Official Statistics

UK House Price Index Scotland: November 2017

Published 16 January 2018

Applies to Scotland

1. Headline statistics in November 2017

the average price of a property in Scotland was

£145,992

the annual price change of a property in Scotland was

3.6%

the monthly price change of a property in Scotland was

1.1%

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

108.2

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 graph for Scotland over the past 5 years

In Scotland, the average price increased by 3.6% in the year to November 2017 (up from 3.4% in the year to October 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. While 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 November 2017 November 2016 Difference
Aberdeenshire £187,073 £190,464 -1.8%
Angus £141,788 £140,303 1.1%
Argyll and Bute £127,373 £132,495 -3.9%
City of Aberdeen £163,489 £170,715 -4.2%
City of Dundee £122,510 £120,215 1.9%
City of Edinburgh £246,508 £228,292 8.0%
City of Glasgow £123,812 £116,129 6.6%
Clackmannanshire £120,868 £117,018 3.3%
Dumfries and Galloway £125,587 £118,834 5.7%
East Ayrshire £98,067 £94,104 4.2%
East Dunbartonshire £204,847 £206,770 -0.9%
East Lothian £217,106 £200,823 8.1%
East Renfrewshire £223,995 £221,440 1.2%
Falkirk £119,670 £112,853 6.0%
Fife £129,350 £126,748 2.1%
Highland £154,630 £155,377 -0.5%
Inverclyde £100,400 £93,936 6.9%
Midlothian £169,181 £162,110 4.4%
Moray £148,486 £145,743 1.9%
Na h-Eileanan Siar £93,553 £105,459 -11.3%
North Ayrshire £103,196 £96,293 7.2%
North Lanarkshire £102,727 £101,242 1.5%
Orkney Islands £129,950 £130,400 -0.3%
Perth and Kinross £177,527 £174,538 1.7%
Renfrewshire £119,553 £114,564 4.4%
Scottish Borders £151,941 £152,835 -0.6%
Shetland Islands £159,574 £148,784 7.3%
South Ayrshire £134,384 £129,373 3.9%
South Lanarkshire £123,804 £116,818 6.0%
Stirling £171,629 £170,473 0.7%
West Dunbartonshire £106,216 £96,320 10.3%
West Lothian £152,387 £141,401 7.8%
Scotland £145,992 £140,852 3.6%

Average price by local authority for Scotland

Average price by local authority heat map

In November 2017, the most expensive area to live in was City of Edinburgh, where the cost of an average house was £247,000. In contrast, the cheapest area to purchase a property was Na h-Eileanan Siar, where an average house cost £94,000.

2.2 Average price change by property type

Average price change by property type for Scotland

Property type November 2017 November 2016 Difference
Detached £235,744 £244,427 -3.6%
Semi-detached £151,939 £146,764 3.5%
Terraced £123,091 £116,136 6.0%
Flat or maisonette £108,881 £101,600 7.2%
All £145,992 £140,852 3.6%

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 at a reliable level for reporting, so they are not included in the report.

Sales volume data is also available by property status (new build and existing property) and funding status (cash and mortgage) in our downloadable data tables. Transactions involving the creation of a new register, such as new builds, are more complex and require more time to process. Read Revisions to the UK HPI data for more information.

3.1 Sales volumes by local authority

Sales volumes for Scotland by local authority

Local authorities September 2017 September 2016 Difference
Aberdeenshire 358 356 0.6%
Angus 168 189 -11.1%
Argyll and Bute 143 140 2.1%
City of Aberdeen 372 353 5.4%
City of Dundee 227 272 -16.5%
City of Edinburgh 1,124 1,166 -3.6%
City of Glasgow 1,067 1,123 -5.0%
Clackmannanshire 74 101 -26.7%
Dumfries and Galloway 252 237 6.3%
East Ayrshire 195 201 -3.0%
East Dunbartonshire 197 167 18.0%
East Lothian 190 192 -1.0%
East Renfrewshire 128 151 -15.2%
Falkirk 263 283 -7.1%
Fife 706 651 8.4%
Highland 418 388 7.7%
Inverclyde 96 136 -29.4%
Midlothian 166 203 -18.2%
Moray 161 194 -17.0%
Na h-Eileanan Siar 34 26 30.8%
North Ayrshire 246 224 9.8%
North Lanarkshire 451 515 -12.4%
Orkney Islands 33 44 -25.0%
Perth and Kinross 287 310 -7.4%
Renfrewshire 340 342 -0.6%
Scottish Borders 183 206 -11.2%
Shetland Islands 38 21 81.0%
South Ayrshire 215 225 -4.4%
South Lanarkshire 595 573 3.8%
Stirling 162 164 -1.2%
West Dunbartonshire 112 108 3.7%
West Lothian 322 302 6.6%
Scotland 9,323 9,563 -2.5%

3.2 Sales volumes

Sales volumes for Scotland over the past 5 years

Date Sales volumes for Scotland
September 2013 7,379
September 2014 7,883
September 2015 8,618
September 2016 9,563
September 2017 9,323

4. Property 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 September 2017 Monthly change Annual change
New build £205,565 -1.3% 9.9%
Existing resold property £142,223 -1.8% 2.6%

Note: since the October 2017 release, amendments have been made to our estimation model when calculating our provisional estimate. Find out further information and the impact of this change in Improvement to the calculation of provisional estimates within the UK HPI.

5. Buyer status

First time buyer and former owner occupier for Scotland

Type of buyer Average price November 2017 Monthly change Annual change
First time buyer £121,574 3.4% 6.5%
Former owner occupier £169,670 -1.3% 0.7%

6. Funding status

Cash and mortgage indicator for Scotland

Funding status Average price November 2017 Monthly change Annual change
Cash £135,641 1.7% 4.0%
Mortgage £150,733 0.8% 3.5%

7. Access the data

Download the data as CSV files or access it with our UK HPI tool.

Data revisions

View any revisions to previously published data in the data downloads or find out more about revisions in our guidance About the UK HPI.

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.

9. Contact for Scotland queries

Anne MacDonald, Land & Property Data Team, Registers of Scotland

Email Anne.MacDonald@ros.gov.uk

Telephone 0131 378 4991