Rettie Property Research Services

The Stirlingshire housing market continues to flourish against the backdrop of wider market challenges. Despite falling outside of the top 5 most expensive local authority areas in Scotland from the start of the year, Stirling remains comfortably inside the top 10 most expensive areas in Scotland, in 6th place.

South-West Fife offers a variety of lifestyle choices from the relatively remote countryside, accessible rural areas and the coastal villages fronting the Firth of Forth.

The latest Build to Rent (BTR) Market Review from Rettie shows that strong underlying market fundamentals have kept Scotland’s BTR sector alive, however, there has been very slow progress over the last year and no new investment in the sector for the best part of two years. While a number of schemes have achieved practical completion over the last 12 months, 2024 to date has seen the fewest number of new units entering the pipeline since 2015.

Over the last 12 months, 13 of the top 20 settlements in Scotland (ranked in terms of average house price) were located by the coast. Elie and Earlsferry took the number one spot with an average house price of £869,459. Gullane in East Lothian was second, with an average house price of £504,139, while St Andrews came in third, with prices averaging £490,361.

The East Lothian housing market is flourishing, boasting the second highest average house price in Scotland, trailing only behind Edinburgh. This growth, with a notable 2.8% increase in the past year, underscores the area’s appeal with its diverse lifestyle options and excellent transport links to both Edinburgh and London. We discuss in this briefing how these unique lifestyle opportunities have been pivotal in sustaining demand in the local market.

Over a quarter (28%) of households in Scotland face one or more forms of housing need, according to a new report.