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What is the property market like in Gayton on Rightmove?

by | Jul 6, 2023

Home $ An overview on Rightmove property listings in the UK $ What is the property market like in Gayton on Rightmove?

10 properties are sold from Rightmove and other listing platforms every single month in the UK. In this article we plan to go over how to buy one of these properties and also how to rent from the platform of Rightmove too.
Gayton contains a lot of information so read carefully and start to consider how to make sure you are involved in a beneficial property deal, whether you are buying or renting.

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What are the number of HMOs on Rightmove that are licenced in the area of Gayton?

When it comes to renting in Gayton, 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 1 licensed HMOs in Gayton, giving you an idea of the variety and options available in the market.

How much outdoor space is there in Gayton?

Green space is universally recommended but unfortunately often compromised in various locations. In cities, the amount of green space often falls below the recommended threshold of 6 acres of green space per thousand people.
In Gayton, the current data indicates the presence of 17.7 acres of green space per thousand residents. By comparing this value to the recommended benchmark of 6, we can evaluate the sufficiency of green space in the area.

A list of properties for Sale in Gayton on Rightmove

A city such as Gayton 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.

In Gayton, what are the number of planning permission applications on Rightmove?

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 Gayton, this number is 9 every month and the success rate for planning permission is 88%.
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 Gayton, you may be able to do the same and make some money.

What are properties sold for on average on Rightmove?

In the area of Gayton in the UK, the average sold price of a property is around £384,683. 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 £492,969
Semi detached house £273,962
Terraced house £203,903
Flat £156,752

Property investment opportunities presented on Rightmove in the city of Gayton

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 Gayton.

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
CH60 1

Investment analysis of Rightmove property in Gayton

When considering buying a house for an investment in the area of North West, you can click here to find further information about houses for sale. There are also a few metrics to look at that make the investment more appealing.



For instance, you should look at the number of property sales that the area has every month which is 10. This, alongside the city’s relative population, should give you an indication of the turnover. The turnover is a piece of data that looks at how many houses have been sold in relation to the number of properties there are.



On average throughout the UK, in a calendar year, this data is around 22% but for Gayton it is nan. Finally, a growing population is always a good sign. The change in population that has happened over the last decade has been 2%. So, you can make of that as you will.

A closer look at rental yield on Rightmove in Gayton

Gayton averages at no relevant data for this city for rental yield and this should be looked at in comparison with the average for the UK which tends to fluctuate around 4.4%. Having said this, rental yields can drop as low as 1% in the central areas of London and rise to as high as 9% in areas with high rental demand such as Stoke.
Yield, which is no relevant data for this city in Gayton, is worked out by dividing the net rental income of a property by the purchase price.

On Rightmove in Gayton, what properties are available to rent?

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.

What is the outlook for social rent and affordable housing according to Rightmove in Gayton?

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 2% in Gayton. And they have an average household income of £36,521.05. 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.

Analysing the rate of education in Gayton from Rightmove

In the city of Gayton, the population is 13256. Out of all of these people, it is worth noting the education level. 47% have a degree (a higher level educational degree). Also, the average household income of the area is £36,521.05. 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.

Frequently asked Questions

How much does the average property cost in Gayton 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 Gayton, the average cost of a home available for purchase is £384,683. You can compare these figures to see how far away this city is from the average.

On Rightmove, are there any hidden costs when searching for property in the city of Gayton?

Costs that landlords should look out for include the rate of stamp duty, costs of renovation and also what the landlord deductible expenses are in a property based on if the property is a limited company or listed in your personal name.

Is there a lot of crime in the area of Gayton according to Rightmove?

The city of Gayton currently has a crime rate where for every 1000 people who live there 37 commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.

In Gayton, how many sales per month are there according to listing portals?

To interpret the insights drawn by listing portals like Rightmove, begin by recognizing that the ongoing rate of houses sold per month is counted at 10 as of recent data.

What’s the average cost of a three-bedroom property in Gayton as per Rightmove data?

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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donnell-bailey

Donnell Bailey

Property expert

Donnell is a property expert focusing on the property market, he looks at a combination of legislation, information from property managers, letting agents and market trends to produce information to help landlords.

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