New research from Bank of Scotland has identified Scotland’s most expensive streets, with The Scores in St Andrews — just a pitching wedge from the world famous Old Course — knocking Edinburgh off top spot with an average house price of £2,179,000.
However, dominating half of the bank’s top 20 table, Edinburgh still has the highest number of expensive streets in Scotland.
Aberdeen has five and Glasgow three — and Balmoral Court in Auchterarder is the only top 20 location outside the main cities.
Edinburgh’s most expensive residential street is in Merchiston, located between Bruntsfield and Craiglockhart, where homes are a mixture of late Georgian, Victorian and Edwardian villas and Victorian tenements.
Merchiston’s Ettrick Road, with an average house price of £1,899,000, is the most expensive street in Edinburgh and second most expensive in Scotland.
Edinburgh’s “New Town” has the capital’s next most expensive streets — Northumberland Street (£1,390,000 average) and Heriot Row (£1,374,000).
Seven of the 10 most expensive streets in Aberdeen are all located in the AB15 postcode.
To live in Rubislaw Den North or Rubislaw Den South in Aberdeen, buyers will have to be prepared to spend over £1.5 million.
These areas are Scotland’s third and fourth most expensive streets respectively.
Last year, only one street in Glasgow had an average house price of over £1 million — Baroness Drive in Thorntonhall.
This remains Glasgow’s most expensive street with an average price of £1,037,000 — but it is now closely followed by Baron Court in the G74 postcode (£1,035,000) and Grange Road in Bearsden (£1,033,000).
Graham Blair, mortgage director at Bank of Scotland, said: “Whilst Edinburgh normally has the x factor when it comes to the nation’s most desirable addresses, this year’s surprise is The Scores in St. Andrews taking the top spot as Scotland’s most expensive street.
“With Edinburgh being Scotland’s financial and political hub, it’s little surprise that it still dominates the most expensive streets table.
“Aberdeen retains a strong presence and the number of expensive streets has almost doubled compared to last year.
“While the capital and the Granite City (Aberdeen) dominate this survey it is interesting to note that in all 20 most expensive streets the average house price is at least £1 million, suggesting a rise in the number of the prime locations in Scotland.”