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Rightmove properties listed in the city of Willenhall

by | Jul 6, 2023

Home $ An overview on Rightmove property listings in the UK $ Rightmove properties listed in the city of Willenhall

In this overview, we’ll delve into the Rightmove data for Willenhall, 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 11 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.

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On Rightmove, how are properties listed for sale?

On Rightmove, how many planning permission applications are there based in Willenhall?

Applying for planning permission in Willenhall is something landlords tend to do if they want to add some value to their home. As of this month, there were 4 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 Willenhall too, there is a decent amount of opportunity to buy, renovate and make a profit.

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 Willenhall to other regions.

Investment analysis of Rightmove property in Willenhall

When considering buying a house for an investment in the area of West Midlands, 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 11. 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 Willenhall it is nan. Finally, a growing population is always a good sign. The change in population that has happened over the last decade has been 7%. So, you can make of that as you will.

Willenhall’s rental yield on Rightmove explained

Willenhall averages at £0 for rental yield and this should be looked at in comparison with the average for the UK which tends to fluctuate around 4.4%. Having said this, rental yields can drop as low as 1% in the central areas of London and rise to as high as 9% in areas with high rental demand such as Stoke.
Yield, which is £0 in Willenhall, is worked out by dividing the net rental income of a property by the purchase price.

What are properties sold for on average on Rightmove?

By looking at the below table taken from Rightmove data, you can gain great insights into the property market of Willenhall. With an overall sold price of approximately £145,303, according to Rightmove and further listing platforms such as Zoopla, buyers can now make an informed decision as to whether this suits their budget.

Class of property Average sale
Flat £75,291
Terraced house £119,033
Semi-detached house £143,666
detached house £204,331

Property investment opportunities presented on Rightmove in the city of Willenhall

Rightmove data can tell you a lot about the average asking rents of the area of Willenhall. 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 £0 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 £702.

Asking rent Bedrooms
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
WV13 1

According to Rightmove data in Willenhall, is it worth moving into a HMO?

Prospective tenants should be aware of the average asking price for a House in Multiple Occupation (HMO), which currently stands at no relevant data for this city.
Tenants should also consider how significant, if at all, the saving in rent is when comparing the price to rent in a normal house you do not have to share in Willenhall.
Renting an HMO can provide a more affordable alternative to traditional rental arrangements and for context, there are a predicted 13,500 licenced HMOs in London. In Willenhall, there are nan for comparison so you are able to tell how abundant this type of property is.
Do not think that all HMOs have to be small rooms with a lack of space either, you also have the option to rent out a HMO with an ensuite. The average rents for this type of room stands at no relevant data for this city.

By analysing Rightmove in Willenhall, is there a lot of green, outdoor space?

Green space is a vital element that is often compromised in different locations, hindering its availability. For instance, urban areas frequently fall short of the recommended benchmark of 6 acres of green space per thousand people. In Willenhall, the available data reveals that there are 13.8 acres of green space per thousand residents. For health reasons, there should be 6 acres.

Properties to Rent in Willenhall on Rightmove

If you are looking to rent a property, consider the data below that will help you decide on renting your next premises.

Willenhall’s demographics and income insights based on Rightmove data

When considering Willenhall, its population reaches 20899 individuals. It is useful to note that around 13% of the residents have attained a higher level of education and the average household income in the area is £37,604.82. 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 outlook for social rent and affordable housing according to Rightmove in Willenhall?

It is well researched and understood that humans like to associate themself with similar people and this is why it’s important to find an area where people are earning a similar amount to you. The percentage of people who are renting from the government is 25% in Willenhall. And they have an average household income of £37,604.82. If you think these numbers are similar to your financial situation or reflect an area you want to live in, then this is a good sign.

Frequently asked Questions

How much does the average property cost in Willenhall according to Rightmove data?

The average property price for the UK currently stands at £286,000. In the local area of Willenhall, the average price of a house for sale in the area is £145,303

In the process of property hunting on Rightmove in Willenhall, 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.

Is there a lot of crime in the area of Willenhall according to Rightmove?

The city of Willenhall currently has a crime rate where for every 1000 people who live there 17000% 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 Willenhall as reported by listing portals?

To interpret the insights drawn by listing portals like Rightmove, begin by recognizing that the ongoing rate of houses sold per month is counted at 11 as of recent data.

What’s the usual price range for a three-bedroom property on Rightmove in Willenhall?

The average price for a property that has three bedrooms is no relevant data for this city. This can be compared to average property prices

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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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