THE average house price in Dunfermline has risen by 2.2 per cent according to the latest figures from the ESPC.

Average house prices rose to £144,702 between April to June this year compared to £141,542 during the same period in 2013.

Sales between the same three-month period also increased 32 per cent compared to the same period last year.

The figures prove the East Central Scotland housing market has remained brisk during the second quarter of the year, according to the ESPC.

Over the last three months the number of one-bedroom homes sold has jumped by more than 50 per cent annually, with rising activity among first-time buyers and buy-to-let investors spurring growth.

The rise in buyer activity has made market conditions more favourable for sellers and this has been reflected in the selling prices properties are achieving relative to their Home Report valuation.

Also, the number of sellers bringing their home to market was 10 per cent higher than during the same three-month period in 2013.

Over the three months to June, 58 per cent of homes sold across Edinburgh, the Lothians and Fife achieved a selling price that was equal to or in excess of their original Home Report valuation.

In most areas of East Central Scotland, house prices are higher than was the case at this stage last year.

David Marshall, business development manager with ESPC, said, “The improvement in market activity in 2013 has continued into 2014 with a notable rise in the number of homes being bought and sold. Conditions are more favourable for sellers, with more homes achieving Home Report.

“We’ve also seen a continued rise in the popularity of the ‘Offers Over’ approach to selling a home, with roughly two-thirds of homes coming onto the market being advertised in this way.”