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Scotland houses UK’s highest-growth cities: Housesimple

Data from Housesimple shows that, from the start of 2018 to September, Glasgow and Edinburgh topped the house price growth chart, recording a 9.1 per cent and 9 per cent increase, respectively.

This translates to house prices rises in Glasgow from £126,016 to £137,507, and in Edinburgh, £242,807 to £264,745.

Across the UK, average house prices have risen 3.6 per cent in 2018, from £224,502 to £232,554.

The online estate agent outlines that, although London overall has seen price growth slow in recent months, several boroughs have seen positive growth.

The average property value in the Royal Borough of Kensington and Chelsea is up 10.1 per cent from £1,360,361 to £1,498,077.

Wolverhampton saw the largest increase in England excluding London boroughs, with average house prices rising 7.9 per cent from £143,961 to £155,400.

However, there has been a distinct lack of growth in certain areas across the UK, with the borough of the City of Westminster experiencing a 9.7 per cent decline and Watford seeing a 9 per cent slump in the average house price.

HouseSimple chief executive officer Sam Mitchell says: “There’s been a great deal of focus on the housing market cooling off in recent months, but it might surprise some people to know that our research shows that average house prices are actually higher than they were at the start of the year in more than 80 per cent of major UK towns and cities.

“We are now coming into a traditionally quiet period for property transactions, which was expected to be quieter as a result of the Brexit vote.”



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