Gretna

Area Guide For Gretna

Gretna (Scottish Gaelic: Greatna) is a town in Dumfries and Galloway, Scotland. Since they are close to the Somewhat English Scottish outskirt, close-by Gretna Green and to a lesser degree Gretna, are truly connected to weddings in light of the more liberal marriage laws in Scotland. "Gretna" has turned into a term for a spot for speedy, simple relational unions. Gretna means "(place at the) gravelly slope", from Early English greot "coarseness" (in the dative structure greoten (which is the place the -n originates from)" and hoh "slope goad". The name is comparable to current Gravelly Slope. The Lochmaben Stone is a stone monument remaining in a field, about a mile west of the Sark mouth on the Solway Firth, three hundred yards or thereabouts above high water stamp on the homestead of Old Graitney. It was one of the customarily perceived gathering places on the Britain/ Scotland outskirt. Preceding the Demonstrations of Union 1707 of the Parliaments of Britain and Scotland, Gretna was a traditions post for gathering assessments on dairy cattle crossing the outskirt between the two nations. The Gretna traditions post was made in 1612. A Drove street was developed in the middle of Gretna and Annan in 1619, potentially to encourage the transportation of steers from Wigtownshire,

 
 

Gretna Map

Estimated Price: £147,015
Average Asking Price: £188,498
Price change in last one year: £7,182
Average Price Paid: £116,001
Average Rent Rates: --

 
 

Property Prices Breakdown in Gretna

Average Price for property in Gretna is around £147,015 which varies based on type of property you are interested in and ranges from £219,450 for detached house to around £136,239 for semi-detached. Similarly terraced house is around £94,814 and a flat is worth £178,068. Values have been changing and have risen £1,297 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,732 in last 6 months, £7,182 in last 1 year, £12,314 in last 2 years, £5,574 in last 3 years, £11,312 in last 4 years and £7,351 in last 5 years.

Currently average asking price of a property in Gretna is around £188,498 based on approximately 39 properties for sale.

Estimated property value in Gretna is £147,015. Average asking price is £188,498 while average price paid is £127,119 which is up by £7,182.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 Gretna area. In last 1 year alone average price buyer paid is around £127,119 based on approximately 39 sales in Gretna area alone. If you compare it to last 3 years sales of 121 properties where buyers paid around £116,298. 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 £116,001 for 189 and average amount paid for purchase of approx. 291 properties sold in last 7 years comes to about £125,652 per sale.

 
 

Properties For Sale in Gretna

 
 

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 £105,180, £176,206 for a 3 bedroom house and £225,920 for a 4 bedroom house. For a flat similarly the prices varies from £48,000 for a single bedroom to £110,000 for a 4 bedroom Flat. To sum up the asking prices for properties in Gretna it comes to around average £48,000 for 1 bedroom property, £105,180 for 2 bedroom, £176,206 for 3 bedroom and £218,675 for 4 bedroom.

Popular Houses in Gretna

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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