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Regional Property Market Update Autumn 2020: Scotland

Posted on: Tuesday, October 27, 2020


Each year around 4% of private housing changes ownership as people move home across the UK. In Scotland, the proportion is the highest of the UK nations at 5.2%. A swathe of activity over the summer, fuelled by home movers seeking a change, means sales levels for 2020 are likely to be better than many expected.

The most active housing markets in Scotland are currently in Midlothian, East Lothian and South Lanarkshire where over 6% of private housing has exchanged hands over the past year.

Home movers have led the resurgence in sales activity, COVID-19 changing buyer priorities

scotland_regional_property_market_report_autumn_2020

Strongest housing markets across Scotland

Property prices across Scotland were 2.9% higher year-on-year as the housing market reopened in June. Na h-Eileanan Siar is currently the top performer with growth of 12.1%. Activity across the UK has been brisk; nationally the average time taken to sell a property fell to 53 days this August, down from 62 days in August 2019. Sensible pricing remains crucial; correctly priced properties are nearly twice as likely to be sold ‘subject to contract’ within four months of listing than those that have had their asking price reduced. Homes in Scotland are taking, on average, just 35 days to sell.

Scotland Regional Property Market Report Autumn 2020 2

 

VIEW THE FULL SCOTLAND REGIONAL REPORT

 

Properties for sale in Scotland

Borrowstounness, West Lothian, 5 bedrooms

unique pebble large family home with landscaped front garden night with lights

This a substantial, unique and desirable family home is located in a quiet cul-de-sac, in the conservation village of Muirhouses. This property benefits from quick access to the M9 and the central belt motorway network. Edinburgh Airport is just 15 minutes away and nearby is the popular Royal Burgh of Linlithgow with trains to Edinburgh and Glasgow every 15 minutes during commuting times.

Linlithgow, West Lothian, 5 bedrooms

blonde sandstone mid-victorian farmhouse in village

This beautiful blonde sandstone farmhouse, which has been extended and improved, is set in a highly convenient and prominent location in Linlithgow. This traditional mid-Victorian farmhouse offers a wealth of charm, period features and character and comprises generous flexible family accommodation over three floors.

Borrowstounness, West Lothian, 1 bedroom

traditional grey sandstone Victorian terraced house with bay window Scotland

This traditional sandstone first-floor flat, benefits from spacious accommodation and great views across the River Forth. This property would be ideal for the first-time buyer or buy-to-let investor. This home is accessed from the rear of the main building, with the accommodation consisting of an entrance porch, hallway, living room, kitchen, dining room, bedroom and bathroom.

VIEW THE FULL SCOTLAND REGIONAL REPORT

 

Regional Reports

Click to see the market reports in other regions: 

●          Market Report 2020 Autumn South West

●          Market Report 2020 Autumn East Midlands

●          Market Report 2020 Autumn Essex, Norfolk and Suffolk (East)

●          Market Report 2020 Autumn Hertfordshire, Bedfordshire and Cambridgeshire (East)

●          Market Report 2020 Autumn London

●          Market Report 2020 Autumn North East and Yorkshire

●          Market Report 2020 Autumn North West and North Wales

●          Market Report 2020 Autumn Northern Ireland

●          Market Report 2020 Autumn South East Home Counties - Kent and East Sussex

●          Market Report 2020 Autumn Southern Home Counties - Surrey and West Sussex

●          Market Report 2020 Autumn Southern

●          Market Report 2020 Autumn Thames Valley, Berkshire, Oxfordshire and Buckinghamshire

●          Market Report 2020 Autumn West and South Wales

●          Market Report 2020 Autumn West Midlands and Wales

 

Contact us

If you want independent guidance on moving home or are looking for the best agent in your area, find your local Guild Member today.

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I would highly recommend Hardings Estate Agents. They have excellent knowledge of Windsor and the surrounding areas, and are extremely professional, responsive and courteous. I would not hesitate to using them again the future. I recently dealt with Milica who was instrumental in securing us our new home in Windsor as well as the sale of our existing property. She was a fab negotiator and a real pleasure to work with from beginning to end. Thank you!

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Hardings of Windsor managed our purchase with complete professionalism and went over and above in my opinion to manage the transaction and chain, resulting in a really smooth purchase. Milica at Hardings constantly provided timely updates and managed respective solicitors and the chain effectively, always responding quickly to queries. The whole transaction would not have happened without Milicas' focus on making all parties comfortable and satisfying all queries, not only professional but a delightful and welcoming personal approach that was a constant throughout. Thanks Hardings! Thanks Milica!

Stuart Blatch

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I would recommend using Hardings estate agents when buying or selling your property. Dominic (Scully) was always available, helpful and genuinely interested in my purchase and always calm and compassionate. If I ever move again my first choice will be Hardings.

Cath Powell

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Dom and the team at Hardings were so helpful and efficient when I purchased my flat - friendly and professional service and kept us up-to-date the whole way through the process. It was my first time buying and so was very nervous but they helped me feel at ease.

Freppell

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We bought and sold through Hardings and can't recommend their professional service enough. The whole Team are really lovely, we were kept informed throughout the process and never had to chase anything.

Natalie Quint

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I used Hardings when I bought my property as well as when I sold it and the service has been fantastic both times. I very much recommend Hardings!

Therese Jouini

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We recently purchased our new home with Hardings Estate Agents. The whole team there were very helpful and flexible with us, arranging viewings quickly on the same day. They were always quick to respond and if ever our point of contact was not there, the service did not change as they work well together as a team. We received a personalised service, which allowed the sale to proceed quickly. Thank you all and we recommend Hardings Estate Agents without hesitation.

Mike B

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What a pleasure it was to deal with Milica from Hardings. She sourced the perfect property for me and my family (while we were still abroad) and worked endlessly to put the deal together. I would give more than 5 stars if at all possible!

C D

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Fantastic customer service and made what could have been stressful a total breeze. Dominic and Louisa were brilliant in helping me and my parents buy and sell our houses - reliable, helpful and thoughtful. Thank you!

Eloise Harris

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Thank you, Dominic and Louisa - having not moved for over 30 years you helped me all the way, step by step. You were always polite, communicative, reassuring and very supportive. Would recommend Hardings wholeheartedly.

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A senior member of our sales team will visit your property to discuss current market trends and how your home; based on size, condition and location should be pitched to achieve the best possible price and buyer. Coupled with an excellent understanding of the local market we do a detailed analysis of what else has sold and what is coming onto the market so we can give you the best chance to capitalise on your biggest asset.

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