A new list of the “most expensive” streets in Scotland has been revealed.
As anyone who has ever purchased property will know that location plays a huge role in the cost of a home. Even small flats can cost hundreds of thousands of pounds if they are situated in a popular postcode.
Ahead of the new year, Bank of Scotland has named the country’s priciest streets for property. Topping the list is Queens Crescent in Auchterarder.
Between 2019 and 2024, house prices on the picturesque Perth and Kinross road averaged £2,927,000. Queens Crescent forms part of the prestigious Gleneagles Village.
Auchterarder is home to the legendary five-star Gleneagles Hotel, which features three golf courses and Scotland’s longest-standing two Michelin-starred restaurant. The town is also known for its wide variety of independent shops and tea rooms, while its main street is the longest in Scotland.
Queens Crescent knocked off last year’s priciest address, Ann Street in Edinburgh, by some way. According to Bank of Scotland, this is due to its “stunning” homes and desirable location, while high-profile properties have significantly pushed up the average house prices in the area.
Properties on Ann Street in the Scottish capital were found to have an average price of £1,807,000. The historic street is renowned for its classic Georgian façades and enviable location in the heart of Edinburgh.
Completing the top three is Elphinstone Road in the affluent Glasgow suburb of Whitecraigs. Here, houses cost an average of £1,645,000.
Seven of the top 10 most expensive streets in Scotland are situated in Edinburgh. Regent Terrace, Wester Coates Avenue, Wester Coates Gardens, Nile Grove, Danube Street, and St. Bernards Crescent all appear on the roundup.
Elsewhere, Hill Road in Gullane comes in at number seven. Properties on the street in the East Lothian seaside town are priced at £1,518,000 on average according to Bank of Scotland.
Head of Bank of Scotland Specialist Brands Isla Benzie commented: “Queens 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 place found in the city. It’s clear that Scotland continues to attract some exclusive places to call home, for those able to afford them.”
See below for the full list of the “most expensive” streets in Scotland. More information can be found on the Lloyds Banking Group website.
Scotland’s 10 most expensive streets
- Queens Crescent, Auchterarder — £2,927,000
- Ann Street, Edinburgh — £1,807,000
- Elphinstone Road, Glasgow — £1,645,000
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Regent Terrace, Edinburgh — £1,621,000
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Wester Coates Avenue, Edinburgh — £1,615,000
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Wester Coates Gardens, Edinburgh — £1,535,000
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Hill Road, Gullane — £1,518,000
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Nile Grove, Edinburgh — £1,514,000
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Danube Street, Edinburgh — £1,460,000
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St. Bernards Crescent, Edinburgh — £1,404,000
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