The average price for a new home in Edinburgh sits at £293,406 - up seven per cent from this time last year, according to new data.
The pandemic did not put off perspective house buyers, as the city is well above the Scottish average of £207,778 and remains the most expensive in the country.
READ MORE - Scottish M&S shopper criticised for her 'selfish' Boxing Day sale haul
Graham Blair, mortgages director at Bank of Scotland, who supplied the data said: “Scottish house prices have enjoyed another bumper year, with growth outperforming the UK average and properties in almost every town now worth more than 12 months ago.
“The feedback we’re getting from customers matches what we see in the data. Prolonged working from home has influenced where people want to live and the type of property they want to own.
“While our major cities continue to be attractive, with commuting now less of a priority, areas that offer more space and better affordability have experienced increasing demand from buyers.”
So what can Edinburgh's average house price get you in different parts of the city?
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Five bed cottage for sale in Newbridge
Offers over £295,000
This recently renovated stone-built, semi-detached cottage is located in the village of Newbridge approximately eight miles west of Edinburgh city centre. It comes with spacious open plan living/dining/kitchen to the rear of the property and four bedrooms, family bathroom and WC. The property also benefits from a private driveway and has a private garden.
1 bed second floor flat for sale in Morningside
Offers over £290,000
This traditional second floor flat with a shared garden is in a highly sought after area of Morningside with a great choice of cafes and boutique shops close at hand. This impressive property has many attractive features on offer, the well-proportioned living room has an attractive bay window, ornate cornicing and feature fireplace.
3 bed detached house for sale in Baberton
Offers over £290,000
This spacious detached house in Baberton incorporates three bedrooms and several reception areas, and is accompanied by beautifully-maintained and private parking including a driveway and an attached single garage. Enjoying the best of both worlds, close to some of the city’s most treasured green spaces yet within easy reach of local amenities and transport links, this three-bedroom detached house boasts a tranquil setting within a leafy cul-de-sac in Baberton.
2 bed first floor flat for sale in Merchiston
Offers over £290,000
A very well-presented first floor flat situated in the highly desirable Merchiston district of the City, perfectly positioned to a range of local amenities and a short journey to the Edinburgh City Centre. The property is bright, spacious and freshly presented, making a perfect purchase for a professional person, couple or investment purposes.
3 bed semi-detached bungalow for sale in Oxgangs
Offers over £279,000
This three bedroom semi-detached bungalow has gardens to front and rear with garage. The property is ideally located in the popular Oxgangs area of Edinburgh lying south of the city centre, close to an abundance of local amenities with excellent transport links and schooling.
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2021-12-30 08:09:22Z
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