UK House Price Index Scotland: February 2017
Published 11 April 2017
Applies to Scotland
1. Headline Statistics in February 2017
the average price of a property in Scotland was
£138,821
the annual price change of a property in Scotland was
3.1%
the monthly price change of a property in Scotland was
-0.6%
the index figure for Scotland (January 2015 = 100) was
102.9
Estimates for the most recent months are provisional and are likely to be updated as more data is incorporated into the index. Read the revision policies.
2. Price change
2.1 Annual price change
Annual price change for Scotland over the past 5 years
Annual price change by local authority for Scotland
Local authorities | February 2017 | February 2016 | Difference |
---|---|---|---|
Aberdeenshire | £188,481 | £195,493 | -3.6% |
Angus | £145,063 | £136,816 | 6.0% |
Argyll and Bute | £127,195 | £126,334 | 0.7% |
City of Aberdeen | £161,199 | £178,336 | -9.6% |
City of Dundee | £118,022 | £114,040 | 3.5% |
City of Edinburgh | £227,928 | £225,331 | 1.2% |
City of Glasgow | £118,785 | £110,403 | 7.6% |
Clackmannanshire | £113,318 | £107,511 | 5.4% |
Dumfries and Galloway | £120,182 | £119,500 | 0.6% |
East Ayrshire | £90,371 | £90,924 | -0.6% |
East Dunbartonshire | £195,967 | £179,187 | 9.4% |
East Lothian | £186,275 | £194,801 | -4.4% |
East Renfrewshire | £209,732 | £192,168 | 9.1% |
Falkirk | £110,444 | £106,867 | 3.3% |
Fife | £126,748 | £121,508 | 4.3% |
Highland | £153,631 | £151,569 | 1.4% |
Inverclyde | £96,918 | £102,308 | -5.3% |
Midlothian | £155,790 | £160,777 | -3.1% |
Moray | £142,958 | £137,864 | 3.7% |
Na h-Eileanan Siar | £107,096 | £87,494 | 22.4% |
North Ayrshire | £96,907 | £98,727 | -1.8% |
North Lanarkshire | £99,374 | £95,373 | 4.2% |
Orkney Islands | £135,811 | £111,653 | 21.6% |
Perth and Kinross | £173,639 | £173,104 | 0.3% |
Renfrewshire | £112,974 | £112,412 | 0.5% |
Scottish Borders | £139,817 | £143,778 | -2.8% |
Shetland Islands | £183,636 | £145,827 | 25.9% |
South Ayrshire | £123,488 | £125,803 | -1.8% |
South Lanarkshire | £118,729 | £111,364 | 6.6% |
Stirling | £176,830 | £165,343 | 6.9% |
West Dunbartonshire | £94,675 | £96,831 | -2.2% |
West Lothian | £139,334 | £138,531 | 0.6% |
Scotland | £138,821 | £134,625 | 3.1% |
Average price by local authority for Scotland
2.2 Average price change by property type
Average price change by property type for Scotland
Property type | February 2017 | February 2016 | Difference |
---|---|---|---|
Detached | £242,204 | £234,112 | 3.5% |
Semi-detached | £144,824 | £141,397 | 2.4% |
Terraced | £114,067 | £112,797 | 1.1% |
Flat or maisonette | £99,890 | £95,272 | 4.8% |
All | £138,821 | £134,625 | 3.1% |
3. Sales volumes
Due to a period of 2 to 8 weeks between completion and registration of sales, volume figures for the most recent two months are not yet complete, so they are not included in the report.
3.1 Sales volumes by local authority
Sales volumes for Scotland by local authority: December 2016
Local authorities | Sales volume |
---|---|
Aberdeenshire | 326 |
Angus | 128 |
Argyll and Bute | 139 |
City of Aberdeen | 347 |
City of Dundee | 213 |
City of Edinburgh | 1,002 |
City of Glasgow | 977 |
Clackmannanshire | 88 |
Dumfries and Galloway | 177 |
East Ayrshire | 157 |
East Dunbartonshire | 160 |
East Lothian | 183 |
East Renfrewshire | 131 |
Falkirk | 295 |
Fife | 570 |
Highland | 368 |
Inverclyde | 115 |
Midlothian | 163 |
Moray | 163 |
Na h-Eileanan Siar | 34 |
North Ayrshire | 167 |
North Lanarkshire | 454 |
Orkney Islands | 26 |
Perth and Kinross | 259 |
Renfrewshire | 368 |
Scottish Borders | 163 |
Shetland Islands | 21 |
South Ayrshire | 177 |
South Lanarkshire | 479 |
Stirling | 129 |
West Dunbartonshire | 113 |
West Lothian | 269 |
Scotland | 8,361 |
3.2 Sales volumes: December 2016
Sales volumes for Scotland over the past 5 years
Date | Sales volumes for Scotland |
---|---|
01 December 2012 | 5796 |
01 December 2013 | 7135 |
01 December 2014 | 6391 |
01 December 2015 | 7850 |
01 December 2016 | 8361 |
4. Building status
New build and existing resold property for Scotland
Property status | Average price | Monthly change | Annual change |
---|---|---|---|
New build | £208,205 | 6.1% | 18.3% |
Existing resold property | £136,074 | -0.9% | 2.4% |
Note: the first estimate for new build is based on a small sample which can cause volatility in this initial estimate.
5. Buyer status
First time buyer and former owner occupier for Scotland
Type of buyer | Average price | Monthly change | Annual change |
---|---|---|---|
First time buyer | £111,698 | -1.0% | 2.7% |
Former owner occupier | £166,753 | -0.4% | 3.3% |
6. Funding status
Cash and mortgage indicator for Scotland
Funding status | Average price | Monthly change | Annual change |
---|---|---|---|
Cash | £131,575 | 1.9% | 6.0% |
Mortgage | £143,544 | -0.7% | 2.9% |
7. About the UK House Price Index
The UK House Price Index (UK HPI) is calculated by the Office for National Statistics and Land & Property Services Northern Ireland. Find out about the methodology used to create the UK HPI.
Data for the UK House Price Index is provided by HM Land Registry, Registers of Scotland, The Land & Property Services/Northern Ireland Statistics & Research Agency and the Valuation Office Agency.
Find out more about the UK House Price Index.
8. Access the data
Download the data as CSV files or access it with our UK HPI tool.
9. Contact
Anne MacDonald, Land & Property Data Team, Registers of Scotland
Email Anne.MacDonald@ros.gov.uk
Telephone 0131 378 4991