House prices in Edinburgh North West rose 20% to an average of £290,041 over the last three months, according to the latest ESPC House Price Report.

“Highlighting the area as a popular place to live for easy commutes into the city centre, locations in Edinburgh North West saw notable growth,” said the report.

“Kirkliston increased 37.1% year-on-year to an average price of £331,044, while the sought-after South Queensferry rose 17.4% to £273,420.”

Overall, the average selling price of property in Edinburgh, the Lothians, Fife and the Borders was £287,184 during November 2024 – January 2025, up 4.6% year-on-year.

The report said that despite a slight decrease of 2.1% in the number of properties coming onto the market in November 2024-January 2025 compared to the previous year, sales volumes were “remarkably higher.”

“This year saw an increase of 21.6% in sales, hinting at increasing numbers of buyers in the market in comparison to winter 2023/24, which can only be positive news,” said the report.

ESPC reported an increase in the average selling price across the majority of areas covered in the report.

In West Fife & Kinross the average selling price increased 11.8% to £231,582. Midlothian saw its average selling price rise to £260,237, an increase of 4.4% year-on-year, while Edinburgh’s average rose 3.6% to £300,744.

In the Scottish Borders, property prices increased by 5.1% to £227,164, while in East Lothian, the average selling price dropped marginally 0.1% to £275,007. West Lothian also experienced a slight dip in average selling price, decreasing 0.6% to £241,818.

In the east of Edinburgh, Leith saw notable increases with two-bedroom flats rising 12.5% annually to an average of £261,486. One-bedroom flats in Leith also saw a healthy increase, jumping up 8% year-on-year to £183,797. In Portobello, two-bedroom flats enjoyed an increase of 11.7% annually, to an average selling price of £303,516.