Scotland’s cheapest and most expensive areas to a buy house revealed in latest report

SCOTLAND’S cheapest and most expensive areas to buy a home over the past year have been revealed.

The Registers of Scotland (ROS) annual report, which was published this week, tracks the median price of residential properties across Scotland’s 32 council areas in the last 12 months.

The ROS is a non-ministerial department of the Scottish Government and has recorded trends in residential and non-residential property sales for the last 20 years.

According to the annual report, Inverclyde had the lowest median house price between 2023 and 2024, at £107,108.

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Findings also showed the cost of homes in the region has risen by 13% over the last year.

East Ayrshire was second with a median price of £117,000 as the report shows that the value of homes has fallen by three per cent while West Dunbartonshire is third on the list at £121,000 with a rise of three per cent.

Rounding out the top five cheapest areas in Scotland for homes are North Ayrshire at £122,998 and North Lanarkshire at £135,000.

On the opposite end of the report, research showed that it wasn’t the Scottish capital with the highest median price of homes for a local authority in the last year.

That title belongs to East Lothian with a median of £283,227 as home values increased by three percent in the last year.

In second place is East Renfrewshire with the median residential property price at £280,000 and a 1% fall in home value.

Edinburgh, surprisingly, was third at £270,000 with an unchanged median home value since last year.

Completing the top five of the most expensive list is East Dunbartonshire at £260,000 and Midlothian at £255,000.