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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.

Motherwell records highest house price growth in Scotland

House prices in Motherwell, North Lanarkshire rose at the highest rate in Scotland in 2021, recording the largest increase in both percentage terms at 17.3% and in cash terms at £26,103.00, rising to £177,118.00.

According to figures issued by the Bank of Scotland, average house prices across Scotland climbed by 8.8% in 2021 – substantially ahead of the UK increase of 6.2%.

The average Scottish home costs £207,778.00 up £16,761.00 on the 2020 figure.

Average house prices dropped in only two of the Scottish towns included in the study (Airdrie & Coatbridge) compared to 7 in 2020.  Airdrie recorded the largest fall with a drop of 3.8% to £150,874.00

Edinburgh remains the most expensive place to buy a home in Scotland with an average price of £293,406.00, up 7% on 2020.

No matter where you are looking for a property or your budget, the experts in our conveyancing department will be pleased to help if you contact us on 0141 248 3456.

Average House Price Hits Record High
Home Buyers warned over fraud

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Latest News

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...
24 January 2022
Estate Agency
The office for National Statistics figures show that UK House prices jumped by 10% in the year 2021. In Scotland alone the average house price jumped by 11.4% and they have now hit a record high of £183,000. Contact our Property Lawyers Glasgow, Scot...

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