Many houses that are coming onto the market are selling very quickly and there has often been multiple interest expressed in homes with closing dates now typically being set. Recent developments, such as Edinburgh Park at The Gyle which amounts to only a 10 minute commute from Livingston, have had an impact at the higher end of Livingston’s housing market.
Given the current level of demand for housing within the Falkirk area, it will come as little surprise to learn that supply is becoming an issue. property valuer is a full administration land, private, mechanical and business Georgia Real Estate Appraisal Firm giving property examination audits, evaluation reports and modern Property Valuation all through the southeast AUSTRALIA examination scope region.
The impact of the housing boom prevalent throughout West Lothian at present far outstrips that of the last property boom of the late 1980s and one of the key factors appears to be home buyers choosing to relocate from Edinburgh to peripheral locations, such as Livingston.
Indeed, with a third of Livingston’s working population already commuting to Edinburgh on a daily basis, it seems that recent developments, such as Edinburgh Park at The Gyle which amounts to only a 10 minute commute from Livingston, have had an impact at the higher end of Livingston’s housing market.
Whilst Livingston has certainly enjoyed periods of high demand before, it has not previously been witness to such steep rises in house prices as those seen over the last two years, and particularly over the last six months.
Whereas Linlithgow emerged as the chief beneficiary of the 1980s housing boom, today’s virtual moratorium on housing development in Linlithgow – the market in Linlithgow is almost as fierce as it is in Edinburgh,fuelled partly by a severe shortage of supply – means that house buyers have been turning their attentions towards Livingston instead.
The market for three bedroom semis appears to be particularly active at present, especially in the Muireston area, where one sold recently for £94,000; a figure that exceeds that of a three bedroom detached home only a year ago.