House prices, Scotland, August

THE average price of a house in Scotland during the month of August was £195,391 – some 9.7 per cent up on the same month last year.

Says the Registers of Scotland (RoS), £195,391 represents a 0.2 per cent increase on the previous month, July 2022.

The UK average house price was £295,903, which was an increase of 13.6 per cent on August 2021 and an increase of 0.9 per cent on the previous month.

Says a RoS announcement, here: “In Scotland, detached properties showed the biggest increase out of all property types, rising by 12.3 per cent in the year to August 2022 to £349,010. Flatted properties showed the smallest increase, rising by 6.7 per cent in the year to August 2022 to £133,666.

“Average price increases were recorded in all 32 local authorities, when comparing prices with the previous year. The largest increase was in Argyll and Bute where the average price increased by 25.5 per cent to £199,940. The smallest increase was recorded in… Aberdeen, where the average price increased by 0.7 per cent to £149,861.”

Pictured: Dean Village, Edinburgh, Picture credit: Place Design Scotland