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Article: Scots house price rises are double UK average

Article from:
Evening Times
Article date:
October 10, 2006
Author:
Copyright

HOUSE prices in Scotland have soared to twice the UK average, new figures out today claim.

The average price of a property in Scotland is now close to GBP150,000, according to Government figures.

In August, average house price values in Scotland rose by more than three and a half times July's rate, indicating that a quarter point rise in UK base rates to 4.75-per cent in August has failed to stifle demand north of the border.

A typical house in Scotland now costs an average ...

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