Greenock

Area Guide For Greenock

Greenock is a town and regulatory focus in the Inverclyde gathering range in Scotland and a previous burgh inside the noteworthy region of Renfrewshire, spotted in the west focal Lowlands of Scotland. It structures a piece of a touching urban range with Gourock to the west and Port Glasgow to the east.

The 2011 registration demonstrated that Greenock had a populace of 44,248, a reduction from the 46,861 recorded in the 2001 Census. It lies on the south bank of the Clyde at the "Tail of the Bank" where the River Clyde ventures into the Firth of Clyde.

 
 

Greenock Map

Estimated Price: £129,514
Average Asking Price: £112,880
Price change in last one year: £5,982
Average Price Paid: £117,996
Average Rent Rates: £630

 
 

Property Prices Breakdown in Greenock

Average Price for property in Greenock is around £129,514 which varies based on type of property you are interested in and ranges from £233,320 for detached house to around £137,091 for semi-detached. Similarly terraced house is around £116,894 and a flat is worth £116,318. Values have been changing and have risen £182 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £650 in last 6 months, £5,982 in last 1 year, £11,134 in last 2 years, £9,678 in last 3 years, £9,892 in last 4 years and £11,361 in last 5 years.

Currently average asking price of a property in Greenock is around £112,880 based on approximately 407 properties for sale. Same is the case with rental options based on 24 properties up for rent, average asking rent is around £630 per month.

Estimated property value in Greenock is £129,514. Average asking price is £112,880 while average price paid is £119,685 which is up by £5,982 and Avg. asking rent £630.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 Greenock area. In last 1 year alone average price buyer paid is around £119,685 based on approximately 407 sales in Greenock area alone. If you compare it to last 3 years sales of 1,150 properties where buyers paid around £116,256. 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 £117,996 for 1,820 and average amount paid for purchase of approx. 2,921 properties sold in last 7 years comes to about £119,655 per sale.

 
 

Properties For Sale in Greenock

 
 

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 2 bedroom is around £94,258, £141,092 for a 3 bedroom house, £233,042 for a 4 bedroom house and £294,862 for a 5 bedroom house. For a flat similarly the prices varies from £49,531 for a single bedroom to £74,327 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £130,637, £176,185 for a 4 bedroom flat and £183,999 for a 5 bedroom flat. To sum up the asking prices for properties in Greenock it comes to around average £49,531 for 1 bedroom property, £78,427 for 2 bedroom, £135,021 for 3 bedroom, £215,014 for 4 bedroom and £252,222 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 £351 for 1 bedroom to £500 for 2 bedroom, £797 for 3 bedroom and £1,250 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £413. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £637 and £550 for 3 bedroom. You should be generally be expecting around average £398 rent per month for single bedroom property, £609 for 2 bedroom, £633 for 3 bedroom and approximately £1,250 for 4 bedroom property in Greenock area.

Popular Houses in Greenock

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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