House prices, Scotland, June 2022

THE average price of a house in Scotland during the month of June was £192,249 – some 11.6 per cent up on the same month last year.

Says the Registers of Scotland (RoS), £192,249 represents a 2.2 per cent increase on the previous month, May 2022.

The RoS adds that UK average house price was £286,397, which was an increase of 7.8 per cent on June last year and an increase of one per cent on the previous month.

Says RoS, here: “The volume of residential sales in Scotland in April 2022 was 8,482, an increase of 21.1 per cent on the original provisional estimate for April 2021.

“This compares with decreases of 1.9 per cent in England and an increase of 9.6 per cent in Wales to April 2022, whilst sales volumes decreased by 19.3 per cent in Northern Ireland when analysing Quarter one – 2022 relative to the same quarter in the previous year.”

It goes on to say: “In Scotland, detached properties showed the biggest increase out of all property types, rising by 17.2 per cent in the year to June 2022 to £353,025. Flatted properties showed the smallest increase, rising by 7.4 per cent in the year to June 2022 to £130,111.

“Average price increases were recorded in 32 local authorities, when comparing prices with the previous year. The largest increase was in East Ayrshire where the average price increased by 22.4 per cent to £125,911. The smallest increase was recorded in City of Aberdeen, where the average price increased by 2.1 per cent to £147,182.”

Pictured: Fettes Row, Edinburgh, Picture credit: Place Design Scotland

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