Recently released statistics from the Registers of Scotland (RoS) have revealed that Edinburgh and Aberdeen are home to Scotland’s most expensive postcodes.
The RoS looked at this year’s sales of properties valued at over £1 million and found that the New Town in Edinburgh saw the highest number of high value properties changing hands, with nine sales ranging between £1 million and £1.8 million.
The next three most expensive postcodes are all to be found in the south west of Aberdeen, covering areas such as Cults, Rubislaw and Milltimber. Sixteen properties across three AB15 postcode sectors sold for between £1 million and £2.2 million.
Five of the six remaining top ten most expensive postcodes are claimed by Edinburgh, with 18 properties selling for between £1 million and £2 million.
Aberdeen makes one further appearance, with three properties selling for over £1 million in the AB13 area, making it eighth in the table.
“It won’t come as a surprise to many that Scotland’s capital city and Aberdeen dominate the over-£1 million property market,” commented Hugh Welsh, head of data at RoS. “It’s interesting that Aberdeen’s most expensive properties are all within two postcode sectors, whereas Edinburgh’s are dotted across the city in areas like the New Town, Colinton and the Grange.”
In total, 92 properties were sold for over £1 million in Scotland in the first nine months of the year. Fifty-one of these had an Edinburgh postcode, while 21 were sold in Aberdeen. The remaining 20 properties were sold in areas across Scotland including Glasgow, Auchterarder and Bridge of Weir.
In comparison, there were 71 properties sold in Scotland for over £1 million over the same period last year; 45 in Edinburgh, 10 in Aberdeen, and 16 across the rest of Scotland.
Contact our Solicitors in Aberdeen
To find out how our solicitors based in Aberdeen, Scotland, can help you buy or sell a property, please call us today on 01224 968 210. We look forward to hearing from you.
