Revealed: Scotland's most expensive postcodes

Edinburgh and Aberdeen are home to Scotland's most expensive postcodes, according to figures from Registers of Scotland (RoS).

The statistics, based on sales over £1m between January and September this year, reveal the most affluent areas in Scotland.

The New Town in Edinburgh saw the highest number of high value properties changing hands, with nine sales ranging between £1m and £1.8m.

The next three most expensive postcodes are all in the south west of Aberdeen, covering areas such as Cults, Rubislaw and Milltimber. Sixteen properties across three AB15 postcode sectors sold for between £1m and £2.2m.

Five of the six remaining top ten most expensive postcodes are claimed by Edinburgh, with 18 properties selling for between £1m and £2m.

Aberdeen makes one further appearance, with AB13 eighth in the table, having seen three properties sell for over £1m.

Hugh Welsh, head of data at RoS, said: "It won't come as a surprise to many that Scotland's capital city and Aberdeen dominate the over-£1m property market. 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.

"Of course, there are exceptions – within the same period this year, we've seen a house in Haddington sell for £3m, and another in St Andrews for £2.6m, but one-offs like these tend not to represent a collection of high-value properties in one area."

In the first nine months of the year, 92 properties were sold for over £1m. 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 the same period last year, 71 properties over £1m changed hands; 45 in Edinburgh, 10 in Aberdeen, and 16 across the rest of Scotland.

ENDS

Communications, Registers of Scotland, Meadowbank House, 153 London Road, Edinburgh, EH8 7AU.

To request an interview please telephone Alexandra Wingate on 0131 479 3696 or email communications@ros.gov.uk .

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NOTES TO EDITORS

  1. Registers of Scotland (RoS) is the non-ministerial government department responsible for compiling and maintaining registers relating to property and other legal documents in Scotland. RoS records and safeguards the rights of the individual while providing open access to information on the registers.

  2. These figures cover all residential sales over £1m, including sales for cash not involving a mortgage.

  3. The table of the top ten most expensive postcodes, sorted by the number of sales and average price for those properties over £1m, is below:

    Postcode sector

    Number of sales

    Average price over £1m

    EH3 6

    9

    £1,295,000

    AB15 5

    6

    £1,252,500

    AB15 9

    5

    £1,400,884

    AB15 4

    5

    £1,392,255

    EH4 1

    4

    £1,320,000

    EH9 2

    4

    £1,298,194

    EH13 0

    4

    £1,135,000

    AB13 0

    3

    £1,355,567

    EH12 6

    3

    £1,215,000

    EH12 5

    3

    £1,191,667

    Issued on November 5, 2014