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 Blair Drummond 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 no relevant data for this city number of properties that are sold.
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According to Rightmove data from Blair Drummond, what properties are renting?
How to examine income data from Rightmove for Blair Drummond
If you are renting or looking to rent, it is good practice to recognise if in the area you are searching, the people have higher incomes. The average household income in this area is no relevant data for this city and this figure on a nationwide level has an average of £34,000. It is important to understand this because you want to be in a location that suits your taste and budget.
Blair Drummond’s demographics also reveal a population of 13790 individuals and a percentage of people with degrees falling at no relevant data for this city. Keep this in mind too and compare it to the average percentage of degrees in the UK which is 22.6%. You don’t necessarily want to be around people you aren’t like or have nothing in common with.
Sometimes, buying isn’t suitable for everyone. Fortunately, renting is also an option and there is a lot of data that can be gathered from Rightmove for this too.
What is the level of Rightmove affordable housing and social rent in Blair Drummond?
Through some digging, we found the level of social rent in the area. Currently, this figure is no relevant data for this city as the percentage of people who are leasing directly from the government. In the area of Blair Drummond, the average household income is no relevant data for this city too. This is another figure to reference and compare to the £34,000 average national salary to see who is in financial hardship. You may wonder why it is necessary to have this information and the answer is because it’s important you live in an area that suits your income as life is generally more enjoyable when you pick somewhere to live amongst others in a similar situation.
How much outdoor space is there in Blair Drummond?
In Blair Drummond, the available data reveals that there are 59.9 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.
What are the number of HMOs on Rightmove that are licenced in the area of Blair Drummond?
The average asking price for a House in Multiple Occupation (HMO) in Blair Drummond 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 Blair Drummond 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.
Home listings in Blair Drummond on the platform of Rightmove
How can property investments be made 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 Blair Drummond.
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 |
What is a commons purchase price for property on Rightmove?
In the area of Blair Drummond in the UK, the average sold price of a property is around £233,595. 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 | £348,940 |
Semi detached house | £218,814 |
Terraced house | £172,460 |
Flat | £159,791 |
Linking rental yields with Rightmove property listings in Blair Drummond
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 Blair Drummond, there is an average of no relevant data for this city for rental yield.
Blair Drummond 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 Blair Drummond, analysing Rightmove, what are the number of planning permission applications?
82 out of every 100 applications for planning permission in the UK results in a success according to recent data. When it comes to Blair Drummond, the people who own homes in this area have a rate of planning success of no relevant data for this city. Individuals usually seek to modify their properties and apply for planning permission whenever they are trying to increase the value of a home.
This means investors should take note of this data in Blair Drummond. An above-average success rate indicates that property renovations have been proven to work and are repeatable or it could mean that a lot of the properties in the area are very simple in design. This presents an opportunity for investors to assess successful strategies in the area and adopt similar approaches and of the no relevant data for this city that take place each month, this is likely the case a lot of the time.
A quick insight into Rightmove property Blair Drummond
In the area of Blair Drummond, 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 5% 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.
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 Blair Drummond is talked about below and in the following headings.
What are some frequently asked questions?
How much does the average property cost in Blair Drummond according to Rightmove data?
In Blair Drummond, the mean price for residential properties up for sale is £233,595. The mean price for the average property valuation across the UK is £286,000.
In the process of property hunting on Rightmove in Blair Drummond, do hidden costs come into play?
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.
Does Rightmove data indicate a high occurrence of crime in the vicinity of Blair Drummond?
The Blair Drummond 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.
In Blair Drummond, how many sales per month are there according to listing portals?
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 no relevant data for this city. 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.
According to Rightmove, what’s the mean price of a three-bedroom property in Blair Drummond?
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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