The average house price in Scotland has increased since 2015, with minor fluctuations over time. The house price index is calculated using data on housing transactions and measures the development of house prices, with 2015 chosen as a base year when the index value was set to 100. In June 2024, the index reached 142.6, suggesting a house price growth of 4.3 percent since June 2023 and nearly 43 percent since 2015. Among the different regions in the UK, West and East Midlands experienced the strongest growth.
Monthly house price index and year-on-year percentage change in Scotland from January 2015 to June 2024
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GOV.UK. (August 14, 2024). Monthly house price index and year-on-year percentage change in Scotland from January 2015 to June 2024 [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/620404/monthly-house-price-index-in-scotland-uk/
GOV.UK. "Monthly house price index and year-on-year percentage change in Scotland from January 2015 to June 2024." Chart. August 14, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/620404/monthly-house-price-index-in-scotland-uk/
GOV.UK. (2024). Monthly house price index and year-on-year percentage change in Scotland from January 2015 to June 2024. Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/620404/monthly-house-price-index-in-scotland-uk/
GOV.UK. "Monthly House Price Index and Year-on-year Percentage Change in Scotland from January 2015 to June 2024." Statista, Statista Inc., 14 Aug 2024, https://www.statista.com/statistics/620404/monthly-house-price-index-in-scotland-uk/
GOV.UK, Monthly house price index and year-on-year percentage change in Scotland from January 2015 to June 2024 Statista, https://www.statista.com/statistics/620404/monthly-house-price-index-in-scotland-uk/ (last visited December 19, 2024)
Monthly house price index and year-on-year percentage change in Scotland from January 2015 to June 2024 [Graph], GOV.UK, August 14, 2024. [Online]. Available: https://www.statista.com/statistics/620404/monthly-house-price-index-in-scotland-uk/