Regent Terrace in Edinburgh has topped this year’s property Christmas tree, according to the latest Bank of Scotland research, revealing Scotland’s most expensive streets in 2021.
For the second year in a row, a home in this luxe address and UNESCO World Heritage Site, with city views which are protected by a skyline policy[1], has an average price of £1.68m, down slightly from 2020.
The top five streets can all be found in Edinburgh. Ann Street (£1.59m) and Danube Street (£1.41m), both in the EH4 postcode 5km west of the city, place second and third in the list. Wester Coates Gardens (£1.33m) and Hope Terrace (£1.28m) complete Edinburgh’s dominance at the top.
Just two of the top ten most expensive streets fall outside of Edinburgh, with The Scores in St. Andrews (£1.28m) and Glasgow’s Earls Gate (£1.17m) breaking Edinburgh’s dominance.
Table 1: 10 Most Expensive Streets in Scotland 2021
Street Name |
Area |
Postcode |
Average House Price £
2016-2021* |
Regent Terrace |
Edinburgh |
EH7 5BN |
1,679,000 |
Ann Street |
Edinburgh |
EH4 1PJ |
1,585,000 |
Danube Street |
Edinburgh |
EH4 1NT |
1,405,000 |
Wester Coates Gardens |
Edinburgh |
EH12 5LT |
1,327,000 |
Hope Terrace |
Edinburgh |
EH9 2AP |
1,283,000 |
The Scores |
St. Andrews |
KY16 9JA |
1,280,000 |
Northumberland Street |
Edinburgh |
EH3 6LW |
1,265,000 |
Pavilion Crescent |
Edinburgh |
EH16 5FE |
1,203,000 |
Cumlodden Avenue |
Edinburgh |
EH12 6DR |
1,200,000 |
Earls Gate |
Glasgow |
G71 8BP |
1,171,000 |
Two new entries into the top 25 list come from areas surrounding Scotland’s capital, both with Edinburgh postcodes. In at 23rd on the list is Hill Road in Gullane, where unimpeded views of Gullane beach will set buyers back on average £1.08m. A short drive away, and rounding out the top 25, is King’s Cairn in North Berwick, where a coastal property costs an average of £1.07m.
Graham Blair, director at Bank of Scotland, said: “While Edinburgh continues to attract the highest house prices in Scotland, the entry of two coastal roads outside the city is indicative of the housing market over the past 18 months. Priorities have changed, homes that offer more space are more valuable to buyers than homes in prime commuting locations. Therefore, those with deeper pockets are starting to look further afield for their forever home.”