National statistics

UK House Price Index Scotland: July 2022

Published 14 September 2022

1. Headline statistics for July 2022

The average price of a property in Scotland was £192,966

The annual price change of a property in Scotland was 9.9%

The monthly price change of a property in Scotland was 0.6%

The index figure for Scotland (January 2015 = 100) was 143.0

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.

Next publication of UK HPI

The August 2022 UK HPI will be published at 9.30am on Wednesday 19 October 2022. See the calendar of release dates for more information.

2. Economic statement

Scotland house prices increased by 9.9% in the year to July 2022, down from an increase of 11.4% in the year to June 2022. On a non-seasonally adjusted basis, average house prices in Scotland increased by 0.6% between June and July 2022, compared with an increase of 1.9% during the same period a year earlier (June 2021 and July 2021). On a seasonally adjusted basis, average house prices in Scotland increased by 0.3% between June and July 2022.

Comparing the provisional volume estimate for May 2021 with the provisional estimate for May 2022, the volume of transactions decreased by 0.6% in Scotland. The UK volume of transactions increased by 34.5% over the same period.

In Scotland, terraced houses showed the largest increase out of all property types, rising by 11.0% in the year to July 2022 to £164,000. The lowest annual change of all property types was in flats and maisonettes, which increased by 8.0% in the year to July 2022 to £132,000.

The largest growth was in East Ayrshire, where prices increased by 19.8% in the year to July 2022 to £129,000. The lowest annual growth for the year to July 2022 was in City of Aberdeen where average prices increased over the year by 0.8% to £149,000.

As with other indicators in the housing market, which typically fluctuate from month to month, it is important not to put too much weight on one month’s set of house price data.

3. Price change

3.1 Annual price change

Annual price change for Scotland over the past 5 years

Download this chart’s data (CSV, 1KB)

In Scotland, average prices increased by 9.9% in the year to July 2022, down from an increase of 11.4% in the year to June 2022.

Annual price change by local authority for Scotland

Low numbers of sales transactions in some local authorities, such as Orkney Islands, Na h-Eileanan Siar and Shetland Islands, can lead to volatility in the series.

While we make efforts 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.

Geographies with low number of sales transactions should be analysed in the context of their longer-term trends rather than focusing on monthly movements.

Local authorities	July 2022	July 2021	Difference
Aberdeenshire	£203,981	£192,388	6.0%
Angus	£174,958	£157,190	11.3%
Argyll and Bute	£196,135	£164,462	19.3%
City of Aberdeen	£148,896	£147,641	0.8%
City of Dundee	£153,399	£139,179	10.2%
City of Edinburgh	£328,808	£305,995	7.5%
City of Glasgow	£175,263	£157,770	11.1%
Clackmannanshire	£168,895	£150,964	11.9%
Dumfries and Galloway	£165,012	£144,075	14.5%
East Ayrshire	£128,701	£107,417	19.8%
East Dunbartonshire	£269,476	£236,236	14.1%
East Lothian	£306,467	£272,892	12.3%
East Renfrewshire	£295,374	£255,791	15.5%
Falkirk	£165,978	£145,915	13.7%
Fife	£168,599	£154,948	8.8%
Highland	£201,686	£183,957	9.6%
Inverclyde	£124,516	£118,387	5.2%
Midlothian	£232,850	£212,862	9.4%
Moray	£190,875	£167,095	14.2%
Na h-Eileanan Siar	£147,596	£131,854	11.9%
North Ayrshire	£133,028	£115,080	15.6%
North Lanarkshire	£142,186	£125,687	13.1%
Orkney Islands	£222,241	£175,181	26.9%
Perth and Kinross	£240,865	£217,002	11.0%
Renfrewshire	£156,991	£141,430	11.0%
Scottish Borders	£195,746	£182,486	7.3%
Shetland Islands	£195,985	£173,535	12.9%
South Ayrshire	£170,908	£153,779	11.1%
South Lanarkshire	£166,465	£147,280	13.0%
Stirling	£250,316	£218,105	14.8%
West Dunbartonshire	£144,686	£124,251	16.4%
West Lothian	£207,756	£182,643	13.8%
Scotland	£192,966	£175,659	9.9%

Download this table’s data (CSV, 1KB)

Average price by local authority for Scotland

In July 2022, the most expensive area to purchase a property was City of Edinburgh, where the average cost was £329,000. In contrast, the cheapest area to purchase a property was Inverclyde, where the average cost was £125,000.

3.2 Average price change by property type

Average price change by property type for Scotland

Property type	July 2022	July 2021	Difference
Detached	£343,835	£309,928	10.9%
Semi-detached	£206,060	£186,046	10.8%
Terraced	£164,153	£147,952	11.0%
Flat or maisonette	£132,386	£122,586	8.0%
All	£192,966	£175,659	9.9%

Download this table’s data (CSV, 1KB)

4. Sales volumes

The amount of time between the sale of a property and the registration of this information varies. It typically ranges between 2 weeks and 2 months but can be longer. Volume figures for the most recent 2 months are not yet at a reliable level for reporting, so they are not included in the report. Published transactions for recent months will increase as later registered transactions are incorporated into the index.

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.

4.1 Sales volumes by local authority

Sales volumes for Scotland by local authority

Local authorities	May 2022	May 2021
Aberdeenshire	369	488
Angus	169	212
Argyll and Bute	142	141
City of Aberdeen	383	384
City of Dundee	236	288
City of Edinburgh	916	966
City of Glasgow	911	1,001
Clackmannanshire	70	71
Dumfries and Galloway	174	220
East Ayrshire	206	178
East Dunbartonshire	118	143
East Lothian	160	185
East Renfrewshire	172	150
Falkirk	259	247
Fife	574	555
Highland	337	351
Inverclyde	123	128
Midlothian	168	160
Moray	136	143
Na h-Eileanan Siar	21	39
North Ayrshire	233	212
North Lanarkshire	469	435
Orkney Islands	13	30
Perth and Kinross	231	268
Renfrewshire	312	307
Scottish Borders	192	182
Shetland Islands	19	19
South Ayrshire	177	195
South Lanarkshire	559	562
Stirling	125	133
West Dunbartonshire	96	135
West Lothian	255	224
Scotland	8,325	8,752

Note: The ‘Difference’ column has been removed from this table as the latest month’s data are not yet complete.

Note: The number of property transactions for May 2022 will increase as more transactions are incorporated into the index. See our Revisions Policy for more information.

Comparing the provisional volume estimate for May 2021 with the provisional estimate for May 2022, volume transactions decreased by 0.6% in Scotland.

UK Property Transaction Statistics published by HM Revenue & Customs (which differ in coverage but are more complete for this period) report that on a non-seasonally adjusted basis, volume transactions decreased by 1.0% in Scotland in the year to May 2022.

Download this table’s data (CSV, 1KB)

4.2 Sales volumes

Sales volumes for Scotland over the past 5 years

Date	Sales volumes for Scotland
May 2018	8,135
May 2019	9,695
May 2020	3,336
May 2021	8,752
May 2022	8,325

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5. Property status

Transactions involving the creation of a new register, such as new builds, are more complex and need more time to process. This means they can take longer to appear in the land registers. The volume of new build transactions for the most recent 2 months are not at a reliable level for reporting the breakdown between new build and existing resold property, so they are not included in the report.

New build and existing resold property for Scotland

Property status	Average price May 2022	Monthly change	Annual change
New build	£290,784	1.6%	22.8%
Existing resold property	£182,557	1.6%	10.3%

Download this chart’s data (CSV, 1KB)

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 methods used to produce the UK HPI.

6. Buyer status

First time buyer and former owner occupier for Scotland

Type of buyer	Average price July 2022	Monthly change	Annual change
First time buyer	£154,798	1.4%	9.6%
Former owner occupier	£233,072	-0.2%	10.1%

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7. Funding status

Cash and mortgage indicator for Scotland

Funding status	Average price July 2022	Monthly change	Annual change
Cash	£176,099	1.0%	9.7%
Mortgage	£200,898	0.4%	9.9%

Download this chart’s data (CSV, 1KB)

8. 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.

9. 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.

10. Contact for Scotland queries

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

Email Anne.MacDonald@ros.gov.uk

Telephone 0131 378 4991