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          Kieran Tierney genius exposes ‘sloppy’ Ajax as Celtic earn rival acclaim despite Como Cup hammering

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          Andrej Bacanin makes Celtic transfer intentions clear amid Rangers claim as direct link with Lennon Miller emerges

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          Rangers strongest XI for Panathinaikos as Thelo Aasgaard injury blow opens door for Euro history-maker

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          Celtic could ‘renew interest’ in Evan Ferguson as transfer hijack follows Yamada hint and Ambrosino U turn

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          Exact cost of Rangers injury crisis revealed as payments to crocked stars double that of Celtic

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          The Rangers transfers Russell Martin needs revealed as AEK set Dessers deadline and Shankland a no-brainer

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          I see cracks in Celtic with transfer fears over four starters so maybe this Rangers claim is a myth – Hugh Keevins

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          Scottish house prices have soared – see how much in your area

          by BP Author
          June 26, 2022
          in Real Estate
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          House prices have rocketed in parts of Scotland during the year to April, as the UK saw the second-largest annual rise in well over a decade.

          Across the country, the average price reached £187,954 in April, according to the latest Land Registry data. That’s 3% above £182,424 in March and 16.2% more than a year earlier, when the figure was £161,814.

          In the Orkney Islands, the average house price rose by 34.3% over the year to £220,739 – the biggest increase of anywhere in the UK.

          That was followed by Na h-Eileanan Siar, where it went up 25.1% to £159,288 – the third-highest rise – while in Scottish Borders it rose 22.9% to £203,485 – fifth overall.

          Meanwhile Edinburgh had the highest average house price – at £324,947 – although that represented a slightly more modest 11.6% annual increase.

          Across the UK as a whole, the average home was valued at £281,161 in April, which was 12.4% – or £31,000 – higher than £250,210 a year previously.

          That was the second-largest rise in more than 15 years, after prices increased by 13.3% in the year to June 2021, which was in part driven by a rush to take advantage of the stamp duty holiday put in place to boost the property market during the pandemic.

          Chris Jenkins, house prices statistician for the Office for National Statistics, said: “While annual growth nudged up again in April, this was mainly due to falls seen at this time last year from changes in the previous stamp duty holiday – Wales and Scotland saw the highest growth with London, again, growing the slowest.

          “Rental prices continued to grow steadily overall, but while still lagging other nations and regions, growth in London continues to pick up.”

          Despite rocketing house prices in many parts of the UK, some property experts are predicting the market could slow down in the coming months due to rising interest rates.

          The Bank of England recently raised interest rates for the fifth time in a row, to 1.25%, in a bid to put the brakes on rising prices by making borrowing more expensive.

          Sarah Coles, senior personal finance analyst at Hargreaves Lansdown, said this could be “as good as it gets” for property owners.

          She added: “These figures reflect house purchase decisions made much earlier, when we had only had the very first of the interest rate rises, and the full horror of the energy price cap hadn’t kicked in.

          “In many cases, buyers will have made an offer before the invasion of Ukraine, and well before it had a chance to feed so spectacularly into inflation.”

          Average house prices by month and local authority area – ordered by annual % change from highest to lowest

          Area

          Average price (April 2020)

          Average price (March 2022)

          Average price (April 2022)

          monthly % change

          Annual % change

          Orkney Islands

          164,318

          189,861

          220,739

          16.3%

          34.3%

          Na h-Eileanan Siar

          127,282

          154,164

          159,288

          3.3%

          25.1%

          Scottish Borders

          165,631

          194,404

          203,485

          4.7%

          22.9%

          Falkirk

          135,740

          160,032

          162,195

          1.4%

          19.5%

          Moray

          159,559

          179,923

          189,092

          5.1%

          18.5%

          Argyll and Bute

          154,391

          183,811

          180,810

          -1.6%

          17.1%

          East Renfrewshire

          246,145

          283,412

          287,351

          1.4%

          16.7%

          East Ayrshire

          105,079

          122,847

          122,334

          -0.4%

          16.4%

          Dumfries and Galloway

          138,917

          157,402

          159,211

          1.1%

          14.6%

          Clackmannanshire

          140,614

          158,153

          160,240

          1.3%

          14.0%

          North Ayrshire

          108,765

          120,856

          124,040

          2.6%

          14.0%

          Midlothian

          204,619

          228,473

          232,620

          1.8%

          13.7%

          South Ayrshire

          146,326

          165,037

          166,307

          0.8%

          13.7%

          Fife

          145,049

          167,439

          164,831

          -1.6%

          13.6%

          South Lanarkshire

          139,342

          158,155

          157,867

          -0.2%

          13.3%

          East Lothian

          255,913

          293,420

          289,711

          -1.3%

          13.2%

          Renfrewshire

          131,959

          147,236

          149,380

          1.5%

          13.2%

          North Lanarkshire

          116,936

          131,626

          132,424

          0.6%

          13.2%

          East Dunbartonshire

          231,480

          254,987

          260,038

          2.0%

          12.3%

          West Lothian

          175,779

          194,930

          196,887

          1.0%

          12.0%

          City of Edinburgh

          291,289

          323,419

          324,947

          0.5%

          11.6%

          Highland

          182,055

          202,036

          202,639

          0.3%

          11.3%

          West Dunbartonshire

          118,498

          130,498

          131,673

          0.9%

          11.1%

          Aberdeenshire

          184,831

          199,691

          204,087

          2.2%

          10.4%

          Perth and Kinross

          213,423

          229,318

          235,269

          2.6%

          10.2%

          City of Glasgow

          149,897

          163,510

          163,494

          0.0%

          9.1%

          Stirling

          210,345

          227,119

          226,732

          -0.2%

          7.8%

          Angus

          150,997

          161,002

          162,242

          0.8%

          7.4%

          City of Aberdeen

          139,339

          144,236

          147,562

          2.3%

          5.9%

          City of Dundee

          137,872

          141,497

          145,569

          2.9%

          5.6%

          Inverclyde

          107,589

          116,771

          111,462

          -4.5%

          3.6%

          Shetland Islands

          189,135

          185,637

          187,939

          1.2%

          -0.6%

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