Towns in Lanarkshire witnessed both the highest and lowest average yearly house price increases in Scotland during 2021.
Motherwell, Hamilton, Airdrie and Coatbridge all feature in sales data tables published by the Bank of Scotland.
House prices in Motherwell increased by more than any other place in the country. In cash terms the average price of a property there jumped by £26,103.
Last year the average price in the North Lanarkshire town rose from £151,105 in 2020 to £177,118 this year (2021).
The increase was revealed in data taken from the Halifax and Bank of Scotland (HBOS) House Price database which covers the 12 months to October each year.
In 2020, only two towns in Scotland showed average price rises in the HBOS data, this year there were 15 which witnessed increases.
Not only did Motherwell have the highest price increase but it also witnessed the highest percentage increase in Scotland at 17.3 per cent.
Hamilton saw the second highest cash increase up to £159,176 from £139,951 the previous year, a rise of £19,225 or 13.7 in percentage terms.
Motherwell and Hamilton were the only places in Scotland to feature in the top 20 of the UK’s highest price increases.
Motherwell came in at number seven across the United Kingdom while Hamilton was placed at number 20.
Two North Lanarkshire towns showed the lowest rate of growth according to the Bank of Scotland data, average house prices in Airdrie decreased by 3.8 per cent – down to £150,874 from £156,897 in 2020. And in Coatbridge the average price dropped from £149,315 to £145,880, that was down by 2.3 per cent on the previous year.
Edinburgh and Glasgow were ninth and 10th respectively in the places to show the lowest average growth rates.
So-called "satellite" towns such as Paisley and Livingston witnessed higher price increases than their larger city neighbours.
The average rise across Scotland was 8.8 per cent, with prices increasing from £191,017 in 2020 to £207,778.
Graham Blair, Mortgages Director, Bank of Scotland, said: “Scottish house prices have enjoyed another bumper year, with growth outperforming the UK average and properties in almost every town now worth more than 12 months ago.
“The feedback we’re getting from customers matches what we see in the data. Prolonged working from home has influenced where people want to live and the type of property they want to own.
"So while our major cities continue to be attractive, with commuting now less of a priority, areas that offer more space and better affordability have experienced increasing demand from buyers.”
**Don't miss the latest headlines from around Lanarkshire. Sign up to our newsletters here.
And did yo u know Lanarkshire Live is on Facebook? Head over to our page to give us a like and share.
