Zoopla has warned today that a Yes vote on Thursday could wipe thousands off the average house price in Scotland.
House prices in Scotland dropped 17.5% during the financial crisis and Zoopla warned that a repeat could wipe £31,000 off prices.
Over the last two years Scottish house prices have grown on average by 8.3% (£13,728) with the average Scottish home now standing at £177,599 – still 2.2% below their August 2008 peak.
Zoopla said that with a number of businesses intending to move south of the border in the event of a Yes vote, the supply of available properties could be increased, while demand would fall.
Further uncertainties following a Yes vote surrounding tax, currency and interest rates are also likely to impact negatively on house prices in Scotland, said the site.
Zoopla warned that mortgages could become harder to obtain, with a more limited choice of lenders, and higher interest rates could result. Home owners could be earning wages in a new currency but stuck with mortgages in sterling, which would leave them exposed to currency fluctuations.
Lawrence Hall of Zoopla said: “While the impact of the referendum on the Scottish and wider UK economy long-term is hard to predict and there are opposing views, a Yes vote would almost certainly have a detrimental effect on Scottish house prices in the short to medium term.”