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1. Headline statistics for February 2021

Estimates for the most recent months are provisional and are likely to be updated as more data is incorporated into the index. Read the revision policies.

2. Economic statement

Scotland house prices increased by 8.0% in the year to February 2021, up from an increase of 7.0% in year to January 2021. Scotland house prices were growing slower than the UK annual rate of 8.6% in the year to February 2021. On a non-seasonally adjusted basis average house prices in Scotland decreased by 1.7% between January and February 2021, compared with a decrease of 2.6% during the same period a year earlier (January and February 2020). On a seasonally adjusted basis, average house prices in Scotland have increased by 0.2% between January and February 2021.

Comparing the provisional volume estimate for December 2019 with the provisional estimate for December 2020, volume transactions increased by 34.7% in Scotland. UK volume transactions increased by 18.3% over the same period.

In Scotland, detached houses showed the biggest increase out of all property types, rising by 9.7% in the year to February 2021 to 拢285,000. The smallest average house price change of all property types was in flats and maisonettes, up by 6.0% in the year to February 2021 to 拢114,000.

House prices increased over the year in all 32 local authority areas. The largest growth was in South Ayrshire (not including Shetland Islands) where prices increased by 14.6% in the year to February 2021 to 拢149,000. The slowest growth for year ending February 2021 was recorded in City of Aberdeen, where average prices increased over the year by 0.7% to 拢143,000.

As with other indicators in the housing market, which typically fluctuate from month to month, it is important not to put too much weight on one month鈥檚 set of house price data.

3. Price change

3.1 Annual price change

Annual price change for Scotland over the past 5 years

In Scotland, average prices increased by 8.0% in the year to February 2021, compared with an increase of 7.0% in year to January 2021.

Annual price change by local authority for Scotland

Low numbers of sales transactions in some local authorities, such as Orkney Islands, Na h-Eileanan Siar and Shetland Islands, can lead to volatility in the series.

While we make efforts to account for this volatility, the change in price in these local levels can be influenced by the type and number of properties sold in any given period.

Geographies with low number of sales transactions should be analysed in the context of their longer-term trends rather than focusing on monthly movements.

Local authorities	February 2021	February 2020	Difference
Aberdeenshire	拢179,069	拢176,097	1.7%
Angus	拢152,520	拢140,930	8.2%
Argyll and Bute	拢157,832	拢145,089	8.8%
City of Aberdeen	拢142,875	拢141,925	0.7%
City of Dundee	拢131,530	拢122,443	7.4%
City of Edinburgh	拢280,940	拢274,729	2.3%
City of Glasgow	拢150,696	拢135,625	11.1%
Clackmannanshire	拢132,267	拢127,752	3.5%
Dumfries and Galloway	拢142,087	拢130,748	8.7%
East Ayrshire	拢105,003	拢95,327	10.2%
East Dunbartonshire	拢226,561	拢214,142	5.8%
East Lothian	拢250,689	拢230,463	8.8%
East Renfrewshire	拢250,935	拢222,259	12.9%
Falkirk	拢135,387	拢129,596	4.5%
Fife	拢145,390	拢131,780	10.3%
Highland	拢175,014	拢165,664	5.6%
Inverclyde	拢107,923	拢97,217	11.0%
Midlothian	拢196,666	拢187,204	5.1%
Moray	拢162,172	拢143,341	13.1%
Na h-Eileanan Siar	拢132,397	拢126,358	4.8%
North Ayrshire	拢111,320	拢103,433	7.6%
North Lanarkshire	拢115,566	拢107,053	8.0%
Orkney Islands	拢155,143	拢136,309	13.8%
Perth and Kinross	拢212,596	拢188,583	12.7%
Renfrewshire	拢131,554	拢122,283	7.6%
Scottish Borders	拢171,099	拢158,594	7.9%
Shetland Islands	拢174,245	拢148,589	17.3%
South Ayrshire	拢148,543	拢129,625	14.6%
South Lanarkshire	拢138,831	拢125,832	10.3%
Stirling	拢215,335	拢197,792	8.9%
West Dunbartonshire	拢116,673	拢110,091	6.0%
West Lothian	拢173,179	拢161,385	7.3%
Scotland	拢161,529	拢149,582	8.0%

Average price by local authority for Scotland

In February 2021 the most expensive area to purchase a property was City of Edinburgh, where the average cost was 拢281,000. In contrast, the cheapest area to purchase a property was East Ayrshire, where the average cost was 拢105,000.

3.2 Average price change by property type

Average price change by property type for Scotland

Property type	February 2021	February 2020	Difference
Detached	拢284,858	拢259,583	9.7%
Semi-detached	拢169,522	拢156,490	8.3%
Terraced	拢135,687	拢124,516	9.0%
Flat or maisonette	拢113,506	拢107,092	6.0%
All	拢161,529	拢149,582	8.0%

4. Sales volumes

The amount of time between the sale of a property and the registration of this information varies. It typically ranges between 2 weeks and 2 months but can be longer. Volume figures for the most recent 2 months are not yet at a reliable level for reporting, so they are not included in the report. Published transactions for recent months will increase as later registered transactions are incorporated into the index.

Sales volume data is also available by property status (new build and existing property) and funding status (cash and mortgage) in our downloadable data tables. Transactions involving the creation of a new register, such as new builds, are more complex and require more time to process. Read Revisions to the UK HPI data for more information.

4.1 Sales volumes by local authority

Sales volumes for Scotland by local authority

Local authorities	December 2020	December 2019
Aberdeenshire	407	280
Angus	220	163
Argyll and Bute	210	148
City of Aberdeen	363	331
City of Dundee	289	185
City of Edinburgh	1,168	892
City of Glasgow	1,271	943
Clackmannanshire	78	79
Dumfries and Galloway	315	180
East Ayrshire	225	187
East Dunbartonshire	212	143
East Lothian	241	230
East Renfrewshire	224	144
Falkirk	319	198
Fife	676	515
Highland	450	371
Inverclyde	156	92
Midlothian	245	171
Moray	179	106
Na h-Eileanan Siar	39	24
North Ayrshire	269	185
North Lanarkshire	615	514
Orkney Islands	48	31
Perth and Kinross	318	225
Renfrewshire	413	304
Scottish Borders	217	177
Shetland Islands	37	27
South Ayrshire	230	164
South Lanarkshire	705	584
Stirling	156	110
West Dunbartonshire	139	106
West Lothian	322	263
Scotland	10,756	8,072

Comparing the provisional volume estimate for December 2019 with the provisional estimate for December 2020, volume transactions increased by 34.7% in Scotland.

UK Property Transaction Statistics published by HM Revenue & Customs (which differ in coverage but are more complete for this period) report that on a non-seasonally adjusted basis, volume transactions increased by 35.5% in Scotland in the year to December 2020.

4.2 Sales volumes

Sales volumes for Scotland over the past 5 years

Date	Sales volumes for Scotland
December 2016	8,488
December 2017	8,171
December 2018	7,486
December 2019	8,072
December 2020	10,756

5. Property status

Transactions involving the creation of a new register, such as new builds, are more complex and need more time to process. This means they can take longer to appear in the land registers. The volume of new build transactions for the most recent 2 months are not at a reliable level for reporting the breakdown between new build and existing resold property, so they are not included in the report.

New build and existing resold property for Scotland

Property status	Average price December 2020	Monthly change	Annual change
New build	拢219,318	-1.6%	8.4%
Existing resold property	拢160,165	-1.3%	7.9%

6. Buyer status

First time buyer and former owner occupier for Scotland

Type of buyer	Average price February 2021	Monthly change	Annual change
First time buyer	拢130,055	-2.0%	7.8%
Former owner occupier	拢194,405	-1.4%	8.2%

7. Funding status

Cash and mortgage indicator for Scotland

Funding status	Average price February 2021	Monthly change	Annual change
Cash	拢148,519	-2.0%	8.4%
Mortgage	拢167,598	-1.5%	7.8%

8. Access the data

Download the data as CSV files or access it with .

Data revisions

View any revisions to previously published data in the data downloads or find out more about revisions in our guidance About the UK HPI.

9. About the UK House Price Index

The UK House Price Index (UK HPI) is calculated by the Office for National Statistics and Land & Property 天美影院 Northern Ireland. Find out about the methodology used to create the UK HPI.

Data for the UK House Price Index is provided by HM Land Registry, , and the Valuation Office Agency.

Find out more about the UK House Price Index.

10. Contact for Scotland queries