The average house price in Scotland has increased since 2015, with minor fluctuations over time. The house price index is calculated using data on housing transactions and measures the development of house prices, with January 2023 chosen as a base year when the index value was set to 100. In May 2025, the index reached 109.3, suggesting a house price growth of 6.4 percent since May 2024 and 9.3 percent since 2023. Among the different regions in the UK, the West and East Midlands experienced the strongest growth.

The house price index (HPI) shows changes in the value of residential properties in England, Scotland, Wales, and Northern Ireland. With the HPI set at a base of 100 in January 2023, a value of over 100 would mark an increase in the average dwelling price. A value of under 100 points, on the other hand, would indicate that the average price has dropped. In April 2025, the index measured 101.7 index points, showing an increase of 1.7 percent since January 2023. UK house prices grew rapidly during the COVID-19 pandemic House prices in the UK grew steadily between 2015 and 2020, fueled by stable economic growth and low borrowing costs. In the following two years, a combination of factors exacerbated this trend. These factors included a stamp duty holiday, low interest rates, a shortage of new homes supplied, and a high housing demand. As a result, house price growth soared, hitting a record 13.6 percent in July 2022. This trend in the index, and therefore the value of UK residential properties, has also been observed by the Halifax house price index. What is the average house price in the UK? Average house prices are affected by several factors. Economic growth, unemployment, interest rates and mortgage availability can all drive them up or down. A shortage of supply means that the need for housing and the competitive market created will push house prices up. An excess of housing, on the other hand, means prices fall to stimulate buyers.

Summary of UK House Price Index (HPI) price statistics covering England, Scotland, Wales and Northern Ireland. Full UK HPI data are available on GOV.UK.

The average house price in the UK increased by 3.9 percent year-on-year in May 2025, according to the monthly house price index. The index is calculated using data on housing transactions and measures the development of house prices, with 2023 chosen as a base year when the index value was set to 100. In May 2025, the index reached 103 index points, meaning that house prices have grown by over three percent since January 2023.The house price index is an important measure for the residential real estate market. It is used to show changes in the value of residential properties in England, Scotland, Wales, and Northern Ireland. This upward trend in house price index, and therefore the value of residential properties, has also been observed by other measurers of house price index in the United Kingdom.

In December 2024, the average house price in England was pricier than in any other country. This considerable disparity in average house prices is in no small part down to the country's capital city, where the average asking price was more than double that of the UK’s average. Even in London, for those who can afford a mortgage, the savings made through buying over renting can be beneficial. What drives house prices? Average house prices are affected by several factors, including economic growth, unemployment, and interest rates. Housing supply also plays a considerable role, with a shortage of supply leading to increased competition and an upward push in prices. Conversely, an excess of housing means prices fall to stimulate buyers. House prices still set to grow The housing market in the UK is expected to continue to grow in the next years. By 2029,.the annual number of housing transactions is set to reach *** million. With transactions on the rise, the average house price is also set to rise.

Average House Prices in the United Kingdom decreased to 298184 GBP in September from 298978 GBP in August of 2025. This dataset includes a chart with historical data for the United Kingdom Average House Prices.

United Kingdom Average House Prices: Scotland data was reported at 154,648.000 GBP in May 2020. This records an increase from the previous number of 153,945.000 GBP for Apr 2020. United Kingdom Average House Prices: Scotland data is updated monthly, averaging 133,444.000 GBP from Jan 2005 (Median) to May 2020, with 185 observations. The data reached an all-time high of 155,141.000 GBP in Sep 2019 and a record low of 93,554.000 GBP in Feb 2005. United Kingdom Average House Prices: Scotland data remains active status in CEIC and is reported by HM Land Registry. The data is categorized under Global Database’s United Kingdom – Table UK.EB016: Average House Prices: HM Land Registry.

The statistic displays a **** year forecast for house price growth in the United Kingdom (UK) from 2020 to 2024, revised with the coronavirus (covid-19) impact on the market. According to the forecast, 2020 and 2021 will likely see a slower to no increase in house prices followed by a gradual recovery between 2022 and 2024. North West, North East, Yorkshire & the Humber, and Scotland prices are forecast to bounce back quicker than other UK regions with higher **** year price increase.

Ann Street, Edinburgh EH4 was the most expensive street for residential real estate in Scotland. The average price of a property there was over **** million British pounds, accounting for the average transactions that occurred between January 2018 and September 2023. The second most prestigious address in the world for a particular popular sport, Golf Place, St Andrews, was valued at **** million British pounds. Wester Coates Avenue made up the third in the list, with properties averaging over *** million British pounds.

View monthly updates and historical trends for UK Scotland Average House Price. from United Kingdom. Source: Office for National Statistics. Track economi…

Median price paid for residential property in England and Wales, by property type and middle layer super output area. Annual data.

The simple average house price in the UK was higher for existing dwellings than for newly built ones in 2024. In that year, the average price for new housing amounted to 325,000 British pounds, while for existing housing, the price was 335,000 British pounds. Prices also varied for different property types, with flats or maisonettes in converted houses being the most affordable.

The price-to-earnings ratio for first-time buyers in the United Kingdom was the highest in London and the lowest in Scotland in the second quarter of 2025. In London, the average house bought by first-time buyers was about 7.79 times higher than the mean gross earnings in the region. In Scotland, this figure amounted to 3.04.

Average House Prices: Scotland在2020-05达154,648.000 GBP，相较于2020-04的153,945.000 GBP有所增长。Average House Prices: Scotland数据按月度更新，2005-01至2020-05期间平均值为133,444.000 GBP，共185份观测结果。该数据的历史最高值出现于2019-09，达155,141.000 GBP，而历史最低值则出现于2005-02，为93,554.000 GBP。CEIC提供的Average House Prices: Scotland数据处于定期更新的状态，数据来源于HM Land Registry，数据归类于Global Database的英国 – Table UK.EB016: Average House Prices: HM Land Registry。

According to the forecast, the North West and Yorkshire & the Humber are the UK regions expected to see the highest overall growth in house prices over the five-year period between 2025 and 2029. Just behind are the North East and West Midlands. In London, house prices are expected to rise by **** percent.

East Dunbartonshire, the city of Edinburgh, East Loathian and East Renfrewshire were the most xpensive regions for residential property in Scotland as of February 2025. The average house price in those regions were over 300,000 British pounds. In comparison, the average house price in Scotland was almost two times lower. Which are the most expensive streets to live in Scotland? With the average house price valued at approximately 3 million British pounds, Queen's Crescent, Auchterarder PH3 was the most expensive street for residential real estate in Scotland in 2024. This was almost twice higher than in the second-priciest street, Ann street, Edinburgh EH4. Compared to other regions in the UK, Scotland is affordable Though 3.6 million British pounds is an impressive figure, not all housing in Scotland falls in this price bracket. In fact, with an average house price of about 170,000 British pounds, Scotland is the third most affordable region for first-time home buyers. Furthermore, it has the second lowest rent to income ratio in the UK.

During the COVID-19 pandemic, the number of house sales in the UK spiked, followed by a period of decline. In 2023 and 2024, the housing market slowed notably, and in January 2025, transaction volumes fell to 46,774. House sales volumes are impacted by a number of factors, including mortgage rates, house prices, supply, demand, as well as the overall health of the market. The economic uncertainty and rising unemployment rates has also affected the homebuyer sentiment of Brits. How have UK house prices developed over the past 10 years? House prices in the UK have increased year-on-year since 2015, except for a brief period of decline in the second half of 2023 and the beginning of 2024. That is based on the 12-month percentage change of the UK house price index. At the peak of the housing boom in 2022, prices soared by nearly 14 percent. The decline that followed was mild, at under three percent. The cooling in the market was more pronounced in England and Wales, where the average house price declined in 2023. Conversely, growth in Scotland and Northern Ireland continued. What is the impact of mortgage rates on house sales? For a long period, mortgage rates were at record-low, allowing prospective homebuyers to take out a 10-year loan at a mortgage rate of less than three percent. In the last quarter of 2021, this period came to an end as the Bank of England rose the bank lending rate to contain the spike in inflation. Naturally, the higher borrowing costs affected consumer sentiment, urging many homebuyers to place their plans on hold and leading to a decline in sales.

House Price: Average: All Buyers: sa data was reported at 227,869.000 GBP in Oct 2018. This records an increase from the previous number of 226,219.000 GBP for Sep 2018. House Price: Average: All Buyers: sa data is updated monthly, averaging 85,982.000 GBP from Jan 1983 (Median) to Oct 2018, with 430 observations. The data reached an all-time high of 229,776.000 GBP in Jul 2018 and a record low of 29,696.000 GBP in Jan 1983. House Price: Average: All Buyers: sa data remains active status in CEIC and is reported by Halifax and Bank of Scotland Plc. The data is categorized under Global Database’s United Kingdom – Table UK.P002: House Price: HBOS Plc.

This statistic shows the average house price of a terraced house built between 1919 and 1945 in the United Kingdom (UK) from the first quarter of 2011 to the fourth quarter of 2015. In the quarter ending June 2015, the average price was 224,567 British pounds (GBP).