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Stirling House Prices Rocket

Sell My House Quickly in Stirling

Sell My House Quickly found another interesting article about properties in Stirling. Stirling house prices rocket despite pandemic pressures. The latest information has revealed that the average property in the region cost just short of £240,000 in December.

Stirling House Prices RocketThe average price of a property in Stirling has shot up by more than 10 per cent in a year – despite the financial strains on many during the pandemic.

The latest Scottish House Price Index data has revealed that prices locally are the sixth highest in the country, with a pad costing on average £238,388 in December 2020.

It marks an increase of 10.5 per cent on the same figure in December 2019 and puts Stirling as the sixth most expensive area to live in across Scotland.

Stirling also comes in as the second priciest of Scotland’s seven cities to live in, with only Edinburgh having a higher average property price at the end of the year.

Overview

The jump in house prices is reflected on a national basis, with transactions in October and November 2020 sitting at their highest levels for six years.

The annual price growth of 8.5 per cent is also the highest since March 2015, with Scotland’s average price going past the £200,000 mark.

“This new record follows a year of extraordinary growth in the Scottish market. The average price increased by over eight per cent during the last year and 11 per cent over the last two years.

“Working from home while cutting out the costs of commuting and socialising has provided an unexpected opportunity for some to save towards a deposit for a property.”

We found this article about Stirling house prices rocket despite pandemic pressures on Daily Record. Kindly click the link to read the full story.

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