Stepps, which is located on the north-eastern outskirts of Glasgow, has recorded one of the biggest rises in the average asking price for a home.
The North Lanarkshire town, which has a population of little under 8000, was named alongside other locations such as Dunblane in Stirlingshire and Sandbanks in Dorset.
This comes as researchers revealed that the average asking price for a UK home was 1.1% lower at the end of 2023 compared to the previous year.
Stepps records huge surge in average asking price for property
The average asking price for a UK home was 1.1% lower at the end of 2023 compared to the previous year. (Image: Getty)
Stepps near Glasgow was ranked number seven on the Rightmove list with the average asking price for a home in 2023 being £252,156.
This represents a 13% rise, meaning the average rate has increased by a staggering £32,780.28 since 2022.
Dunblane in Stirlingshire was the other Scottish location on the list with an average asking price of £324,158.
The town also saw a 13% rise in the average asking price of a home, meaning there has been a £42,140.54 increase since 2022.
The area in the UK to see the highest rise was Sandbanks in the English county of Dorset.
Sandbanks recorded an average asking price of £1,909,943, seeing a whopping 20% increase since 2022.
Glasgow was also named as one of the most searched for locations by Rightmove. (Image: Getty)
Tim Bannister, Rightmove’s property expert said: “Even in the more muted market of 2023, many areas across Great Britain saw an increase in asking prices last year. Many traditionally popular areas maintained their allure amongst buyers, whilst cheaper areas were also high on the list for buyers last year with affordability stretched.”
On top of this, the researchers found that Glasgow was one of the most searched-for buyer and renter locations in the UK.
However, the city also recorded one of the highest rates of renters looking to leave the city with 56% of those renting looking to move outside Glasgow.
