The Evaluation of Low Cost Initiative for First Time Buyers (LIFT)
This is the final report of an Evaluation of the Low Cost Initiative for First Time Buyers. It evaluates four schemes: Open Market Shared Equity; New Supply Shared Equity; Shared Ownership; and GRO Grants.
APPENDIX 5 - AVERAGE PURCHASE PRICES BY LOCAL AUTHORITY
Table A5.1: NSSE purchase prices against average prices - NSSE 08/09 and 09/10 for all houses
Property price |
Purchaser contribution |
LA Lower Quartile*** |
Av contribution as % of LALQ |
||||||
|---|---|---|---|---|---|---|---|---|---|
Av price |
Min Price |
Max Price |
Av contribution |
Av stake**% |
Min contribution |
Max contribution |
|||
Aberdeen City |
159,975 |
129,000 |
192,000 |
91,448 |
57 |
70,950 |
126,400 |
105,000 |
87 |
Aberdeenshire |
156,925 |
111,000 |
213,750 |
95,436 |
61 |
65,790 |
136,800 |
115,000 |
83 |
Angus |
114,385 |
85,000 |
132,500 |
63,500 |
56 |
43,350 |
94,250 |
80,000 |
79 |
Argyll and Bute |
117,949 |
91,100 |
152,000 |
72,624 |
62 |
47,481 |
114,000 |
80,000 |
91 |
Clackmannanshire |
127,000 |
120,000 |
135,000 |
84,690 |
67 |
72,000 |
108,000 |
75,000 |
113 |
Dumfries and Galloway |
119,100 |
110,000 |
125,000 |
75,660 |
64 |
66,000 |
96,400 |
82,000 |
92 |
Dundee City |
- |
- |
- |
- |
- |
- |
- |
73,548 |
- |
East Ayrshire |
109,033 |
90,000 |
125,000 |
69,291 |
64 |
54,000 |
93,750 |
65,000 |
107 |
East Dunbartonshire |
130,000 |
105,000 |
130,000 |
57,150 |
44 |
48,000 |
66,300 |
110,293 |
52 |
East Lothian |
130,475 |
105,000 |
160,000 |
77,654 |
60 |
63,000 |
112,000 |
120,000 |
65 |
East Renfrewshire |
119,200 |
12,000 |
135,000 |
79,824 |
67 |
67,200 |
100,800 |
115,000 |
69 |
Edinburgh City |
155,652 |
105,000 |
185,000 |
87,947 |
57 |
52,000 |
117,000 |
125,000 |
70 |
Eilean Siar |
- |
- |
- |
- |
- |
- |
- |
60,625 |
- |
Falkirk |
88,067 |
80,000 |
98,400 |
57,667 |
65 |
40,800 |
74,500 |
74,000 |
78 |
Fife |
109,231 |
90,000 |
125,000 |
67,456 |
62 |
54,000 |
85,735 |
76,000 |
89 |
Glasgow City |
125,441 |
13,000 |
160,000 |
77,464 |
62 |
41,250 |
108,750 |
80,000 |
97 |
Highland |
121,536 |
76,000 |
106,400 |
78,373 |
64 |
46,920 |
117,126 |
93,000 |
84 |
Inverclyde |
114,429 |
36,000 |
121,000 |
71,414 |
62 |
36,000 |
96,000 |
67,875 |
105 |
Midlothian |
129,090 |
115,000 |
149,995 |
76,904 |
60 |
67,850 |
89,997 |
110,825 |
69 |
Moray |
- |
- |
- |
- |
- |
- |
- |
91,000 |
- |
North Ayrshire |
123,129 |
105,000 |
132,000 |
76,663 |
62 |
66,000 |
91,920 |
67,500 |
114 |
North Lanarkshire |
103,786 |
82,000 |
135,000 |
50,640 |
49 |
25,500 |
92,000 |
69,000 |
73 |
Orkney Islands |
- |
- |
- |
- |
- |
- |
- |
69,000 |
- |
Perth and Kinross |
116,004 |
76,000 |
140,000 |
72,648 |
63 |
58,650 |
91,800 |
94,000 |
77 |
Renfrewshire |
- |
- |
- |
- |
- |
- |
- |
71,000 |
- |
Scottish Borders |
138,500 |
132,000 |
145,000 |
75,325 |
54 |
49,300 |
87,000 |
87,500 |
86 |
Shetland Islands |
- |
- |
- |
- |
- |
- |
- |
63,000 |
- |
South Ayrshire |
- |
- |
- |
- |
- |
- |
- |
83,000 |
- |
South Lanarkshire |
121,524 |
107,000 |
134,000 |
72,770 |
60 |
59,925 |
88,125 |
75,000 |
97 |
Stirling |
116,000 |
90,000 |
155,000 |
68,232 |
59 |
54,000 |
79,050 |
96,900 |
70 |
West Dunbartonshire |
124,200 |
118,000 |
127,000 |
79,461 |
64 |
63,750 |
95,250 |
68,000 |
117 |
West Lothian |
122,439 |
100,000 |
160,000 |
72,434 |
59 |
49,350 |
84,600 |
93,000 |
78 |
Scotland |
123,722 |
91,324 |
142,961 |
74,106 |
60 |
54,522 |
97,902 |
85,000 |
87 |
* Data collected by SG from Sales Log Forms
**Average mean contribution as %age of mean purchase price
***Data from Register of Scotland - calculated for prices ranging from £20,000 to £1,000,000
Table A5.2: OMSEP purchase prices against average prices - OMSEP 08/09 and 09/10 for all houses
Property price |
Purchaser contribution |
LA Lower Quartile*** |
Av contribution as % of LALQ |
||||||
|---|---|---|---|---|---|---|---|---|---|
Av price |
Min Price |
Max Price |
Av contribution |
Av stake** % |
Min contribution |
Max contribution |
|||
Aberdeen City |
119,739 |
80,000 |
185,000 |
82,150 |
69 |
50,020 |
111,000 |
105,000 |
78 |
Aberdeenshire |
130,618 |
75,000 |
185,000 |
83,664 |
64 |
50,630 |
111,000 |
115,000 |
73 |
Angus |
97,000 |
49,500 |
150,000 |
66,710 |
69 |
39,600 |
92,000 |
80,000 |
83 |
Argyll and Bute |
80,767 |
70,000 |
88,000 |
58,288 |
72 |
52,150 |
65,600 |
80,000 |
73 |
Clackmannanshire |
90,417 |
70,000 |
130,000 |
62,133 |
69 |
48,000 |
87,000 |
75,000 |
83 |
Dumfries and Galloway |
92,360 |
68,000 |
170,000 |
63,922 |
69 |
40,800 |
103,700 |
82,000 |
78 |
Dundee City |
94,361 |
71,000 |
185,000 |
64,162 |
68 |
44,709 |
111,000 |
73,548 |
87 |
East Ayrshire |
66,149 |
56,000 |
70,000 |
45,005 |
68 |
33,795 |
51,996 |
65,000 |
69 |
East Dunbartonshire |
97,026 |
60,000 |
166,000 |
65,279 |
67 |
41,314 |
99,600 |
110,293 |
59 |
East Lothian |
121,206 |
84,000 |
249,500 |
77,944 |
64 |
54,045 |
166,800 |
120,000 |
65 |
East Renfrewshire |
106,600 |
70,000 |
160,000 |
71,395 |
67 |
50,400 |
95,970 |
115,000 |
62 |
Edinburgh City |
114,686 |
66,000 |
235,000 |
74,315 |
65 |
42,000 |
147,000 |
125,000 |
59 |
Eilean Siar |
- |
- |
- |
- |
- |
- |
- |
60,625 |
- |
Falkirk |
89,810 |
55,000 |
160,000 |
58,890 |
66 |
33,000 |
97,000 |
74,000 |
80 |
Fife |
86,841 |
60,000 |
185,000 |
60,629 |
70 |
37,780 |
123,950 |
76,000 |
80 |
Glasgow City |
91,839 |
63,000 |
260,000 |
64,068 |
70 |
43,800 |
205,000 |
80,000 |
80 |
Highland |
114,195 |
59,000 |
180,000 |
74,523 |
65 |
36,000 |
120,000 |
93,000 |
80 |
Inverclyde |
68,985 |
51,000 |
87,000 |
48,788 |
71 |
31,800 |
64,000 |
67,875 |
72 |
Midlothian |
119,692 |
90,000 |
221,000 |
78,007 |
65 |
58,963 |
132,600 |
110,825 |
70 |
Moray |
81,940 |
68,760 |
95,000 |
59,636 |
73 |
47,444 |
76,000 |
91,000 |
66 |
North Ayrshire |
66,388 |
45,000 |
80,000 |
47,124 |
71 |
33,000 |
64,000 |
67,500 |
70 |
North Lanarkshire |
92,492 |
56,000 |
210,000 |
62,149 |
67 |
34,200 |
139,040 |
69,000 |
90 |
Orkney Islands |
101,667 |
90,000 |
115,000 |
66,677 |
66 |
54,100 |
76,000 |
69,000 |
97 |
Perth and Kinross |
108,844 |
57,000 |
215,000 |
70,822 |
65 |
25,000 |
148,771 |
94,000 |
75 |
Renfrewshire |
91,409 |
55,000 |
209,500 |
61,486 |
67 |
41,735 |
125,700 |
71,000 |
87 |
Scottish Borders |
102,800 |
65,000 |
165,000 |
72,479 |
71 |
42,397 |
131,000 |
87,500 |
83 |
Shetland Islands |
- |
- |
- |
- |
- |
- |
- |
63,000 |
- |
South Ayrshire |
85,778 |
72,500 |
127,000 |
59,303 |
69 |
43,500 |
84,000 |
83,000 |
71 |
South Lanarkshire |
76,722 |
58,500 |
133,000 |
53,620 |
70 |
39,000 |
92,000 |
75,000 |
71 |
Stirling |
102,006 |
74,000 |
180,000 |
67,806 |
66 |
28,250 |
123,750 |
96,900 |
70 |
West Dunbartonshire |
80,947 |
64,000 |
140,000 |
54,287 |
67 |
39,405 |
84,000 |
68,000 |
80 |
West Lothian |
111,430 |
69,995 |
226,000 |
72,286 |
65 |
41,997 |
140,000 |
93,000 |
78 |
Scotland |
96,157 |
65,775 |
165,400 |
64,918 |
68 |
41,961 |
108,982 |
85,000 |
76 |
* Data collected by SG from Sales Log Forms
**Average mean contribution as %age of mean purchase price
***Data from Register of Scotland - calculated for prices ranging from £20,000 to £1,000,000
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