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

Since the easing of lockdown the local market has staged a fairly robust recovery, with a healthy number of transactions during the final quarter of 2020. Activity in the region in terms of both the number and value of properties changing hands has remained steady, even during what would normally be a fairly quiet period.

Many deals are still being completed at slightly below Home Report valuation, but there are instances of quick sales, closing dates and some deals at over valuation. Presentation continues to be very important and a realistic price expectation by sellers is also necessary.

In the fourth quarter of 2020, Aberdeen and Shire saw 1,592 residential dwellings transacted, a change of 28.0% compared to the third quarter of 2020 and a change of 32.8% compared to the same fourth quarter of 2019.

The quarterly house price change in Inverurie has been 4.1%, with the annual house price change in Inverurie 6.4%. The annualised house price change over five years in Inverurie has been -2.9%.

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

Viewing enquiries are steady, with a particular focus on the middle market up to £250,000, not surprising given the cut in LBTT property tax, which is place until March 2021.

All types of flats ranging from below £100,000 up to £200,000 are moving more slowly, and there are also fewer buyers for property over £400,000.

As we approach the winter months, the country is now dealing with a second wave of Covid infections, and the new lockdown restrictions could well have an impact on the market.

However, the vaccination programme is progressing well and there is some hope that we will begin to see restrictions ease over the next few weeks which could create a very busy Spring market.

Lettings update

The rental market in Inverurie has enjoyed a fairly strong fourth quarter of the year, with robust activity across most property types.

Following the easing of the initial lockdown there was clearly a degree of pent up demand with many tenants beginning a serious property search.

What were quite high levels of stock have begun to level off but we are still seeing healthy levels of demand and we are actively looking for new and landlords to increase the stock available.

One bedroom flats are priced around £500 per month, as are 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 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.

We are yet to see the full impact COVID-19 and Brexit will have on the lettings market and this will become clearer once furlough ends. However, the vaccination programme is going well and hopefully we may see some easing of restrictions nearer Easter.

In previous years of financial difficulties we have found that the lettings sector has excelled with those who are not prepared or not in a position to commit to buying a property looking to rent instead.

If you are looking to become a landlord this could be a good time to explore the market.

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.