House Price Index Reveals Steady Rise Across the UK
The latest UK House Price Index (UK HPI) has revealed an average annual property price increase of 8.4% in August, taking the average property value in the UK to £218,964. On a month by month basis, average house prices rose by 1.3% since July. Looking more closely at the position in Scotland, the figures show […]
Speculation over Impact of Brexit on Scottish Property Market
Solicitors Property Centres Scotland has recently published some initial thoughts on what impact the Brexit decision might have on the property market in Scotland. According to SPC Scotland, the Scottish property market is generally very resilient and to date there have apparently been no reports from solicitor estate agents about sales falling through because the […]
RoS Provides Insight into Scottish Housing Market
A new report from Registers of Scotland (RoS) has revealed that the total value of the residential sales market in Scotland from 2006 to 2016 amounted to just over £148.2 billion. The 10-year property market report gives an interesting insight into trends in the land and property market over the decade’s peak years, and in […]
ESPC Publishes Review of 2015
ESPC has recently published its review of 2015, which looks back at the property market in east central Scotland over the last year. According to ESPC, 2015 proved to be more buoyant than previous years since the 2008 crash, despite experiencing uncertainties due to the effects of the different Government changes taking place. The average […]
Edinburgh is Home to Scotland’s Most Expensive Streets
The majority of expensive streets in Scotland are to be found in Edinburgh, according to research from Bank of Scotland. The capital city is home to 13 of Scotland’s top 20 most expensive streets, with Aberdeen accounting for four of these prestigious locations and Glasgow two. Mar Hall Avenue in Bishopton, Renfrewshire is the only […]
East Central Scotland Remains a Sellers’ Market
The latest House Price Report from ESPC has revealed an annual increase of 11.1% in the number of houses sold in East Central Scotland in the three months from July and September this year. At the same time there has been a 2.4% fall in the number of new homes entering the market, and as […]
Edinburgh is Becoming a Seller’s Market
The property market in Edinburgh and the rest of East Central Scotland is becoming more of a seller’s market, according to the ESPC, with a fall in the number of new homes being put on the market. ESPC figures show that between the months of March and May this year there has been a fall […]
Scotland’s Seaside Towns See Increased Property Prices
Some of Scotland’s seaside towns have seen property prices double since 2005, according to research from Bank of Scotland. Fraserburgh once again has experienced the biggest rise, with a 109% increase from an average price of £63,540 in 2005 to £132,920 in 2014. Lerwick (102%) and Peterhead (102%) have also doubled their house prices since […]
Sharp Rise in Cash House Sales over £500,000
There has been a sharp rise in the number of cash sales of houses worth over half a million pounds, with numbers increasing by 19.6% in 2014 according to figures from Registers of Scotland (RoS). RoS defines a cash sale as an application for registration of a market value transfer of a residential property which […]
Edinburgh’s Property Market Remains Buoyant
The latest house price report from the ESPC has revealed a 4% increase in the number of homes sold in Edinburgh, the Lothians and Fife in the last quarter of 2014, compared to the same period in 2013. There was also a rise in the number of new homes coming onto the market, with a […]