In this overview, we’ll delve into the Rightmove data for Ashburton, providing insight into Rightmove data and how this data can aid you in a profitable property purchase. Making a decision on where to buy property is an exciting opportunity and a milestone for a lot of people.
Also, knowing that there are 23 properties sold every month in the area should give you an idea of how often properties are selling and what kind of opportunity there is.
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How much outdoor space is there in Ashburton?
Green space is highly recommended for everyone’s well-being, but it is often compromised. Urban areas, in particular, tend to have insufficient green space compared to the recommended benchmark of 6 acres per thousand people according to Fields in Trust seen here. In Ashburton, the current data indicates that there are 17.1 acres of green space available per thousand residents. By comparing this figure to the recommended standard of 6, we can assess the adequacy of green space in the area based on Rightmove data.
On Rightmove and in Ashburton, how many HMOs are licenced?
In Ashburton, of the total number of licensed HMOs (nan) that are legally registered as a House of Multiple Occupancy, the average asking rent is no relevant data for this city. If you are trying to find a cheap way to rent but also don’t want to share the entire property with other renters, you also have the option to rent a room with a bathroom attached. These are known as ensuites and the cost to rent one in Ashburton is currently no relevant data for this city, usually slightly above what is asked to rent a normal room without an ensuite in a HMO.
According to Rightmove data from Ashburton, what properties are renting?
To rent a property, the below subheadings go over everything relevant for those looking to rent out a house.
Understanding education levels in the area of Ashburton
If you are renting or looking to rent, it is good practice to recognise if in the area you are searching, the people have higher incomes. The average household income in this area is £39,730.00 and this figure on a nationwide level has an average of £34,000. It is important to understand this because you want to be in a location that suits your taste and budget.
Ashburton’s demographics also reveal a population of 22789 individuals and a percentage of people with degrees falling at 28%. Keep this in mind too and compare it to the average percentage of degrees in the UK which is 22.6%. You don’t necessarily want to be around people you aren’t like or have nothing in common with.
What is the outlook for social rent and affordable housing according to Rightmove in Ashburton?
It is well researched and understood that humans like to associate themself with similar people and this is why it’s important to find an area where people are earning a similar amount to you. The percentage of people who are renting from the government is 4% in Ashburton. And they have an average household income of £39,730.00. If you think these numbers are similar to your financial situation or reflect an area you want to live in, then this is a good sign.
Properties for sale in Ashburton on Rightmove
The greater the number of sales per month in the area of Ashburton, the more it could be argued that the property market is improving. As you read on, consider this factor amongst others such as the type of property that is in the area.
Property investment opportunities presented on Rightmove in the city of Ashburton
Based on Rightmove, there is a lot of data you can gather about Ashburton and there is a lot that can go towards making the decision to invest. So, the average rental yield of the area is £0. and the average asking rent based on Rightmove data is £918. In general, the higher this figure is for asking rent, the more the mortgage payments will likely be when you buy the property, hence the rental income has to go up in order to pay it off. It is also useful to find out the asking rent property by property. First of all, the average rent for a one bedroom property is TQ13, for a two bed is, no relevant data for this city, a three bed is no relevant data for this city. Finally, a four bed average asking price is no relevant data for this city, and a five bed, no relevant data for this city. Comparing these prices should allow you to work out what property to buy based on your budget and the mortgage that fits the average asking rent.
A look into Rightmove’s Ashburton property as an Investment
When contemplating an investment property, you can look at the figures of turnover, the number of sales there are every month in the area, and the population change over ten years. The below table is related to the city rather than the wider area of South West. However, you can find data for the wider region here.
| Data for Ashburton | Average for the UK | |
|---|---|---|
| Turnover | nan | 19% |
| Property sales per month | 23 | 576,000 |
| Population growth over 10 years | 8% | 6.5% |
It is worth noting that the figures above will be useful if you compare them to the wider region of the UK of South West.
On average and according to Rightmove data, what do properties sell for?
By looking at the below table taken from Rightmove data, you can gain great insights into the property market of Ashburton. With an overall sold price of approximately £306,254, 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 |
|---|---|
| Flat | £161,959 |
| Terraced house | £225,182 |
| Semi-detached house | £263,190 |
| detached house | £409,496 |
In Ashburton, analysing Rightmove, what are the number of planning permission applications?
82 out of every 100 applications for planning permission in the UK results in a success according to recent data. When it comes to Ashburton, the people who own homes in this area have a rate of planning success of nan. Individuals usually seek to modify their properties and apply for planning permission whenever they are trying to increase the value of a home.
This means investors should take note of this data in Ashburton. An above-average success rate indicates that property renovations have been proven to work and are repeatable or it could mean that a lot of the properties in the area are very simple in design. This presents an opportunity for investors to assess successful strategies in the area and adopt similar approaches and of the 17 that take place each month, this is likely the case a lot of the time.
A closer look at rental yield on Rightmove in Ashburton
A serious investor will know what yield is and how to work it out. The formula is true for Ashburton and everywhere else in the UK. Simply calculate net rental yield and the purchase price of the home and then divide the former by the latter. When this calculation is done, for Ashburton the figure is £0.
This £0 as a percentage is essentially the amount of money that a landlord makes from the deal in relation to the amount of money they have invested. Take a look at other calculations too like return on capital invested to get a return that is comparable to a direct “return on investment” calculation such as that of a bank.
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