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House values up 12%

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By Fiona Reid
Annan and Eskdale
House values up 12%

HOUSE prices in Dumfries and Galloway rose by 12.3 per cent over the last year.

And it was the highest annual increase on the Scottish mainland between May 2017 and May 2018.

The average home in this region now costs £149,434.

However, the local market still has some way to go until it catches up with the average home value in Scotland, which is £183,626.

Commenting, Christine Campbell, Your Move managing director in Scotland, said: “The Scottish market goes from strength to strength, with Edinburgh driving growth, but excellent performance found across the country. With property in Scotland still very affordable, it is possible this will continue, too.”

Meanwhile, the figures from Your Move Scotland also revealed that property prices in Dumfries and Galloway dropped by 1.2 per cent between April and May of this year.

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