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Raeside Chisholm Solicitors

The directors of Raeside Chisholm are experienced solicitors who enjoy a deserved reputation in Glasgow and beyond for personal attention allied to a commitment to outstanding levels of quality legal services. For enquiries, please contact us on 0141 248 3456.

Average home in Scotland costs more than £200k


The average Scottish home now costs more than £200,000 for the first time, as property prices rose last month by about £100 per day.

According to the Bank of Scotland, a typical property now cost £201,549, which is £18,142 more than a year ago. Instead of stalling amid economic uncertainty, house prices rose by almost 10% to June as demand increased, up from 8.5% in May.

Graham Blair, the mortgages director at Bank of Scotland, said: “Scotland recorded exceptionally strong house price growth during June, with the cost of a typical property rising by almost £3,000. That's pushed the average house price above £200,000 for the first time ever…..While such rises are often welcomed by existing home owners, anyone looking to move still faces the challenge of buying into a sellers' market, while the difficulties facing first-time buyers also become more acute. However, when compared to many other parts of the UK, Scotland continues to provide some of the most affordable locations in which to buy a property.”

Whether you are buying or selling, no matter what your budget or where in Scotland your property is, our conveyancing team will be happy to assist – just give us a call on 0141 248 8810, or drop us an email to legal@raesidechisholm.co.uk.

Record Scottish house prices – again!!

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Latest News

12 July 2022
Estate Agency
The average Scottish home now costs more than £200,000 for the first time, as property prices rose last month by about £100 per day. According to the Bank of Scotland, a typical property now cost £201,549, which is £18,142 more than a year ago. Inste...
24 June 2022
Estate Agency
 We have tried to update our clients on trends in the Scottish property market, and for the last two years have been reporting on prices rising and rising – today’s report is no different! It has just been announced that Scotland could see prope...
18 May 2022
Estate Agency
House prices have risen to a record high in Scotland. Recent research by Halifax bank has revealed that the typical house in Scotland in April 2022 was priced at £196,471, and if inflation continues at the present rate, prices could re...
05 April 2022
Estate Agency
Demand for homes has more than doubled in parts of Scotland over the past year. Fresh data reveals the most sought after locations amid reports that buyers are paying up to 40% over the asking price. According to an analysis by Right Move, Scotland’s...
29 March 2022
Estate Agency
Mortgage data has shown that buyers save around £1400 a year compared to renters. The data from Halifax suggests that buyers save £115 a month on average on housing costs if they can afford to get on the property ladder. The survey compared the typic...
03 February 2022
Estate Agency
Figures from Nationwide Building Society show house price growth hit 11.2 percent in January, with this marking the strongest opening month to a year since 2005. The year on year pace of growth was faster than the 10.4% seen in December and the stron...

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