In this overview, we’ll delve into the Rightmove data for Bellsquarry, 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 no relevant data for this city 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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In Bellsquarry, what does the property sales data look like based on Rightmove?
Average sold prices of properties on Rightmove
By looking at the below table taken from Rightmove data, you can gain great insights into the property market of Bellsquarry. With an overall sold price of approximately £159,219, 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 | £114,739 |
| Terraced house | £130,825 |
| Semi-detached house | £170,815 |
| detached house | £266,744 |
It is worth noting that the more homes sell on a monthly basis, the more buyers and competition there tend to be. This figure for Bellsquarry is talked about below and in the following headings.
Linking rental yields with Rightmove property listings in Bellsquarry
Rental yield is simply the annual amount of rent that is made from a property after expenses calculated as a percentage. As of 2023, the yield of Bellsquarry is £0.
It is a wise idea to compare this figure to the rest of the UK. Areas with extremely high yields can get as high as 10% but on the low end where property is very expensive such as in Chelsea, London, yields can be as low as 1%. So use the figure of £0 for comparison.
Usually, when looking to invest in Bellsquarry, landlords look for a mix of appreciation and high yields but the gains from capital appreciation aren’t realised until the property is sold.
How can property investments be made using Rightmove data?
In Bellsquarry, the average asking rent in the area is £920 and there is a table below that goes over the asking rent for every type of property there is. Also, in Bellsquarry, the average yield of properties is £0. A figure that can be used as a metric to gauge how profitable an investment is and compared to the national average of 4.4%.
See the table for a more extensive breakdown of how average asking rent is distributed.
| Number of bedrooms | Average asking rent |
|---|---|
| 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 | no relevant data for this city |
In terms of the number of planning permission applications on Rightmove, what should there be in Bellsquarry?
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 Bellsquarry, this number is no relevant data for this city every month and the success rate for planning permission is nan.
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 Bellsquarry, you may be able to do the same and make some money.
A look into Rightmove’s Bellsquarry 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 Scotland. However, you can find data for the wider region here.
| Data for Bellsquarry | Average for the UK | |
|---|---|---|
| Turnover | no relevant data for this city | 19% |
| Property sales per month | no relevant data for this city | 576,000 |
| Population growth over 10 years | 6% | 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 Scotland.
In Bellsquarry, what property are people trying to rent on Rightmove?
How to examine income data from Rightmove for Bellsquarry
In the city of Bellsquarry, the population stands at 54820 individuals. Among this population, it is noteworthy to consider the educational levels. Approximately no relevant data for this city of the residents hold a higher-level educational degree.
Additionally, the average household income in the area amounts to no relevant data for this city. This information is significant for renters, as a higher percentage of degree holders compared to the regional average of 22.6% suggests that your neighbours are likely to be higher earners. While other factors influence neighbour quality too, considering the education level remains beneficial as you’d likely want to be around people you are similar to.
In Bellsquarry, in terms of affordable housing and social rent, what does Rightmove data show?
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, no relevant data for this city of individuals in Bellsquarry rely on government rent and the average household income in the district is no relevant data for this city.
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.
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.
From Rightmove listings, what is the availability of green space in Bellsquarry
Green space is a vital element that is often compromised in different locations, hindering its availability. For instance, urban areas frequently fall short of the recommended benchmark of 6 acres of green space per thousand people. In Bellsquarry, the available data reveals that there are 37.4 acres of green space per thousand residents. For health reasons, there should be 6 acres.
What are the number of HMOs on Rightmove that are licenced in the area of Bellsquarry?
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 Bellsquarry. Understanding where is best to rent in Bellsquarry involves considering the average asking price for a House in Multiple Occupation (HMO) and comparing this to normal rents.
What are some frequently asked questions?
How much does the average property cost in Bellsquarry according to Rightmove data?
The mean property value in the UK is £286k but is changing all the time. Meanwhile, in the local area of Bellsquarry, the average cost of a home available for purchase is £159,219. You can compare these figures to see how far away this city is from the average.
Does exploring properties on Rightmove within Bellsquarry come with any fees you may not be aware of?
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)
Does Rightmove data indicate a high occurrence of crime in the vicinity of Bellsquarry?
In Bellsquarry, the prevailing crime rate results in no relevant data for this city occurrences for every 1000 residents. This contrasts with the nationwide average of 79.52 incidents for every 1000 individuals.
According to online listings, what’s the count of property transactions per month in Bellsquarry?
To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, consider that no relevant data for this city properties are being sold every month.
According to Rightmove, what’s the mean price of a three-bedroom property in Bellsquarry?
Properties with three bedrooms command an average asking price of no relevant data for this city. This can be juxtaposed with the mean property price of the entire united kingdom which is £286,000. Or, for a more accurate figure, you can compare it to the average price of a three bed property in the UK which is £283,706.
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