Coatbridge defies critics as house prices rise 36%
Despite being perceived as one of the worst Scottish
locations in which to reside, property prices in the
town of Coatbridge has risen by 36% within the last
year (compared to a national average of 11%), according
to the Bank of Scotland.
Jean Kelso of local estate agent, Robinson Moore, said:
"The market has slowed, but Coatbridge surges on
with five people chasing every house.
"New-builds brought people to the area and they've
been joined by their families who are very well served
with facilities and leisure amenities. Coatbridge's
dark, industrial past is just that: a thing of the past."
Biggest increases according to the Bank of Scotland:
Inverurie, Aberdeenshire 32%
Irvine, Ayrshire, and Lochgelly, Fife 31%
Glenrothes, Fife 30%
Alexandria, Dunbartonshire 29%
Leven, Fife 26%
Larkhall, Lanarkshire, and Cupar, Fife 24%
Greenock, Renfrewshire 22%
Arbroath, Angus, and Motherwell, Lanarkshire 20%
Peterhead, Aberdeenshire 18%