Category: House Prices

3.5% Increase in Average Selling Price for East Central Scotland

An increase of 14.3% year on year (YOY) in the volume of properties sold in east central Scotland was noted between March and May 2019. The City of Edinburgh recorded 18.9% YOY rise on sales volume for this period. Business Analyst at ESPC, Jamie Fraser-Davidson explained: “This is likely a result of the increase in …

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East Central Scotland Experiences Rising House Prices and Longer Selling Times in Q1 19

Average selling prices are continuing to increase year on year in east central Scotland, suggesting that buyer confidence hasn’t been significantly impacted by Brexit. Quarter 1 2019 saw a 3.4% increase YOY in average selling prices in east central Scotland, rising to £238,315 with Edinburgh experiencing a 2.1% increase to £255,280. Three bedroom houses in …

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Significant Upswing in Homes Brought to the Market at the End of 2018 for East Central Scotland

Positive signs for buyers planning to purchase a new home in early 2019 shone through in the last quarter of 2018, with the east central area of Scotland seeing a 23.9% YOY increase in new homes brought to the market. Edinburgh itself experienced a 14.7% YOY increase. A 9.2% rise was recorded in the number …

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Marked Increase in Seller’s Confidence in East Central Scotland’s Property Market

The ESPC August to October 2018 House Report saw east central Scotland experience a significant increase of 10.9% in the number of properties coming to the market compared to the same period in 2017. Edinburgh in particular, saw a 5.6% increase year on year (YOY). This is an indication of sellers regaining confidence in the …

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Shortage of East Central Scotland Properties Drives Up Prices

In contrast to the UK trend of decreasing house prices, east central Scotland saw the average house price in the last quarter of 2017 increase by 7.3% to £234,757, compared to the same period in 2016, according to the ESPC’s most recent house price report. From October to December 2017, Edinburgh’s average selling price increased …

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ESPC’s Latest House Price Report

East Central Scotland Market Overview According to the latest House Price Report (September – November 2016) by ESPC, the property market in east central Scotland has remained healthy. Despite the decrease in the number of new homes brought to the market (8.3% YOY) and falling number of homes sold in the last 3 months (11.7% …

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