84,290 homes sold across Scotland in past year

Jake Carter

April 13, 2021

Scottish House Prices scotland

A total of 84,290 homes have sold across Scotland in the past year, according to research from Keller Williams UK.

The data shows that the price of the average house was noted at £164,099 having increased 6.9% in 12 months.

The largest number of homes were sold in Glasgow, with 9,237 transactions in the past 12 months.

Edinburgh followed with 8,545 properties and while Fife with 5,844 sales.

Clackmannanshire has seen the lowest number of homes sold in the last year where the Scottish mainland is concerned with 820.

House prices rose by the greatest margins in East Ayrshire up 13.1% in the area.

With an uplift of 1.6%, the City of Aberdeen has seen the lowest increase followed by the wider area of Aberdeenshire at 1.8%.

While house prices in Edinburgh have climbed by just 2% on an annual basis, the city ranks top where current house prices are concerned, with an average price tag of £280,204.

East Lothian (£253,018) and East Renfrewshire (£250,021) are the only other areas to breach the £250,000 mark, with East Dunbartonshire (£230,309) and Stirling (£212,045) also ranking in the top five.

Ben Taylor, chief executive of Keller Williams UK, said: “The UK property market is thriving at present and this is no different when looking at Scotland alone.

“Despite the uncertainty caused by COVID-19, the stamp duty holiday in its various forms has helped pull the property market away from pandemic paralysis and this rude health is evident across the board.

“Transaction levels have been robust and house prices have climbed year on year in every single area of the Scottish market, which is impressive, to say the least.

“As with the wider UK market, this positive market outlook is likely to remain until the back end of this year, at the very least, if not beyond.”

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