How East Dunbartonshire property prices fared in March


But the drop does not reverse the longer-term trend, which has seen property prices in the area achieve 3.7% annual growth.
The average East Dunbartonshire house price in March was £215,671, Land Registry figures show – a 0.3% decrease on February.
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Hide AdOver the month, the picture was worse than that across Scotland, where prices increased 0.4%, and East Dunbartonshire underperformed compared to the 0.2% drop for the UK as a whole.
Over the last year, the average sale price of property in East Dunbartonshire rose by £7,800 – putting the area ninth among Scotland’s 32 local authorities for annual growth.
The best annual growth in the region was in the Scottish Borders, where properties increased on average by 12.3%, to £163,000. At the other end of the scale, properties in Orkney Islands dropped 6.0% in value, giving an average price of £131,000.
Winners and Losers
Owners of terraced houses fared worst in East Dunbartonshire in March – they dropped 0.6% in price, to £159,837 on average. But over the last year, prices rose by 3.7%.
Among other types of property:
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Hide AdDetached: down 0.2% monthly; up 4.4% annually; £377,431 average
Semi-detached: remained level over the month; up 4.7% annually; £224,974 average
Flats: down 0.5% monthly; up 1.7% annually; £120,094 average
First steps on the property ladder
First-time buyers in East Dunbartonshire spent an average of £160,100 on their property – £4,800 more than a year ago, and £28,500 more than in March 2015.
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Hide AdBy comparison, former owner-occupiers paid £256,400 on average in March – 60.1% more than first-time buyers.
How do property prices in East Dunbartonshire compare?
Buyers paid 42.0% more than the average price in Scotland (£152,000) in March for a property in East Dunbartonshire. Across Scotland, property prices are lower than those across the UK, where the average cost £232,000.
The most expensive properties in Scotland were in Edinburgh – £270,000 on average, and 1.3 times as much as in East Dunbartonshire. Edinburgh properties cost 2.8 times as much as homes in East Ayrshire (£95,000 average), at the other end of the scale.
The highest property prices across the UK were in Kensington and Chelsea, where the average March sale price of £1.4 million could buy 16 properties in Burnley (average £86,000).
Factfile
Average property price in March
East Dunbartonshire: £215,671
Scotland: £151,856
UK: £231,855
Annual growth to March
East Dunbartonshire: +3.7%
Scotland: +1.5%
UK: +2.1%
Best and worst annual growth in Scotland
The Scottish Borders: +12.3%
Orkney Islands: -6.0%
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