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.

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 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.

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.

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 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.

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

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.

Average House Prices in the United Kingdom increased to 299862 GBP in October from 298215 GBP in September of 2025. This dataset includes a chart with historical data for the United Kingdom Average House Prices.

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.

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

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.

The data shows house sales and prices by Glasgow data zones between 1993 to 2012. Residential property transactions are recorded by Registers of Scotland. More information can be found here. The field names used were generated by the Land Value Information Unit at The University of the West of Scotland and The Scottish Government. The number of sales, median price and lower quartile price are based on new build and second hand sales that are recorded/registered whether they are cash purchases or funded by mortgages. The mean price is based on new build and second hand sales between 20,000 and 1,000,000. More information can be found in the metadata which is among the resources. (c) Crown copyright, 2014. Data supplied by Scottish Neighbourhood Statistics Website Licence: None

Renters in the UK spent on average 32.5 percent of their income on rent as of January 2025. Scotland and Yorkshire and Humber were the most affordable regions, with households spending less than 28 percent of their gross income on rent. Conversely, London, South West, and South East had a higher ratio. Greater London is the most expensive region for renters Greater London has a considerably higher rent than the rest of the UK regions. In 2024, the average rental cost in Greater London was more than twice higher than in the North West or West Midlands. Compared with Greater London, rent in the South East region was about 600 British pounds cheaper. London property prices continue to increase In recent years, house prices in the UK have been steadily increasing, and the period after the COVID-19 pandemic has been no exception. Prime residential property prices in Central London are forecast to continue rising until 2027. A similar trend in prime property prices is also expected in Outer London.

As of the second quarter of 2025, urban land prices in the United Kingdom decreased across all regions, with Scotland recording the largest year-on-year decline at *** percent. In the case of greenfield land, some regions such as the South East and East of England experienced a decrease in land prices, while others saw an increase. Scotland registered the highest year-on-year growth at *** percent.

The prime rent for office real estate in Edinburgh, Scotland, increased from 2015 to 2019. It can be seen that between 2015 and 2019, the average cost of prime rent increased by ** euros, to a total of *** euros per square meter per year as of the end of 2019. This was also the highest prime rent per square meter per year recorded in this time period.