The most expensive street in Scotland is now outside Edinburgh, data shows.
The Bank of Scotland said properties in Queen’s Crescent in Auchterarder, Perth and Kinross, average £2,927,000 – making it the most expensive street in Scotland.
It has ousted Ann Street in the Stockbridge area of Edinburgh from the top spot, where Georgian properties average £1,807,000. It is now in second place after topping the list in 2023 for the second year in a row.
However 70% of the top 10 most expensive streets are in Edinburgh.
Queen’s Crescent is part of Gleneagles Village, close to world-famous golf course, and other regions near golfing resorts appear prominently on the list.
Isla Benzie, head of Bank of Scotland Home said: “Queen’s Crescent in the picturesque town in Auchterarder is Scotland’s priciest postcode, with homes averaging a staggering £2,927,000.
“The charming street, just a stone’s throw from the world-famous Gleneagles golf course, has taken the top spot by some way from last year’s winner Ann Street in Edinburgh.
“However, Edinburgh continues to retain some of the most prestigious streets across Scotland, with seven of the top 10’s most expensive places found in the city.”
In third place is Elphinstone Road in Giffnock, East Renfrewshire, a commuter belt area near Glasgow which has boomed in popularity because of it schools, with properties averaging £1,645,000.
Regent Terrace in Edinburgh is fourth, with classical townhouses near Calton Hill averaging £1,621,000.
Fifth on the list is Wester Coates Avenue near Murrayfield Stadium, where homes have an average price tag of £1,615,000, while neighbouring Wester Coates Gardens is sixth with an average price of £1,535,000.
Hill Road in Gullane, East Lothian, is seventh, with homes near the golf course averaging £1,518,000.
Nile Grove in the Morningside area of Edinburgh has house prices averaging £1,514,000, taking eighth place, while Danube Street in Stockbridge is ninth as homes are worth an average of £1,460,000.
Neighbouring St Bernard’s Crescent rounds off the top 10, with the street famed for links with artist Sir Henry Raeburn and where house prices average £1,404,000.
Only one street in Glasgow is in the top 25 – Cleveden Gardens in Kelvindale, in the west end, came in at 15th (£1,296,000).
The only other postcode in the west of Scotland in the list is in Newton Mearns, East Renfrewshire, where homes in Broom Gardens average £1,227,000, putting it in 18th place.
In the south of Edinburgh, St Albans Road is 14th (£1,301,000) and centrally located Kinnear Road is 11th (£1,341,000).
In the Morningside area of Edinburgh, Corrennie Gardens ranked 12th (£1,324,000) and nearby Morningside Place is 16th (£1,269,000).
In neighbouring Newington, Blacket Place is 19th (£1,222,000), Pavilion Crescent is 22nd (£1,203,000) and Queen’s Crescent is 25th (£1,182,000).
In Stockbridge, an area made famous by Ian Rankin’s Rebus novels, East Fettes Avenue is 20th on the list (£1,221,000), and Ravelston Park is 21st (£1,214,000).
Heriot Row in Stockbridge, a road with period homes dating from 1802, is the penultimate entry on the list (£1,189,000), while Warriston Crescent, a short walk from Edinburgh Castle, is 23rd (£1,193,000).
House prices are based on annual average prices of house transactions between January 2019 and September 2024, sourced from the Registers of Scotland, and only streets where there have been at least five transactions over the period were included.
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