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 East Renfrewshire, 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.
How much outdoor space is there in East Renfrewshire?
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 East Renfrewshire, the available data reveals that there are 44.5 acres of green space per thousand residents. For health reasons, there should be 6 acres.
How many HMOs are licenced in the city of East Renfrewshire on Rightmove?
The average asking price for a House in Multiple Occupation (HMO) in East Renfrewshire 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 East Renfrewshire is no relevant data for this city and there are also nan 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.
Properties for sale in East Renfrewshire on Rightmove
Exploring East Renfrewshire’s real estate investment potential on Rightmove
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 East Renfrewshire||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.
Looking to buy a house? Rightmove offers a diverse selection of properties for sale. Some of these listings are sold to homeowners and some are sold to investors looking to make a return. Check out more data related to properties for sale in other areas by checking out our list of properties that are for sale throughout the UK if you are interested in comparing East Renfrewshire to other regions.
In the area, using Rightmove data, what are most people selling their property for?
The average sold price of properties in East Renfrewshire, UK, available on Rightmove is £256,360. See the below table to work out what the sold price is based on detached housing, semi-detached housing, terraced housing and flats.
|Category of property||Average price|
East Renfrewshire’s rental yield on Rightmove explained
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 East Renfrewshire is no relevant data for this city.
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 no relevant data for this city for comparison.
Usually, when looking to invest in East Renfrewshire, landlords look for a mix of appreciation and high yields but the gains from capital appreciation aren’t realised until the property is sold.
From East Renfrewshire’s Rightmove data, what are the number of planning permission applications?
Applying for planning permission in East Renfrewshire is something landlords tend to do if they want to add some value to their home. As of this month, there were no relevant data for this city planning applications out of the 8,000 that roughly occur every month nationally. In order to further understand this figure, compare how large the population of the area is to this figure too.
The planning success rate of these applications is nan and the higher this is and the greater it is above the average success of 82%, the more likely it is that landlords are conducting easy renovations. This may therefore indicate that if you are looking to invest in property yourself in East Renfrewshire too, there is a decent amount of opportunity to buy, renovate and make a profit.
How to invest in property in East Renfrewshire using Rightmove data
Based on Rightmove, there is a lot of data you can gather about East Renfrewshire 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.
According to Rightmove data from East Renfrewshire, what properties are renting?
What is the level of Rightmove affordable housing and social rent in East Renfrewshire?
It is well researched and understood that humans like to associate themself with similar people and this is why it’s important to find an area where people are earning a similar amount to you. The percentage of people who are renting from the government is no relevant data for this city in East Renfrewshire. And they have an average household income of no relevant data for this city. If you think these numbers are similar to your financial situation or reflect an area you want to live in, then this is a good sign.
East Renfrewshire’s demographics and income insights based on Rightmove data
In the city of East Renfrewshire, the population is 72140. 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.
To rent a property, the below subheadings go over everything relevant for those looking to rent out a house.
What are some frequently asked questions?
In the city of East Renfrewshire, what is the median property price?
The mean property value in the UK is £286k but is changing all the time. Meanwhile, in the local area of East Renfrewshire, the average cost of a home available for purchase is £256,360. You can compare these figures to see how far away this city is from the average.
In the process of property hunting on Rightmove in East Renfrewshire, 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.
Based on Rightmove’s information, what’s the level of criminal activity in the East Renfrewshire area?
The East Renfrewshire 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.
How many monthly property sales does East Renfrewshire witness according to listing platforms?
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.
On Rightmove, how much does a three-bed property typically cost in East Renfrewshire?
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.