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Scots house price rises biggest in UK

SCOTLAND experienced the biggest increase in house prices of anywhere in the UK during the past 10 years, a new survey has revealed.

Figures from the Bank of Scotland have shown £70,000 was added to the value of the average house between 2001 and 2011, meaning property prices more than doubled during the boom years.

While some value has dropped off the price of many homes after the housing bubble burst in 2007, the fall has been nowhere near as dramatic as the climb.