Scotland’s property market continues to exhibit remarkable robustness, particularly in Edinburgh and East Lothian. Recent data from the Bank of Scotland reveals that seven of the top ten most expensive streets in Scotland are located in Edinburgh, with East Lothian also featuring prominently.
Top 10 Most Expensive Streets in Scotland
The Bank of Scotland’s report, based on property transactions between January 2019 and September 2024, highlights the following streets as the most expensive in Scotland:
1. Queens Crescent, Auchterarder: £2,927,000
2. Ann Street, Edinburgh: £1,807,000
3. Elphinstone Road, Glasgow: £1,645,000
4. Regent Terrace, Edinburgh: £1,621,000
5. Wester Coates Avenue, Edinburgh: £1,615,000
6. Wester Coates Gardens, Edinburgh: £1,535,000
7. Hill Road, Gullane: £1,518,000
8. Nile Grove, Edinburgh: £1,514,000
9. Danube Street, Edinburgh: £1,460,000
10. St. Bernards Crescent, Edinburgh: £1,404,000
Notably, seven of these ten streets are situated in Edinburgh, underscoring the city’s enduring appeal in the luxury property market.
Edinburgh’s Prestigious and Expensive Streets
Edinburgh’s prominence in the luxury property sector is evident, with streets like Ann Street, Regent Terrace, and Wester Coates Avenue ranking among the most expensive in Scotland. These areas are renowned for their historic architecture, proximity to cultural landmarks, and vibrant community life, making them highly desirable locations for affluent buyers.
East Lothian’s Coastal Appeal
East Lothian also features prominently, with Hill Road in Gullane and Archerfield in North Berwick making the top 15 most expensive streets. These coastal locations offer a blend of natural beauty, recreational amenities alongside excellent connectivity to Edinburgh and beyond by rail, car and plane - attracting those seeking a serene yet accessible living environment.
The Simpson & Marwick Perspective
The concentration of high-value properties in Edinburgh and East Lothian reflects broader trends in Scotland’s luxury housing market. Factors such as historical significance, architectural heritage, and quality of life continue to drive demand in these regions.
The fact that seven of the top ten most expensive streets are in Edinburgh, with East Lothian also featuring prominently, underscores the enduring appeal of these areas in Scotland’s luxury property market.
This concentration reflects the high demand for properties in these regions, driven by their rich history, cultural significance, and quality of life.
Working with us
The latest data highlights the enduring appeal of Edinburgh and East Lothian in Scotland’s luxury property market. For those interested in exploring these areas, consulting with a local estate agent can provide valuable insights into the unique opportunities available in these prestigious locations.
If you are thinking of selling and would like a no obligation valuation, Simpson & Marwick can help.
