Scotland showed the biggest increase in house prices in the UK for 10 years

Scotland showed the biggest increase in house prices in the UK for 10 years

Real Estate in Scotland has risen most strongly in the UK over the past 10 years. According to the Bank of Scotland, prices in Aberdeen and Inverness increased by 94% and 70% (best value in the years 2002-2012). Two another Scottish cities - Dundee (73%) and Perth (70%) - also included in the top five.

Aberdeen has shown a sharp increase in prices because of the importance of the oil sector of the local economy. In this case, Stirling (35%) and Glasgow (45%) experienced the lowest increase in house prices among Scottish towns.

Prices in Scotland have increased on average by 38% from £ 125,276 in 2002 to £ 173,322 in 2012.