RE/MAX Sales & Lettings

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According to the latest data and analysis, house prices in the three months to August were 2.6% higher than in the same three months a year earlier.

House prices rose by 1.1% between July and August, following a 0.7% increase in July.

 

 

Source: http://www.propertyreporter.co.uk

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The latest data and analysis has revealed that UK house prices rose 1.1% month-on-month in June, reversing the previous three months’ falls.

Annual house price growth has risen to 3.1% and the gap in house price growth between the strongest and weakest performing regions in Q2 is now the smallest on record.

(Source: Property Reporter – June 2017)

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The latest publication of the monthly UK House Price Index (UK HPI) shows that the average price of a property in Scotland in April 2017 was £145,734 – an increase of 6.8 per cent on April in the previous year and an increase of 5.4 per cent when compared to the previous month.   This compares to a UK average of £220,094 which was an increase of 5.6 per cent compared to April in the previous year and an increase of 1.6 per cent when compared to the previous month.

 

The biggest price increase when comparing April 2017 with April 2016 was in East Dunbartonshire where the average price increased by 11.2 per cent to £202,466.  

 

Across Scotland, all property types showed an increase in average price in April 2017 when compared with the same month in the previous year.   Detached properties showed the biggest increase, rising by 8.0 per cent to £252,492.

 

Source: Registers of Scotland