What is the average price of a house in Glasgow?

Set on the banks of the River Clyde, Glasgow is a storied port city that flourished as a trade and shipbuilding hub in the Victorian period. It boasts the largest economy in Scotland and is the country’s most populous city, with major cultural institutions, world-renowned universities and company headquarters calling the city “home”.

If you’re considering moving to Glasgow, the cost of purchasing a home may be at the front of your mind. In this article, discover what you can expect to pay in the city for a flat, a terraced property or a detached home, as well as the most expensive and cheapest suburbs to look at. Those looking to rent will find plenty of options online at rentola.co.uk, which lists studios, flats and homes available across the city. With the help of simple search filters, you can browse properties based on location, type, number of bedrooms and price to find something suitable. Renting before purchasing allows you to get a feel for different Glasgow neighbourhoods and what they offer.  

Average house prices in Glasgow in 2023

In 2023, the average house price in Glasgow was around £205,000, which is 9% down from the 2006 peak but 2.7% up on the previous year. But this figure only tells part of the story, with the average price of a one-bedroom property around £107,000 and a two-bedroom roughly £170,500. For a three-bedroom place, expect to pay around £240,000 at the current time while a four-bedroom will set buyers back £378,500. 

House prices in Glasgow also vary depending on the type of property being purchased. As can be expected, flats are the cheapest at around £167,500 while terraced homes currently fetch just over £206,000. The average price of a semi-detached home in the city is roughly £231,00 and a detached home is considerably more at £402,700. Interestingly, most of the homes sold over the last 12 months have been flats, with detached properties coming in second. 

Most expensive suburbs in Glasgow

Among the most expensive suburbs to live in Glasgow is Kelvinside, which lies alongside the beautiful Glasgow Botanic Gardens and the River Kelvin. Here, homeowners can expect to pay around £400,000 for a home while being around 10 minutes’ drive from the city centre. Prices are similar in Dowanhill and Jordanhill, which lie slightly further west and offer easy access to Scotstoun Stadium and Victoria Park. 

Properties around Maxwell Park are slightly cheaper at around £325,000, with the drive into the centre of Glasgow roughly 10 minutes. Maxwell Park lies on the opposite bank of the River Clyde and is just a stone’s throw from the extensive woodlands of Pollok Country Park. Property prices are similar around the University of Glasgow and Kelvingrove Park, renowned for its magnificent art gallery and museum. The surrounding streets are home to an abundance of globally-inspired eateries, as well as the West Glasgow Ambulatory Care Hospital. 

Just to the north of Kelvingrove are Partickhill and Hyndland where you can expect to pay around £297,000 for a home. On the other side of Kelvingrove Park is Woodlands where property prices are similar, although the commute into central Glasgow is slightly shorter. On the northeastern outskirts of Glasgow are the suburbs of Robroyston and Millerston where current property prices sit at around £281,500. Surrounded by parklands and woodlands, these leafy suburbs offer larger properties and easy access to the Seven Lochs Wetland Park. 

Cheapest suburbs in Glasgow

At the cheaper end of the spectrum are Drumchapel South and Drumchapel North where property prices are around £80,000. Affectionately known as “The Drum”, this area was established as a housing estate in the 1950s in the wake of World War II and is around 15 to 20 minutes’ drive from the city centre. 

Also relatively affordable is Tollcross on the other side of Glasgow where buyers can purchase a home for around the same price. Tollcross is particularly famed for its 19th-century park where international rose trials take place. Neighbouring Shettleston is similarly priced, with the average property costing around £86,000 in 2023. 

Slightly cheaper is Crookston in Glasgow’s southwest where property prices are around £85,500. Nestled alongside the White Cart Water, this popular residential area is known for its 17th-century castle ruins. On the doorstep of one of Scotland’s most famous football grounds, Celtic Park, are the suburbs of Parkhead and Braidfauld where a property will set you back around £87,000. Properties in Springburn and around the Cowlairs Industrial Estate are also relatively cheap at £90,000. 

Finding a suitable suburb 

As you can see, some Glasgow suburbs are around four times more expensive than others when it comes to housing prices, putting them well out of some people’s budgets. Settling on the right suburb is about understanding your financial limits and what the neighbourhood has to offer, as well as its proximity to work, education and recreational activities.