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Average Scottish house prices have risen £1,680 or 1.1 per cent in the past month, confounding those who claimed the market would suffer from uncertainty over the independence referendum later this year.

The latest survey from LSL Property Services shows that a typical home north of the border now costs £160,270 - 3.9 per cent more than a year ago.

With polls showing a closer-than-expected result in September's referendum, and some businesses threatening to leave Scotland if independence goes ahead, there has been speculation amongst agents that buyers may hold tight until after the vote.

But there have now been five consecutive months of rising prices.

2014 recorded the highest volume of sales in a January since 2008. Increased lending and mortgage availability are reaching heights not seen since before the recession as first-time buyers return to the market says Donald MacLellan of Walker Fraser Steele, a Glasgow chartered surveyors' firm in the LSL stable.

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