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What is the property market like in Paisley on Rightmove?

by | Jul 6, 2023

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

no relevant data for this city 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.
Paisley 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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By analysing Rightmove in Paisley, is there a lot of green, outdoor space?

Green space is highly recommended for everyone’s well-being, but it is often compromised. Urban areas, in particular, tend to have insufficient green space compared to the recommended benchmark of 6 acres per thousand people according to Fields in Trust seen here. In Paisley, the current data indicates that there are 59.6 acres of green space available per thousand residents. By comparing this figure to the recommended standard of 6, we can assess the adequacy of green space in the area based on Rightmove data.

In the city of Paisley, regarding Rightmove, what would it look like living in a HMO?

In Paisley, 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 Paisley 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.

In Paisley, what property are people trying to rent on Rightmove?

Analysing the rate of education in Paisley from Rightmove

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.
Paisley’s demographics also reveal a population of 79885 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.

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 level of Rightmove affordable housing and social rent in Paisley?

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 Paisley, 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.

Properties for sale in Paisley on Rightmove

A look into Rightmove’s Paisley property as an Investment

As you delve into the property landscape of Paisley in the region of Scotland, Rightmove becomes an invaluable resource that provides data that can be looked at every month.



Some standard data that should be examined when trying to understand an area include the number of sales there are every month in the area, which falls at no relevant data for this city. Look at this in accordance with the population of the area, larger populations obviously will generally have more sales as there are more people living there and likely to sell their property. So, look at this as a factor and also check out this link to compare data for other cities in the area.



So, you can look at turnover which looks at property sales every year in relation to the number of houses that exist in the area anyway. Currently turnover is no relevant data for this city. Every decade population change should also be considered. This figure stands at 0% and positive changes generally show there is a growing population no matter if you are talking about a city or a wider region like Scotland.

Paisley’s rental yield on Rightmove explained

Rental yield in Paisley is no relevant data for this city 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 Paisley’s yield of no relevant data for this city 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.

In terms of the number of planning permission applications on Rightmove, what should there be in Paisley?

Applying for planning permission in Paisley 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 no relevant data for this city 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 Paisley too, there is a decent amount of opportunity to buy, renovate and make a profit.

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 Paisley to other regions.

Property investment opportunities presented on Rightmove in the city of Paisley

In Paisley, the average asking rent in the area is no relevant data for this city and there is a table below that goes over the asking rent for every type of property there is. Also, in Paisley, the average yield of properties is no relevant data for this city. A figure that can be used as a metric to gauge how profitable an investment is and compared to the national average of 4.4%.
See the table for a more extensive breakdown of how average asking rent is distributed.

Number of bedrooms Average asking rent
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 no relevant data for this city

In the area, using Rightmove data, what are most people selling their property for?

In the area of Paisley in the UK, the average sold price of a property is around £84,480. 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 £246,362
Semi detached house £155,093
Terraced house £115,514
Flat £59,984

FAQ

In the city of Paisley, what is the median property price?

At present, within the confines of Paisley, the mean price for houses listed for sale is £84,480.

When utilising Rightmove for finding property in Paisley, are there any charges to consider?

Vigilance is key for landlords, encompassing factors like the stamp duty rate, renovation expenses, and the potential deductible costs based on whether the property is incorporated as a limited company or under your personal name.

According to Rightmove data, how prevalent is crime in Paisley’s vicinity?

The Paisley community presently experiences a crime rate where 100% 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 Paisley, 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, consider that no relevant data for this city properties are being sold every month.

According to Rightmove, what’s the mean price of a three-bedroom property in Paisley?

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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