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Scotland · report

Renovation in Scotland

In 2026, 2% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2026
2%

Homes finished in Scotland, by type of work

Homes added each financial year: new build, and homes gained by converting buildings or changing their use, net of those lost. MHCLG (England) and the Scottish Government.

  • Conversions
  • Extensions
  • New buildings
Show the numbers
YearNew buildingsExtensionsConversionsTotal
202617,640—34517,985
202519,061—46219,523
202419,865—36420,229
202323,740—45624,196
202221,493—48621,979
202115,931—46116,392
202022,316—67522,991
201921,234—66521,899
201817,564—73918,303
201717,221—79118,012
201616,961—68417,645
201516,708—64417,352
201415,157—50915,666
201314,200—55014,750
201216,126—64416,770
201116,433—59117,024
201017,128—92018,048
200921,024—92321,947
200825,788—1,41727,205
200724,281—1,70225,983
200624,958—1,69526,653
200526,475—1,33627,811
200423,827—1,40925,236
200322,746—1,30524,051
200222,571—1,31123,882
200122,112—1,10323,215
200023,107—1,15124,258
199920,657—95821,615
199822,587—95823,545
199720,696—1,24421,940

England counts net additions: new build, plus homes gained by converting buildings or changing their use, net of those lost. Scotland counts homes from conversions. Wales and Northern Ireland publish no such split. Years are financial years, April to March, named by the year they end in.

Other reports for Scotland

Sale prices have an 80% chance of landing between £203,987 and £228,571 by August 2027.

Expected, August 2027
£216,279
Chance of a rise
97%

At the average sale price, a home costs £198,397. With 10% down and a 30-year mortgage, the payment is £915 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
14%
Payment, one income
28%

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

20.7% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
15,543
Per 1,000 residents
2.8

Figures for United Kingdom: Scotland 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%

Sale prices have fallen by 3% or more 18 times since 1968. The deepest began in May 2008.

Deepest fall
−17.5%
Recovery from the low
53 months

In 2025 the population grew by 1,774 while 17,794 homes were finished: 0.1 new residents for every new home.

New residents per new home, 2025
0.1
Population change, 2025
+1,774