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 Auchinleck, aiming to guide your investment decisions.
It’s worth noting that currently, no relevant data for this city 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.
In Auchinleck, what property are people trying to rent on Rightmove?
Understanding education levels in the area of Auchinleck
In the city of Auchinleck, the population is 21397. Out of all of these people, it is worth noting the education level. no relevant data for this city have a degree (a higher level educational degree). Also, the average household income of the area is no relevant data for this city. 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 Auchinleck, in terms of affordable housing and social rent, what does Rightmove data show?
If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, no relevant data for this city of individuals in Auchinleck rent from the government or housing associations compared to the national average of 20.7%.
In general, if the percentage of people who have government housing is below the national average, you are more likely to see smaller houses. This may not be a bad thing as it all depends on personal preference and there are also other factors that contribute to the general feel of the area like household income which is no relevant data for this city. Most people in the Uk earn around £34,000 which is convenient for comparison.
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.
According to Rightmove data in Auchinleck, is it worth moving into a HMO?
The average asking price for a House in Multiple Occupation (HMO) in Auchinleck 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 Auchinleck is no relevant data for this city and there are also no relevant data for this city 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.
By analysing Rightmove in Auchinleck, is there a lot of green, outdoor space?
In Auchinleck, the available data reveals that there are 36.5 acres of green space per thousand residents. By comparing this value to the recommended standard of 6, we can gauge the presence of green space in the area using statistics found on listing portals such as Rightmove.
Adequate green space is a valuable asset for all individuals as it has a huge impact on the mental and physical health of residents. Unfortunately, it is often compromised in numerous locations. For instance, in urban settings, the quantity of green space frequently falls short of the recommended measure of 6 acres of green space for every thousand individuals.
Properties for sale in Auchinleck on Rightmove
On average and according to Rightmove data, what do properties sell for?
In the area of Auchinleck in the UK, the average sold price of a property is around £87,282. This is based on the average of all of the types of property listed on Rightmove and other listing platforms. Take a look below to see how this average is made up:
|Type of property
|Average sold price
|Semi detached house
How Rightmove listings in Auchinleck help you make an investment
Based on Rightmove, there is a lot of data you can gather about Auchinleck and there is a lot that can go towards making the decision to invest. So, the average rental yield of the area is no relevant data for this city. and the average asking rent based on Rightmove data is no relevant data for this city. 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 no relevant data for this city, 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.
Every month, properties are sold on the platform of Rightmove in Auchinleck and you can explore the topics below related to sales that give you an overview of the market.
Auchinleck’s rental yield on Rightmove explained
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 Auchinleck, there is an average of no relevant data for this city for rental yield.
Auchinleck 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 no relevant data for this city 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 terms of the number of planning permission applications on Rightmove, what should there be in Auchinleck?
The city of Auchinleck, according to Rightmove listings, has a commendable planning success rate of no relevant data for this city and there are around no relevant data for this city that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Auchinleck.
A quick insight into Rightmove property Auchinleck
When considering buying a house for an investment in the area of Scotland, you can click here to find further information about houses for sale. There are also a few metrics to look at that make the investment more appealing.
For instance, you should look at the number of property sales that the area has every month which is no relevant data for this city. This, alongside the city’s relative population, should give you an indication of the turnover. The turnover is a piece of data that looks at how many houses have been sold in relation to the number of properties there are.
On average throughout the UK, in a calendar year, this data is around 22% but for Auchinleck it is no relevant data for this city. Finally, a growing population is always a good sign. The change in population that has happened over the last decade has been -1%. So, you can make of that as you will.
How much does the average property cost in Auchinleck according to Rightmove data?
The average property price for the UK currently stands at £286,000. In the local area of Auchinleck, the average price of a house for sale in the area is £87,282
On Rightmove, are there any hidden costs when searching for property in the city of Auchinleck?
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.
According to Rightmove data, how prevalent is crime in Auchinleck’s vicinity?
The Auchinleck community presently experiences a crime rate where no relevant data for this city infractions are documented for every 1000 inhabitants. A reference point is the national average of 79.52 incidents for every 1000 individuals. So, if the crime rate in the area is above this figure, there is more crime than usual. If it is below this figure then there is less crime than usual.
According to online listings, what’s the count of property transactions per month in Auchinleck?
no relevant data for this city properties are sold in the area every month. A figure you should pay attention to, particularly if you are an investor looking to
According to Rightmove, what’s the mean price of a three-bedroom property in Auchinleck?
The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.