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Registers of Scotland: average property price in Scotland increases by 2.9%
29/08/2017
Registers of Scotland: average property price in Scotland increases by 2.9%

The latest Scottish House Price Index figures released by the Registers of Scotland shows the average price of residential property for June 2017 increased by 2.9% over the June 2016 figure.

 

The current average price now stands at £144,253. The June 2017 figure showed a very modest increase of 0.1% when compared with the May 2017 figure.

 

From a local perspective, the average price of property in Stirling increased by 3.7% to stand at £174,153 in June whilst for the Falkirk local authority area, the average price increased by 1.6% to stand at £115,103

 

The volume of sales of residential property in Scotland in April 2017 stood at 7,908 and whilst this was an increase of 16% on the April 2016 figure, it was a reduction of 14.2% on the March 2017 figure.

 

There were 133 registered sales in the Stirling local authority area in April 2017 which was an increase of 19.8% over the same month in 2016. In respect of the Falkirk local authority area, the number of registered sales saw a slight reduction in April, falling from 234 to 233 registered sales.

 

For more information and a wider range of statistics, including the average price of individual property types, click here to view the full Report.