THE VOICE OF PROPERTY

Beverley Brown

AVERAGE house prices in Scotland have increased by almost £25,000 (13.2 per cent) over the last 12 months – the highest rate of all four UK nations.The latest monthly house price index for Scotland from chartered surveyors Walker Fraser Steele, also reveals 30 of the 32 local authority areas continued to see prices rise over the year, with the top five local authority areas by value all setting new record average price levels.

Alan Penman, business development manager at Walker Fraser Steele, comments: “Scotland’s average house price at the end of September was £212,832, which sets yet another record having risen by some £2,200 in the month. Five local authority areas were responsible for 58 per cent of the positive movement in the average house price. The five areas concerned, in order of influence, were South Lanarkshire, the City of Edinburgh, Glasgow City, East Dunbartonshire and Highland. More generally, prices rose in 19 of the 32 local authority areas in Scotland.

“The largest increase in average prices

(6.3 per cent) was in Inverclyde, while second place went to East Dunbartonshire, with 5.2 per cent increase in prices. This underlines how property at the top-end continues to underpin this growth as people opt for more space and continue working from home.”

BUYERS looking to move to a new-build home prior to Christmas could make it an extraspecial Christmas with Stewart Milne Homes new 12 Days of Christmas Gift Giveaway prize

This three bedroom Castlewellan home at Countesswells is an ideal family home

draw. Open to those who reserve a home and conclude missives before 11am on Thursday 16 December 2021 at any of the housebuilder’s 21 new communities (including Countesswells, Silver Birches in Alford, Charleston in Cove, and Dunnottar Park in Stonehaven, as well as Monarch’s Rise in Arbroath and Ballumbie Rise in Dundee), 24 lucky entrants will win prizes ranging from a pizza oven, to a dinner party with a personal chef, and a £2,000 holiday voucher.

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