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 Ashley, aiming to guide your investment decisions.
It’s worth noting that currently, 17 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.
On Rightmove, how are properties listed for sale?
On Rightmove, how many planning permission applications are there based in Ashley?
82 out of every 100 applications for planning permission in the UK results in a success according to recent data. When it comes to Ashley, 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 Ashley. 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 15 that take place each month, this is likely the case a lot of the time.
A look into Rightmove’s Ashley property as an Investment
In the area of Ashley, Rightmove records consistent sales of 17 properties each month, generating an average yearly turnover of nan. This turnover is just from property sales relative to the properties that there already are and 7% is the population change over ten years.
All of these pieces of data should be looked at as a whole and considered based on what you are looking for as an investor. For example, if an area’s population is declining and their turnover is above average (22%), it could indicate that there are a large number of people moving out of the area.
Sometimes, you aren’t able to find the right property in your area on Rightmove. So, check out if you want to keep looking in your wider UK region of North West by looking at further houses for sale here.
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 Ashley. With an overall sold price of approximately £400,164, according to Rightmove and further listing platforms such as Zoopla, buyers can now make an informed decision as to whether this suits their budget.
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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 Ashley to other regions.
A closer look at rental yield on Rightmove in Ashley
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 Ashley, there is an average of £0 for rental yield.
Ashley 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.
How can property investments be made using Rightmove data?
Rightmove data can tell you a lot about the average asking rents of the area of Ashley. For example, the table below goes over how rents are distributed according to the number of rooms in the property. Also, the national figure for rental yield that is most common is 4.4%. The £0 which is the average yield of rent in the area can be compared for reference.
Read on to see what kind of rent you are looking to charge if you bought a property to see what size is best. Bear in mind as you do so that the average amount of rent that is asked for is £1,408.
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On Rightmove and in Ashley, how many HMOs are licenced?
Currently, the number of licensed HMOs stands at nan that come at an average price to rent of no relevant data for this city. You can also see the difference between the price of a standard HMO room and the average price of a HMO room with an ensuite which is no relevant data for this city.
This should give you an indication if it is worth the difference in price to upgrade to a room with a bathroom in Ashley. Understanding where is best to rent in Ashley involves considering the average asking price for a House in Multiple Occupation (HMO) and comparing this to normal rents.
By analysing Rightmove in Ashley, is there a lot of green, outdoor space?
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 Ashley, the current data indicates that there are 22.9 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.
According to Rightmove data from Ashley, what properties are renting?
What is the level of Rightmove affordable housing and social rent in Ashley?
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 Ashley rely on government rent and the average household income in the district is £43,830.56.
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.
How to examine income data from Rightmove for Ashley
Within the city of Ashley, the population amounts to 134999 individuals. Among these residents, it is notable that approximately 33% hold a higher-level educational degree. Furthermore, the average household income in the area stands at £43,830.56. For renters, it is essential to recognize that if the percentage of degree holders surpasses the regional average of 22.6%, your neighbours are likely to have higher incomes. Although other factors influence neighbour quality, acknowledging educational achievements proves beneficial.
To rent a property, the below subheadings go over everything relevant for those looking to rent out a house.
What is the average property price in Ashley on Rightmove?
The mean property value in the UK is £286k but is changing all the time. Meanwhile, in the local area of Ashley, the average cost of a home available for purchase is £400,164. You can compare these figures to see how far away this city is from the average.
When utilising Rightmove for finding property in Ashley, are there any charges to consider?
Landlords need to be vigilant about various expenses, including stamp duty rates, capital gains tax, renovation expenditures, and the deductible costs applicable to properties in a personal name. (relevant for UK property)
Is there a lot of crime in the area of Ashley according to Rightmove?
The city of Ashley currently has a crime rate where for every 1000 people who live there 5400% commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.
According to online listings, what’s the count of property transactions per month in Ashley?
17 properties are sold in the area every month. A figure you should pay attention to, particularly if you are an investor looking to
What’s the average cost of a three-bedroom property in Ashley as per Rightmove data?
The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.