House prices in Scotland, September 2021

THE average price of a house sold in Scotland during the month of September this year was £180,334, an increase of 12.3 per cent on 12 months previously.

And at £180,334, the average price was down on the month before – August this year – by 0.4 per cent.

According to the Registers of Scotland (here): “The volume of residential sales in Scotland in July 2021 was 10,667, an increase of 114.1 per cent on the original provisional estimate for July 2020.

“This compares with decreases of 69.1 per cent in England and 51.6 per cent in Wales to July 2021, whilst sales volumes increased 62.6 per cent in Northern Ireland analysing Quarter 3 – 2021 relative to the same quarter in the previous year.”

It adds: “In Scotland, detached properties showed the largest increase in average house price, rising by 16.5 per cent in the year to September 2021 to £320,374. Flatted properties showed the smallest increase, rising by nine per cent in the year to September 2021 to £125,244.

“Average price increases were recorded in 30 local authorities, when comparing prices with the previous year. The largest increase was in Inverclyde where the average price increased by 26.1 per cent to £121,655. The smallest increase was recorded in Angus, where the average price increased by nine per cent to £163,578.”

Pictured: Glasgow, Picture credit: Place Design Scotland

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