House prices increase 2.3% in a year

House prices increase 2.3% in a year

The average price of a property in Scotland reached £187,000 in February 2026, an increase of 2.3% when compared to 12 months prior, the latest House Price Index (HPI) has revealed.

Compared to the previous month, house prices in Scotland decreased by 0.6% on a non-seasonally adjusted basis, whilst on a seasonally adjusted basis there was an increase of 1.2%.

The UK average house price was £268,000 which was an annual increase of 1.2% on February 2025. Compared with the previous month, UK house prices increased by 0.1% on a non-seasonally adjusted basis and increased by 0.6% on a seasonally adjusted basis.

The volume of residential sales in Scotland in December 2025 was 8,066. When compared with the first published figures for December 2024 this was an annual increase of 8.1%. Published transactions for recent months will increase as later registered transactions are incorporated into the index.

A Registers of Scotland spokesperson said: “There was an increase of 2.3% (to £187,000) in the average house price for Scotland in the 12 months to February 2026. This compares to an increase of 1.2% (to £268,000) in average house prices for the UK as a whole.”

Increases were recorded in 27 out of 32 local authority areas when comparing prices with the previous year. The largest increase was in Inverclyde, where the average price increased by 7.5% to £113,000. The largest decrease was recorded in the City of Aberdeen, where the average price decreased by 6.4% to £128,000. 

In February 2026, the highest-priced area to purchase a property was the City of Edinburgh, where the average price was £295,000. In contrast, the lowest-priced area to purchase a property was Inverclyde, where the average price was £113,000.

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