Renfrewshire is on the move once again
Latest figures show an increase in house sales in last year
26.10.2018 Paisley is witnessing a sales boom in the number of houses changing hands, property bosses have revealed.
The latest data from Registers of Scotland ( ROS) show Renfrewshire recorded 471 house sales in June, compared to only 421 in June of the previous year.
The volume of sales is equivalent to a 12.1 per cent increase on June 2017, and show the area marked the second highest number of house sales in Scotland.
Register bosses said it takes up to two months for a sale to be registered, so data published reflects the latest available records.
Registers of Scotland Business Development and Information director Kenny Crawford said: “Average prices in Scotland continued their upward trend in June with an increase of 4.1 per cent when compared to August 2017.
“Average prices have been increasing each month since March 2016, when compared with the same month of the previous year.”
Meanwhile, punters in Paisley continue to be as safe as houses with prices rising by around £4,500 in the last year.
The average price tag on a property in Renfrewshire has risen to £126,072 by the end of August 2018, up from £121,593 in the same month of last year.
The data released by ROS show Buddies trousered a 3.7 per cent increase, worth a £4,479 to each family.
Renfrewshire folk are almost keeping pace with the national price increase of 4.1 per cent, which takes in the average of all 32 Scots local authorities.
Stats also show East Renfrewshire witnessed a 4.1 per cent increase in house prices, with the average home valued at £227,949, up from £218,988.
Glasgow saw a 8.9 per cent bump, with property prices rising to £136,353 from £125,249.
However, homeowners living in Inverclyde witnessed a big average price rise to £ 112,550 from £102,462, an increase of 9.8 per cent.
The area also recorded the highest rise in house sales, with 160 properties changing hands in June 2018, up from 126 in the same period of last year marking an increase of 27 per cent.
The biggest property losers are living in Aberdeen, Aberdeenshire and Scottish Borders, where average prices fell by 4.0 per cent to £ 161,063, 2.5 per cent to £188,426 and 2.5 per cent to £152,576 respectively.
The average price of a property in Scotland in August 2018 came in at £ £153,309.
This compares to a UK average of £ 232,797, which was an increase of 3.2 per cent on August in the previous year.