In the UK, there is a lot that goes into deciding on the right place to buy. The decision gets even more complex if you are buying for an investment as you will have to think a bit more logically rather than thinking emotionally when buying a property. In this article, we go over what the Rightmove data looks like for the city of Wycombe Marsh so you can make the best decisions and make money on your property purchases. Getting involved in one of the 5 property deals that come off the market each month.
Properties to Rent in Wycombe Marsh on Rightmove
What is the outlook for social rent and affordable housing according to Rightmove in Wycombe Marsh?
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 9% in Wycombe Marsh. And they have an average household income of £54,564.44. 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.
Wycombe Marsh’s demographics and income insights based on Rightmove data
In the city of Wycombe Marsh, the population is 14064. Out of all of these people, it is worth noting the education level. 33% have a degree (a higher level educational degree). Also, the average household income of the area is £54,564.44. 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.
If you are looking to rent a property, consider the data below that will help you decide on renting your next premises.
What are the number of HMOs on Rightmove that are licenced in the area of Wycombe Marsh?
In Wycombe Marsh, of the total number of licensed HMOs (nan) that are legally registered as a House of Multiple Occupancy, the average asking rent is no relevant data for this city. If you are trying to find a cheap way to rent but also don’t want to share the entire property with other renters, you also have the option to rent a room with a bathroom attached. These are known as ensuites and the cost to rent one in Wycombe Marsh is currently £603, usually slightly above what is asked to rent a normal room without an ensuite in a HMO.
From Rightmove listings, what is the availability of green space in Wycombe Marsh
In Wycombe Marsh, the available data reveals that there are 24.2 acres of green space per thousand residents. By comparing this value to the recommended standard of 6, we can gauge the presence of green space in the area using statistics found on listing portals such as Rightmove.
Adequate green space is a valuable asset for all individuals as it has a huge impact on the mental and physical health of residents. Unfortunately, it is often compromised in numerous locations. For instance, in urban settings, the quantity of green space frequently falls short of the recommended measure of 6 acres of green space for every thousand individuals.
In Wycombe Marsh, what does the property sales data look like based on Rightmove?
Wycombe Marsh’s rental yield on Rightmove explained
Rental yield is simply the annual amount of rent that is made from a property after expenses calculated as a percentage. As of 2023, the yield of Wycombe Marsh is £0.
It is a wise idea to compare this figure to the rest of the UK. Areas with extremely high yields can get as high as 10% but on the low end where property is very expensive such as in Chelsea, London, yields can be as low as 1%. So use the figure of £0 for comparison.
Usually, when looking to invest in Wycombe Marsh, landlords look for a mix of appreciation and high yields but the gains from capital appreciation aren’t realised until the property is sold.
The greater the number of sales per month in the area of Wycombe Marsh, 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.
Property investment opportunities presented on Rightmove in the city of Wycombe Marsh
In Wycombe Marsh, the average asking rent in the area is £1,059 and there is a table below that goes over the asking rent for every type of property there is. Also, in Wycombe Marsh, the average yield of properties is £0. A figure that can be used as a metric to gauge how profitable an investment is and compared to the national average of 4.4%.
See the table for a more extensive breakdown of how average asking rent is distributed.
|Number of bedrooms||Average asking rent|
|5||no relevant data for this city|
|4||no relevant data for this city|
|3||no relevant data for this city|
Average sold prices of properties on Rightmove
The average sold price of properties in Wycombe Marsh, UK, available on Rightmove is £339,062. See the below table to work out what the sold price is based on detached housing, semi-detached housing, terraced housing and flats.
|Category of property||Average price|
In terms of the number of planning permission applications on Rightmove, what should there be in Wycombe Marsh?
82 out of every 100 applications for planning permission in the UK results in a success according to recent data. When it comes to Wycombe Marsh, the people who own homes in this area have a rate of planning success of nan. Individuals usually seek to modify their properties and apply for planning permission whenever they are trying to increase the value of a home.
This means investors should take note of this data in Wycombe Marsh. An above-average success rate indicates that property renovations have been proven to work and are repeatable or it could mean that a lot of the properties in the area are very simple in design. This presents an opportunity for investors to assess successful strategies in the area and adopt similar approaches and of the 10 that take place each month, this is likely the case a lot of the time.
An overview of Wycombe Marsh property in Rightmove from an investment perspective
In the area of Wycombe Marsh, Rightmove records consistent sales of 5 properties each month, generating an average yearly turnover of 0.63. This turnover is just from property sales relative to the properties that there already are and 9% 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 East of England by looking at further houses for sale here.
Frequently Asked Questions by Rightmove users
Discover the mean property value in Wycombe Marsh as reported on Rightmove.
The average property price for the UK currently stands at £286,000. In the local area of Wycombe Marsh, the average price of a house for sale in the area is £339,062
Does exploring properties on Rightmove within Wycombe Marsh come with any fees you may not be aware of?
Vigilance is key for landlords, encompassing factors like the stamp duty rate, renovation expenses, and the potential deductible costs based on whether the property is incorporated as a limited company or under your personal name.
Does Rightmove data indicate a high occurrence of crime in the vicinity of Wycombe Marsh?
In Wycombe Marsh, the prevailing crime rate results in 18800% occurrences for every 1000 residents. This contrasts with the nationwide average of 79.52 incidents for every 1000 individuals.
What are the house sales per month in Wycombe Marsh?
To comprehend the insights extracted from listing portals like Rightmove begin by acknowledging that the ongoing frequency of houses sold each month equates to 5. To learn more about houses for sale and why this data is important
On Rightmove, what is the average price of a three-bed property in Wycombe Marsh?
The average cost to rent a property with three bedrooms is no relevant data for this city. This can be weighed against the average property price trends.