Aberdeen house prices double

Cost of being an Aberdeen student a harder price to pay due to rising housing market.


House prices in Aberdeen have more than doubled over the past 10 years, according to data from the Nationwide Building Society.

“Everywhere outside is doom and gloom, but it is boom time here”, said Brian Sutton of James and George Collie solicitors and estate agents.

Prices have risen due to demand from first-time buyers prepared to pay above valuation, oil workers moving to the area and investors, as well as a lack of housing.

First-time buyers in the city can expect to pay up to £140,000 for a one-bedroom flat, or up to £500,000 for a bigger property.