{"id":42,"date":"2024-06-05T08:57:44","date_gmt":"2024-06-05T08:57:44","guid":{"rendered":"https:\/\/www.wisepropertycare.com\/blog\/?p=42"},"modified":"2026-05-28T12:56:24","modified_gmt":"2026-05-28T12:56:24","slug":"scotland-house-price-growth-2024","status":"publish","type":"post","link":"https:\/\/www.wisepropertycare.com\/blog\/scotland-house-price-growth-2024\/","title":{"rendered":"Scotland outpaces England and Wales with strongest house price growth of 2024"},"content":{"rendered":"\n<p>According to the Walker Fraser Steele March House Price Index, Scotland saw its highest average house price growth for a year in March. House prices had previously fallen for five consecutive months, before rising by 1.4% in March. This is an average of a \u00a33,000 rise, which compares favourable to house price growth in England and Wales.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Summary of Report<\/h2>\n\n\n\n<p>The main headlines of the report are as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Strongest Scottish house price growth for a year at 1.4%<\/li>\n\n\n\n<li>Average Scottish house price now \u00a3223,525, an increase of 1.4% on February, and<br>1.9% annually<\/li>\n\n\n\n<li>21 local authorities reporting an increase in house prices.<\/li>\n\n\n\n<li>Sales closely matching year-earlier levels<\/li>\n\n\n\n<li>Average property prices in Midlothian above \u00a3300,000, the fifth local authority to achieve this feat<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Comments from Regional Development Director<\/h2>\n\n\n\n<p>Scott Jack, Regional Development Director at Walker Fraser Steele, commented the following in regards to the report\u2019s findings<\/p>\n\n\n\n<p><em>\u201cIn March, average property prices in Scotland increased by 1.4%, or almost \u00a33,000, following a five month decline. This was a far stronger performance than that witnessed in the English and Welsh markets. Scotland\u2019s average house price is currently just over \u00a3223,500, which is about \u00a3300 less than its high price from June 2023.<\/em><\/p>\n\n\n\n<p><em>\u201cIt\u2019s too early to assume the cost of living pressures are abating but mortgage pricing has been keen over the last couple of months as lenders fight for borrowers. With a general election due this year, we know housing is a key issue for voters and we may yet see some further promises made to buyers and owners before a vote later this year. That would give further impetus to this positive trajectory.\u201d<\/em><\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"736\" height=\"475\" src=\"https:\/\/www.wisepropertycare.com\/blog\/wp-content\/uploads\/2025\/05\/GettyImages-1391413216.jpg\" alt=\"Housing Prices rising\" class=\"wp-image-43\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.wisepropertycare.com\/blog\/wp-content\/uploads\/2025\/05\/GettyImages-1391413216.jpg 736w, https:\/\/www.wisepropertycare.com\/blog\/wp-content\/uploads\/2025\/05\/GettyImages-1391413216-300x194.jpg 300w\" sizes=\"auto, (max-width: 736px) 100vw, 736px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Time to Sell?<\/h2>\n\n\n\n<p>Spring tends to be a favourable time for buyers to look at properties, as the weather gets warmer and days longer. It\u2019s also a good time before people tend to go on holidays and schools finish for summer. With housing prices seeing its strongest rise of the year, it may be a good time to put your property on the market if you are considering selling. Before selling a property, it is recommended to fix any ongoing property issues that may result in the property\u2019s value decreasing. Some common property issues include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Structural defects<\/li>\n\n\n\n<li>Damp or <strong><a href=\"https:\/\/www.wisepropertycare.com\/dry-rot\/\">rot issues<\/a><\/strong><\/li>\n\n\n\n<li>Broken appliances<\/li>\n\n\n\n<li>Cosmetic flaws<\/li>\n<\/ul>\n\n\n\n<p>If your property requires remedial\u00a0<a href=\"https:\/\/www.wisepropertycare.com\/damp-proofing\/\"><strong>damp proofing<\/strong><\/a>, or treatments for wood rot or\u00a0<strong><a href=\"https:\/\/www.wisepropertycare.com\/woodworm\/\">woodworm<\/a><\/strong>, visit the\u00a0<a href=\"https:\/\/www.wisepropertycare.com\/\"><strong>Wise Property Care<\/strong><\/a>\u00a0website for more information on professional damp surveys and solutions.<\/p>\n\n\n\n<p><strong>References:<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-scottish-business-news wp-block-embed-scottish-business-news\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"eM9NBZnM00\"><a href=\"https:\/\/scottishbusinessnews.net\/scottish-house-prices-have-strongest-growth-for-a-year-outpacing-england-wales\/\">Scottish house prices have strongest growth for a year, outpacing England &#038; Wales<\/a><\/blockquote><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;Scottish house prices have strongest growth for a year, outpacing England &#038; Wales&#8221; &#8212; Scottish Business News\" src=\"https:\/\/scottishbusinessnews.net\/scottish-house-prices-have-strongest-growth-for-a-year-outpacing-england-wales\/embed\/#?secret=8KWzLHokak#?secret=eM9NBZnM00\" data-secret=\"eM9NBZnM00\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>According to the Walker Fraser Steele March House Price Index, Scotland saw its highest average house price growth for a year in March. House prices had previously fallen for five consecutive months, before rising by 1.4% in March. This is an average of a \u00a33,000 rise, which compares favourable to house price growth in England [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":43,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13,5],"tags":[40,42],"class_list":["post-42","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-damp-proofing","category-structural-repairs","tag-damp-proofing","tag-structural-repairs"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Scotland House Price Growth 2024: Expert Analysis | Wise<\/title>\n<meta name=\"description\" content=\"Scotland House Price Growth 2024: Get the latest insights and expert analysis from Wise Property Care. 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