Bank of Scotland

Country property prices rise by most in Scotland

26 November 2010

Rural homeowners have seen the value of their property more than double over the past decade, according to research by the Bank of Scotland. Based on Bank of Scotland's own data, the average house price in rural Scotland rose by 130% (£93,561) from £71,872 in 2000 to £165,433 in 2010 – equivalent to a weekly increase of £180. The rise in rural house prices was greater than the increase in property prices in urban areas (112%). The average rural house price is now 20% higher than the average urban house price compared with 10% higher in 2000.

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