Asses crime rates, location, demographics, and potential for growth all from desktop research.

What you will learn

Select the best locations to rent, reside, or purchase

Stay away from areas with high crime rates

Avoid properties that are difficult to mortgage

Avoid properties that are difficult to insure

Only view properties that are right for you.

Uncover valuable information from estate agents.

Description

This is a companion course to my other free Udemy course : “Condition asses property listings on Rightmove & Zoopla. ”

In this course, we aim to provide you with the knowledge and tools you need to make informed decisions when it comes to choosing a property. Whether you’re looking to buy or rent, it’s important to consider the location and overall quality of the area in which the property is situated.

One of the key things to consider is crime rates. No one wants to live in an area with a high crime rate, so it’s important to check local statistics and see how the area compares to others. Capital growth is also an important factor to consider. If an area has a history of strong capital growth, it’s likely that the value of the property will increase over time. On the other hand, if an area has a history of poor capital growth, it may be a less desirable place to invest in a property.


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Demographics can also play a role in the desirability of an area. If an area is predominantly made up of a certain age group or income bracket, it may or may not be a good fit for you and your needs.

In addition to these factors, it’s important to consider the overall quality of living in an area. This includes things like proximity to sources of noise or pollution, such as motorways or railways. It’s also important to think about the environmental factors that may affect the property, such as flood risk or the presence of old mine shafts.

When it comes to the property itself, it’s important to pay attention to the floor plan and how the space is utilized. A well-optimized floor plan can make a big difference in the overall livability of a property. It’s also helpful to be able to interpret floor plans and visualize how the space will function.

Overall, by considering these factors and doing your research, you can make an informed decision when it comes to choosing the right property for you.ho

English
language

Content

Introduction

What to expect in this property course
7 guiding principles for property assessment
Caveat emptor; ‘buyer beware’
The thing about estate agents…
Be clear on your requirements. It helps.

Timings. Buyer and rental market ‘temperature’

18 year property cycle
Buying: Checking capital growth.
Buying & renting: How hot is the market?

Area assesment

Assessing capital growth
Is the area safe?
What people live here?
What are the local amenities?
Green spaces & air quality
What is the travel time?

Google maps – street assessment

Get the Patma chrome addon
Find the post code & property number
Guiding principles for street assessment
Google maps historic snapshots
Street view: Property exterior condition
Street view: Urban decay, rubbish, bad roads

Location assessment

Privacy. How overlooked?
Smells
Noise pollution
Electricity sub stations & pylons
Crime
Main roads & motorways
Industrial
Parking
Flooding
Air pollution
Mobile signal & broadband speed
Ex mining
Planning applications

Assessing the age of the property

Why does property age matter?
Property checker. Useful tool.
1900 to date. Building tech changes things.

Space optimisation

Floor plans, more important than you might think
Floorplans – apartments
Floorplans – kitchens

Finally…Let’s assess some locations!

Property in a very bad area.
Property in a middle-class area
Property in a high capital growth area
Well done!