Inverurie Estate Agents

Meet the team

We are proud to offer clients the support of some of Aberdeenshire’s most experienced property professionals from our estate agency and lettings office in Inverurie. We also offer our full range of legal and independent financial services from the site.

Sale market

Following a strong first six months, the Inverurie market continued with a very healthy level of activity in the third quarter of the year.

Activity in the region in terms of both the number and value of properties changing hands has been rising and the indications are that the optimism which has been returning is now having a real effect on the economy.

The latest sales figures show that across both Aberdeen and Shire the value of property sold for the first six months of the year hit £715,000,000, a rise of 2.6% year on year, with Aberdeenshire alone increasing by over £20,000,000.

Average prices in the city have been a laggard of sorts compared to Scotland’s other biggest cities but the second three months of 2019 has seen the first rise in house prices since the end of 2017.

In contrast to the rise in prices in Aberdeen, the number and value of properties sold has declined, much of which is supported with signs that buyers are now tending to look for more affordable houses outside of the city, including in the local market. Historically, first time buyers would be searching for flats in and around the city but the number of properties changing hands in Aberdeenshire has seen a marked increase, up 9.9%.

With positive figures in terms of sale values and volumes filtering through in the last few quarters, Aberdeen has enjoyed a 1.7% uplift in prices to £202,011, and at the same time prices in the Shire have risen only marginally at 0.3% to £211,149.

We have certainly seen an uplift in the number of valuations, which is growing daily, and sellers of all types of property are looking for advice on the current state of the market.

Viewing enquiries are increasing, with a particular focus on the middle market, and there is a sense that buyers will be keen to enter the market during the Autumn period.

All types of flats ranging from below £100,000 up to £200,000 are moving more slowly, but there are also fewer buyers for property over £300,000.

Brexit is currently front and centre and whilst it’s difficult to make predictions with any certainty, the local market should benefit from the feel good factor in the energy sector, particularly with prices at their lowest levels for some years.

Lettings update

The rental market in Inverurie has enjoyed a fairly strong first half of the year, with activity more than steady.

There is evidence that demand for property is growing in Aberdeen, with the latest figures showing that TTL in the city has fallen four days to 45, and it appears this could be having a positive knock on effect in the local markets and wider Aberdeenshire. The return of a feel good factor in the energy sector is of course a factor here, and activity throughout the remainder of 2019 should hopefully continue at a healthy level.

Despite rising demand, properties still need to be well presented, and in good repairable and clean condition to appeal at the viewing stage to attract initial interest.

One bedroom flats are priced around £500 per month and large detached villas often in excess of £1000 per month, and for these properties the market remains varied and active. There is always particular demand for property priced between £450 and £850 per month.

Despite the uncertainty that Brexit brings, this is to some degree being balanced by the economic good news around oil and gas, and we would anticipate further demand for rental property as we move through the autumn and winter months.

Living in

Inverurie

Inverurie is a prosperous Aberdeenshire town situated in the valley of River Don. Founded by David of Huntingdon, Earl of Garioch and great-great-grandfather of Robert the Bruce, it is locally known as the Capital of the Garioch. Inverurie is within a ten mile distance from the imposing hill of Bennachie and boasts many beautiful walking routes nearby. The town centre is triangular and dominated by the grand Town Hall built in 1862.

In the middle of ‘the square’ as it is known locally, is the Inverurie and District War Memorial, capped by a lone Gordon Highlander looking out over the town. Inverurie is an expanding and prosperous town with excellent road and rail links to the north and south including Aberdeen, Dyce, Huntly and Elgin.

There are several local primary schools and Inverurie Academy provides secondary education for older pupils. The town has an excellent health centre, a cottage hospital, several large supermarkets, a swimming pool and community centre. There are many options for leisure activities including golf, tennis and hill walking.

Insch

Insch is a small village in Garioch, Aberdeenshire. The village has a selection of general and specialist shops, a post office, nursery, primary school and older pupils usually attend the Gordons School at Huntly or Inverurie Academy. There is a Church of Scotland and a Scottish Episcopal church and a hotel in the centre of the village. The village also offers a health centre, fire station, community centre and children's play park.

There is a golf club situated on the slopes of Dunnideer, and the new clubhouse was officially opened in June 2004 by Paul Lawrie, a local Scottish golf hero and past British Open Champion. The village is served by Insch railway station and has regular bus services to Huntly and Inverurie, with connections to Aberdeen and Inverness.

Kintore

Kintore is a small town and former royal burgh near Inverurie. It is situated between Aberdeen and Inverness on the banks of the River Don, and is bypassed by the A96 road. The name Kintore comes from the Gaelic, Ceann Tòrr. Ceann means the head, or the end, and Tòrr means a round hill, so the name signifies that the town was at the head or end of a round hill. This probably refers to Tuach Hill to the south of the town. Kintore’s population has been rapidly growing and it was named the fastest growing town in Scotland, with further development planned.

Kintore is strategically located just nine miles from Aberdeen International Airport and is the base for businesses in oil and gas support services, electronics, aviation and food and drink. There is a wide range of local amenities including shops, a post office, library and a hotel. The village also enjoys a stunning golf course with an attached clubhouse. There is an excellent primary school and secondary education is catered for nearby at Kemnay or Inverurie.

Oldmeldrum

Oldmeldrum (commonly known as Meldrum) is a village and parish in the Formartine area of Aberdeenshire, not far from Inverurie in the North East. With a population of around 2,000, Oldmeldrum falls within Scotland's top 300 centres of population. The main industries are engineering services connected to the oil industry in Aberdeen and agriculture. Oldmeldrum has good connection routes with the A947 road from Aberdeen to Banff running through the centre of the village.

To the north of the village is Meldrum House, a mansion and castle built in the 13th century, which now serves as a hotel and golf course. Haddo House, a stately home run by the National Trust for Scotland, is seven miles north-east of Oldmeldrum and there are good views of the nearby Bennachie. There is a primary school in the village with secondary education available at Meldrum Academy. The village is home to one of the oldest whisky distilleries in Scotland, Glen Garioch, which was built in 1797. The visitor centre is open year-round and includes tours of the working distillery.