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North Lanarkshire · report

Past price cycles in North Lanarkshire

Sale prices have fallen by 3% or more 7 times since 2004. The deepest began in June 2008.

Deepest fall
−17.6%
Recovery from the low
49 months

Prices in North Lanarkshire and the UK, indexed

Average sale prices, both set to 100 in January 2004.

  • North Lanarkshire
  • United Kingdom
  • 100 = January 2004
Show the numbers
PeriodNorth LanarkshireUnited Kingdom
Aug 2026272.0216.4
Jul 2026267.9215.7
Jun 2026265.8214.5
May 2026260.7215.7
Apr 2026258.1214.7
Mar 2026254.0212.9
Feb 2026258.6213.5
Jan 2026262.8213.0
Dec 2025267.3212.4
Nov 2025265.4214.4
Oct 2025263.0213.8
Sep 2025262.1213.6
Aug 2025261.7214.4
Jul 2025258.4213.1
Jun 2025254.3211.4
May 2025251.0209.3
Apr 2025247.5206.2
Mar 2025247.0212.4
Feb 2025244.8209.8
Jan 2025247.6210.0
Dec 2024245.1209.2
Nov 2024246.5209.6
Oct 2024246.7210.2
Sep 2024247.4209.8
Aug 2024247.0210.1
Jul 2024242.3208.0
Jun 2024242.4205.7
May 2024239.9204.9
Apr 2024236.7203.3
Mar 2024233.9202.2
Feb 2024230.1201.8
Jan 2024232.2202.9
Dec 2023230.9203.0
Nov 2023232.9204.8
Oct 2023235.0206.2
Sep 2023234.3207.1
Aug 2023235.6208.1
Jul 2023232.2207.0
Jun 2023231.8204.7
May 2023229.7203.9
Apr 2023224.8203.3
Mar 2023224.7202.8
Feb 2023224.9205.1
Jan 2023232.4206.8
Dec 2022232.7208.6
Nov 2022234.4210.3
Oct 2022232.2210.6
Sep 2022233.9210.6
Aug 2022233.8210.1
Jul 2022232.3208.4
Jun 2022228.4204.6
May 2022223.2202.1
Apr 2022219.6199.8
Mar 2022219.2197.5
Feb 2022215.8196.8
Jan 2022215.0196.6
Dec 2021213.2194.3
Nov 2021215.1193.3
Oct 2021216.8189.6
Sep 2021215.9194.5
Aug 2021215.2188.9
Jul 2021212.7183.4
Jun 2021206.3192.4
May 2021201.7182.7
Apr 2021197.9181.5
Mar 2021200.9184.2
Feb 2021198.3181.5
Jan 2021198.2181.0
Dec 2020196.9181.0
Nov 2020197.6179.6
Oct 2020194.1177.8
Sep 2020189.9176.3
Aug 2020189.4174.5
Jul 2020189.9172.8
Jun 2020187.2171.4
May 2020186.3169.0
Apr 2020184.5168.1
Mar 2020185.2169.9
Feb 2020183.8168.4
Jan 2020183.4169.3
Dec 2019186.2169.2
Nov 2019186.1169.4
Oct 2019188.9170.0
Sep 2019188.8170.5
Aug 2019188.3170.4
Jul 2019186.6169.8
Jun 2019184.5167.9
May 2019184.9167.2
Apr 2019183.3167.0
Mar 2019182.3165.8
Feb 2019183.1166.3
Jan 2019179.6166.7
Dec 2018181.4167.7
Nov 2018181.7168.1
Oct 2018185.7168.8
Sep 2018185.7169.0
Aug 2018183.5169.3
Jul 2018184.8168.8
Jun 2018183.9166.7
May 2018183.8165.6
Apr 2018178.9164.9
Mar 2018177.5163.4
Feb 2018176.6164.4
Jan 2018178.0163.9
Dec 2017177.7164.5
Nov 2017176.3163.9
Oct 2017173.8164.3
Sep 2017172.9164.2
Aug 2017174.4164.8
Jul 2017176.3164.1
Jun 2017176.5162.0
May 2017171.9160.6
Apr 2017167.7159.6
Mar 2017165.8157.1
Feb 2017166.3157.5
Jan 2017169.8157.1
Dec 2016169.9157.3
Nov 2016173.8157.0
Oct 2016173.4156.3
Sep 2016174.7156.8
Aug 2016174.0157.1
Jul 2016172.6157.1
Jun 2016172.7155.4
May 2016167.7153.9
Apr 2016168.0152.2
Mar 2016165.2151.6
Feb 2016163.7150.1
Jan 2016163.7150.0
Dec 2015163.0149.6
Nov 2015165.2149.1
Oct 2015162.0148.0
Sep 2015162.4147.8
Aug 2015162.0147.5
Jul 2015164.4146.1
Jun 2015165.4143.7
May 2015166.2142.6
Apr 2015161.0141.1
Mar 2015157.4139.8
Feb 2015153.0139.3
Jan 2015153.0139.2
Dec 2014151.5139.9
Nov 2014152.8139.6
Oct 2014154.1140.1
Sep 2014155.7140.3
Aug 2014154.8140.1
Jul 2014157.2138.5
Jun 2014159.0136.6
May 2014156.6135.4
Apr 2014151.8134.0
Mar 2014147.2131.1
Feb 2014149.7130.6
Jan 2014150.4130.1
Dec 2013150.7129.9
Nov 2013148.9128.7
Oct 2013150.0128.0
Sep 2013149.7128.6
Aug 2013150.5128.5
Jul 2013151.9127.5
Jun 2013150.7126.0
May 2013149.8125.0
Apr 2013148.3124.4
Mar 2013150.3123.1
Feb 2013151.6122.4
Jan 2013151.0122.4
Dec 2012150.2123.3
Nov 2012151.3123.5
Oct 2012152.6123.4
Sep 2012155.7124.3
Aug 2012155.6124.8
Jul 2012155.5124.6
Jun 2012153.0124.1
May 2012150.1122.9
Apr 2012149.1122.5
Mar 2012149.5121.2
Feb 2012151.8120.8
Jan 2012153.6121.1
Dec 2011155.6122.0
Nov 2011159.0122.5
Oct 2011159.9122.4
Sep 2011162.3123.8
Aug 2011163.4124.1
Jul 2011163.1124.0
Jun 2011161.4122.5
May 2011157.5122.3
Apr 2011158.0122.8
Mar 2011157.8120.9
Feb 2011161.5121.5
Jan 2011161.6122.1
Dec 2010165.0123.2
Nov 2010165.4123.4
Oct 2010165.7124.9
Sep 2010167.1126.3
Aug 2010165.3126.6
Jul 2010164.9126.6
Jun 2010164.2125.3
May 2010162.6124.7
Apr 2010160.6124.1
Mar 2010160.2122.6
Feb 2010160.3122.6
Jan 2010162.6122.3
Dec 2009161.4122.7
Nov 2009163.3121.9
Oct 2009164.9121.5
Sep 2009165.2120.7
Aug 2009165.7119.7
Jul 2009169.2118.6
Jun 2009168.2116.5
May 2009170.9115.4
Apr 2009162.8113.8
Mar 2009166.5112.8
Feb 2009161.8113.5
Jan 2009167.9114.8
Dec 2008165.1117.5
Nov 2008167.0119.3
Oct 2008168.5122.8
Sep 2008170.3125.3
Aug 2008173.7128.6
Jul 2008175.9131.3
Jun 2008178.6132.7
May 2008178.5134.5
Apr 2008177.2133.7
Mar 2008170.2133.5
Feb 2008170.5134.5
Jan 2008168.3135.6
Dec 2007172.0138.1
Nov 2007174.6138.3
Oct 2007177.1138.4
Sep 2007177.5138.7
Aug 2007173.5138.6
Jul 2007172.0137.8
Jun 2007171.1136.0
May 2007167.6134.6
Apr 2007158.4133.0
Mar 2007154.8130.4
Feb 2007156.4129.4
Jan 2007159.1129.0
Dec 2006157.9129.1
Nov 2006155.2127.5
Oct 2006155.9126.8
Sep 2006156.1126.1
Aug 2006157.2125.6
Jul 2006156.0124.6
Jun 2006155.8122.8
May 2006149.8121.6
Apr 2006143.5120.5
Mar 2006137.2117.9
Feb 2006137.5117.0
Jan 2006141.0116.8
Dec 2005143.0117.0
Nov 2005144.8116.3
Oct 2005141.1116.0
Sep 2005140.9116.2
Aug 2005135.5116.4
Jul 2005136.5115.9
Jun 2005132.8114.4
May 2005131.4113.5
Apr 2005125.4112.3
Mar 2005120.7110.8
Feb 2005119.5109.9
Jan 2005118.2110.0
Dec 2004118.9110.0
Nov 2004116.3110.9
Oct 2004114.3111.0
Sep 2004115.3110.2
Aug 2004114.9110.4
Jul 2004117.7109.2
Jun 2004115.1106.9
May 2004113.2105.0
Apr 2004104.5103.8
Mar 2004100.599.3
Feb 200495.999.0
Jan 2004100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
January 2004February 2004−4.1%11
November 2005March 2006−5.3%42
September 2007January 2008−5.2%44
June 2008March 2014−17.6%6949
September 2018January 2019−3.3%46
November 2022March 2023−4.1%45
December 2025March 2026−5.0%34

The UK House Price Index goes back to 1968 for the UK, its nations and England's regions, to 1995 for councils in England and Wales, to 2004 in Scotland and to 2005 in Northern Ireland, where it is quarterly. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for North Lanarkshire

Next 12 months

Sale prices have an 80% chance of landing between £164,274 and £188,670 by August 2027.

Expected, August 2027
£176,472
Chance of a rise
95%

Affordability

At the average sale price, a home costs £161,163. With 10% down and a 30-year mortgage, the payment is £744 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
11%
Payment, one income
22%

Buy or rent

Figures for Scotland: North Lanarkshire has no reliable figures of its own.

Owning the average home costs less each month than renting it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£1,011
Owning per month
£934

New homes

11.6% more homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
1,036
Per 1,000 residents
3.0

Foreign buyers

Figures for United Kingdom: North Lanarkshire has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

People and new homes

In 2025 the population grew by 382 while 909 homes were finished: 0.4 new residents for every new home.

New residents per new home, 2025
0.4
Population change, 2025
+382

Renovation

In 2026, 0% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2026
0%