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Aberdeen City · report

Past price cycles in Aberdeen City

Sale prices have fallen by 3% or more 5 times since 2004. The deepest began in September 2014.

Deepest fall
−39.4%
Recovery from the low
Not yet

Prices in Aberdeen City and the UK, indexed

Average sale prices, both set to 100 in January 2004.

  • Aberdeen City
  • United Kingdom
  • 100 = January 2004
Show the numbers
PeriodAberdeen CityUnited Kingdom
Aug 2026165.4216.4
Jul 2026163.6215.7
Jun 2026162.0214.5
May 2026165.5215.7
Apr 2026162.2214.7
Mar 2026164.4212.9
Feb 2026161.0213.5
Jan 2026163.1213.0
Dec 2025163.0212.4
Nov 2025167.4214.4
Oct 2025168.4213.8
Sep 2025171.5213.6
Aug 2025174.5214.4
Jul 2025177.1213.1
Jun 2025175.3211.4
May 2025172.0209.3
Apr 2025170.4206.2
Mar 2025168.3212.4
Feb 2025169.7209.8
Jan 2025172.4210.0
Dec 2024177.7209.2
Nov 2024179.4209.6
Oct 2024183.0210.2
Sep 2024184.2209.8
Aug 2024181.8210.1
Jul 2024178.8208.0
Jun 2024176.0205.7
May 2024175.5204.9
Apr 2024171.8203.3
Mar 2024172.4202.2
Feb 2024171.9201.8
Jan 2024178.3202.9
Dec 2023175.5203.0
Nov 2023179.1204.8
Oct 2023176.1206.2
Sep 2023180.9207.1
Aug 2023181.8208.1
Jul 2023182.9207.0
Jun 2023181.2204.7
May 2023177.1203.9
Apr 2023172.8203.3
Mar 2023169.5202.8
Feb 2023171.1205.1
Jan 2023173.7206.8
Dec 2022179.8208.6
Nov 2022181.8210.3
Oct 2022187.2210.6
Sep 2022189.3210.6
Aug 2022193.9210.1
Jul 2022193.0208.4
Jun 2022192.3204.6
May 2022189.8202.1
Apr 2022188.6199.8
Mar 2022185.8197.5
Feb 2022184.3196.8
Jan 2022187.1196.6
Dec 2021190.4194.3
Nov 2021193.0193.3
Oct 2021194.8189.6
Sep 2021195.8194.5
Aug 2021196.6188.9
Jul 2021194.7183.4
Jun 2021190.4192.4
May 2021188.8182.7
Apr 2021183.0181.5
Mar 2021187.2184.2
Feb 2021188.1181.5
Jan 2021192.8181.0
Dec 2020191.1181.0
Nov 2020185.1179.6
Oct 2020181.7177.8
Sep 2020181.2176.3
Aug 2020186.1174.5
Jul 2020187.4172.8
Jun 2020185.3171.4
May 2020185.9169.0
Apr 2020185.4168.1
Mar 2020188.4169.9
Feb 2020189.3168.4
Jan 2020191.9169.3
Dec 2019194.4169.2
Nov 2019194.2169.4
Oct 2019195.6170.0
Sep 2019196.4170.5
Aug 2019193.9170.4
Jul 2019196.7169.8
Jun 2019199.5167.9
May 2019204.8167.2
Apr 2019202.9167.0
Mar 2019199.9165.8
Feb 2019199.2166.3
Jan 2019201.7166.7
Dec 2018202.9167.7
Nov 2018206.5168.1
Oct 2018208.9168.8
Sep 2018213.6169.0
Aug 2018212.6169.3
Jul 2018211.0168.8
Jun 2018211.5166.7
May 2018213.0165.6
Apr 2018213.5164.9
Mar 2018212.6163.4
Feb 2018214.3164.4
Jan 2018218.0163.9
Dec 2017218.1164.5
Nov 2017220.9163.9
Oct 2017222.5164.3
Sep 2017225.4164.2
Aug 2017223.9164.8
Jul 2017222.4164.1
Jun 2017218.8162.0
May 2017218.3160.6
Apr 2017219.6159.6
Mar 2017218.6157.1
Feb 2017216.3157.5
Jan 2017216.7157.1
Dec 2016223.7157.3
Nov 2016227.7157.0
Oct 2016228.8156.3
Sep 2016228.5156.8
Aug 2016235.4157.1
Jul 2016241.1157.1
Jun 2016242.7155.4
May 2016237.6153.9
Apr 2016233.7152.2
Mar 2016232.1151.6
Feb 2016237.9150.1
Jan 2016242.5150.0
Dec 2015247.9149.6
Nov 2015248.3149.1
Oct 2015252.6148.0
Sep 2015255.8147.8
Aug 2015257.1147.5
Jul 2015256.4146.1
Jun 2015254.9143.7
May 2015259.2142.6
Apr 2015258.7141.1
Mar 2015260.7139.8
Feb 2015258.8139.3
Jan 2015260.1139.2
Dec 2014261.5139.9
Nov 2014264.7139.6
Oct 2014264.9140.1
Sep 2014265.9140.3
Aug 2014261.8140.1
Jul 2014263.0138.5
Jun 2014257.4136.6
May 2014252.4135.4
Apr 2014242.6134.0
Mar 2014243.3131.1
Feb 2014239.6130.6
Jan 2014238.7130.1
Dec 2013234.7129.9
Nov 2013236.7128.7
Oct 2013237.9128.0
Sep 2013233.3128.6
Aug 2013231.0128.5
Jul 2013227.3127.5
Jun 2013224.8126.0
May 2013223.8125.0
Apr 2013215.7124.4
Mar 2013212.8123.1
Feb 2013209.8122.4
Jan 2013215.4122.4
Dec 2012217.2123.3
Nov 2012217.5123.5
Oct 2012218.5123.4
Sep 2012220.4124.3
Aug 2012219.1124.8
Jul 2012218.1124.6
Jun 2012217.8124.1
May 2012215.8122.9
Apr 2012214.1122.5
Mar 2012210.4121.2
Feb 2012212.2120.8
Jan 2012214.6121.1
Dec 2011217.7122.0
Nov 2011217.3122.5
Oct 2011217.9122.4
Sep 2011217.4123.8
Aug 2011219.9124.1
Jul 2011217.0124.0
Jun 2011216.5122.5
May 2011212.7122.3
Apr 2011213.5122.8
Mar 2011214.2120.9
Feb 2011212.4121.5
Jan 2011211.0122.1
Dec 2010212.5123.2
Nov 2010217.0123.4
Oct 2010219.7124.9
Sep 2010219.1126.3
Aug 2010221.7126.6
Jul 2010222.2126.6
Jun 2010222.4125.3
May 2010214.7124.7
Apr 2010211.9124.1
Mar 2010208.9122.6
Feb 2010210.4122.6
Jan 2010211.4122.3
Dec 2009211.8122.7
Nov 2009213.6121.9
Oct 2009209.8121.5
Sep 2009211.2120.7
Aug 2009209.5119.7
Jul 2009211.7118.6
Jun 2009206.7116.5
May 2009200.5115.4
Apr 2009195.6113.8
Mar 2009196.5112.8
Feb 2009196.3113.5
Jan 2009197.4114.8
Dec 2008197.0117.5
Nov 2008202.4119.3
Oct 2008209.1122.8
Sep 2008218.9125.3
Aug 2008224.6128.6
Jul 2008228.4131.3
Jun 2008224.1132.7
May 2008223.6134.5
Apr 2008214.9133.7
Mar 2008212.7133.5
Feb 2008213.7134.5
Jan 2008222.2135.6
Dec 2007222.0138.1
Nov 2007218.9138.3
Oct 2007220.3138.4
Sep 2007220.0138.7
Aug 2007224.6138.6
Jul 2007218.1137.8
Jun 2007215.3136.0
May 2007203.7134.6
Apr 2007196.5133.0
Mar 2007189.1130.4
Feb 2007185.7129.4
Jan 2007181.9129.0
Dec 2006176.6129.1
Nov 2006173.5127.5
Oct 2006168.5126.8
Sep 2006168.7126.1
Aug 2006163.1125.6
Jul 2006161.2124.6
Jun 2006157.2122.8
May 2006151.2121.6
Apr 2006145.4120.5
Mar 2006139.6117.9
Feb 2006138.8117.0
Jan 2006136.0116.8
Dec 2005135.6117.0
Nov 2005135.3116.3
Oct 2005137.1116.0
Sep 2005137.1116.2
Aug 2005136.1116.4
Jul 2005133.6115.9
Jun 2005131.2114.4
May 2005123.4113.5
Apr 2005117.1112.3
Mar 2005111.2110.8
Feb 2005114.8109.9
Jan 2005115.0110.0
Dec 2004116.5110.0
Nov 2004112.2110.9
Oct 2004114.6111.0
Sep 2004116.2110.2
Aug 2004117.4110.4
Jul 2004115.3109.2
Jun 2004111.7106.9
May 2004105.2105.0
Apr 200498.6103.8
Mar 200495.899.3
Feb 200497.499.0
Jan 2004100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
January 2004March 2004−4.2%22
August 2004March 2005−5.3%72
August 2007March 2008−5.3%74
July 2008April 2009−14.4%952
September 2014February 2026−39.4%137Not yet

The UK House Price Index goes back to 1968 for the UK, its nations and England's regions, to 1995 for councils in England and Wales, to 2004 in Scotland and to 2005 in Northern Ireland, where it is quarterly. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for Aberdeen City

Next 12 months

Sale prices have an 80% chance of landing between £127,472 and £148,922 by August 2027.

Expected, August 2027
£138,197
Chance of a rise
70%

Affordability

At the average sale price, a home costs £133,782. With 10% down and a 30-year mortgage, the payment is £617 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
9%
Payment, one income
19%

Buy or rent

Figures for Scotland: Aberdeen City has no reliable figures of its own.

Owning the average home costs less each month than renting it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£1,011
Owning per month
£934

New homes

57.7% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
404
Per 1,000 residents
1.8

Foreign buyers

Figures for United Kingdom: Aberdeen City has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

People and new homes

In 2025 the population fell by 1,141 while 762 homes were finished.

Homes finished, 2025
762
Population change, 2025
−1,141

Renovation

In 2026, 0% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2026
0%