What is Your Rental Property Really Worth Right Now?
Learning how much your rental property is worth is a great tool to have. We have three options to help you discover your homes value.
Whether you're thinking of increasing your portfolio, downsizing your investments or just curious to see how much your home is is worth, we can help.
Has your property increased in value?
In the last five years, properties in Burton have increased on average by 22.9%
This means that a property bought five years ago at £152,500 could now be worth £187,446.
Rental market
Average rental values across the UK rose by 1.3% in the year to March 2021, rents in the UK excluding London increased by 1.7%. Rental growth is currently strongest across the Midlands and the North West.
For the coming twelve months, rental growth is projected to come in a little under 3% at the national level (RICS).
Locally we have have seen an increase of 4.2% in Burton and 3% in Derby over the last 12 months, out performing the average rental values across the UK.
Demand for rental property outside London was 32% higher in the first three months of 2021 compared to 2020, however, new supply to the market fell 5% (Hometrack). Demand in April was up 59% compared to April 2017-2019 (excludes 2020 due to lockdown), with limited supply underpinning prices.
Curious to know what your rental property is worth, we have three options for you.
Choose from the options below:
Online Instant Valuation:
Instant valuation calculated by a computer algorith using previous sales data. Ideal for people who need a rough estimate.
(85%-90% accurate)
Remote Distance Valuation (COVID safe):
Simply complete a form with basic details and one of our property professionals will send across a detailed valuation report.
(90%-95% accurate)
Home Consultation:
One of our experts will visit your home to carry out a detailed valuation and plan with you a strategy to successfully sell your home.
(100% accurate)
What a property valuation can do for you
A property valuation can allow you an insight into how much your home is really worth and help you to find the correct asking price if you're looking to sell.
Whether you are actively looking to put your property on the market, or just curious about the value of your property, there has never been a better time than now to learn how much how your rental investment can work for you.
