Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to the newest version of your browser.

Your browser appears to have cookies disabled. For the best experience of Construction News, please enable cookies in your browser.

Welcome to the Construction News site. As we have relaunched, you will have to sign in once now and agree for us to use cookies, so you won't need to log in each time you visit our site.
Learn more

Scotland house prices on the rise

The average value of homes in Scotland is rising, figures have revealed.

The Registers of Scotland said that while sales were down 50 per cent from three years ago, an increased price was being paid.

Homes are selling at an average of £163,360, 5.8 per cent higher than in the same period last year.

Head of commercial services Kenny Crawford said detached and semi-detached properties recorded the highest increases in price.

Of Scotland’s 32 local authority areas, 28 saw a rise in the average cost of a home, while East Ayrshire, Comhairle nan Eilean Siar, Moray and Perth and Kinross saw a decline.

In Edinburgh, prices were up 9.9 per cent on the same period last year, with buyers paying an average of £228,697 - the highest in Scotland. The lowest price - £93,769 - was recorded in the Western Isles.

Inverclyde saw the biggest price rise of 24 per cent, taking the average cost to £138,825.