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Original poster

Clarkston housing market

21 replies

Gava · 28/04/2026 20:35

We currently have for sale a detached house in Clarkston. For many years now it’s known that houses go for around 15-20% above the home report value and often more. We put it on the market early last month.

We have had a few offers and we even went to closing after a few notes of interest. All offers were between 5-8% above home report.

We didn’t accept the highest offer at closing. We did go back and say we would accept 10% over but they wouldn’t go up to that. We thought we were being extremely fair at 10% over. We received yet another offer now which was the same as the previous highest offer we had before 8% above.

Estate agent is telling us this is now a decent offer. He said there aren’t as many buyers just now due to war and fluctuations in interest rates and banks are pulling or changing mortgage offers. We were told just a couple of months ago to expect 20% above home report. It’s nearly £60k difference from what we were expecting. Even if we get 10% above that’s still almost 50k drop.

So my question is, is my estate agent just telling me this to get me to sell or is the market slower just now and we should be expecting a lot less above home report than usual. I know a house is only worth what someone is willing to pay, so I don’t want to just keep refusing offers thinking I can get more.

OP posts:
Mammut · 28/04/2026 21:43

I’m not sure about detached houses but there doesn’t seem to be a lot on the market in the wider Southside atm. The flat market is still very strong, a lot of competition and going for 30% over. Is it a very expensive house?

JacknDiane · 28/04/2026 22:10

Thd price you are selling for is important here. If flats are more popular, maybe people just have less money now?

Original poster
Gava · 28/04/2026 22:54

Yes 20% above takes it closer to 600k. Neighbouring houses usually sell very quickly for a similar size house. Even looking at sold prices on right move from last 6 months, some of the houses that have sold for more than our best offer and aren’t in great condition. In need of a full renovation. Ours has a modern kitchen and bathrooms so it’s just baffling me.

Yes estate agent is now quick to remind me that buyers have stamp duty to pay on top. I get he might be right. We will also have to pay it when we buy another house too though.

OP posts:
Mum5net · 28/04/2026 23:31

Did you get valuations by other EAs? Did they say same ?

Fluffordirt · 29/04/2026 06:40

The valuation is supposed to be the value of the house though. It’s also what the mortgage company will take as the value so the buyer will need a deposit as part of the value. Then on top of that they’ll need in cash anything they offer over and the stamp duty. I think you’re being unrealistic in expecting more.

My aunt it’s trying to sell a quite basic car and there is zero market for it whatsoever even priced 25% below its ‘value’. The war in Iran is apparently putting people off making big purchases garages tell her.

FunnyOrca · 29/04/2026 07:20

It is absolutely the uncertainty around. We are looking at moving and have had to put off. One day we were offered a mortgage we expected, the next day we were being offered almost 40% less by the same bank. It has improved from that, but we are still going to wait.

A home similar to ours but with an extra bedroom, is on the market for what we want for ours so I doubt we will get what we want right now. That place also isn’t moving, which is very unusual as, like your area, things around us often go 15-20% over and are gone in a week or two.

Largasoss · 29/04/2026 07:43

I’d agree with PP it will be to do with the uncertainty around at the moment. You can’t compare things to even a couple of months ago!
Uncertainty over getting mortgages, mortgage affordability and uncertainty over job security will all be hitting the housing market this spring

Nightscroller1 · 29/04/2026 07:51

We stay in Jordanhill so similar to Clarkston vibes - potentially worse due to schools. We bought 3 years ago and paid only 4% over HR which is unheard of. Even now if we tell people they can’t believe it.

Our house in our opinion was valued too high so it meant people who could afford to pay the 20% over wanted nicer and people who couldn’t thought the house was out of their reach. Is it at a correct price point re the advertisement? Also I don’t think what your estate agent is saying is correct - it sounds like excuses and if someone wanted your house they’d pay it even with LBTT.

Also if it’s been on long then people start to question why and it can put people off.

We viewed another house prior to this one, it went 98k over HR and was not worth it… it had been up for sale previously and didn’t sell but they then took it off for 6 months maybe gave it a wee freshen up etc (who knows) then it went 26% over HR. Can you do that?

Also would help seeing pics/advertisement but realise you may not want to do that due to privacy.

the market is still imo crazy our friend just sold but in Rutherglen and wanted 426 which included a chunk above HR and got round about 500k…

JacknDiane · 29/04/2026 13:04

What estate agent are you with @Gava?

Ive heard corum are very good (we are in Milngavie)

doyouknowthemuffinman017 · 30/04/2026 21:08

I’m keen to know who told you 15-20% above HR. We’ve had EA out over the last month as looking to put our East Ren home on the market and we expected 10% over HR max.

ElliePhant28 · 30/04/2026 21:57

I suppose it depends what your plans are and how desperate you are for the money. Have you seen somewhere you’d like to move to and do you expect to pay 20% over?

I personally think anything above the valuation is a bonus. If you are downsizing, you’ve probably had the house for years and made a good profit. I’d give a younger family a chance, if you have a place in mind.

doyouknowthemuffinman017 · 01/05/2026 12:08

I’d love to know your house. Desperate for a detached in Clarkson!

tetleyhead · 01/05/2026 19:56

Is yours the house for sale that’s over £1m? A friend mentioned that one to me recently. If so I’m not sure that’s not in a separate bracket.

HettyMeg · 02/05/2026 22:24

You've had numerous offers at 5-8% over, that is your answer re the market.

The house is worth what it is worth, and the % over is just to secure the sale, it is nothing to do with the value.

ChilledProsecco · 04/05/2026 19:23

I hate to say this, but estate agents are just sales people & will tell you what you want to hear.

A home is worth what someone will pay for it.

snoopyfanaccountant · 06/05/2026 16:49

tetleyhead · 01/05/2026 19:56

Is yours the house for sale that’s over £1m? A friend mentioned that one to me recently. If so I’m not sure that’s not in a separate bracket.

I know the house you are talking about and I know who owns it. OP is trying to sell a different house.

JacknDiane · 06/05/2026 20:30

I cant imagine a home in clarkston over a million? Isn't it in Newton Mearns?

tetleyhead · 06/05/2026 21:38

snoopyfanaccountant · 06/05/2026 16:49

I know the house you are talking about and I know who owns it. OP is trying to sell a different house.

Show quote history

I’m an idiot. If I had read the OP’s follow up posts properly I would have noticed that!

Colette · 08/05/2026 12:08

How long has it been on the market?

Colette · 08/05/2026 12:31

Sorry reread and realised it was early last month.
If you haven’t found anything yourself yet, I would get quotes from another estate agent. Countrywide were good when we were selling

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