Area Guide For Falkirk

Falkirk is a town in the Central Lowlands of Scotland. It lies in the Forth Valley, almost midway between the two most populous cities of Scotland; 23.3 miles (37.5 km) north-west of Edinburgh and 20.5 miles (33.0 km) north-east of Glasgow. Falkirk had a resident population of 32,422 at the 2001 census. The population of the town had risen to 34,570 according to a 2008 estimate, making it the 20th most populous settlement in Scotland. Falkirk is the main town and administrative centre of the Falkirk council area, which has an overall population of 145,191 and inholds the nearby towns of Grangemouth, Bo'ness, Denny, Larbert and Stenhousemuir. The town lies at the junction of the Forth and Clyde Canal and the Union Canal, a location which proved pivotal to the growth of Falkirk as a centre of heavy industry during the Industrial Revolution. In the 18th and 19th centuries Falkirk was at the centre of the iron and steel industry, underpinned by the Carron Company situated in the nearby village of Carron. The company was responsible for the manufacturing of Carronades for the Royal Navy and also later many UK


Falkirk Map

Estimated Price: £137,843
Average Asking Price: £155,524
Price change in last one year: £10,875
Average Price Paid: £120,802
Average Rent Rates: £457


Property Prices Breakdown in Falkirk

Average Price for property in Falkirk is around £137,843 which varies based on type of property you are interested in and ranges from £232,910 for detached house to around £134,871 for semi-detached. Similarly terraced house is around £99,542 and a flat is worth £87,734. Values have been changing and have risen £1,208 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,489 in last 6 months, £10,875 in last 1 year, £13,453 in last 2 years, £10,069 in last 3 years, £16,884 in last 4 years and £14,265 in last 5 years.

Currently average asking price of a property in Falkirk is around £155,524 based on approximately 2,242 properties for sale. Same is the case with rental options based on 141 properties up for rent, average asking rent is around £457 per month.

Estimated property value in Falkirk is £137,843. Average asking price is £155,524 while average price paid is £124,133 which is up by £10,875 and Avg. asking rent £457.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Falkirk area. In last 1 year alone average price buyer paid is around £124,133 based on approximately 2,242 sales in Falkirk area alone. If you compare it to last 3 years sales of 6,326 properties where buyers paid around £121,380. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £120,802 for 9,627 and average amount paid for purchase of approx. 14,048 properties sold in last 7 years comes to about £121,805 per sale.


Properties For Sale in Falkirk


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £55,649, £97,203 for a 2 bedroom house, £132,614 for a 3 bedroom house, £235,332 for a 4 bedroom house and £348,063 for a 5 bedroom house. For a flat similarly the prices varies from £59,692 for a single bedroom to £77,754 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £92,136 and £280,000 for a 4 bedroom flat. To sum up the asking prices for properties in Falkirk it comes to around average £59,311 for 1 bedroom property, £84,523 for 2 bedroom, £128,799 for 3 bedroom, £235,656 for 4 bedroom and £348,063 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £489 for 2 bedroom to £606 for 3 bedroom, £1,101 for 4 bedroom and £780 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £363. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £436, £482 for 3 bedroom and £1,101 for 4 bedroom. You should be generally be expecting around average £363 rent per month for single bedroom property, £450 for 2 bedroom, £561 for 3 bedroom, £1,101 for 4 bedroom and approximately £780 for a 5 bedroom property in Falkirk area.

Popular Houses in Falkirk

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Falkirk