Choosing the perfect location to buy property in the UK involves a lot of factors.
This piece discusses the nature of Rightmove (and other listing platforms) data for Ascot, aiming to guide your investment decisions.
It’s worth noting that currently, 18 properties are listed for sale and sold on Rightmove in this area every single month so you have an idea of your options to pick from.
We will also go over the properties for rent in the area on Rightmove if you are looking to become a new tenant.
How much outdoor space is there in Ascot?
Green space is something that is recommended to everyone to have but then again, it is often compromised in a lot of locations. For instance, in cities, the amount of green space is often well below the recommended figure of 6 acres of green space for every thousand people. In Ascot, this is 23.1. Compare this figure of 6 which is recommended to have and the data for Ascot to tell how much green space is around.
In the city of Ascot, regarding Rightmove, what would it look like living in a HMO?
The average asking price for a House in Multiple Occupation (HMO) in Ascot is £6,980. Understanding this information is essential for anyone interested in saving some money on rent because Houses of Multiple Occupancy tend to be cheaper to rent than any other type of property.
By opting for shared living arrangements within a HMO, you can also get an ensuite in your room too. The average price of a room with an ensuite in a HMO in the city of Ascot is no relevant data for this city and there are also nan in the area in total. This number of licenced HMO properties should be looked at in relation to the fact there are 56,000 properties that are licenced in the whole of the UK so you can see how much this area contains.
A list of properties for Sale in Ascot on Rightmove
In the area, using Rightmove data, what are most people selling their property for?
When exploring the property market in Ascot, UK, there is a lot of information that can be gathered on listing platforms and on Rightmove. The average sold price across all property types is approximately £651,176, this provides valuable insight into market trends.
Refer to the table below for a detailed breakdown of sold prices across different property categories.
|Property type||Average selling point|
A deep dive into rental yield and how this impacts Ascot
Rental yield in Ascot is £0 as of 2023. However, this is not to say that there are not higher yields out there. When the economy was favourable for property in 2018. Yields were as high as 11% in places like Sheffield in some cases. However, an average, yet respectable figure you can expect from a property in the UK is around 4.4% so you can compare Ascot’s yield of £0 to see if you are above or below.
It is useful to note that even though a property may have a below average rental yield, it can still benefit from capital appreciation over time and this profit can be taken when the property is sold.
How can property investments be made using Rightmove data?
There is a fair amount of insight that you can gather from the city of Ascot by looking at Rightmove data. You can use all of this data in order to invest properly armed with the right information. To begin, let’s have a look at the most important data that someone looks for when evaluating an investment in the area, £0 is the average rental yield and the average asking rent is £2,585.
The average for these figures are 4.4% and £1,143 respectively. You can make an investment work in any area and there is even less you won’t have to worry about these figures if you are buying to live in this home. So, look at the below figures with an element of reason and be prepared to make changes to the rent using a
section 13 rent increase as a landlord if there are changes in the economy and the cost to run a property goes up.
|Number of bedrooms||Average asking rent|
|2||no relevant data for this city|
From Ascot’s Rightmove data, what are the number of planning permission applications?
On Rightmove, there are a lot of people who plan to make amendments to their property and 8,000 people every month go through the process. In Ascot, this number is 25 every month and the success rate for planning permission is nan.
Rightmove records planning success as a good metric for investors to get a gauge on how familiar people are with renovating their homes. A higher success indicates investors have done improvements before and they are good at renovation. This suggests that if you are looking to buy in Ascot, you may be able to do the same and make some money.
Exploring Ascot’s real estate investment potential on Rightmove
As you delve into the property landscape of Ascot in the region of South East, Rightmove becomes an invaluable resource that provides data that can be looked at every month.
Some standard data that should be examined when trying to understand an area include the number of sales there are every month in the area, which falls at 18. Look at this in accordance with the population of the area, larger populations obviously will generally have more sales as there are more people living there and likely to sell their property. So, look at this as a factor and also check out this link to compare data for other cities in the area.
So, you can look at turnover which looks at property sales every year in relation to the number of houses that exist in the area anyway. Currently turnover is 0.52. Every decade population change should also be considered. This figure stands at 6% and positive changes generally show there is a growing population no matter if you are talking about a city or a wider region like South East.
It is worth noting that the more homes sell on a monthly basis, the more buyers and competition there tend to be. This figure for Ascot is talked about below and in the following headings.
Properties to Rent in Ascot on Rightmove
Not everyone wants to buy a house, in the below headings, we go over what is useful to know when renting a property instead. Consider paying letting agents fees if you don’t want to find tenants yourself. Also, once you have researched your area in detail, make sure you have the right AST to sign them with.
In Ascot, here’s what Rightmove data says about social rent and affordable housing
Not everyone is inclined to purchase a house and in fact, some people are actually struggling with renting to the extent that they have to rent from the government. According to data scraped from Rightmove and listing portals that are popular in the UK, 4% of individuals in Ascot rely on government rent and the average household income in the district is £58,393.33.
Always visit an area too to find out what the area is truly like and compare these figures to the national averages of 22.6% (on social rent) and £34,000 (in household earnings per year). Most people prefer to live amongst people where their incomes are similar.
If you are a tenant, perhaps move in as a lodger in an excluded tenancy agreement instead of as an assured tenant. While you have fewer rights, a tenancy may be easier to secure.
Understanding education levels in the area of Ascot
In the city of Ascot, the population stands at 24170 individuals. Among this population, it is noteworthy to consider the educational levels. Approximately 42% of the residents hold a higher-level educational degree.
Additionally, the average household income in the area amounts to £58,393.33. This information is significant for renters, as a higher percentage of degree holders compared to the regional average of 22.6% suggests that your neighbours are likely to be higher earners. While other factors influence neighbour quality too, considering the education level remains beneficial as you’d likely want to be around people you are similar to.
In the city of Ascot, what is the median property price?
The average property price for the UK currently stands at £286,000. In the local area of Ascot, the average price of a house for sale in the area is £651,176
On Rightmove, are there any hidden costs when searching for property in the city of Ascot?
Landlords should remain attentive to several financial considerations. These may include but are not limited to the costs of running the property, the rate of stamp duty and renovation costs.
Based on Rightmove’s information, what’s the level of criminal activity in the Ascot area?
The city of Ascot currently has a crime rate where for every 1000 people who live there 5500% commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.
What’s the frequency of property sales per month in Ascot as reported by listing portals?
To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, you can look at the houses sold each month which is 18. Typically, the higher this figure is, the more likely it is that this area is highly sought after and there is a strong buyer demand. Check out the property sales in a similar area in order to find a comparison.
What’s the usual price range for a three-bedroom property on Rightmove in Ascot?
For properties encompassing three bedrooms, the typical asking price hovers around £1,815. This can be contrasted with the mean property valuations.