30 October 2007Savills has said the Scottish prime country house market has seen house prices rise at their fastest rate for more than 18 years over the past 12 months.
The average price in the prime country house market rose by 19 per cent between September 2006 and last month, according to the study, with properties at the top-end of the market showing some of the most significant increases.
Knight Frank, meanwhile, has reported that growth in the wider UK prime country house market stood at 1.3 per cent for the third quarter of the year.
"Top-end houses have doubled from £2.5 million in 2005 to £5 million this year," said Jamie McNab from Savills.
"We have just sold two Angus country properties at 34 per cent and 33 per cent respectively over the asking price and these are not unusual," added Ruaraidh Ogilvie from the firm.
Annualised price growth in east Sussex was even stronger over the course of the year, according to Knight Frank's figures, with the region seeing an annualised growth rate of 26.3 per cent.
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