How East Dunbartonshire property prices fared in March

House prices dropped in East Dunbartonshire in March, new figures show.

​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.

Over 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:

Detached: 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.

By 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%