Prices have been rising across Scotland

The bank said Glasgow's house prices had shown an underlying annual rise of 27.2%, while in Edinburgh the rise was 15.6%.

Figures for the last quarter contained in the latest Lloyds TSB Scotland House Price Monitor showed the underlying increases in Aberdeen and Dundee to be 21.8% and 19.4% respectively.

Scottish house prices rose strongly in the three months ending October 2003, taking the average price of a house to �95,599.

Underlying annual increase South east 27.9% Glasgow 27.2% Aberdeen 22.2% Dundee 19.4% South west 17.9% Central 17.4% North 17% Edinburgh 15.6%

Over the year, Scotland generally has witnessed a big rise in house prices at 19.2%, according to Lloyds TSB.

Prices north of the border have now risen for 11 consecutive quarters.

Professor Donald MacRae, chief economist at Lloyds TSB Scotland, said that in the short term price rises looked set to continue.

He said: "Low levels of borrowing in relation to income will sustain the Scottish housing market through the rest of 2003 and 2004.

"The recent rise in interest rates should begin to moderate the rise in Scottish house prices to a more sustainable longer-term level."

The Lloyds TSB Scotland House Price Monitor shows changes in the underlying annual increase by area.

All rises are for October 2002 to October 2003 compared with July 2002 to July 2003.