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This publication is available at https://www.gov.uk/government/publications/uk-house-price-index-scotland-may-2017/uk-house-price-index-scotland-may-2017
1. Headline Statistics in May 2017
the average price of a property in Scotland was
the annual price change of a property in Scotland was
the monthly price change of a property in Scotland was
the index figure for Scotland (January 2015 = 100) was
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
In Scotland, the average price increased by 3.5% in the year to May 2017 (down from 4.2% in the year to April 2017).
Annual price change by local authority for Scotland
Low numbers of sales transactions in some local authorities can lead to volatility in the series. Whilst efforts are made to account for this volatility, the change in price in these local levels can be influenced by the type and number of properties sold in any given period.
|Local authorities||May 2017||May 2016||Difference|
|Argyll and Bute||£131,892||£133,144||-0.9%|
|City of Aberdeen||£164,277||£178,120||-7.8%|
|City of Dundee||£117,087||£118,122||-0.9%|
|City of Edinburgh||£229,357||£227,953||0.6%|
|City of Glasgow||£119,487||£111,788||6.9%|
|Dumfries and Galloway||£115,929||£112,897||2.7%|
|Na h-Eileanan Siar||£91,951||£112,084||-18.0%|
|Perth and Kinross||£182,254||£169,394||7.6%|
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||May 2017||May 2016||Difference|
|Flat or maisonette||£103,447||£100,780||2.6%|
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: March 2017
|Local authorities||Sales volume|
|Argyll and Bute||166|
|City of Aberdeen||377|
|City of Dundee||217|
|City of Edinburgh||1,009|
|City of Glasgow||1,189|
|Dumfries and Galloway||213|
|Na h-Eileanan Siar||40|
|Perth and Kinross||260|
3.2 Sales volumes: March 2017
Sales volumes for Scotland over the past 5 years
|Date||Sales volumes for Scotland|
4. Building status
New build and existing resold property for Scotland
The first estimate for new build is based on a small sample which can cause volatility in this initial estimate.
|Property status||Average price||Monthly change||Annual change|
|Existing resold property||£140,503||0.7%||3.3%|
5. Buyer status
First time buyer and former owner occupier for Scotland
|Type of buyer||Average price||Monthly change||Annual change|
|First time buyer||£115,571||0.8%||2.0%|
|Former owner occupier||£171,579||0.6%||4.7%|
6. Funding status
Cash and mortgage indicator for Scotland
|Funding status||Average price||Monthly change||Annual change|
7. Access the data
8. 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.
Ailsa Robertson, Land & Property Data Team Manager, Registers of Scotland
Telephone 44 (0)131 659 6111 Ext. 6387