Official Statistics

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 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

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

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