As a new ESPC report showed that many Edinburgh neighbourhoods are seeing incredible jumps in price, with an average home anywhere in the city costing £295,979, local Edinburgh residents are being priced out of neighbourhoods that used to be accessible.
In North West Edinburgh, houses are selling shockingly quickly, with homes going on average in just seven days. And over just the past year, homes in the area have increased in price by a staggering 21.4 percent.
The Silverknowes area, and the North West of the city more broadly, has long been sought after, with good access to the city, local amenities and in the catchment area of good schools- including Edinburgh Royal High School. However, it used to be far more accessible for people to buy in and many locals would be unable to buy a home in the area if they were looking for property now.
