32. Check out the market fundamentals
Do both ‘statistical’ and ‘fundamental’ research. Statistical research is pretty quick and objective, you just look up the property data published by the data providers such as RP Data and DSR score. But unfortunately, it doesn’t tell you the whole story. That’s where fundamental research comes in. It is more time-consuming and subjective than statistical research.
Examples might be checking private and public spending in the target area. The most valuable single piece of quick fundamental research you can do is to check development applications on the local council website to gauge how much future stock is about to come onto the market. This represents the supply side of the equation. Low supply is a good thing. A new development is not a good thing.