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Glasgow Property Market

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Sell My House Quickly found another interesting article about properties in Glasgow. Glasgow property market shown as being ‘utterly fried’ in viral tweet. The tweet shows how the sale price of one home in Newlands increased by 869% between 2003 and 2020.

Glasgow Property MarketAnyone who has dipped into or tried to dip into the property market in Glasgow in recent years is well aware of just how cash-syphoning the waters truly are.

Back in January, we reported how the average asking price for a house in the city had soared by over £12,000 in a year, from £153,000 at the start of 2020 to over £165,000.

Meanwhile Glasgow was named in the top five most searched-for places to live in the UK – for the second year in a row – back in March.

Now a tweet summing up just how much house prices in the southside of the city have risen in recent years has gone viral, one that helps illustrate just how much the area – and Glasgow’s – property market has changed.

The tweet reads: “Glasgow’s housing market is utterly fried lol”.

It shows a 540% increase in the sale price of a flat on Tantallon Road in Battlefield from 2005 (£25,000) to 2021 (£160,000) and an even greater increase of 869% in the sale price of a house on Monreith Road in Newlands from 2003 (£55,000) to 2020 (£478,478).

Since being shared on Tuesday, it has been liked over 4,500 times and retweeted over 300 times.

We asked Glasgow property expert Craig Jamieson, who has worked industry for more than 20 years with GSPC and now Pacitti Jones, for his take on the tweet, which he said is one that reflects “the general feeling across many prospective purchasers”.

He said: “I think they are two relatively extreme examples of the growth within the market over that period.

We found this article about Glasgow property market shown as being ‘utterly fried’ in viral tweet on Glasgow Live. Kindly click the link to read the full story.

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