Did you know?
The average house price in the West End* in 2022 was £258,000, 28% higher than the Glasgow average of just over £200,000.
*Postcode districts of G3, G11, G12, G13, G14 and G20
Key Findings
West End specialists
Rettie was the number one agent in the West End market in 2022.
Market performance
The average house price in the West End has risen by 27% since 2019.
Seasonality
Listings coming on to the market peak in spring and remain high all summer.
Market outlook
Our forecasts anticipate 17% growth in capital values over the next five years.
West End Specialists
For sellers, in-depth knowledge of the local and national marketplace is essential. Rettie was the number one agent in a West End sales market that was worth almost £840m in 2022. Rettie sold 20% of that total, including one in three properties over £400,000.
Our success is based on offering the highest service standards in very challenging markets, backed by our excellent local research and understanding of local markets.
The West End market shows prices, on average, nearly 30% more than in Glasgow as a whole (with G12 prices nearly double the Glasgow average). Our research also highlights that the strong performance of the West End area is forecast to continue, with prices set to rise by close to 20% or more over the next 5 years.
The pronounced spring/summer surge in activity demonstrates the importance of timing to take advantage of the local market. Put simply, you need to be thinking of putting your property on the market now if you’re looking at selling this year.
We’re here to help. For a no obligation market appraisal of your property, please contact me directly.
Market Performance
Strong price growth The average house price in the West End in 2022 has risen by 27% since 2019 to £258,000, which is 28% higher than the Glasgow average of just over £200,000.
The West End house sales market was worth almost £840m in 2022, with over 3,255 sales. Sales volumes are relatively unchanged since before the pandemic in 2019, but price growth has meant that the value of property sold is up 27% in the last three years (from £662m).
G12 had the highest average price of the West End postcode districts, but there is evidence of displaced demand from the West End now driving price growth in areas such as Finnieston, Anniesland and Scotstoun.
Heat Map of House Prices in West End and Surrounding Areas, 2022
Seasonality
As with most locations, the West End market is a seasonal one. Listings coming on to the market peak in the spring (March-May) and remain at elevated levels throughout the summer and into early autumn. For those wanting to sell this year, listing in the spring market is usually the target to aim for.
Market Outlook
Our current price forecasts anticipate 17% growth in capital values (on average) in the Glasgow market over the next five years. We expect growth in the West End to be similar, which would see average prices in the area reaching nearly £290,000 compared to around £220,000 in the city as a whole.
For a free no obligation market appraisal of your property please contact Maitland Walker or Jamie Osborne on 0141 341 6000 or glasgowwestend@rettie.co.uk.
Your Questions Answered
- What does the top end of the west end market look like?
G12 accounted for 9 of the top 10 sales in the West End in 2022, all over £1m. Kingsborough Gardens had 5 sales averaging close to £1m each. The highest value sale in 2022 was in excess of £1.8m. Kelvinside was the most expensive neighbourhood, with an average price of £464,000.
- Why does the West End market appear to have been more resilient than other areas over recent years?
The West End does tend to be a micro market due to its links with the University of Glasgow, teaching hospitals and other significant nearby employers, which better insulate it in any market downturns.
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