Scotland’s Most Expensive Street Revealed with Homes Costing Almost £3m
The most expensive street in Scotland has been revealed to be Queen’s Crescent in Auchterarder, Perth and Kinross, where homes average a staggering £2,927,000, according to data from the Bank of Scotland. This prestigious street has surpassed Ann Street in Edinburgh from the top spot, which had Georgian properties averaging £1,807,000. Ann Street had held the top position for two consecutive years before being dethroned by Queen’s Crescent.
Interestingly, despite Queen’s Crescent claiming the number one spot, Edinburgh still dominates the list of the top 10 most expensive streets in Scotland, with 70% of the entries hailing from the capital city. Queen’s Crescent is situated in Gleneagles Village, near the renowned Gleneagles golf course, highlighting the allure of properties close to golfing resorts.
Isla Benzie, the head of Bank of Scotland Home, commented on the findings, stating, “Queen’s Crescent in the picturesque town of Auchterarder is Scotland’s priciest postcode, with homes averaging a staggering £2,927,000. The street, located near the esteemed Gleneagles golf course, has emerged as the leader, surpassing last year’s winner, Ann Street in Edinburgh.” The report indicates that areas near popular golf courses feature prominently on the list of Scotland’s most expensive streets.
Elphinstone Road in Giffnock, East Renfrewshire, takes the third spot on the list, with properties commanding an average price of £1,645,000. Regent Terrace in Edinburgh follows in fourth place, with townhouses near Calton Hill averaging £1,621,000. Other notable entries include Wester Coates Avenue near Murrayfield Stadium and Hill Road in Gullane, East Lothian.
The data is based on annual average house prices from January 2019 to September 2024, sourced from the Registers of Scotland. Only streets with a minimum of five transactions during this period were considered in the analysis. Notably, Glasgow has only one street in the top 25 list, highlighting the concentration of high-end properties in Edinburgh and its surrounding areas.
In summary, the latest findings from the Bank of Scotland reveal the evolving landscape of Scotland’s property market, with Auchterarder’s Queen’s Crescent emerging as the new leader in luxury real estate. While Edinburgh continues to showcase its prestige with multiple entries in the top 10, the data sheds light on the appeal of properties near sought-after amenities such as golf courses. The report provides valuable insights into the property trends shaping Scotland’s most exclusive residential areas and underlines the enduring desirability of premium real estate in the country.