HOUSE prices are continuing to rocket, despite the cost-of-living crisis, latest figures show.

According to the UK House Price Index, average values in both Renfrewshire and East Renfrewshire have seen double-digit increases over just 12 months.

The average value of a home in Renfrewshire in May was £150,865 – up by more than £13,000 compared to a year earlier.

And prices have climbed even more steeply in East Renfrewshire, where the average value was £282,546 – an increase of more than £30,000.

That made East Renfrewshire the third most expensive place in Scotland to buy a house, behind only Edinburgh (£321,679) and East Lothian (£305,323).

The cheapest place to snap up a property was Inverclyde, where the average price was just £112,837.

The percentage increase for Renfrewshire and East Renfrewshire over the 12-month period was 10% and 12.6% respectively.

Across Scotland as a whole, the average house price in May was £187,517, which is up by more than 11% compared to a year earlier.

Latest figures also show that the number of homes sold locally has dropped as many potential buyers struggle to find their dream property.

Just 347 homes were sold in Renfrewshire in March this year, compared to 475 in the same month in 2021.

In East Renfrewshire, the total fell from 223 to 136 over that period.

A spokesperson for Registers of Scotland, which provides data for the UK House Price Index, said: “In Scotland, detached houses showed the largest increase out of all property types, rising by 13.6% in the year to May 2022 to £332,000.

“The lowest annual change of all property types was in flats and maisonettes, which increased by 8.2% in the year to May 2022 to £129,000.”