Official Statistics

UK House Price Index Scotland: March 2017

Published 16 May 2017

Applies to Scotland

1. Headline Statistics in March 2017

the average price of a property in Scotland was

£137,139

the annual price change of a property in Scotland was

0.7%

the monthly price change of a property in Scotland was

-1.0%

the index figure for Scotland (January 2015 = 100) was

101.6

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 March 2017 March 2016 Difference
Aberdeenshire £189,831 £194,052 -2.2%
Angus £141,848 £138,061 2.7%
Argyll and Bute £124,138 £131,355 -5.5%
City of Aberdeen £163,050 £173,942 -6.3%
City of Dundee £117,274 £114,729 2.2%
City of Edinburgh £227,597 £226,971 0.3%
City of Glasgow £116,022 £108,847 6.6%
Clackmannanshire £112,849 £106,994 5.5%
Dumfries and Galloway £118,307 £118,096 0.2%
East Ayrshire £87,657 £90,078 -2.7%
East Dunbartonshire £196,332 £177,382 10.7%
East Lothian £194,868 £197,181 -1.2%
East Renfrewshire £205,759 £196,005 5.0%
Falkirk £109,614 £106,663 2.8%
Fife £127,774 £123,705 3.3%
Highland £155,312 £154,095 0.8%
Inverclyde £100,230 £103,072 -2.8%
Midlothian £154,194 £155,171 -0.6%
Moray £140,549 £137,355 2.3%
Na h-Eileanan Siar £103,986 £92,001 13.0%
North Ayrshire £96,131 £95,890 0.3%
North Lanarkshire £98,660 £96,247 2.5%
Orkney Islands £143,751 £124,701 15.3%
Perth and Kinross £175,435 £170,744 2.7%
Renfrewshire £109,973 £110,824 -0.8%
Scottish Borders £139,213 £146,119 -4.7%
Shetland Islands £158,411 £143,161 10.7%
South Ayrshire £128,232 £125,509 2.2%
South Lanarkshire £121,155 £110,407 9.7%
Stirling £170,141 £163,768 3.9%
West Dunbartonshire £94,691 £96,290 -1.7%
West Lothian £137,847 £139,632 -1.3%
Scotland £137,139 £136,243 0.7%

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 March 2017 March 2016 Difference
Detached £238,460 £237,589 0.4%
Semi-detached £144,261 £140,958 2.3%
Terraced £113,616 £112,757 0.8%
Flat or maisonette £98,012 £98,074 -0.1%
All £137,139 £136,243 0.7%

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: January 2017

Local authorities Sales volume
Aberdeenshire 282
Angus 127
Argyll and Bute 108
City of Aberdeen 250
City of Dundee 161
City of Edinburgh 764
City of Glasgow 700
Clackmannanshire 65
Dumfries and Galloway 142
East Ayrshire 113
East Dunbartonshire 152
East Lothian 140
East Renfrewshire 111
Falkirk 195
Fife 391
Highland 281
Inverclyde 76
Midlothian 115
Moray 125
Na h-Eileanan Siar 24
North Ayrshire 139
North Lanarkshire 305
Orkney Islands 18
Perth and Kinross 181
Renfrewshire 212
Scottish Borders 114
Shetland Islands 23
South Ayrshire 140
South Lanarkshire 396
Stirling 95
West Dunbartonshire 69
West Lothian 225
Scotland 6,239

3.2 Sales volumes: January 2017

Sales volumes for Scotland over the past 5 years

Sales volumes for Scotland over the past 5 years

4. Building status

New build and existing resold property for Scotland

Property status Average price Monthly change Annual change
New build £186,434 -6.9% 7.0%
Existing resold property £135,060 -0.7% 0.3%

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 £110,789 -0.6% 0.8%
Former owner occupier £164,434 -1.3% 0.6%

6. Funding status

Cash and mortgage indicator for Scotland

Funding status Average price Monthly change Annual change
Cash £126,030 -4.0% 0.1%
Mortgage £141,899 -1.0% 0.6%

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