Glasgow house prices have only risen by 2.1% in the past year, according to new figures showing changes in home values. 

The increase has placed the city well below the UK average increase of 10.6%. 

Average house prices in Glasgow this year are now £193,621 up from £189,627 in 2019, placing the city among town to see the smallest rise in average house prices. 

Other towns however have even seen a decrease in house prices, including Motherwell, Paisley and Kilmarnock. 

Meanwhile, houses in Ayr have seen the biggest spike in Scotland and was dubbed the Bank of Scotland's house price winner of the year. 

READ MORE: The most expensive streets in the Glasgow postcode area revealed

Over the past 12 months, average house prices in the South Ayrshire town increased by 15.5% (£23,839) to £177,984. 

Graham Blair, mortgages director, Bank of Scotland, said: “Like many things about 2020, it would have been hard to predict where we’d see the biggest changes in average house prices in Scotland. 

“While it’s great news for sellers in Ayr and Dumfries with the biggest jumps in average house prices, it also looks promising for potential buyers in Livingston, Motherwell and Paisley – where a dip in prices could mean a better deal for house hunters in these areas. 

“In Scotland’s biggest cities, we’ve seen prices cool slightly up north in Aberdeen in contrast to Inverness.

"Although both ends of the M8 have seen an increase, average house prices in Edinburgh have increased around three times as much as in Glasgow, with homes in the capital adding around £15,000 in value this year compared to almost £4,000 in the west.” 

Edinburgh remains the least affordable place to live in Scotland, with house prices around eight times the average annual earnings in 2020. 

Glasgow Times:

Glasgow Times: