House-buyers in Edinburgh have paid an average £40,000 more for their homes in the past year, Lindsays has found. The firm has shared the year-on-year value rise in the properties it sold as its experts predict a busy start to the market in 2022.
Average house prices in Scotland have increased by close to £25,000 (13.2 per cent) over the last 12 months – the highest rate of all four UK nations. The latest monthly house price index for Scotland from Walker Fraser Steele, Chartered Surveyors also shows:
The average price of a property in Scotland has increased by 6.3 per cent in 12 months to reach £161,401 in April 2021 but has fallen by 4.1 per cent compared to the previous month, according to the latest provisional statistics from the UK House Price Index. The UK average house price was &po
Between December 2020 and February 2021, the average property selling price in Dumfries and Galloway was £177,319, a 14.9 per cent increase on the same period last year, ESPC reports. Properties in Kirkcudbright boasted an average property selling price of £207,967, while those in the to
Agents report strong buyer demand for homes in Scotland despite the second lockdown ESPC agents across the southern half of Scotland are reporting significant buyer demand and enquiries for homes, despite the current lockdown restrictions.
In the fourth quarter of 2020, the average property selling price in Edinburgh, the Lothians, Fife and the Borders was £269,542, up 8.1 per cent compared to last year, according to the latest data released by ESPC.
There are early signs that the Edinburgh property market is starting to slow down following the post-lockdown boom, making it more attractive for house hunters and first-time buyers, according to a city estate agency. Haymarket-based Purdie & Co Solicitors and Estate Agents reports that some pro
Demand remained strong in Scotland’s housing market last month, according to the October 2020 RICS Residential Market Survey. However, key indicators began to ease back from their high levels in September, and sales expectations are muted.
Sales of £1 million-plus homes have surged across the UK, with two-thirds more deals agreed in the past four months than in the same period last year. Scotland, where the top of the market is now on an upward trajectory, is playing catch up reflecting the late post lockdown re-opening of the m
The Scottish housing market is set to open today as the country enters phase two of the Scottish government’s route map out of the coronavirus crisis. Cameron Ewer, head of Savills Residential in Scotland said it was important to note that "sales activity hasn’t stood still during lockdo
New guidance has been issued which aims to ensure that moving home in Scotland can happen safely during the coronavirus outbreak. Having announced on June 18 that restrictions on housing moves will be relaxed from June 29, the Scottish government has now published more detailed guidance on how
ESPC noted the highest number of viewing requests seen in a single day so far in 2020 after First Minister Nicola Sturgeon confirmed on 18 June that the restrictions on house moves would be relaxed on 29 June. From this date, activities such as in-person property viewings and house moves m
RICS has called on the Scottish government for clarity on when the house buying and selling process can restart as it suggested house prices will be four per cent lower when the market reopens. The surveyors' body said it could take 11 months for prices to recover and said the Scottish government sh