THE rate of house price increases in Scotland is estimated to be outstripping the UK average.
According to the Halifax House Price Index (here), the average price of a house in the UK is a record £267,587, following a year-on-year increase of 7.4 per cent (September 2020 to September 2021).
However, in Scotland, the average house price increase in Scotland, year-on-year, was 8.3 per cent, up to an average £188,525.
Meanwhile, the monthly percentage change in the UK, from August 2021 to September 2021, was 1.7 per cent – a 14-year high.
Elsewhere, in a separate announcement from Halifax (here), it is being claimed that house purchasers (in England and Wales) are prepared to pay a premium to acquire a home with high energy-efficiency standards.
Pictured: Dysart, Fife
Picture credit: Place Design Scotland