House prices, Scotland, September 2022

THE average price of a house in Scotland during the month of September was £191,941 – some 7.3 per cent up on the same month last year.

Says the Registers of Scotland (RoS), £191,941 represents a 0.9 per cent decrease on the previous month, August 2022.

The RoS adds that UK average house price was £294,559, which was an increase of 9.5 per cent on September 2021 and no change on the previous month.

Says RoS, here: “The volume of residential sales in Scotland in July 2022 was 9,349, a decrease of 12.4 per cent on the original provisional estimate for July 2021.”

It adds: “In Scotland, detached properties showed the biggest increase out of all property types, rising by 9.8 per cent in the year to September 2022 to £346,385. Flatted properties showed the smallest increase, rising by 4.4 per cent in the year to September 2022 to £130,146.

“Average price increases were recorded in 31 out of 32 local authority areas, when comparing prices with the previous year. The largest increase was in Argyll and Bute where the average price increased by 25.0 per cent to £206,735. The only decrease was recorded in City of Aberdeen, where the average price decreased by 2.4 per cent to £145,153.”

Picture credit: Place Design Scotland