Borders house prices show biggest rise in Scotland

HOUSE prices in the Borders saw the biggest rise in Scotland between April and June this year.

Latest official figures from the Registers of Scotland show that house prices in Scotland rose by 0.4% but in the Borders they increased by an average of 15.2 per cent compared with the previous year. The average house price in the region is now £187,046.

The average house price across Scotland is £153,820 - East Renfrewshire being the most expensive place to buy with average prices being £221,309.

The number of homes sold during the same period fell by more than 10%, said the Registers of Scotland (Ros). And the 9.5% fall in the price of houses in North Ayrshire means the average cost there is now £108,049.

Overall, 18 of the 32 local authority areas saw a drop in prices during the period surveyed. The total value of sales across Scotland fell by 10.5% over the year to £2.6bn with Edinburgh the largest market with properties worth a total of £389m sold over the three months between April and June.

The Ros figures cover all house sales in Scotland, including those bought and sold for cash.