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Renfrewshire · report

Past price cycles in Renfrewshire

Sale prices have fallen by 3% or more 6 times since 2004. The deepest began in June 2008.

Deepest fall
−21.6%
Recovery from the low
91 months

Prices in Renfrewshire and the UK, indexed

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

  • Renfrewshire
  • United Kingdom
  • 100 = January 2004
Show the numbers
PeriodRenfrewshireUnited Kingdom
Aug 2026245.6216.4
Jul 2026247.9215.7
Jun 2026250.7214.5
May 2026250.4215.7
Apr 2026248.5214.7
Mar 2026249.5212.9
Feb 2026249.7213.5
Jan 2026251.7213.0
Dec 2025253.0212.4
Nov 2025254.1214.4
Oct 2025255.4213.8
Sep 2025257.7213.6
Aug 2025258.9214.4
Jul 2025252.3213.1
Jun 2025247.2211.4
May 2025239.9209.3
Apr 2025235.4206.2
Mar 2025233.5212.4
Feb 2025232.2209.8
Jan 2025237.5210.0
Dec 2024238.2209.2
Nov 2024239.0209.6
Oct 2024236.2210.2
Sep 2024233.6209.8
Aug 2024229.7210.1
Jul 2024226.9208.0
Jun 2024225.9205.7
May 2024228.0204.9
Apr 2024227.1203.3
Mar 2024224.6202.2
Feb 2024222.4201.8
Jan 2024222.7202.9
Dec 2023221.5203.0
Nov 2023224.5204.8
Oct 2023225.1206.2
Sep 2023225.9207.1
Aug 2023224.9208.1
Jul 2023222.8207.0
Jun 2023221.3204.7
May 2023219.1203.9
Apr 2023214.7203.3
Mar 2023212.5202.8
Feb 2023211.4205.1
Jan 2023213.6206.8
Dec 2022218.7208.6
Nov 2022222.7210.3
Oct 2022227.7210.6
Sep 2022227.7210.6
Aug 2022227.5210.1
Jul 2022224.1208.4
Jun 2022220.8204.6
May 2022212.6202.1
Apr 2022208.9199.8
Mar 2022210.2197.5
Feb 2022212.3196.8
Jan 2022212.4196.6
Dec 2021209.9194.3
Nov 2021210.6193.3
Oct 2021212.3189.6
Sep 2021207.8194.5
Aug 2021206.1188.9
Jul 2021204.8183.4
Jun 2021203.0192.4
May 2021198.7182.7
Apr 2021190.8181.5
Mar 2021190.7184.2
Feb 2021191.0181.5
Jan 2021194.4181.0
Dec 2020194.7181.0
Nov 2020192.0179.6
Oct 2020185.9177.8
Sep 2020179.4176.3
Aug 2020172.8174.5
Jul 2020174.7172.8
Jun 2020173.4171.4
May 2020177.6169.0
Apr 2020173.7168.1
Mar 2020177.7169.9
Feb 2020175.7168.4
Jan 2020177.3169.3
Dec 2019176.1169.2
Nov 2019176.3169.4
Oct 2019176.4170.0
Sep 2019177.1170.5
Aug 2019175.7170.4
Jul 2019177.0169.8
Jun 2019174.3167.9
May 2019177.0167.2
Apr 2019171.5167.0
Mar 2019169.9165.8
Feb 2019168.8166.3
Jan 2019171.2166.7
Dec 2018174.7167.7
Nov 2018172.8168.1
Oct 2018175.5168.8
Sep 2018175.1169.0
Aug 2018178.8169.3
Jul 2018178.4168.8
Jun 2018176.8166.7
May 2018172.0165.6
Apr 2018168.9164.9
Mar 2018168.9163.4
Feb 2018171.9164.4
Jan 2018175.2163.9
Dec 2017173.3164.5
Nov 2017170.9163.9
Oct 2017168.2164.3
Sep 2017173.6164.2
Aug 2017174.7164.8
Jul 2017172.9164.1
Jun 2017166.8162.0
May 2017161.5160.6
Apr 2017159.1159.6
Mar 2017156.5157.1
Feb 2017159.0157.5
Jan 2017160.5157.1
Dec 2016163.6157.3
Nov 2016164.6157.0
Oct 2016165.4156.3
Sep 2016165.0156.8
Aug 2016165.9157.1
Jul 2016164.9157.1
Jun 2016162.1155.4
May 2016156.3153.9
Apr 2016155.8152.2
Mar 2016159.3151.6
Feb 2016161.5150.1
Jan 2016162.2150.0
Dec 2015160.1149.6
Nov 2015161.0149.1
Oct 2015162.0148.0
Sep 2015161.5147.8
Aug 2015161.2147.5
Jul 2015160.3146.1
Jun 2015159.6143.7
May 2015157.2142.6
Apr 2015153.9141.1
Mar 2015154.3139.8
Feb 2015154.5139.3
Jan 2015151.7139.2
Dec 2014151.0139.9
Nov 2014151.7139.6
Oct 2014156.5140.1
Sep 2014156.9140.3
Aug 2014157.7140.1
Jul 2014155.2138.5
Jun 2014154.1136.6
May 2014151.1135.4
Apr 2014151.9134.0
Mar 2014151.0131.1
Feb 2014149.8130.6
Jan 2014150.4130.1
Dec 2013150.1129.9
Nov 2013150.9128.7
Oct 2013147.2128.0
Sep 2013150.8128.6
Aug 2013149.4128.5
Jul 2013148.4127.5
Jun 2013145.9126.0
May 2013145.0125.0
Apr 2013143.2124.4
Mar 2013142.6123.1
Feb 2013143.0122.4
Jan 2013146.0122.4
Dec 2012144.9123.3
Nov 2012148.7123.5
Oct 2012150.2123.4
Sep 2012150.9124.3
Aug 2012147.9124.8
Jul 2012149.2124.6
Jun 2012151.5124.1
May 2012158.1122.9
Apr 2012157.0122.5
Mar 2012158.9121.2
Feb 2012153.5120.8
Jan 2012154.7121.1
Dec 2011155.5122.0
Nov 2011158.0122.5
Oct 2011159.4122.4
Sep 2011160.3123.8
Aug 2011163.8124.1
Jul 2011163.0124.0
Jun 2011160.8122.5
May 2011161.1122.3
Apr 2011161.4122.8
Mar 2011160.5120.9
Feb 2011158.1121.5
Jan 2011157.9122.1
Dec 2010163.2123.2
Nov 2010166.3123.4
Oct 2010165.2124.9
Sep 2010161.6126.3
Aug 2010160.6126.6
Jul 2010165.5126.6
Jun 2010165.0125.3
May 2010163.3124.7
Apr 2010158.6124.1
Mar 2010158.4122.6
Feb 2010160.9122.6
Jan 2010166.8122.3
Dec 2009169.3122.7
Nov 2009162.9121.9
Oct 2009160.1121.5
Sep 2009155.8120.7
Aug 2009164.2119.7
Jul 2009164.4118.6
Jun 2009163.6116.5
May 2009155.9115.4
Apr 2009155.1113.8
Mar 2009157.0112.8
Feb 2009157.3113.5
Jan 2009159.2114.8
Dec 2008157.0117.5
Nov 2008158.5119.3
Oct 2008160.3122.8
Sep 2008160.9125.3
Aug 2008166.9128.6
Jul 2008173.1131.3
Jun 2008182.0132.7
May 2008181.6134.5
Apr 2008176.0133.7
Mar 2008170.6133.5
Feb 2008169.7134.5
Jan 2008169.7135.6
Dec 2007173.3138.1
Nov 2007174.7138.3
Oct 2007175.1138.4
Sep 2007177.4138.7
Aug 2007176.9138.6
Jul 2007175.4137.8
Jun 2007174.9136.0
May 2007172.5134.6
Apr 2007173.3133.0
Mar 2007165.6130.4
Feb 2007164.3129.4
Jan 2007159.2129.0
Dec 2006158.8129.1
Nov 2006158.0127.5
Oct 2006155.4126.8
Sep 2006153.9126.1
Aug 2006151.1125.6
Jul 2006152.2124.6
Jun 2006149.4122.8
May 2006145.3121.6
Apr 2006140.4120.5
Mar 2006140.4117.9
Feb 2006141.2117.0
Jan 2006142.3116.8
Dec 2005141.5117.0
Nov 2005143.9116.3
Oct 2005142.1116.0
Sep 2005142.2116.2
Aug 2005138.6116.4
Jul 2005137.2115.9
Jun 2005136.5114.4
May 2005132.4113.5
Apr 2005128.0112.3
Mar 2005122.8110.8
Feb 2005120.7109.9
Jan 2005120.8110.0
Dec 2004118.3110.0
Nov 2004119.4110.9
Oct 2004120.3111.0
Sep 2004122.2110.2
Aug 2004120.3110.4
Jul 2004117.5109.2
Jun 2004112.7106.9
May 2004109.9105.0
Apr 2004102.3103.8
Mar 200499.899.3
Feb 200495.899.0
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 2004−4.2%12
September 2004December 2004−3.2%33
September 2007February 2008−4.4%53
June 2008March 2013−21.6%5791
September 2022February 2023−7.2%515
August 2025August 2026−5.2%12Not yet

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 Renfrewshire

Next 12 months

Sale prices have an 80% chance of landing between £138,942 and £171,963 by August 2027.

Expected, August 2027
£155,453
Chance of a rise
43%

Affordability

At the average sale price, a home costs £157,738. With 10% down and a 30-year mortgage, the payment is £728 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: Renfrewshire 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

42.4% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
457
Per 1,000 residents
2.4

Foreign buyers

Figures for United Kingdom: Renfrewshire 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 628 while 572 homes were finished: 1.1 new residents for every new home.

New residents per new home, 2025
1.1
Population change, 2025
+628

Renovation

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

Homes from existing buildings, 2026
0%