Property News
Latest news on what is happening in Scotland's residential property market and Onesurvey
The average price of a semi-detached property in Scotland has risen by over £41,639 in the last five years, equivalent to £694 per month, the Bank of Scotland has found.
Properties in Scotland are selling for £10,000 more than the average asking price
Property specialist Rettie & Co is predicting a positive 2018 for the residential property sector in Scotland.
HOUSE prices in Scotland rose 2.6 per cent last year as the cost of the average property nudged towards £150,000.
It showed the average price of a property in Scotland in October was £143,544 – an increase of 2.8% on October 2016.
PETROLHEADS have given a big boost to the property market in the far north of Scotland after taking on the country’s answer to Route 66. The North Coast 500 has been described as one of the best driving routes in the world since it opened in April 2015.
HOUSE prices have continued to rise in Scotland, with the latest figures showing a 3.4 per cent increase in the value of property compared to last year.
The property price recovery in Scotland is continuing with the latest index showing values increased by 3% or £4,932 in July compared to the same month last year.
Scottish house prices have defied a 0.4% monthly drop to maintain a 4% annual growth rate in June - the largest seen since May 2015.
Prices climbed 8.2% in the year to April, taking the average UK property value to £209,054, according to the new UK House Price Index.
More people are buying their homes outright with numbers of sales registered with a mortgage down by more than a third in a decade.
The latest research from Halifax has found that, on average, British seaside towns have enjoyed a 32% house price rise over the past decade, rising from from £166,565 in 2006 to £219,386 in 2016 - equivalent to an average increase of £440 per month.
