Scotland · report
House prices in Scotland: the next 12 months
Sale prices have an 80% chance of landing between £203,987 and £228,571 by August 2027.
- Expected, August 2027
- £216,279
- Chance of a rise
- 97%
Scotland: five years of prices and the expected path
Average sale price per home, £, monthly, with the next 12 months' expected path
- Scotland
- United Kingdom
- Expected path
- 80% range
Show the numbers
| Period | Scotland | United Kingdom |
|---|---|---|
| Aug 2027 · Expected path | £216,279 (£203,987–£228,571) | £280,154 |
| Jul 2027 · Expected path | £214,789 (£203,142–£226,436) | £279,560 |
| Jun 2027 · Expected path | £213,299 (£202,311–£224,286) | £278,967 |
| May 2027 · Expected path | £211,808 (£201,497–£222,120) | £278,374 |
| Apr 2027 · Expected path | £210,318 (£200,703–£219,933) | £277,781 |
| Mar 2027 · Expected path | £208,828 (£199,935–£217,721) | £277,188 |
| Feb 2027 · Expected path | £207,338 (£199,200–£215,476) | £276,595 |
| Jan 2027 · Expected path | £205,848 (£198,506–£213,190) | £276,002 |
| Dec 2026 · Expected path | £204,358 (£197,870–£210,845) | £275,409 |
| Nov 2026 · Expected path | £202,867 (£197,319–£208,416) | £274,816 |
| Oct 2026 · Expected path | £201,377 (£196,904–£205,850) | £274,223 |
| Sep 2026 · Expected path | £199,887 (£196,765–£203,009) | £273,630 |
| Aug 2026 | £198,397 | £273,037 |
| Jul 2026 | £196,582 | £272,146 |
| Jun 2026 | £193,790 | £270,690 |
| May 2026 | £196,363 | £272,221 |
| Apr 2026 | £192,686 | £270,966 |
| Mar 2026 | £188,420 | £268,631 |
| Feb 2026 | £188,651 | £269,423 |
| Jan 2026 | £189,219 | £268,814 |
| Dec 2025 | £189,526 | £268,002 |
| Nov 2025 | £193,296 | £270,472 |
| Oct 2025 | £193,157 | £269,819 |
| Sep 2025 | £193,545 | £269,556 |
| Aug 2025 | £192,794 | £270,575 |
| Jul 2025 | £191,951 | £268,843 |
| Jun 2025 | £190,959 | £266,796 |
| May 2025 | £187,312 | £264,078 |
| Apr 2025 | £186,736 | £260,162 |
| Mar 2025 | £183,642 | £268,019 |
| Feb 2025 | £182,421 | £264,771 |
| Jan 2025 | £185,315 | £264,936 |
| Dec 2024 | £181,800 | £263,991 |
| Nov 2024 | £184,775 | £264,515 |
| Oct 2024 | £185,664 | £265,252 |
| Sep 2024 | £184,496 | £264,750 |
| Aug 2024 | £186,285 | £265,085 |
| Jul 2024 | £185,882 | £262,479 |
| Jun 2024 | £181,219 | £259,585 |
| May 2024 | £180,418 | £258,565 |
| Apr 2024 | £180,647 | £256,478 |
| Mar 2024 | £177,778 | £255,082 |
| Feb 2024 | £175,883 | £254,633 |
| Jan 2024 | £179,248 | £255,972 |
| Dec 2023 | £176,538 | £256,177 |
| Nov 2023 | £179,184 | £258,368 |
| Oct 2023 | £180,051 | £260,129 |
| Sep 2023 | £180,364 | £261,318 |
| Aug 2023 | £182,593 | £262,602 |
| Jul 2023 | £181,013 | £261,182 |
| Jun 2023 | £177,705 | £258,275 |
| May 2023 | £179,854 | £257,330 |
| Apr 2023 | £175,512 | £256,479 |
| Mar 2023 | £173,352 | £255,885 |
| Feb 2023 | £171,282 | £258,788 |
| Jan 2023 | £175,092 | £260,941 |
| Dec 2022 | £175,560 | £263,190 |
| Nov 2022 | £180,523 | £265,299 |
| Oct 2022 | £182,341 | £265,693 |
| Sep 2022 | £181,639 | £265,727 |
| Aug 2022 | £183,378 | £265,124 |
| Jul 2022 | £182,979 | £262,904 |
| Jun 2022 | £181,120 | £258,118 |
| May 2022 | £177,326 | £255,040 |
| Apr 2022 | £175,109 | £252,167 |
| Mar 2022 | £171,510 | £249,232 |
| Feb 2022 | £170,905 | £248,309 |
| Jan 2022 | £173,589 | £248,031 |
| Dec 2021 | £169,213 | £245,189 |
| Nov 2021 | £172,873 | £243,930 |
| Oct 2021 | £170,955 | £239,236 |
| Sep 2021 | £170,829 | £245,371 |
What the model expects
The central estimate at each horizon, and the range prices land in 8 times out of 10.
| Horizon | Expected | 80% range | Chance of a rise | Chance of beating inflation |
|---|---|---|---|---|
| In 3 months (November 2026) | £202,867 | £197,319 – £208,416 | 85% | 74% |
| In 4 months (December 2026) | £204,358 | £197,870 – £210,845 | 88% | 77% |
| In 12 months (August 2027) | £216,279 | £203,987 – £228,571 | 97% | 87% |
The outlook carries the region's own monthly price history forward: the recent trend and how far prices usually stray from it. It knows nothing about interest-rate decisions, new laws or local projects, so read it as a description of momentum, not a forecast to act on.
Other reports for Scotland
At the average sale price, a home costs £198,397. With 10% down and a 30-year mortgage, the payment is £915 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
- 14%
- Payment, one income
- 28%
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
20.7% fewer homes were started in the last 12 months than in an average year of the past decade.
- Started, 12 months
- 15,543
- Per 1,000 residents
- 2.8
Figures for United Kingdom: Scotland 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%
Sale prices have fallen by 3% or more 18 times since 1968. The deepest began in May 2008.
- Deepest fall
- −17.5%
- Recovery from the low
- 53 months
In 2025 the population grew by 1,774 while 17,794 homes were finished: 0.1 new residents for every new home.
- New residents per new home, 2025
- 0.1
- Population change, 2025
- +1,774
In 2026, 2% of the homes added came from existing buildings rather than new ones.
- Homes from existing buildings, 2026
- 2%