Scots house prices go up!
I saw an article in the papers today saying Scottish leader Alex Salmond claimed that Scottish house prices were up and some from a leading estate agents counter-claiming that they had gone down, from the figures we have it’s quite conclusive that they HAVE gone up. Number of sales is of course way down on 2007, that is why estate agents are all doom and gloom.
The average first time buyer in Scotland had a 3% larger deposit than the previous year at 13%, however there were a third less mortgages granted to first time buyers than this time last year.
Below are areas in Scotland with a rise in average house prices (prices rounded down):
Aberdeen City - July 2007 £178k - Jun 2008 £185k
Aberdeenshire - July 2007 £187k - Jun 2008 £188k
Argyll And Bute - July 2007 £162k - Jun 2008 £179k
East Ayrshire - July 2007 £114k - Jun 2008 £131k
East Dunbartonshire - July 2007 £189k - Jun 2008 £214k
Highland - July 2007 £154k - Jun 2008 £189k
Orkney Islands - July 2007 £235k - Jun 2008 £294k
Perth and Kinross - July 2007 £173k - Jun 2008 £193k
South Lanarkshire - July 2007 £135k - Jun 2008 £139k
West Dumbartonshire - July 2007 £108k - Jun 2008 £110k
These are obviously averages from all the data however you may see a localised drop in prices where you are.
The figures for Scotland in 2008 are January £151k and June £159k so Mr Salmond could argue that while England was down by an average of £8K in that period Scotland was doing better that the rest of mainland UK
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