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Scotland s housing market in lockdown boom – all 32 local authorities ranked

Inverclyde  The biggest increase over the year was in Stirling at 18.8%, helped by the purchase of a stunning detached home in the Bridge of Allan, which went for £1.7 million – the highest price paid for a property in Stirling over the last twelve months. While East Dunbartonshire saw prices drop by 2.6%, despite it still being one of the most expensive to buy in Scotland.  It was one of just two local authorities that saw drops, the other being Aberdeen City.  Last year, 638 properties costing £750,000 or over sold and this is the highest amount sold in six years. In February, Glasgow and Edinburgh collectively accounted for 31% of the uplift in Scotland’s average house price over the last twelve months. If you add South Lanarkshire, Perth and Kinross, and Fife to the list, they make up 50% of the increase in prices that has taken place at the national level over the last year.

Walker Fraser Steele: Scottish house prices up 9 6%

Monthly sales volumes exceeded those of the last six years. Alan Penman, business development manager at Walker Fraser Steele, said: “This month’s report is a very clear statement about the resilience of the Scottish housing market. “The average house price in Scotland at the end of February 2021 stands at £204,782. This is some £18,000, or 9.6%, higher than at the end of February 2020. “This level of sustained price growth underlines how well the property market continues to perform in comparison to other areas of the economy. “To understand why Scotland has enjoyed such a period of growth, we need to acknowledge the impact of the monetary, fiscal, public health and political actions of recent times.

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