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Midlothian · report

Past price cycles in Midlothian

Sale prices have fallen by 3% or more 11 times since 2004. The deepest began in February 2008.

Deepest fall
−18.2%
Recovery from the low
51 months

Prices in Midlothian and the UK, indexed

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

  • Midlothian
  • United Kingdom
  • 100 = January 2004
Show the numbers
PeriodMidlothianUnited Kingdom
Aug 2026233.2216.4
Jul 2026234.5215.7
Jun 2026237.2214.5
May 2026235.9215.7
Apr 2026233.2214.7
Mar 2026230.5212.9
Feb 2026231.7213.5
Jan 2026232.7213.0
Dec 2025233.7212.4
Nov 2025238.7214.4
Oct 2025238.8213.8
Sep 2025238.9213.6
Aug 2025235.8214.4
Jul 2025234.8213.1
Jun 2025230.5211.4
May 2025228.9209.3
Apr 2025224.9206.2
Mar 2025227.7212.4
Feb 2025228.5209.8
Jan 2025230.7210.0
Dec 2024231.2209.2
Nov 2024226.8209.6
Oct 2024227.4210.2
Sep 2024227.0209.8
Aug 2024228.0210.1
Jul 2024224.2208.0
Jun 2024224.9205.7
May 2024226.0204.9
Apr 2024230.5203.3
Mar 2024226.3202.2
Feb 2024226.9201.8
Jan 2024226.5202.9
Dec 2023225.6203.0
Nov 2023227.2204.8
Oct 2023225.2206.2
Sep 2023226.0207.1
Aug 2023221.0208.1
Jul 2023222.4207.0
Jun 2023222.9204.7
May 2023223.4203.9
Apr 2023223.1203.3
Mar 2023220.6202.8
Feb 2023221.1205.1
Jan 2023218.9206.8
Dec 2022221.8208.6
Nov 2022226.5210.3
Oct 2022226.9210.6
Sep 2022226.4210.6
Aug 2022222.0210.1
Jul 2022219.9208.4
Jun 2022217.8204.6
May 2022214.1202.1
Apr 2022211.9199.8
Mar 2022210.8197.5
Feb 2022209.3196.8
Jan 2022209.8196.6
Dec 2021210.9194.3
Nov 2021211.6193.3
Oct 2021211.4189.6
Sep 2021210.7194.5
Aug 2021209.5188.9
Jul 2021206.8183.4
Jun 2021204.9192.4
May 2021199.3182.7
Apr 2021199.3181.5
Mar 2021192.5184.2
Feb 2021193.1181.5
Jan 2021192.9181.0
Dec 2020194.4181.0
Nov 2020194.1179.6
Oct 2020187.2177.8
Sep 2020189.4176.3
Aug 2020186.5174.5
Jul 2020188.7172.8
Jun 2020183.5171.4
May 2020186.9169.0
Apr 2020188.9168.1
Mar 2020189.0169.9
Feb 2020184.6168.4
Jan 2020180.1169.3
Dec 2019182.8169.2
Nov 2019180.5169.4
Oct 2019180.8170.0
Sep 2019179.5170.5
Aug 2019183.2170.4
Jul 2019183.4169.8
Jun 2019181.2167.9
May 2019184.8167.2
Apr 2019185.7167.0
Mar 2019186.5165.8
Feb 2019184.1166.3
Jan 2019184.1166.7
Dec 2018184.5167.7
Nov 2018184.3168.1
Oct 2018183.4168.8
Sep 2018181.9169.0
Aug 2018179.7169.3
Jul 2018178.0168.8
Jun 2018178.3166.7
May 2018175.6165.6
Apr 2018173.6164.9
Mar 2018170.3163.4
Feb 2018166.6164.4
Jan 2018162.6163.9
Dec 2017162.7164.5
Nov 2017165.6163.9
Oct 2017172.2164.3
Sep 2017168.9164.2
Aug 2017167.2164.8
Jul 2017162.7164.1
Jun 2017163.3162.0
May 2017161.4160.6
Apr 2017156.9159.6
Mar 2017153.7157.1
Feb 2017155.2157.5
Jan 2017158.8157.1
Dec 2016159.9157.3
Nov 2016159.9157.0
Oct 2016158.7156.3
Sep 2016160.3156.8
Aug 2016157.2157.1
Jul 2016158.5157.1
Jun 2016157.4155.4
May 2016156.0153.9
Apr 2016154.0152.2
Mar 2016153.0151.6
Feb 2016158.6150.1
Jan 2016160.0150.0
Dec 2015159.2149.6
Nov 2015157.8149.1
Oct 2015153.9148.0
Sep 2015155.7147.8
Aug 2015150.5147.5
Jul 2015151.4146.1
Jun 2015149.2143.7
May 2015151.6142.6
Apr 2015148.6141.1
Mar 2015147.1139.8
Feb 2015143.3139.3
Jan 2015144.8139.2
Dec 2014145.2139.9
Nov 2014149.9139.6
Oct 2014151.0140.1
Sep 2014150.8140.3
Aug 2014145.5140.1
Jul 2014142.2138.5
Jun 2014140.5136.6
May 2014141.5135.4
Apr 2014140.6134.0
Mar 2014139.2131.1
Feb 2014137.1130.6
Jan 2014138.6130.1
Dec 2013139.7129.9
Nov 2013137.0128.7
Oct 2013137.0128.0
Sep 2013136.0128.6
Aug 2013139.9128.5
Jul 2013139.1127.5
Jun 2013137.6126.0
May 2013134.4125.0
Apr 2013134.3124.4
Mar 2013133.4123.1
Feb 2013134.4122.4
Jan 2013137.1122.4
Dec 2012134.4123.3
Nov 2012138.1123.5
Oct 2012134.2123.4
Sep 2012137.4124.3
Aug 2012134.1124.8
Jul 2012137.8124.6
Jun 2012138.9124.1
May 2012141.3122.9
Apr 2012137.0122.5
Mar 2012139.9121.2
Feb 2012139.0120.8
Jan 2012140.6121.1
Dec 2011135.1122.0
Nov 2011134.4122.5
Oct 2011137.5122.4
Sep 2011140.3123.8
Aug 2011143.1124.1
Jul 2011137.3124.0
Jun 2011142.1122.5
May 2011140.0122.3
Apr 2011140.5122.8
Mar 2011133.8120.9
Feb 2011134.4121.5
Jan 2011140.2122.1
Dec 2010142.8123.2
Nov 2010143.5123.4
Oct 2010138.2124.9
Sep 2010139.0126.3
Aug 2010136.3126.6
Jul 2010143.1126.6
Jun 2010146.6125.3
May 2010152.1124.7
Apr 2010150.4124.1
Mar 2010147.0122.6
Feb 2010146.5122.6
Jan 2010141.3122.3
Dec 2009142.6122.7
Nov 2009138.4121.9
Oct 2009141.8121.5
Sep 2009144.3120.7
Aug 2009148.0119.7
Jul 2009150.0118.6
Jun 2009146.7116.5
May 2009141.7115.4
Apr 2009135.4113.8
Mar 2009134.9112.8
Feb 2009138.7113.5
Jan 2009146.3114.8
Dec 2008149.1117.5
Nov 2008149.1119.3
Oct 2008150.8122.8
Sep 2008154.2125.3
Aug 2008156.9128.6
Jul 2008160.1131.3
Jun 2008154.7132.7
May 2008152.9134.5
Apr 2008151.4133.7
Mar 2008155.9133.5
Feb 2008163.1134.5
Jan 2008161.7135.6
Dec 2007161.8138.1
Nov 2007158.0138.3
Oct 2007160.0138.4
Sep 2007159.9138.7
Aug 2007162.4138.6
Jul 2007159.5137.8
Jun 2007160.0136.0
May 2007153.9134.6
Apr 2007145.4133.0
Mar 2007134.5130.4
Feb 2007134.7129.4
Jan 2007134.7129.0
Dec 2006142.2129.1
Nov 2006142.1127.5
Oct 2006144.9126.8
Sep 2006142.0126.1
Aug 2006138.5125.6
Jul 2006134.8124.6
Jun 2006129.8122.8
May 2006123.5121.6
Apr 2006125.1120.5
Mar 2006121.9117.9
Feb 2006126.3117.0
Jan 2006119.1116.8
Dec 2005125.2117.0
Nov 2005122.5116.3
Oct 2005124.3116.0
Sep 2005120.3116.2
Aug 2005121.8116.4
Jul 2005119.0115.9
Jun 2005109.8114.4
May 2005103.8113.5
Apr 2005102.3112.3
Mar 2005108.2110.8
Feb 2005108.6109.9
Jan 2005112.3110.0
Dec 2004114.3110.0
Nov 2004112.5110.9
Oct 2004105.9111.0
Sep 2004105.9110.2
Aug 2004108.7110.4
Jul 2004110.9109.2
Jun 2004106.8106.9
May 2004101.4105.0
Apr 200498.4103.8
Mar 200497.199.3
Feb 200496.799.0
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 2004February 2004−3.3%13
July 2004September 2004−4.6%22
December 2004April 2005−10.5%43
December 2005January 2006−4.9%11
February 2006March 2006−3.5%13
October 2006March 2007−7.2%51
February 2008March 2013−18.2%6151
October 2017January 2018−5.6%33
March 2019September 2019−3.7%66
October 2022January 2023−3.5%310
September 2025March 2026−3.5%6Not 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 Midlothian

Next 12 months

Sale prices have an 80% chance of landing between £265,396 and £300,012 by August 2027.

Expected, August 2027
£282,704
Chance of a rise
64%

Affordability

At the average sale price, a home costs £277,939. With 10% down and a 30-year mortgage, the payment is £1,282 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
19%
Payment, one income
37%

Buy or rent

Figures for Scotland: Midlothian 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

8.5% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
668
Per 1,000 residents
6.7

Foreign buyers

Figures for United Kingdom: Midlothian 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 grew by 666 while 730 homes were finished: 0.9 new residents for every new home.

New residents per new home, 2025
0.9
Population change, 2025
+666

Renovation

In 2026, 1% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2026
1%