The areas of Scotland where house prices are rising the most – and where owners are LOSING value

Scottish Sun

5 days ago

Read on to find out which areas have the highest and lowest increases
HOUSE THAT The areas of Scotland where house prices are rising the most – and where owners are LOSING value
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HOUSE prices in Scotland have risen at almost double the rate of the rest of the UK in the last year.
The Scottish housing market has remained "buoyant" despite concerns over the struggling economy and a slower than expected drop in interest rates.
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House prices in Scotland have risen at almost double the rate of the rest of the UK
Credit: Alamy
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There were 12 areas which recorded an average price above £10,000
Credit: Alamy
Average house prices rose £10,654 in Scotland over the last 12 months, according to analysis of the latest statistics by lettings and estate agency DJ Alexander.
Latest data from the monthly house price index shows that between June 2024 and May 2025 average house prices in Scotland increased from £181,273 to £191,927.
This was an annual increase of 5.9 per cent compared to a rise of 3.1 per cent in England and Wales over the same period.
Across Scotland there were substantial variations in price rises, with East Lothian recording the highest increase of £27,946, Midlothian rising by £19,700, Perth and Kinross up £18,938, Edinburgh increasing by £18,691 and East Dunbartonshire up by £17,962.
There were two areas that recorded a dip in average prices, with Aberdeenshire dropping by £5,690 and South Ayrshire falling by £3,376.
The next three lowest increases were in Aberdeen, which rose by £625, West Dunbartonshire, which increased by £1,055, and Moray, which was up by £3,161.
There were 12 areas which recorded an average price above £10,000.
The most expensive place to buy a home in Scotland is East Lothian, with an average price of £297,042, while the cheapest area is Inverclyde at £113,679.
David Alexander, chief executive officer of DJ Alexander Scotland, said: "The Scottish housing market remains buoyant with an average increase of £10,654 – equivalent to a 5.9 per cent rise over the year – at a time when interest rates have fallen at a slower pace than anticipated alongside continuing concerns over the performance of the economy.
"Particularly striking is that the Scottish increase is almost double the percentage in England and Wales, where average prices only rose by 3.1 per cent over the same period.
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"With 12 areas recording an increase of over £10,000, this is a clear sign that demand remains strong from Scotland's homebuyers.
"However, the gap between the most expensive place to buy and the cheapest is concerning and could indicate a growing divergence between some more affluent areas and the rest of Scotland.
"Overall, though, the Scottish housing market remains in remarkably good health with strong average price growth and demand remaining good.
"Whether this continues remains to be seen because this level of annual growth is quite unusual historically. However, for the moment, these figures show a remarkable resilience on the part of Scottish homebuyers."
Over the last five years, average prices in Scotland have risen by 27.9 per cent, reflecting a high level of sustained growth in the Scottish market.
The average prices in England and Wales rose by 23.1 per cent over the same period.
This means that for half a decade Scottish house prices have been rising at a faster rate than our neighbours across the border.