Deciding on the right property to purchase in the UK is a big deal. The decision to rent and where to rent is also a huge decision too. This article goes over the Rightmove data related to Ashton Upon Mersey and analyses just how good of an area it is to find somewhere to buy or to rent.
By the end of the article, you should be able to make an informed decision and pick from the list of properties to rent or the 38 number of properties that are sold.
Will you be moving into somewhere with a lot of green space if you moved to Ashton Upon Mersey?
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 Ashton Upon Mersey, the current data indicates the presence of 13.9 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.
On Rightmove and in Ashton Upon Mersey, how many HMOs are licenced?
The average asking price for a House in Multiple Occupation (HMO) in Ashton Upon Mersey is no relevant data for this city. 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 Ashton Upon Mersey is £567 and there are also 11 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.
In Ashton Upon Mersey, what does the property sales data look like based on Rightmove?
A city such as Ashton Upon Mersey has a fair amount of houses for sale on Rightmove. In the following headings, we go over all the relevant data related to Rightmove so you can begin the process of buying a house. Figuring out the best type of property to buy is a difficult process so it is useful to see all the relevant information condensed in one place.
What is a commons purchase price for property on Rightmove?
By looking at the below table taken from Rightmove data, you can gain great insights into the property market of Ashton Upon Mersey. With an overall sold price of approximately £317,199, 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|
Is it important to look at yield in Ashton Upon Mersey in further detail?
Ashton Upon Mersey averages at £0 for rental yield and this should be looked at in comparison with the average for the UK which tends to fluctuate around 4.4%. Having said this, rental yields can drop as low as 1% in the central areas of London and rise to as high as 9% in areas with high rental demand such as Stoke.
Yield, which is £0 in Ashton Upon Mersey, is worked out by dividing the net rental income of a property by the purchase price.
How to invest in property in Ashton Upon Mersey using Rightmove data
Based on Rightmove, there is a lot of data you can gather about Ashton Upon Mersey 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 £1,214. 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 M33, for a two bed is, no relevant data for this city, a three bed is £1,049. Finally, a four bed average asking price is £1,446, 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 quick insight into Rightmove property Ashton Upon Mersey
As you delve into the property landscape of Ashton Upon Mersey in the region of North West, 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 38. 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 1.52. 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 North West.
In terms of the number of planning permission applications on Rightmove, what should there be in Ashton Upon Mersey?
The city of Ashton Upon Mersey, according to Rightmove listings, has a commendable planning success rate of 92% and there are around 24 that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Ashton Upon Mersey.
In Ashton Upon Mersey, what property are people trying to rent on Rightmove?
If you are looking to rent a property, consider the data below that will help you decide on renting your next premises.
Analysing the rate of education in Ashton Upon Mersey from Rightmove
Within the city of Ashton Upon Mersey, the population amounts to 59972 individuals. Among these residents, it is notable that approximately 36% hold a higher-level educational degree. Furthermore, the average household income in the area stands at £37,967.50. 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.
In Ashton Upon Mersey, 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: 10%. Also, in Ashton Upon Mersey, the average amount that people earn per household is £37,967.50. 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 Ashton Upon Mersey, what is the median property price?
The mean property value in the UK is £286k but is changing all the time. Meanwhile, in the local area of Ashton Upon Mersey, the average cost of a home available for purchase is £317,199. You can compare these figures to see how far away this city is from the average.
In the process of property hunting on Rightmove in Ashton Upon Mersey, do hidden costs come into play?
It’s essential for landlords to stay alert to an array of costs that you could be subject to as a landlord. These may include, stamp duty rates, costs that may come up due to renovation and also making sure they are aware of the things you can write off as a landlord in a limited company as opposed to your personal name.
According to Rightmove data, how prevalent is crime in Ashton Upon Mersey’s vicinity?
The city of Ashton Upon Mersey currently has a crime rate where for every 1000 people who live there no relevant data for this city commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.
How many monthly property sales does Ashton Upon Mersey witness according to listing platforms?
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 38. 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 Ashton Upon Mersey?
The mean asking price for a property featuring three bedrooms stands at £1,049.