In the UK, there is a lot that goes into deciding on the right place to buy. The decision gets even more complex if you are buying for an investment as you will have to think a bit more logically rather than thinking emotionally when buying a property. In this article, we go over what the Rightmove data looks like for the city of Ash so you can make the best decisions and make money on your property purchases. Getting involved in one of the 12 property deals that come off the market each month.
In Ash, what does the property sales data look like based on Rightmove?
Average sold prices of properties on Rightmove
By looking at the below table taken from Rightmove data, you can gain great insights into the property market of Ash. With an overall sold price of approximately £250,089, according to Rightmove and further listing platforms such as Zoopla, buyers can now make an informed decision as to whether this suits their budget.
|Class of property||Average sale|
A deep dive into rental yield and how this impacts Ash
As you may be aware, rental yield is an extremely important metric to judge how effective a property is in terms of producing a return on investment. In the city of Ash, there is an average of £0 for rental yield.
Ash can be compared to the rest of the UK that tends to have an average of around 4.4% yield where the higher the yield the higher the return on the amount of money in the deal. This is because the area’s rental yield of £0 is first worked out by multiplying the monthly rent by twelve to find the annual rent. Then, you take away the associated costs of the property from the annual rental income to find the net rent. This net rent can then be divided by the purchase price and multiplied by 100 to find the rental yield as a percentage.
In Ash, analysing Rightmove, what are the number of planning permission applications?
Applying for planning permission in Ash is something landlords tend to do if they want to add some value to their home. As of this month, there were 12 planning applications out of the 8,000 that roughly occur every month nationally. In order to further understand this figure, compare how large the population of the area is to this figure too.
The planning success rate of these applications is nan and the higher this is and the greater it is above the average success of 82%, the more likely it is that landlords are conducting easy renovations. This may therefore indicate that if you are looking to invest in property yourself in Ash too, there is a decent amount of opportunity to buy, renovate and make a profit.
How Rightmove listings in Ash help you make an investment
In Ash, the average asking rent in the area is £783 and there is a table below that goes over the asking rent for every type of property there is. Also, in Ash, the average yield of properties is £0. A figure that can be used as a metric to gauge how profitable an investment is and compared to the national average of 4.4%.
See the table for a more extensive breakdown of how average asking rent is distributed.
|Number of bedrooms||Average asking rent|
|5||no relevant data for this city|
|4||no relevant data for this city|
|3||no relevant data for this city|
|2||no relevant data for this city|
Exploring Ash’s real estate investment potential on Rightmove
When weighing up an investment property, take into careful consideration the data provided by Rightmove as if you use them the right way, you can really use them to make informed decisions.
By closely examining the monthly property sales volume in the area and looking at this in relation to the number of homes there are (currently 12 properties are sold each month), you can work out the turnover too, which is nan in Ash.
Even if these figures appear to be positive, it is still worth looking at other factors like the population difference over ten years which is 6%. Also comparing this data to an area slightly bigger, such as South West by visiting our page for this, you can find additional data to help you on your search too.
Looking to buy a house? Rightmove offers a diverse selection of properties for sale. Some of these listings are sold to homeowners and some are sold to investors looking to make a return. Check out more data related to properties for sale in other areas by checking out our list of properties that are for sale throughout the UK if you are interested in comparing Ash to other regions.
In the city of Ash, regarding Rightmove, what would it look like living in a HMO?
When it comes to renting in Ash, it’s important to consider the average asking price for a House in Multiple Occupation (HMO), which is no relevant data for this city. This data is particularly valuable for individuals seeking affordable rental options or like the idea of renting with housemates. If you are looking for more of an expensive property, there are no relevant data for this city HMO properties with an ensuite too. Contrary to what you may believe, not all HMOs have to be cramped with a lack of space. A HMO with an ensuite will mean you won’t have to come out of your room to use the bathroom, making things very convenient.
According to the most recent Rightmove data, there are a total of nan licensed HMOs in Ash, giving you an idea of the variety and options available in the market.
How much outdoor space is there in Ash?
Green space is universally recommended but unfortunately often compromised in various locations. In cities, the amount of green space often falls below the recommended threshold of 6 acres of green space per thousand people.
In Ash, the current data indicates the presence of 20.1 acres of green space per thousand residents. By comparing this value to the recommended benchmark of 6, we can evaluate the sufficiency of green space in the area.
According to Rightmove data from Ash, what properties are renting?
To rent a property, the below subheadings go over everything relevant for those looking to rent out a house.
Concerning Rightmove, what is the education level like in Ash?
In the city of Ash, the population is 26405. Out of all of these people, it is worth noting the education level. 27% have a degree (a higher level educational degree). Also, the average household income of the area is £42,548.61. This is important to understand for renters as if the degree level is above the average of 22.6%, your neighbours will likely be higher earners. This is not always the case and there are still other factors that determine the quality of your neighbours but taking a note of the degree is always useful.
In Ash, in terms of affordable housing and social rent, what does Rightmove data show?
There is often a negative stigma attached to affordable housing and social rent. If you are looking for Rightmove data concerning this, the percentage of people renting from the government is: 3%. Also, in Ash, the average amount that people earn per household is £42,548.61. These are not standalone figures so it is important to compare this data to other factors such as the crime rate and also visit an area in person to truly see what it is like. Take these figures with a pinch of salt as there are areas that are unsafe in the UK where people earn a higher wage such as some areas in Central London. On the other hand, there are places with high amounts of social rent where crime rate isn’t high at all like in Ardwick, Manchester. People earn a humble average household income of £30,450 yet the rate of crime is just 1 out of every 1000 people.
In the city of Ash, what is the median property price?
The average property price for the UK currently stands at £286,000. In the local area of Ash, the average price of a house for sale in the area is £250,089
On Rightmove, are there any hidden costs when searching for property in the city of Ash?
Costs that landlords should look out for include the rate of stamp duty, costs of renovation and also what the landlord deductible expenses are in a property based on if the property is a limited company or listed in your personal name.
Based on Rightmove’s information, what’s the level of criminal activity in the Ash area?
The current crime rate in Ash is such that 55.5 incidents are recorded for every 1000 residents.
How many monthly property sales does Ash witness according to listing platforms?
To comprehend the insights extracted from listing portals like Rightmove begin by acknowledging that the ongoing frequency of houses sold each month equates to 12. To learn more about houses for sale and why this data is important
According to Rightmove, what’s the mean price of a three-bedroom property in Ash?
The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.