Methodology

The s1homes Scottish House Price Report focuses on the Reality Gap, the difference between sellers’ expectations and what they actually achieve. Its aim is to provide property professionals, home buyers and home sellers with useful accurate information about the reality of the market in their area.

The data is collated and published each quarter for the previous calendar quarter.

s1homes asking price statistics are derived from the advertised asking price of residential properties (including new builds) live on s1homes on the 28th of the last month in the quarter. Using a snapshot ensures that price changes for individual properties which are advertised for a long period of time will be included, giving a clearer picture of fluctuations within the market as a whole.

The following listings are excluded from the data set:

  • Plots of land
  • Properties with an asking price of less than £20,000 or more than £1 million
  • Properties which are advertised as Price on Application

Trends are not presented for those regions where the underlying data is of insufficient size to ensure reasonable accuracy.

Average selling price statistics are taken from quarterly reports released by Registers of Scotland, to view the methodology visit https://www.ros.gov.uk/__data/assets/pdf_file/0020/3935/House-Price-Data-Guidance-for-Website-incl-HPI-updated-130616.pdf Registers of Scotland have no association with s1homes or this report.

Data Quality


All asking price data on s1homes.com is provided by estate agents/private sellers responsible for advertising that property. s1homes cannot be held responsible for the accuracy of this data. Asking price data is mined directly from the s1homes database and cleansed to remove duplicate listings and other anomalies.

 

Disclaimer


Whilst every effort is made to ensure information is correct, s1homes cannot guarantee the accuracy or completeness of the information. The report does not constitute legal or other professional advice. s1homes reserves the right to change methodology, discontinue or revise indices or other analysis at any time.

 

Copyright

s1homes figures and charts contained within the report is copyright s1homes.com. Content may be reproduced where sufficient credit to s1homes is given.

Contact

Esther Ballesteros, s1homes Brand Manager, 0141 302 7540