more about houses for sale and why this data is important

On Rightmove, how much does a three-bed property typically cost in Warndon?

For properties encompassing three bedrooms, the typical asking price hovers around no relevant data for this city. This can be contrasted with the mean property valuations.

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donnell-bailey

Donnell Bailey

Property expert

Donnell is a property expert focusing on the property market, he looks at a combination of legislation, information from property managers, letting agents and market trends to produce information to help landlords.

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