Falkirk

Area Guide For Falkirk

Falkirk is a town in the Focal Marshes of Scotland. It lies in the Forward Valley, pretty much halfway between the two most crowded urban communities of Scotland; 23.3 miles (37.5â km) north-west of Edinburgh and 20.5 miles (33.0â km) north-east of Glasgow. Falkirk had an occupant populace of 32,422 at the 2001 enumeration. The number of inhabitants in the town had climbed to 34,570 as indicated by a 2008 evaluation, making it the twentieth most crowded settlement in Scotland. Falkirk is the fundamental town and managerial focus of the Falkirk committee zone, which has a general populace of 145,191 and inholds the close-by towns of Grangemouth, Bo'ness, Denny, Larbert and Stenhousemuir. The town lies at the intersection of the Forward and Clyde Waterway and the Union Channel, an area which demonstrated crucial to the development of Falkirk as a core of substantial industry amid the Mechanical Upset. In the eighteenth and nineteenth hundreds of years Falkirk was at the middle of the iron and steel industry, supported by the Carron Organization arranged in the adjacent town of Carron.

 
 

Falkirk Map

Estimated Price: £141,967
Average Asking Price: £167,816
Price change in last one year: £8,065
Average Price Paid: £118,550
Average Rent Rates: £451

 
 

Property Prices Breakdown in Falkirk

Average Price for property in Falkirk is around £141,967 which varies based on type of property you are interested in and ranges from £239,582 for detached house to around £139,642 for semi-detached. Similarly terraced house is around £102,110 and a flat is worth £91,104. Values have been changing and have risen £1,349 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,176 in last 6 months, £8,065 in last 1 year, £10,264 in last 2 years, £9,660 in last 3 years, £15,241 in last 4 years and £17,050 in last 5 years.

Currently average asking price of a property in Falkirk is around £167,816 based on approximately 1,134 properties for sale. Same is the case with rental options based on 76 properties up for rent, average asking rent is around £451 per month.

Estimated property value in Falkirk is £141,967. Average asking price is £167,816 while average price paid is £124,986 which is up by £8,065 and Avg. asking rent £451.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 Falkirk area. In last 1 year alone average price buyer paid is around £124,986 based on approximately 1,134 sales in Falkirk area alone. If you compare it to last 3 years sales of 3,293 properties where buyers paid around £119,373. 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 £118,550 for 4,990 and average amount paid for purchase of approx. 7,292 properties sold in last 7 years comes to about £118,922 per sale.

 
 

Properties For Sale in Falkirk

 
 

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 £55,649, £91,329 for a 2 bedroom house, £134,938 for a 3 bedroom house, £231,477 for a 4 bedroom house and £361,272 for a 5 bedroom house. For a flat similarly the prices varies from £52,723 for a single bedroom to £67,746 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £91,056. To sum up the asking prices for properties in Falkirk it comes to around average £53,166 for 1 bedroom property, £75,785 for 2 bedroom, £130,949 for 3 bedroom, £231,477 for 4 bedroom and £361,272 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 £500 for 2 bedroom to £601 for 3 bedroom and £780 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £356. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £435 and £475 for 3 bedroom. You should be generally be expecting around average £356 rent per month for single bedroom property, £454 for 2 bedroom, £545 for 3 bedroom and approximately £780 for 5 bedroom property in Falkirk area.

Popular Houses in Falkirk

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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