The average house price in Edinburgh 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 2015 chosen as a base year when the index value was set to 100. In June 2024, the house price index reached 151 index points, meaning that house prices have grown by about six percent since last year and nearly 51 percent since 2015. Among the different regions in the UK, West and East Midlands experienced the strongest growth.
Ann Street, Edinburgh EH4 was the most expensive street for residential real estate in Scotland. The average price of a property there was over 1.68 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 1.61 million British pounds. Wester Coates Avenue made up the third in the list, with properties averaging over 1.5 million British pounds.
House prices in the UK rose dramatically during the coronavirus pandemic, with growth slowing down in 2022 and turning negative in 2023. The year-on-year annual house price change peaked at 14 percent in July 2022. In June 2024, house prices increased by 2.7 percent. According to the Nationwide Building Society, the average house price exceeded 265,000 British pounds in 2022. Correction in housing prices: a European phenomenon The trend of a growing residential real estate market was not exclusive to the UK during the pandemic. Likewise, many European countries experienced falling prices in 2023. When comparing residential property RHPI (price index in real terms, e.g. corrected for inflation), countries such as Germany, France, Italy, and Spain also saw prices decline. Sweden, one of the countries with the fastest growing residential markets, saw one of the largest declines in prices. How has demand for UK housing changed since the outbreak of the coronavirus? The easing of the lockdown was followed by a dramatic increase in home sales. In November 2020, the number of mortgage approvals reached an all-time high of over 107,000. One of the reasons for the housing boom were the low mortgage rates, allowing home buyers to take out a loan with an interest rate as low as 2.5 percent. That changed as the Bank of England started to raise the base lending rate, resulting in higher borrowing costs and a decline in homebuyer sentiment.
This dataset provides information about the number of properties, residents, and average property values for Edinburgh Road cross streets in Windham, NH.
Across the United Kingdom, house prices appreciated the most in Belfast as of October 2024. In a year, sales prices in Belfast rose by 5.5 percent, approximately 4.5 percent above the average house price increase in the country. Portsmouth was the only city under observation where prices declined.
These National Statistics provide monthly estimates of the number of residential and non-residential property transactions in the UK and its constituent countries. National Statistics are https://osr.statisticsauthority.gov.uk/accredited-official-statistics/" class="govuk-link">accredited official statistics.
England and Northern Ireland statistics are based on information submitted to the HM Revenue and Customs (HMRC) Stamp Duty Land Tax (SDLT) database by taxpayers on SDLT returns.
Land and Buildings Transaction Tax (LBTT) replaced SDLT in Scotland from 1 April 2015 and this data is provided to HMRC by https://www.revenue.scot/" class="govuk-link">Revenue Scotland to continue the time series.
Land Transaction Tax (LTT) replaced SDLT in Wales from 1 April 2018. To continue the time series, the https://gov.wales/welsh-revenue-authority" class="govuk-link">Welsh Revenue Authority (WRA) have provided HMRC with a monthly data feed of LTT transactions since July 2021.
LTT figures for the latest month are estimated using a grossing factor based on data for the most recent and complete financial year. Until June 2021, LTT transactions for the latest month were estimated by HMRC based upon year on year growth in line with other UK nations.
LTT transactions up to the penultimate month are aligned with LTT statistics.
Go to Stamp Duty Land Tax guidance for the latest rates and information.
Go to Stamp Duty Land Tax rates from 1 December 2003 to 22 September 2022 and Stamp Duty: rates on land transfers before December 2003 for historic rates.
Further details for this statistical release, including data suitability and coverage, are included within the ‘Monthly property transactions completed in the UK with value of £40,000 or above’ quality report.
The latest release was published 09:30 28 February 2025 and was updated with provisional data from completed transactions during January 2025.
The next release will be published 09:30 28 February 2025 and will be updated with provisional data from completed transactions during January 2025.
https://webarchive.nationalarchives.gov.uk/ukgwa/20240320184933/https://www.gov.uk/government/statistics/monthly-property-transactions-completed-in-the-uk-with-value-40000-or-above" class="govuk-link">Archive versions of the Monthly property transactions completed in the UK with value of £40,000 or above are available via the UK Government Web Archive, from the National Archives.
This dataset provides information about the number of properties, residents, and average property values for Edinburgh Drive cross streets in Fayetteville, NC.
This dataset provides information about the number of properties, residents, and average property values for Main Cross Street cross streets in Edinburgh, IN.
The monthly house price index in London has been steadily increasing in recent years. In June 2024, the index reached 129.9, up from 129 a year before. Nevertheless, prices widely varied in different London boroughs, with Kensington and Chelsea being the priciest boroughs for an apartment purchase.
This dataset provides information about the number of properties, residents, and average property values for Pr 435 cross streets in Edinburgh, IN.
Average second-hand sale prices for prime properties in selected high-performing towns and cities vary greatly across the United Kingdom (UK). The city of Edinburgh had the lowest average second-hand price of 299,866 British pounds while Beaconsfield and Virginia Water reported the highest prices above 1,100,000 British pounds.
It can be seen that prime properties in Scotland had second-hand sale prices below 400,000 British pounds while in the other regions of the UK, the average prices ranged between 500,000 and 750,000 British pounds with the exception of Beaconsfield and Virginia Water.
This dataset provides information about the number of properties, residents, and average property values for Edinburgh Drive cross streets in Westminster, CA.
Humbie and Gullane in East Lothian, were two of the most expensive towns for residential property in Scotland as of February 2022. The average house price in both towns was estimated at over 500,000 British pounds. In comparison, the average house price in Scotland was almost three times lower.
Which are the most expensive streets to live in Scotland? With the average house price valued at approximately 3.6 million British pounds, Whitehouse terrace, Edinburgh EH9 was the most expensive street for residential real estate in Scotland in 2022. This was almost twice higher than in the second priciest street, Caledonian crescent Auchterarder PH3.
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.
This dataset provides information about the number of properties, residents, and average property values for 950 cross streets in Edinburgh, IN.
This dataset provides information about the number of properties, residents, and average property values for Edinburgh Manor cross streets in Cumming, GA.
This statistic presents the leading British cities ranked by the average price of office rentals as of 2016. In that year, the most attractive business proposition in terms of average office real estate rental rates was presented by Edinburgh, with office space costing just over 66 British pounds per square foot on average.
This dataset provides information about the number of properties, residents, and average property values for Edinburgh Road cross streets in Middletown, PA.
This Statistic shows the average cost of grade A and grade B office rents in Scotland (United Kingdom) per square foot in 2019. The most expensive area to rent Grade A office space in Scotland was seen in the capital, Edinburgh, with an average of 35 British pounds per square foot. Even Grade B property in Edinburgh was more expensive on average that prime real estate in Glasgow's out of town area.
This dataset provides information about the number of properties, residents, and average property values for Edinburgh Road cross streets in Waterford, MI.
This dataset provides information about the number of properties, residents, and average property values for Edinburgh Place cross streets in Fort Wayne, IN.
The average house price in Edinburgh 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 2015 chosen as a base year when the index value was set to 100. In June 2024, the house price index reached 151 index points, meaning that house prices have grown by about six percent since last year and nearly 51 percent since 2015. Among the different regions in the UK, West and East Midlands experienced the strongest growth.