Area Guide For Glasgow

Starting from a small rural settlement on river Clyde, Glasgow grew to become Scotland’s largest city and the third largest in the United Kingdom. It also has the distinction of being one of Britain’s largest seaports, which makes it a trade hub, especially for West Indies and North America. The renowned University of Glasgow also draws international students from around the world and there is a lot of cultural, sports and arts activities and venues in the city as well.


Glasgow Map

Estimated Price: £166,648
Average Asking Price: £153,902
Price change in last one year: £14,455
Average Price Paid: £149,284
Average Rent Rates: £821


Property Prices Breakdown in Glasgow

Average Price for property in Glasgow is around £166,648 which varies based on type of property you are interested in and ranges from £316,591 for detached house to around £184,013 for semi-detached. Similarly terraced house is around £152,450 and a flat is worth £134,129. Values have been changing and have risen £1,040 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,175 in last 6 months, £14,455 in last 1 year, £23,227 in last 2 years, £16,374 in last 3 years, £15,389 in last 4 years and £15,112 in last 5 years.

Currently average asking price of a property in Glasgow is around £153,902 based on approximately 14,573 properties for sale. Same is the case with rental options based on 1,027 properties up for rent, average asking rent is around £821 per month.

Estimated property value in Glasgow is £166,648. Average asking price is £153,902 while average price paid is £153,289 which is up by £14,455 and Avg. asking rent £821.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 Glasgow area. In last 1 year alone average price buyer paid is around £153,289 based on approximately 14,573 sales in Glasgow area alone. If you compare it to last 3 years sales of 40,710 properties where buyers paid around £149,214. 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 £149,284 for 62,509 and average amount paid for purchase of approx. 92,885 properties sold in last 7 years comes to about £149,473 per sale.


Properties For Sale in Glasgow


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 £81,752, £103,257 for a 2 bedroom house, £155,584 for a 3 bedroom house, £279,510 for a 4 bedroom house and £404,629 for a 5 bedroom house. For a flat similarly the prices varies from £74,200 for a single bedroom to £101,696 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £126,351, £201,685 for a 4 bedroom flat and £176,225 for a 5 bedroom flat. To sum up the asking prices for properties in Glasgow it comes to around average £74,910 for 1 bedroom property, £102,064 for 2 bedroom, £145,371 for 3 bedroom, £274,886 for 4 bedroom and £400,150 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 £384 for 1 bedroom to £618 for 2 bedrooms, £771 for 3 bedrooms, £1,257 for 4 bedrooms and £1,725 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £459. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £615, £820 for 3 bedroom, £1,121 for 4 bedroom and around £449 for 5 bedroom flat. You should be generally be expecting around average £454 rent per month for single bedroom property, £615 for 2 bedroom, £800 for 3 bedroom, £1,226 for 4 bedroom and approximately £1,542 for a 5 bedroom property in Glasgow area.

Popular Houses in Glasgow

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.

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