Average property prices in north-east fall in 2020 : vimarsa

Average property prices in north-east fall in 2020


Average property prices in north-east fall in 2020
Updated: 28/12/2020, 5:25 pm
Average house prices in Aberdeen fell in 2020.
The average house price in Aberdeen has dropped by more than £2,500 in the last year, according to a major lender.
A report by Bank of Scotland shows that the average cost of a home in the Granite City in 2019 was £203,571 but fell to £200,810 in 2020.
The average house price in Inverurie also dropped from 2019 with the 2020 figure sitting at £231,168 compared to £238,003 the previous year.
Bank of Scotland has said Aberdeen has experienced the fifth biggest drop in Scotland with Inverurie third.
Only Livingston and Motherwell registered bigger falls this year.

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