Imofolio

Perth and Kinross · report

Past price cycles in Perth and Kinross

Sale prices have fallen by 3% or more 8 times since 2004. The deepest began in March 2008.

Deepest fall
−19.1%
Recovery from the low
113 months

Prices in Perth and Kinross and the UK, indexed

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

  • Perth and Kinross
  • United Kingdom
  • 100 = January 2004
Show the numbers
PeriodPerth and KinrossUnited Kingdom
Aug 2026251.4216.4
Jul 2026248.3215.7
Jun 2026246.8214.5
May 2026244.0215.7
Apr 2026240.2214.7
Mar 2026234.8212.9
Feb 2026238.1213.5
Jan 2026244.0213.0
Dec 2025248.6212.4
Nov 2025245.5214.4
Oct 2025244.2213.8
Sep 2025249.1213.6
Aug 2025253.0214.4
Jul 2025252.2213.1
Jun 2025247.1211.4
May 2025240.3209.3
Apr 2025238.5206.2
Mar 2025233.8212.4
Feb 2025233.2209.8
Jan 2025232.3210.0
Dec 2024234.9209.2
Nov 2024239.5209.6
Oct 2024237.2210.2
Sep 2024236.1209.8
Aug 2024228.0210.1
Jul 2024226.1208.0
Jun 2024221.4205.7
May 2024224.8204.9
Apr 2024229.6203.3
Mar 2024232.5202.2
Feb 2024231.4201.8
Jan 2024228.5202.9
Dec 2023229.8203.0
Nov 2023228.6204.8
Oct 2023228.8206.2
Sep 2023230.2207.1
Aug 2023231.0208.1
Jul 2023231.4207.0
Jun 2023229.4204.7
May 2023230.0203.9
Apr 2023227.2203.3
Mar 2023228.3202.8
Feb 2023227.9205.1
Jan 2023231.4206.8
Dec 2022235.2208.6
Nov 2022237.7210.3
Oct 2022239.2210.6
Sep 2022236.3210.6
Aug 2022236.6210.1
Jul 2022229.6208.4
Jun 2022225.6204.6
May 2022219.4202.1
Apr 2022220.2199.8
Mar 2022216.5197.5
Feb 2022217.4196.8
Jan 2022219.8196.6
Dec 2021221.3194.3
Nov 2021221.9193.3
Oct 2021220.7189.6
Sep 2021220.4194.5
Aug 2021216.7188.9
Jul 2021210.6183.4
Jun 2021204.6192.4
May 2021203.0182.7
Apr 2021204.5181.5
Mar 2021206.6184.2
Feb 2021205.0181.5
Jan 2021203.1181.0
Dec 2020200.7181.0
Nov 2020200.5179.6
Oct 2020195.1177.8
Sep 2020192.2176.3
Aug 2020190.3174.5
Jul 2020191.1172.8
Jun 2020192.0171.4
May 2020188.5169.0
Apr 2020185.9168.1
Mar 2020184.8169.9
Feb 2020183.1168.4
Jan 2020183.2169.3
Dec 2019183.9169.2
Nov 2019188.9169.4
Oct 2019191.8170.0
Sep 2019192.5170.5
Aug 2019189.6170.4
Jul 2019186.0169.8
Jun 2019183.8167.9
May 2019182.0167.2
Apr 2019184.6167.0
Mar 2019186.5165.8
Feb 2019187.4166.3
Jan 2019184.9166.7
Dec 2018182.6167.7
Nov 2018184.2168.1
Oct 2018185.4168.8
Sep 2018186.1169.0
Aug 2018181.8169.3
Jul 2018179.6168.8
Jun 2018177.7166.7
May 2018174.8165.6
Apr 2018174.0164.9
Mar 2018168.7163.4
Feb 2018171.9164.4
Jan 2018173.9163.9
Dec 2017177.3164.5
Nov 2017175.6163.9
Oct 2017176.3164.3
Sep 2017177.3164.2
Aug 2017179.4164.8
Jul 2017175.9164.1
Jun 2017176.4162.0
May 2017177.5160.6
Apr 2017174.4159.6
Mar 2017169.8157.1
Feb 2017168.3157.5
Jan 2017170.5157.1
Dec 2016171.3157.3
Nov 2016169.5157.0
Oct 2016171.6156.3
Sep 2016172.7156.8
Aug 2016172.8157.1
Jul 2016169.6157.1
Jun 2016167.4155.4
May 2016164.5153.9
Apr 2016165.2152.2
Mar 2016165.8151.6
Feb 2016168.1150.1
Jan 2016166.7150.0
Dec 2015164.6149.6
Nov 2015166.1149.1
Oct 2015165.8148.0
Sep 2015168.3147.8
Aug 2015165.9147.5
Jul 2015167.3146.1
Jun 2015165.2143.7
May 2015171.4142.6
Apr 2015167.5141.1
Mar 2015170.4139.8
Feb 2015160.8139.3
Jan 2015163.6139.2
Dec 2014161.5139.9
Nov 2014165.4139.6
Oct 2014166.5140.1
Sep 2014166.6140.3
Aug 2014165.7140.1
Jul 2014163.3138.5
Jun 2014161.1136.6
May 2014158.4135.4
Apr 2014158.4134.0
Mar 2014160.3131.1
Feb 2014162.8130.6
Jan 2014162.9130.1
Dec 2013162.2129.9
Nov 2013160.5128.7
Oct 2013158.9128.0
Sep 2013158.8128.6
Aug 2013157.7128.5
Jul 2013159.8127.5
Jun 2013154.8126.0
May 2013154.8125.0
Apr 2013150.8124.4
Mar 2013153.6123.1
Feb 2013156.2122.4
Jan 2013156.1122.4
Dec 2012154.5123.3
Nov 2012151.0123.5
Oct 2012152.5123.4
Sep 2012155.4124.3
Aug 2012160.2124.8
Jul 2012158.1124.6
Jun 2012153.7124.1
May 2012148.3122.9
Apr 2012152.1122.5
Mar 2012157.1121.2
Feb 2012159.2120.8
Jan 2012158.5121.1
Dec 2011159.6122.0
Nov 2011163.9122.5
Oct 2011165.7122.4
Sep 2011166.5123.8
Aug 2011161.0124.1
Jul 2011163.6124.0
Jun 2011164.0122.5
May 2011165.9122.3
Apr 2011162.8122.8
Mar 2011167.2120.9
Feb 2011163.1121.5
Jan 2011163.2122.1
Dec 2010158.2123.2
Nov 2010165.3123.4
Oct 2010168.6124.9
Sep 2010168.1126.3
Aug 2010166.7126.6
Jul 2010165.7126.6
Jun 2010167.9125.3
May 2010168.3124.7
Apr 2010163.1124.1
Mar 2010159.2122.6
Feb 2010158.8122.6
Jan 2010162.8122.3
Dec 2009165.2122.7
Nov 2009166.1121.9
Oct 2009166.0121.5
Sep 2009166.0120.7
Aug 2009166.5119.7
Jul 2009164.0118.6
Jun 2009163.0116.5
May 2009154.7115.4
Apr 2009151.9113.8
Mar 2009145.6112.8
Feb 2009148.8113.5
Jan 2009157.2114.8
Dec 2008161.2117.5
Nov 2008168.4119.3
Oct 2008166.9122.8
Sep 2008171.0125.3
Aug 2008166.9128.6
Jul 2008169.2131.3
Jun 2008169.2132.7
May 2008173.3134.5
Apr 2008176.9133.7
Mar 2008180.0133.5
Feb 2008177.3134.5
Jan 2008175.4135.6
Dec 2007177.1138.1
Nov 2007178.5138.3
Oct 2007174.0138.4
Sep 2007170.0138.7
Aug 2007170.1138.6
Jul 2007166.9137.8
Jun 2007169.3136.0
May 2007161.7134.6
Apr 2007157.3133.0
Mar 2007147.3130.4
Feb 2007154.0129.4
Jan 2007156.9129.0
Dec 2006157.5129.1
Nov 2006150.4127.5
Oct 2006147.9126.8
Sep 2006147.6126.1
Aug 2006147.9125.6
Jul 2006146.1124.6
Jun 2006139.9122.8
May 2006139.8121.6
Apr 2006133.1120.5
Mar 2006136.2117.9
Feb 2006136.1117.0
Jan 2006140.7116.8
Dec 2005137.8117.0
Nov 2005130.7116.3
Oct 2005128.7116.0
Sep 2005130.9116.2
Aug 2005131.8116.4
Jul 2005129.3115.9
Jun 2005121.2114.4
May 2005117.1113.5
Apr 2005116.5112.3
Mar 2005118.2110.8
Feb 2005115.4109.9
Jan 2005111.8110.0
Dec 2004110.5110.0
Nov 2004113.8110.9
Oct 2004114.8111.0
Sep 2004114.6110.2
Aug 2004112.1110.4
Jul 2004107.1109.2
Jun 2004102.8106.9
May 2004101.4105.0
Apr 200499.5103.8
Mar 200499.299.3
Feb 200496.199.0
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 2004−3.9%13
October 2004December 2004−3.7%22
January 2006April 2006−5.4%33
December 2006March 2007−6.5%32
March 2008March 2009−19.1%12113
September 2019February 2020−4.9%58
October 2022June 2024−7.4%205
August 2025March 2026−7.2%7Not 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 Perth and Kinross

Sale prices have an 80% chance of landing between £227,596 and £278,306 by August 2027.

Expected, August 2027
£252,951
Chance of a rise
86%

At the average sale price, a home costs £231,646. With 10% down and a 30-year mortgage, the payment is £1,069 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
16%
Payment, one income
32%

Figures for Scotland: Perth and Kinross 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

29.3% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
590
Per 1,000 residents
3.8

Figures for United Kingdom: Perth and Kinross 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%

In 2025 the population grew by 410 while 601 homes were finished: 0.7 new residents for every new home.

New residents per new home, 2025
0.7
Population change, 2025
+410

In 2026, 8% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2026
8%