Scotland's wealthiest (and poorest) housing markets
Edinburgh wealthiest housing market in Scotland with average property values of £227,926
North Lanarkshire poorest market in Scotland with average house prices 34% below the national average
Avg. property value in Scotland now stands at £159,890
Edinburgh is the area with the highest average property value in Scotland, according to the latest figures from leading property website, Zoopla.co.uk. The average house price in Edinburgh is now £227,926, more than £68,000 higher than the average Scottish house price, which is currently £159,890.
In contrast, average property prices in North Lanarkshire currently stand at £106,006, the lowest in the country, 53% less than in Edinburgh and 34% below the national average.
The statistics released today by Zoopla.co.uk, which provides free value data on every property in Scotland, reveals Aberdeenshire in second place in terms of areas with the highest average house prices in Scotland at £205,254, followed by East Lothian in third position at £201,958. Meanwhile, at the other end of the scale, rounding out the top three poorest housing markets in the country are Shetland where average property values stand at £107,696 and West Dunbartonshire at £120, 573.
Top 10 Wealthiest Housing Markets
Rank | Market | Avg. home value |
|---|---|---|
1 | Edinburgh | £227,926 |
2 | Aberdeenshire | £205,254 |
3 | East Lothian | £201,958 |
4 | Stirling | £181,634 |
5 | Perth & Kinross | £176,181 |
6 | Midlothian | £169,985 |
7 | Scottish Borders | £166,636 |
8 | Highland | £158,040 |
9 | South Ayrshire | £155,006 |
10 | Argyll & Bute | £153,916 |
Source: Zoopla.co.uk
Top 10 Poorest Housing Markets
Rank | Market | Avg. home value |
|---|---|---|
1 | North Lanarkshire | £106,006 |
2 | Shetland | £107,696 |
3 | West Dunbartonshire | £120,573 |
4 | Orkney | £121,200 |
5 | East Ayrshire | £121,740 |
6 | North Ayrshire | £124,194 |
7 | Falkirk | £126,900 |
8 | South Lanarkshire | £127,515 |
9 | Western Isles | £127,973 |
10 | Clackmannanshire | £133,275 |
Source: Zoopla.co.uk
Nicholas Leeming, Commercial Director of Zoopla.co.uk comments: "It is clear that some parts of Scotland have performed much better than others through the downturn of the past 3 years and, as the economy strengthens, the Scottish housing market will likely perform best in those areas that are least sensitive to the upcoming public sector cuts."
- Ends -
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