House prices linked to Scots mov­ing home more fre­quently than any­one else in UK

The Herald - - FRONT PAGE -

VICKY SHAW

around 19-and-a-half years.

Across the UK, the av­er­age home owner moves prop­er­ties ev­ery 23 years, ac­cord­ing to anal­y­sis.

Peo­ple in Wales re­main in their home the long­est, tak­ing an av­er­age of 26.8 years to move.

But in Scot­land, more af­ford­able prop­erty prices have led to peo­ple mov­ing more fre­quently.

Prop­erty web­site Zoopla made the find­ings af­ter work­ing with an­a­lysts Home­track us­ing Land Registry and Regis­ters of Scot­land data.

Res­i­dents in Mid­loth­ian, are par­tic­u­larly likely to move fre­quently – af­ter just un­der 15 years on av­er­age.

Spokesman Lawrence Hall said: “Re­gions with a shorter time be­tween house moves could of­fer bet­ter af­ford­abil­ity than those where prop­er­ties change hands less reg­u­larly.

“Re­gions where prop­er­ties change hands less of­ten can sug­gest a lower level of de­mand, or less hous­ing stock – par­tic­u­larly in ru­ral ar­eas.”

The av­er­age prop­erty in Scot­land is val­ued at £184,800 com­pared to £407,895 in the south east of Eng­land.

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