30 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.
Swindon 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.
Properties to Rent in Swindon on Rightmove
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.
Analysing the rate of education in Swindon 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 £46,200.00 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.
Swindon’s demographics also reveal a population of 159120 individuals and a percentage of people with degrees falling at 22%. 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.
What is the level of Rightmove affordable housing and social rent in Swindon?
Through some digging, we found the level of social rent in the area. Currently, this figure is 17% as the percentage of people who are leasing directly from the government. In the area of Swindon, the average household income is £46,200.00 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.
By analysing Rightmove in Swindon, is there a lot of green, outdoor space?
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 Swindon, the available data reveals that there are 24.1 acres of green space per thousand residents. For health reasons, there should be 6 acres.
In the city of Swindon, regarding Rightmove, what would it look like living in a HMO?
Currently, the number of licensed HMOs stands at nan that come at an average price to rent of no relevant data for this city. You can also see the difference between the price of a standard HMO room and the average price of a HMO room with an ensuite which is £546.
This should give you an indication if it is worth the difference in price to upgrade to a room with a bathroom in Swindon. Understanding where is best to rent in Swindon involves considering the average asking price for a House in Multiple Occupation (HMO) and comparing this to normal rents.
In Swindon, what does the property sales data look like based on Rightmove?
Exploring Swindon’s real estate investment potential on Rightmove
When considering buying a house for an investment in the area of South 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 30. 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 Swindon it is 1.6. Finally, a growing population is always a good sign. The change in population that has happened over the last decade has been 8%. So, you can make of that as you will.
How Rightmove listings in Swindon help you make an investment
There is a fair amount of insight that you can gather from the city of Swindon by looking at Rightmove data. You can use all of this data in order to invest properly armed with the right information. To begin, let’s have a look at the most important data that someone looks for when evaluating an investment in the area, £0 is the average rental yield and the average asking rent is £958.
The average for these figures are 4.4% and £1,143 respectively. You can make an investment work in any area and there is even less you won’t have to worry about these figures if you are buying to live in this home. So, look at the below figures with an element of reason and be prepared to make changes to the rent using a
section 13 rent increase as a landlord if there are changes in the economy and the cost to run a property goes up.
|Number of bedrooms||Average asking rent|
|4||no relevant data for this city|
|5||no relevant data for this city|
Average sold prices of properties on Rightmove
The average sold price of properties in Swindon, UK, available on Rightmove is £258,884. 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|
On Rightmove, how many planning permission applications are there based in Swindon?
In the UK, planning applications result in a success rate of 82% most of the time. In Swindon, people plan to make modifications to their properties and apply for planning permission with a planning success rate of nan.
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 12 monthly planning applications in Swindon, 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.
A city such as Swindon 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.
A closer look at rental yield on Rightmove in Swindon
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 Swindon is £0.
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 £0 for comparison.
Usually, when looking to invest in Swindon, landlords look for a mix of appreciation and high yields but the gains from capital appreciation aren’t realised until the property is sold.
What questions are asked most frequently?
In the city of Swindon, what is the median property price?
At present, within the confines of Swindon, the mean price for houses listed for sale is £258,884.
On Rightmove, are there any hidden costs when searching for property in the city of Swindon?
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.
Does Rightmove data indicate a high occurrence of crime in the vicinity of Swindon?
In Swindon, the prevailing crime rate results in 10680% occurrences for every 1000 residents. This contrasts with the nationwide average of 79.52 incidents for every 1000 individuals.
What’s the frequency of property sales per month in Swindon as reported by listing portals?
To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, consider that 30 properties are being sold every month.
What’s the usual price range for a three-bedroom property on Rightmove in Swindon?
The average cost to rent a property with three bedrooms is £980. This can be weighed against the average property price trends.