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 Falkirk 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.
According to Rightmove data in Falkirk, is it worth moving into a HMO?
In Falkirk, 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 Falkirk 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.
How much outdoor space is there in Falkirk?
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 Falkirk, the available data reveals that there are 59.9 acres of green space per thousand residents. For health reasons, there should be 6 acres.
According to Rightmove data from Falkirk, what properties are renting?
What is the outlook for social rent and affordable housing according to Rightmove in Falkirk?
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 Falkirk, 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.
Analysing the rate of education in Falkirk from Rightmove
In the city of Falkirk, the population stands at 29190 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.
If you are looking to rent a property, consider the data below that will help you decide on renting your next premises.
Properties for sale in Falkirk on Rightmove
What are properties sold for on average on Rightmove?
In the area of Falkirk in the UK, the average sold price of a property is around £116,439. 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|
|Semi detached house||£146,950|
In Falkirk, what are the number of planning permission applications on Rightmove?
82 out of every 100 applications for planning permission in the UK results in a success according to recent data. When it comes to Falkirk, 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 Falkirk. 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.
How can property investments be made using Rightmove data?
Based on Rightmove, there is a lot of data you can gather about Falkirk and there is a lot that can go towards making the decision to invest. So, the average rental yield of the area is £0. and the average asking rent based on Rightmove data is £607. 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.
Investment analysis of Rightmove property in Falkirk
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 no relevant data for this city properties are sold each month), you can work out the turnover too, which is no relevant data for this city in Falkirk.
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 4%. Also comparing this data to an area slightly bigger, such as Scotland by visiting our page for this, you can find additional data to help you on your search too.
A deep dive into rental yield and how this impacts Falkirk
Rental yield in Falkirk is £0 as of 2023. However, this is not to say that there are not higher yields out there. When the economy was favourable for property in 2018. Yields were as high as 11% in places like Sheffield in some cases. However, an average, yet respectable figure you can expect from a property in the UK is around 4.4% so you can compare Falkirk’s yield of £0 to see if you are above or below.
It is useful to note that even though a property may have a below average rental yield, it can still benefit from capital appreciation over time and this profit can be taken when the property is sold.
Every month, properties are sold on the platform of Rightmove in Falkirk and you can explore the topics below related to sales that give you an overview of the market.
Frequently Asked Questions by Rightmove users
Uncover the typical property asking price in Falkirk through Rightmove data.
The average property price for the UK currently stands at £286,000. In the local area of Falkirk, the average price of a house for sale in the area is £116,439
Are there any undisclosed expenses associated with property searches on Rightmove within Falkirk?
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 Falkirk area?
In Falkirk, the prevailing crime rate results in 100% occurrences for every 1000 residents. This contrasts with the nationwide average of 79.52 incidents for every 1000 individuals.
What are the house sales per month in Falkirk?
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.
What’s the usual price range for a three-bedroom property on Rightmove in Falkirk?
The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.