GLASGOW MARKET REVIEW | AUTUMN 2019

KEY FINDINGS:

  • 2019 has seen a number of exciting highprofile employment and development plans announced for the City Centre.
     
  • Average house prices in Glasgow have increased by over £25k in the past five years; this equates to c.3.4% per annum.
     
  • Supply has fallen back slightly in prime locations, supporting demand and values in the likes of G3 and G12.
     
  • Rents within Glasgow have increased by c.3.7% per annum over the past five years and are now around £800pcm. 
     
  • Excess demand in traditionally desirable locations has displaced buyers and renters, leading to rising values, rents and yields in key neighbourhoods.