Scotland’s housing market continued to gain momentum in September, with average house prices rising by £2,000 (0.9%) compared with August, according to the latest Walker Fraser Steele Acadata House Price Index. This increase takes the average property price to a new record of £233,081, following two consecutive months of steady gains.
Transaction activity also shows positive signs. Estimated sales in August reached their highest level for three years, suggesting demand remains firm despite wider economic challenges. Early indications for September point to continued strength, supported by easing mortgage rates and a steady flow of buyers returning to the market.
Scotland faces many of the same uncertainties as the rest of the UK, but its market appears relatively insulated. Factors supporting this resilience include:
Younger first-time buyers compared with other parts of the UK
Lower average property prices, supporting affordability
Greater use of the Mortgage Guarantee Scheme and Lifetime ISA (LISA), providing additional routes into ownership
Together, these elements help explain why Scotland’s housing market is performing more strongly than England and Wales. However, sustained price growth can gradually reduce affordability for those on the margins, highlighting the ongoing need to increase new housing supply.
Scott Jack, regional development director at Walker Fraser Steele, commented on the regional picture:
“Price growth is evident nationwide. Five local authorities, including East Renfrewshire and Fife, set new highs in September, bringing the total to 19 authorities that have hit records at some point in 2025. While monthly movements vary, the overall picture contrasts sharply with the subdued performance seen in England and Wales, according to Acadata figures.”
