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 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.

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.

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.

The United Kingdom Real Estate Market Report is Segmented by Property Type (Residential and Commercial), by Business Model (Sales and Rental), by End User (Individuals/Households, Corporates & SMEs and Others), and by Country (England, Scotland, Wales, and Northern Ireland). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

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.

Private companies were responsible for most of the new homes built in the United Kingdom (UK), amounting to ******* units in 2024. Housing completions in the UK decreased for three years in a row between 2007 and 2010. This was followed by several years of fluctuation and a gradual increase from 2013 to 2019. The number of homes completed in England remained relatively stable in 2022 and 2023, after reaching a low point in the second quarter of 2020 due to the restrictions implemented to prevent the spread of COVID-19. Construction starts and completions Comparing the number of starts and completions in London side-by-side shows that whenever there is a significant growth or fall in the number of projects started, that peak or valley tends to be reflected in the number of buildings completed a couple of years later. Nevertheless, disruptions, delays, and other obstacles may affect that correlation. Still, observing how many home construction projects started in the UK can provide some insight into the level of activity that construction companies may have in the near future. Given that the number of housing starts is forecast to fall in 2024, there might be slightly less work to be carried out the following year. Nevertheless, housing starts are expected to pick up again by 2025 and 2026. Housing associations in the UK Housing associations are not-for-profit organizations created to develop and rent homes for a lower price than in the private market. They have acquired certain relevance in the UK, although this type of organization also exists in other countries. On several occasions during the past decade, over a fifth of housing starts in London were developed by housing associations. Meanwhile, the number of new homes completed in Scotland by housing associations has increased a lot throughout the years, with several thousand units constructed every year during the past decades.

英国 PHRPI: Scotland在2020-07达102.838 Jan2015=100，相较于2020-06的102.819 Jan2015=100有所增长。英国 PHRPI: Scotland数据按月度更新，2011-01至2020-07期间平均值为100.603 Jan2015=100，共115份观测结果。该数据的历史最高值出现于2020-07，达102.838 Jan2015=100，而历史最低值则出现于2011-02，为93.807 Jan2015=100。CEIC提供的英国 PHRPI: Scotland数据处于定期更新的状态，数据来源于Office for National Statistics，数据归类于Global Database的英国 – Table UK.EB015: Private Housing Rental Prices Index: January 2015=100。

United Kingdom PHRPI: Scotland data was reported at 102.838 Jan2015=100 in Jul 2020. This records an increase from the previous number of 102.819 Jan2015=100 for Jun 2020. United Kingdom PHRPI: Scotland data is updated monthly, averaging 100.603 Jan2015=100 from Jan 2011 (Median) to Jul 2020, with 115 observations. The data reached an all-time high of 102.838 Jan2015=100 in Jul 2020 and a record low of 93.807 Jan2015=100 in Feb 2011. United Kingdom PHRPI: Scotland data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s United Kingdom – Table UK.EB015: Private Housing Rental Prices Index: January 2015=100.

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 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/">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">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.

The latest release was published 09:30 28 November 2025 and was updated with provisional data from completed transactions during October 2025.

The next release will be published 09:30 09 January 2026 and will be updated with provisional data from completed transactions during November 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">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.

英国 New CI: SC: SIC 2007: Real Estate Activities在2020-08达1.000 单位，相较于2020-07的2.000 单位有所下降。英国 New CI: SC: SIC 2007: Real Estate Activities数据按月度更新，2019-01至2020-08期间平均值为2.000 单位，共20份观测结果。该数据的历史最高值出现于2019-10，达6.000 单位，而历史最低值则出现于2020-05，为0.000 单位。CEIC提供的英国 New CI: SC: SIC 2007: Real Estate Activities数据处于定期更新的状态，数据来源于The Insolvency Service，数据归类于Global Database的英国 – Table UK.O005: Insolvencies: Scotland: by Industry: SIC 2007。

United Kingdom New CI: SC: SIC 2007: Real Estate Activities data was reported at 1.000 Unit in Aug 2020. This records a decrease from the previous number of 2.000 Unit for Jul 2020. United Kingdom New CI: SC: SIC 2007: Real Estate Activities data is updated monthly, averaging 2.000 Unit from Jan 2019 (Median) to Aug 2020, with 20 observations. The data reached an all-time high of 6.000 Unit in Oct 2019 and a record low of 0.000 Unit in May 2020. United Kingdom New CI: SC: SIC 2007: Real Estate Activities data remains active status in CEIC and is reported by The Insolvency Service. The data is categorized under Global Database’s United Kingdom – Table UK.O005: Insolvencies: Scotland: by Industry: SIC 2007.