HPI: Scottish house prices up 6.4% in a year

HPI: Scottish house prices up 6.4% in a year

The average price of a property in Scotland in May 2025 was £192,000, an increase of 6.4% when compared to May 2024, according to the latest House Price Index (HPI).

Compared to the previous month, house prices in Scotland were unchanged on a non-seasonally adjusted basis, whilst on a seasonally adjusted basis there was a decrease of 0.1%.

The UK average house price was £269,000 which was an annual increase of 3.9% on May 2024. Compared with the previous month, UK house prices increased by 1.1% on a non-seasonally adjusted basis and increased by 0.7% on a seasonally adjusted basis.

The volume of residential sales in Scotland in March 2025 was 7,495. When compared with the first published figures for March 2024 this was an annual decrease of 2.2%. 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 6.4% (to £192,000) in the average house price for Scotland in the 12 months to May 2025. This compares to an increase of 3.9% (to £269,000) in average house prices for the UK as a whole.”

Average prices for local authorities are based on a 3-month moving average to help remove some of the volatility in the series. Increases were recorded in 30 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 12.5% to £114,000. The largest decrease was recorded in Aberdeenshire, where the average price decreased by 2.5% to £201,000. Orkney Islands, Na h-Eileanan Siar and Shetland Islands are not considered when highlighting which local authorities have experienced the highest/lowest increase, due to the very low numbers of sales transactions in these local authorities which can lead to volatility in the series.

In May 2025, the highest-priced area to purchase a property was East Lothian, where the average price was £297,000. In contrast, the lowest-priced area to purchase a property as Inverclyde, where the average price was £114,000.

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