If you are buying, selling or investing you need to first understand what’s happened, what’s happening now and what will happen to prices in the future. The data shows that house prices in Scotland are up year on year, by only by 2.4% versus a long term average of 6.3%. The data also shows house price growth has slowed significantly since the credit crunch, with only 6% growth over 12 years. However, those lucky enough to have bought at the market low in 2009 would have seen, on average, 28% growth. So part of understanding what your property is worth when selling is to work out what’s happened to house prices since you bought the property. Read more for in depth analysis of the Scottish property price, rental and buy to let market.
