5 Ways to Use Property Data

Entering the housing market can be a scary notion, with the line between risk and reward a treacherous one to walk. One way to ensure a greater return on investment (ROI) is to use property data – i.e. up-to-date statistics to help you monitor market fluctuations, interest, and guide you in making the final decision and steps of when to buy and sell. Here are 5 such ways to accomplish this.

One Location, location, location

Finding the right area in which to buy in is not an easy task. Patience and thorough research used to be the only way to do this, with it still ultimately coming down to luck. Thankfully, there are now websites and apps that help mine through assorted property data, giving you accurate and up-to-date statistics. These track which areas are due for a boom, housing prices, amenity comparisons, and almost anything you could want to know about the predominant market demographic.

Two – The price is right

No one wants to spend more than what they will get in return; it’s just not good business. If you are out to make a profit in the housing market, or even just want to sell your personal home, property data can give you a good indication of house prices not only in the area, but also in relation to size and amenities.

Three – Comparisons

You may think your property is worth a million, but quite often this is not the case. Many begin by choosing a few areas to look for properties, but don’t know how to make the final decision. Property data can deliver a side-by-side comparison of your selection, giving you all you need to know at a glance. This can also be of assistance in monitoring your already-purchased properties, showing you the new competition.

Four – Filters

For those just starting out, you most likely do not have the biggest budget. Being able to use a website or app that allows you to filter prices, search for property sizes, or ones for sale in specific areas can save you a lot of time.

You can even search specifically for investment properties. By inputting your budget, you will be able to see what properties are available, and can easily see which will deliver the biggest returns.

Five – Rent

So you’ve bought your investment property and now it’s time to rent it out; but how much do you charge? These tools can also show you what prices comparable and nearby properties are being rented for, and will even let you know when you are free to increase the rent.

While there are some websites and apps that offer free property data, it is worth it to spend a little on a professional service or advice. After all, it takes money, to make money, and with the right moves, you’re likely to be much more successful.

About Us

Slater Forbes are one of the leading property investment companies specialising in off-plan property

20 Years Experience

Please note that Slater Forbes Investments is not authorised or regulated by the Financial Conduct Authority and is not permitted to offer financial or investment advice to UK resident investors, whether or not the intended investments are regulated or unregulated. We strongly encourage all prospective purchasers to consult an FCA-authorised Independent Financial Adviser before committing to any form of investment. This is not an offer to participate in a collective investment scheme as defined in section 235 of the Financial Services and Markets Act (2000) and Investors will not have access to the Financial Services Compensation Scheme or the Financial Ombudsman Service. This website, videos and documents referred are intended to provide general information concerning the proposed development, construction and the management of ”The Development’. The information provided has been prepared in good faith and to give a fair overall view of the Development. Photographs and electronically generated images, furnishings and accessories featured are for illustrative purposes only. All information provided by us at our web site or otherwise is provided on an illustrative basis. This email is for the sole use of potential business partners and/or prospective purchasers. We recommend that all appropriate commercial, tax and legal enquiries and advice is taken before entering into a legally binding contract to purchase a property forming a part of the development. All investments attract a degree of risk and Slater Forbes encourage all clients to undertake their own due diligence. Property prices can fluctuate and the value of your investment may go down as well as up. Prices and financial illustrations are provided as guidance and are examples of the possible discounts, yields and returns that investors could achieve. Copyright in and to this website and documents and videos referred belong to Slater Forbes, which is a trading name of Green Key Sales and Lettings Ltd, which is a UK registered company no 10037602.