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What is the property market like in Auchtermuchty on Rightmove?

by | Jul 6, 2023

Home $ An overview on Rightmove property listings in the UK $ What is the property market like in Auchtermuchty on Rightmove?

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 Auchtermuchty so you can make the best decisions and make money on your property purchases. Getting involved in one of the no relevant data for this city property deals that come off the market each month.

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Properties to Rent in Auchtermuchty on Rightmove

Understanding education levels in the area of Auchtermuchty

When considering Auchtermuchty, its population reaches 6832 individuals. It is useful to note that around no relevant data for this city of the residents have attained a higher level of education and the average household income in the area is no relevant data for this city. Renters should take note that if the percentage of degree holders exceeds the regional average of 22.6%, it suggests that your neighbours are likely to be higher earners. While other factors contribute to neighbour quality, observing educational levels remains valuable.

In Auchtermuchty, here’s what Rightmove data says about social rent and affordable housing

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: no relevant data for this city. Also, in Auchtermuchty, the average amount that people earn per household is no relevant data for this city. 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.

If you are looking to rent a property, consider the data below that will help you decide on renting your next premises.

In Auchtermuchty, what does the property sales data look like based on Rightmove?

How to invest in property in Auchtermuchty using Rightmove data

In the area, average asking rents are around no relevant data for this city. This tends to differ depending on the size of the property you are buying and the number of rooms they have. You can read more about these metrics below. For reference, the yields in the area are no relevant data for this city.
Combining the data of yield with the price of rent can give you a good idea about the types of investments in the area. For instance, if a property has a low yield and also low rents, it is likely a lower return, single family buy to let in a less in demand area of Auchtermuchty.

Average asking rent Number of bedrooms in house
no relevant data for this city 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 1

A look into Rightmove’s Auchtermuchty property as an Investment

In the area of Auchtermuchty, Rightmove records consistent sales of no relevant data for this city properties each month, generating an average yearly turnover of no relevant data for this city. This turnover is just from property sales relative to the properties that there already are and 3% 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 Scotland by looking at further houses for sale here.

Auchtermuchty’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 Auchtermuchty, there is an average of no relevant data for this city for rental yield.
Auchtermuchty 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.

The greater the number of sales per month in the area of Auchtermuchty, 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.

In Auchtermuchty, analysing Rightmove, what are the number of planning permission applications?

On Rightmove, there are a lot of people who plan to make amendments to their property and 8,000 people every month go through the process. In Auchtermuchty, this number is no relevant data for this city every month and the success rate for planning permission is no relevant data for this city.
Rightmove records planning success as a good metric for investors to get a gauge on how familiar people are with renovating their homes. A higher success indicates investors have done improvements before and they are good at renovation. This suggests that if you are looking to buy in Auchtermuchty, you may be able to do the same and make some money.

In the area, using Rightmove data, what are most people selling their property for?

In the area of Auchtermuchty in the UK, the average sold price of a property is around £149,861. 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
detached house £280,426
Semi detached house £155,040
Terraced house £126,476
Flat £83,949

According to Rightmove data in Auchtermuchty, is it worth moving into a HMO?

In Auchtermuchty, of the total number of licensed HMOs (no relevant data for this city) 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 Auchtermuchty 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.

By analysing Rightmove in Auchtermuchty, 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 Auchtermuchty, the current data indicates that there are 32.6 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.

FAQ

Uncover the typical property asking price in Auchtermuchty through Rightmove data.

At present, within the confines of Auchtermuchty, the mean price for houses listed for sale is £149,861.

Does exploring properties on Rightmove within Auchtermuchty come with any fees you may not be aware of?

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 Auchtermuchty’s vicinity?

The ongoing crime rate in Auchtermuchty indicates no relevant data for this city instances for every 1000 citizens.

What are the house sales per month in Auchtermuchty?

To interpret the insights drawn by listing portals like Rightmove, begin by recognizing that the ongoing rate of houses sold per month is counted at no relevant data for this city as of recent data.

According to Rightmove, what’s the mean price of a three-bedroom property in Auchtermuchty?

The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.

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donnell-bailey

Donnell Bailey

Property expert

Donnell is a property expert focusing on the property market, he looks at a combination of legislation, information from property managers, letting agents and market trends to produce information to help landlords.

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