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Edinburgh Live
Edinburgh Live
National
Katie Williams

New Edinburgh property hotspot named as house prices rise by 9.5% in one area

Edinburgh city centre house prices have reached an average of £316,152, according to a new report.

As explained in a report by Edinburgh property agency ESPC, the average property prices in Edinburgh, Midlothian and the Borders have all seen rises, with the highest price increase seen on the outskirts. Buyers have taken advantage of more affordable homes outside of Edinburgh but still within easy reach.

The average selling price for homes in Midlothian was £266,975, an increase of 13.7 per cent annually, whilst property in the Borders had an average selling price of £243,122, up 11.2 per cent year-on-year.

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