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 Blackford, aiming to guide your investment decisions.
It’s worth noting that currently, 2 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?
Property investment opportunities presented on Rightmove in Blackford
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 Blackford.
|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|
In terms of the number of planning permission applications on Rightmove, what should there be in Blackford?
The city of Blackford, according to Rightmove listings, has a commendable planning success rate of nan and there are around nan that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Blackford.
Investment analysis of Rightmove property in Blackford
When weighing up an investment property, take into careful consideration the data provided by Rightmove as if you use them the right way, you can really use them to make informed decisions.
By closely examining the monthly property sales volume in the area and looking at this in relation to the number of homes there are (currently 2 properties are sold each month), you can work out the turnover too, which is nan in Blackford.
Even if these figures appear to be positive, it is still worth looking at other factors like the population difference over ten years which is 9%. Also comparing this data to an area slightly bigger, such as South West by visiting our page for this, you can find additional data to help you on your search too.
A city such as Blackford 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 Blackford. With an overall sold price of approximately £514,580, 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||no relevant data for this city|
Linking rental yields with Rightmove property listings in Blackford
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 Blackford, there is an average of no relevant data for this city for rental yield.
Blackford 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.
Properties to Rent in Blackford on Rightmove
What is the outlook for social rent and affordable housing according to Rightmove in Blackford?
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: 4%. Also, in Blackford, the average amount that people earn per household is £42,548.61. 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.
Blackford’s demographics and income insights based on Rightmove data
In the city of Blackford, the population stands at 3339 individuals. Among this population, it is noteworthy to consider the educational levels. Approximately 41% of the residents hold a higher-level educational degree.
Additionally, the average household income in the area amounts to £42,548.61. 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 the city of Blackford, regarding Rightmove, what would it look like living in a HMO?
When it comes to renting in Blackford, it’s important to consider the average asking price for a House in Multiple Occupation (HMO), which is no relevant data for this city. This data is particularly valuable for individuals seeking affordable rental options or like the idea of renting with housemates. If you are looking for more of an expensive property, there are no relevant data for this city HMO properties with an ensuite too. Contrary to what you may believe, not all HMOs have to be cramped with a lack of space. A HMO with an ensuite will mean you won’t have to come out of your room to use the bathroom, making things very convenient.
According to the most recent Rightmove data, there are a total of nan licensed HMOs in Blackford, giving you an idea of the variety and options available in the market.
By analysing Rightmove in Blackford, is there a lot of green, outdoor space?
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 Blackford, the available data reveals that there are 20.1 acres of green space per thousand residents. For health reasons, there should be 6 acres.
Frequently Asked Questions by Rightmove users
In the city of Blackford, what is the median property price?
Currently, the average worth of a property in the UK stands at £286,000. Focusing locally on Blackford, the mean selling price for houses in the area is £514,580. You can look at these two numbers and see if the price in the area is higher or lower than what is the average figure for the rest of the UK.
Does exploring properties on Rightmove within Blackford come with any fees you may not be aware of?
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.
Is there substantial criminal activity in the area around Blackford as indicated by Rightmove?
The current crime rate in Blackford is such that 2900% incidents are recorded for every 1000 residents.
According to online listings, what’s the count of property transactions per month in Blackford?
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 2. 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 average cost of a three-bedroom property in Blackford as per Rightmove data?
The average cost to rent a property with three bedrooms is no relevant data for this city. This can be weighed against the average property price trends.