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    Scottish house values continue to fall


    Scottish house values continue to fallThe Scottish property market is showing some signs of improvement, it has been reported.

    Although figures from Lloyds TSB Scotland revealed that values for the average home fell 1.4 per cent in the second quarter of this year to stand at £152,561, such a decline is an improvement from the 4.3 per cent fall recorded in the previous three-month period.

    However, the period between April and June has seen some significant price rises with property values in Dundee increasing by more than a fifth, while Glasgow has posted growth of 5.9 per cent.

    Those looking to take steps to further increase the value of their home may want to consider tackling DIY projects to help attract would-be buyers.

    "There are positive signs that not only has the bottom been reached but that a recovery is beginning to take root," Professor Donald MacRae, chief economist for Lloyds TSB Scotland, states.

    Meanwhile, the National Housing Federation recently claimed that although the value of the average UK home is set to fall 12.2 per cent this year, consecutive rises between 2011 and 2014 will see the typical property price come to £227,800.ADNFCR-2244-ID-19313596-ADNFCR

    N.B. The information contained in this story is provided by the supplier and does not necessarily reflect the views and opinions of lets-do-diy.com.


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