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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.

Scottish house prices continue to climb

According to the latest figures from the UK House Price Index, as reported by the Registers of Scotland, Scottish house price growth has continued in July. 

The average price of a property in Scotland in July 2021 was £177,166.00.  Not only was this an increase of 2% on June’s prices, but is an increase of 14.6% on the figures from July 2020.  This is the highest reported increase for any month since January 2004, from when Scottish data for the UK House Price Index was first available.

Average year on year price increases were recorded in all 32 Local Authority areas ranging from 4.9% in Stirling and 5.7% in the city of Aberdeen, to 21.5% in the Scottish Borders and 29% in Inverclyde.  In Orkney and Shetland, where a small number of transactions can distort figures more, there were increases of 37.2% and 41.7% respectively.

There were registered residential sales in Scotland in May 2021 of 8,379 compared with 7,007 in April and 11,968 in March (before the end of the Land and Building Transaction Tax relief).  To give you the best chance of purchasing your ideal home, you should contact our property experts on 0141 248 3456.

Average house prices in Scotland reach new record ...
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Latest News

07 January 2022
Estate Agency
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 Ba...
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28 October 2021
Raeside Chisholm Solicitors News
A reminder that we are taking part in the Will Aid scheme this November.  The Will Aid scheme takes place across the country throughout the month of November and supports ActionAid, Age UK, British Red Cross, Christian Aid, NSPCC, Save the Child...
19 October 2021
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It has been reported that momentum in Glasgow’s office market has “significantly” increased over the past three months, with activity expected to remain healthy across all sectors. Take up in the city centre is up 66% on the ten-year average.  O...
29 September 2021
Estate Agency
The average house price in Scotland reached a new record level this summer. At the end of July, the average price stood at £207,877.00. This was up £5,950.00 or 2.9% on June, which is the largest increase in a month for over 6 years. Figures revealed...

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