House prices in Scotland ended 2015 up 2.5% on average, according to the latest figures from Your Move/Acadata, following a turbulent year of price fluctuation.
The December figures shown in the report indicate the average Scottish home now costs £170,000, up around £4,000 from the previous year. Regionally, Edinburgh topped the table, with an average price of £245,871, and Stirling experienced the highest annual increase, rising 11.1% over 12 months to £191,888 by the end of the year. Aberdeen suffered the most in 2015, with average prices falling 6.8% to £212,598.
However, Christine Campbell, Your Move managing director in Scotland, points out: “The increase over the year to December is still below the 4.4% rise in 2014, as growth was skewed by the introduction of the Land and Buildings Transaction Tax (LBTT).”
Speaking about the change in Aberdeen’s traditionally strong performance, she explains: "This decline has been driven by the drop in demand for homes in the area, as the tumbling oil price reduces employment and investment into the city. Aberdeen has also felt the negative effect of the introduction of the LBTT, as it's home to a large number of higher value properties which the tax hit hardest."
Church Hill Brae in Winchburgh, West Lothian (Barratt Homes)
Just five properties remain available at the final phase of this development on the outskirts of Edinburgh. Four three-bedroom homes and one four-bedroom house are for sale at the development and all qualify for funding through the newly re-launched Help to Buy (Scotland) scheme.
Anne Ross, sales director for Barratt Homes East Scotland, says: “Church Hill Brae has been a popular development, with house-hunters keen to take advantage of Winchburgh’s village setting and great transport links, which provide easy access to Edinburgh. With the introduction of Help to Buy for properties under the £230,000 threshold, now is the ideal time to buy at this fantastic development.”
Prices: From £170,995
Find out more about Church Hill Brae from Barratt Homes
Scholars Green in Johnstone, Renfrewshire (Persimmon Homes)
Work has just started on this £13m scheme on the former St Cuthbert’s School site, and the first homes will be offered for sale in March 2016. The development will comprise 144 two-, three-, four- and five-bedroom homes in a mix of terraced, semi-detached and detached styles, ensuring appeal to a wide range of buyers from first-timers to families and downsizers.
Doug Law, managing director at Persimmon Homes West Scotland, says: “We are excited to be starting work at Scholars Green and expect the first homes to become available to buy in March. The homes are in a great location and will suit a range of buyers with easy access to local schools and amenities as well as terrific motorway links and neighbouring Paisley. The development will feature an attractive area of central open space and residents will be able to enjoy its rural settings with views over the adjacent countryside.”
Find out more at www.persimmonhomes.com
St Andrews Brae in Bearsden, East Dunbartonshire (Miller Homes)
The last four homes are all that is now available for sale at this site, with a selection of four- and five-bedroom homes including two ‘Scott’ house types, a ‘Bruce’ and a ‘Burns’. Each new buyer will be able to take advantage of the housebuilder’s Part Exchange scheme and Miller Homes will pay the stamp duty – meaning a saving of up to £30,850 on the ‘Scott’ on plot 3.
Louise Caldwell, Miller Homes’ West of Scotland sales director says: “St Andrews Brae is a fantastic development and is situated in a much sought-after location. Each home is finished to an extremely high specification and the kerb appeal is evident as soon as you approach the development.
“The addition of Part Exchange and up to £30,850 paid for stamp duty on the ‘Scott’ on plot 3, new buyers thinking of making the move should do so quickly as large luxurious family homes at this price and in this ideal location, don’t stay on the market for long.”
The marketing suite on the site is open daily from 10.00am to 5.00pm.
Prices: From £449,995
Find out more at www.millerhomes.co.uk; 0808 250 6452
Dalmeny Park in South Queensferry, Edinburgh (CALA Homes)
The housebuilder has just opened its first show homes at this development with a special event with guest of honour Councillor Norman Work, who cut the ribbon and declared the apartments officially open to view.
The brand new one- and two-bedroom apartments allow for first-hand experience of the high-quality finish and latest designs, with light and spacious interiors throughout.
The current Home of the Month at Dalmeny Park, is Plot 268, a two-bedroom apartment priced at £210,000 which is now available with added incentives, including 100% Part Exchange or a 5% deposit contribution. A range of incentives for first-time buyers are also on offer on the one-bedroom apartments, a new release of which will be available this month.
Sarah Stanger, sales and marketing director at CALA Homes (East), says: “At Dalmeny Park, buyers know they get outstanding property for their money and the development is ideally situated in the beautiful town of South Queensferry, which provides commuters with incredible access to Scotland’s major cities.”
Prices: From £265,000
Find out more at www.cala.co.uk ; 01324 600268
Cherry Hill in Larkhill, South Lanarkshire (Lovell)
Two superb show homes will be opening on the launch weekend of Saturday and Sunday, 5 and 6 March, along with the marketing suite of this Clyde Valley development. Eleven reservations have already been made, even before doors officially open on the site, but current availability still starts from £127,500 for the two-bedroom mid-terrace ‘Tomatin’ house style.
The launch event, taking place from 10.00am to 4.30pm on both days of the weekend, is a first opportunity to see the site, meet the sales team and view the professionally interior designed properties. In addition, award-winning independent mortgage broker Clear Mortgage Solutions will be available at the launch event to offer mortgage advice and there will also be information about Help to Buy (Scotland), re-launching on new homes under £230,000 from 1 March 2016.
“The focus for both show homes is luxurious living and we think home-seekers are going to be stunned by the attention to detail,” says Lovell regional sales manager Helen Dow. “Both properties make a real impact, combining both practicality and style. The designers have worked from a palette of rich creams and neutral shades, offset with glamorous metallics such as gold and pewter.”
Prices: From £127,500
Find out more at www.lovellnewhomes.co.uk ; 01698 622028
Riverside Point in Braehead, Renfrewshire (Springfield)
This collection of detached and semi detached two-, three- and four-bedroom homes is located within walking distance of the main shopping streets of Renfrew, where you will find a good mix of bars, restaurants, takeaways, independent shops, banks and a supermarket. Glasgow city centre and the city’s airport are all within very easy reach.
Local schools include Kirklandneuk Primary, St James Primary, Newmains Primary, Renfrew High and Trinity High, and the new Braehead medical practice is also just a short walk away, while leisure options include Xscape, with its own indoor snow slope, a cinema complex (including IMAX) and a number of restaurants.
Prices: From £143,950
Find out more at www.springfield.co.uk ; 0141 886 7280