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 Port Glasgow, 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.
Properties to Rent in Port Glasgow on Rightmove
How to examine income data from Rightmove for Port Glasgow
Within the city of Port Glasgow, the population amounts to 16188 individuals. Among these residents, it is notable that approximately no relevant data for this city hold a higher-level educational degree. Furthermore, the average household income in the area stands at no relevant data for this city. For renters, it is essential to recognize that if the percentage of degree holders surpasses the regional average of 22.6%, your neighbours are likely to have higher incomes. Although other factors influence neighbour quality, acknowledging educational achievements proves beneficial.
Looking to rent? Find the most valuable data points for the process of renting below. See our full list of areas in the UK with data from Rightmove if you want to compare these rents to other areas in the UK.
What is the level of Rightmove affordable housing and social rent in Port Glasgow?
Not everyone is inclined to purchase a house and in fact, some people are actually struggling with renting to the extent that they have to rent from the government. According to data scraped from Rightmove and listing portals that are popular in the UK, no relevant data for this city of individuals in Port Glasgow rely on government rent and the average household income in the district is no relevant data for this city.
Always visit an area too to find out what the area is truly like and compare these figures to the national averages of 22.6% (on social rent) and £34,000 (in household earnings per year). Most people prefer to live amongst people where their incomes are similar.
If you are a tenant, perhaps move in as a lodger in an excluded tenancy agreement instead of as an assured tenant. While you have fewer rights, a tenancy may be easier to secure.
Will you be moving into somewhere with a lot of green space if you moved to Port Glasgow?
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 Port Glasgow, the available data reveals that there are 44.5 acres of green space per thousand residents. For health reasons, there should be 6 acres.
On Rightmove and in Port Glasgow, how many HMOs are licenced?
When it comes to renting in Port Glasgow, 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 no relevant data for this city licensed HMOs in Port Glasgow, giving you an idea of the variety and options available in the market.
A list of properties for Sale in Port Glasgow on Rightmove
Linking rental yields with Rightmove property listings in Port Glasgow
Port Glasgow 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 Port Glasgow, is worked out by dividing the net rental income of a property by the purchase price.
Investment analysis of Rightmove property in Port Glasgow
As you delve into the property landscape of Port Glasgow 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 -5% 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.
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 Port Glasgow to other regions.
From Port Glasgow’s Rightmove data, what are the number of planning permission applications?
In the UK, planning applications result in a success rate of 82% most of the time. In Port Glasgow, people plan to make modifications to their properties and apply for planning permission with a planning success rate of no relevant data for this city.
This is interesting data for investors in particular. An above average success indicates renovations are tried and tested and likely an investment from landlords. This is a great opportunity for investors to model what works in the area and do the same. On the other hand, a lower approval indicates there are more ambitious proposals in the area and of the no relevant data for this city monthly planning applications in Port Glasgow, property here is more difficult to conduct improvements on.
If you don’t want to deal with planning permission, consider buying a property as a leaseholder which means you don’t own the land and any planning permission is done by the freeholder who owns the land.
If you do this, you will have to look at when a leasehold expires as well as other disadvantages though. However, there are pros and cons of being a leaseholder or a freeholder. For instance, as a freeholder, you may have to evict a leaseholder in a process known as a forfeiture of lease. So, pay attention to the advantages and disadvantages and what path you actually want to go down.
How can property investments be made using Rightmove data?
In Port Glasgow, 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 Port Glasgow, 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|
Average sold prices of properties on Rightmove
In the area of Port Glasgow in the UK, the average sold price of a property is around £79,397. 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||£82,554|
Frequently Asked Questions by Rightmove users
In the city of Port Glasgow, 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 Port Glasgow, the average cost of a home available for purchase is £79,397. 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 Port Glasgow?
It’s essential for landlords to stay alert to an array of costs that you could be subject to as a landlord. These may include, stamp duty rates, costs that may come up due to renovation and also making sure they are aware of the things you can write off as a landlord in a limited company as opposed to your personal name.
Based on Rightmove’s information, what’s the level of criminal activity in the Port Glasgow area?
The ongoing crime rate in Port Glasgow indicates 100% instances for every 1000 citizens.
In Port Glasgow, how many sales per month are there according to listing portals?
To comprehend the insights extracted from listing portals like Rightmove begin by acknowledging that the ongoing frequency of houses sold each month equates to no relevant data for this city. To learn more about houses for sale and why this data is important
On Rightmove, what is the average price of a three-bed property in Port Glasgow?
The mean asking price for a property featuring three bedrooms stands at no relevant data for this city.