The Scottish recovery continues to outpace inflation in the north of England, spurred on by the Help to Buy scheme and first time buyers, said e-surv’s Richard Sexton.
On an annual basis, average property prices have risen in 66% of all areas of Scotland, with Aberdeen City reaching a new record of £219,117 after 17.1% annual growth.
Sexton said: “The highest increase in sales has been in classic family semi-detached homes, increasing by 28%. As activity levels strengthen throughout the price ranges, overall sales in Scotland are up 25% in the first three months of 2014 compared to the same period last year.”
House building and a wave of housing stock in Inverclyde have helped raise average house prices in the area, added Sexton.
However, in Midlothian, average house prices have dropped 10.8% annually and two of Scotland’s seven cities suffered monthly house price falls, so the picture remains mixed.
