Grangemouth

Area Guide For Grangemouth

Grangemouth is a town and previous burgh in the chamber region of Falkirk, Scotland. The town lies in the Forward Valley, on the banks of the Firth of Forward, 3 miles (4.8â km) east of Falkirk, 5 miles (8.0â km) west of Bo'ness and 13 miles (20.9â km) south-east of Stirling. Grangemouth had an occupant populace of 17,906 as indicated by the 2001 Evaluation. Grangemouth's development as a town depended principally on its topographical area. Initially a clamoring port, exchange moved through the town with the development of the Forward and Clyde Trench in the eighteenth century. These days, the economy of Grangemouth is concentrated basically on the expansive petrochemical industry of the zone which incorporates the oil refinery, possessed by Ineos, one of the biggest of its kind in Europe. The town is twinned with La Porte, Indiana and Crã©teil, Þle-de-France, France as a feature of the Falkirk gathering zone. Grangemouth was established by Sir Lawrence Dundas in 1768 amid the development of the Forward and Clyde Channel. Initially under the name of Sealock, which alluded to the Forward and Clyde Waterway and where it streamed into the Stream Forward.

 
 

Grangemouth Map

Estimated Price: £99,393
Average Asking Price: £93,734
Price change in last one year: £8,879
Average Price Paid: £83,586
Average Rent Rates: £412

 
 

Property Prices Breakdown in Grangemouth

Average Price for property in Grangemouth is around £99,393 which varies based on type of property you are interested in and ranges from £227,244 for detached house to around £138,147 for semi-detached. Similarly terraced house is around £95,814 and a flat is worth £77,823. Values have been changing and have risen £1,397 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,802 in last 6 months, £8,879 in last 1 year, £11,461 in last 2 years, £6,433 in last 3 years, £12,192 in last 4 years and £7,465 in last 5 years.

Currently average asking price of a property in Grangemouth is around £93,734 based on approximately 206 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £412 per month.

Estimated property value in Grangemouth is £99,393. Average asking price is £93,734 while average price paid is £82,204 which is up by £8,879 and Avg. asking rent £412.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 Grangemouth area. In last 1 year alone average price buyer paid is around £82,204 based on approximately 206 sales in Grangemouth area alone. If you compare it to last 3 years sales of 570 properties where buyers paid around £82,072. 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 £83,586 for 852 and average amount paid for purchase of approx. 1,240 properties sold in last 7 years comes to about £85,172 per sale.

 
 

Properties For Sale in Grangemouth

 
 

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 £75,416, £109,307 for a 3 bedroom house, £297,498 for a 4 bedroom house and £277,498 for a 5 bedroom house. For a flat similarly the prices varies from £44,750 for a single bedroom to £59,078 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £74,166. To sum up the asking prices for properties in Grangemouth it comes to around average £44,750 for 1 bedroom property, £62,999 for 2 bedroom, £98,210 for 3 bedroom, £297,498 for 4 bedroom and £277,498 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 £485 for 2 bedroom to £494 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £378. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £390. You should be generally be expecting around average £378 rent per month for single bedroom property, £405 for 2 bedroom and approximately £494 for 3 bedroom property in Grangemouth area.

Popular Houses in Grangemouth

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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