Area Guide For Scotland

A separate country but part of the United Kingdom, Scotland is known for its historic value, beautiful scenery and a lively cultural scene. Located in the northern part of the UK, the country is surrounded by the Atlantic and its main cities include Edinburgh and Glasgow. While the latter is a major seaport, Scotland also has five airports connecting it to major destinations around the world. If you are looking for adventure, friendly people, great bars and pubs, cultural events and amazing landscapes, Scotland won’t disappoint.


Scotland Map

Estimated Price: £180,956
Average Asking Price: £365,746
Price change in last one year: £11,925
Average Price Paid: £160,879
Average Rent Rates: £1,906


Property Prices Breakdown in Scotland

Average Price for property in Scotland is around £180,956 which varies based on type of property you are interested in and ranges from £298,318 for detached house to around £177,266 for semi-detached. Similarly terraced house is around £151,482 and a flat is worth £148,955. Values have been changing and have risen £81 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,505 in last 6 months, £11,925 in last 1 year, £21,439 in last 2 years, £16,972 in last 3 years, £20,403 in last 4 years and £17,543 in last 5 years.

Currently average asking price of a property in Scotland is around £365,746 based on approximately 72,430 properties for sale. Same is the case with rental options based on 191,033 properties up for rent, average asking rent is around £1,906 per month.

Estimated property value in Scotland is £180,956. Average asking price is £365,746 while average price paid is £166,220 which is up by £11,925 and Avg. asking rent £1,906.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Scotland area. In last 1 year alone average price buyer paid is around £166,220 based on approximately 72,430 sales in Scotland area alone. If you compare it to last 3 years sales of 206,153 properties where buyers paid around £161,209. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £160,879 for 318,438 and average amount paid for purchase of approx. 467,047 properties sold in last 7 years comes to about £159,489 per sale.


Properties For Sale in Scotland


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £141,370, £158,208 for a 2 bedroom house, £227,243 for a 3 bedroom house, £409,622 for a 4 bedroom house and £705,693 for a 5 bedroom house. For a flat similarly the prices varies from £230,222 for a single bedroom to £324,190 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £820,675, £1,712,274 for a 4 bedroom flat and £2,880,701 for a 5 bedroom flat. To sum up the asking prices for properties in Scotland it comes to around average £215,673 for 1 bedroom property, £234,585 for 2 bedroom, £273,125 for 3 bedroom, £432,678 for 4 bedroom and £732,905 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £722 for 1 bedroom to £841 for 2 bedrooms, £1,093 for 3 bedrooms, £1,753 for 4 bedrooms and £2,500 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,173. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,661, £3,190 for 3 bedroom, £4,766 for 4 bedroom and around £5,540 for 5 bedroom flat. You should be generally be expecting around average £1,088 rent per month for single bedroom property, £1,407 for 2 bedroom, £1,713 for 3 bedroom, £2,180 for 4 bedroom and approximately £2,807 for a 5 bedroom property in Scotland area.

Popular Houses in Scotland

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Scotland