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Edinburgh dominates list of Scotland’s most expensive streets

10th March 2011 Print

Not far from the home of Scottish rugby lies Belmont Drive - Scotland's most expensive residential street with an average price of £2,346,000, according to latest research from Bank of Scotland.

Unsurprisingly, the majority of Scotland's most expensive streets - 15 of the top 20 - are located in Edinburgh. Ettrick Road in Merchiston is the second most expensive street (£1,886,000) followed by Dick Place in the Grange conservation area (£1,628,000).

Outside Edinburgh the most expensive streets are Hill Road in Gullane (£1,330,000); Rubislaw Den South in Aberdeen (£1,179,000); Countess Gate in Bothwell (£1,060,000) and Craigielaw Park in Longniddry (£1,022,000).

There are an estimated 14 streets in Scotland with an average house price above £1 million.

Whilst Countess Gate in the suburb of Bothwell is Glasgow's most expensive street, the next two are both located west of the city in Hyndland; Kingsborough Gardens (£949,000) and Westbourne Gardens (£895,000).

Aberdeen's most expensive streets lie on the west side of the city; Rubislaw Den South (£1,179,000), followed by Rubislaw Den North (£1,086,000) and Woodlands Gardens (£896,000).

Nitesh Patel, housing economist at Bank of Scotland, commented, "As the political and financial capital of Scotland, unsurprisingly the most expensive residential streets can be found in Edinburgh. The most expensive is Belmont Drive, just a short distance from Murrayfield Stadium. Across Scotland, the survey shows that the most expensive streets are tightly clustered in relatively small areas."