St. Andrews - the “world’s home of golf” - now has the accolade of possessing Scotland’s most expensive street, according to research from Bank of Scotland.
The Scores, which is a stone’s throw from the world renowned Old Course golf course, has knocked Edinburgh off top spot, with an average house price of £2,179,000.
The Scores rolls along the cliff edge of St Andrews and boasts unbeatable views out to St Andrews Bay and the North Sea. Lined with traditional Victorian detached and terraced houses, the narrow road eventually culminates at the first tee of the world famous Old Course.
Dominating half of the top 20 table, Edinburgh still has the highest number of expensive streets in Scotland. Aberdeen now accounts for five of the prestigious locations and Glasgow three, while other than St Andrews; Balmoral Court in Auchterarder is the only top 20 location outside the main cities.
Edinburgh’s most expensive residential street can be found in Merchiston, where homes are a mixture of late Georgian, Victorian and Edwardian villas and Victorian tenements. Ettrick Road with an average house price of £1,899,000, is the most expensive street in Edinburgh and second most expensive in Scotland. At over half a million pounds less, the New Town’s Northumberland Street (£1,390,000) and Heriot Row (£1,374,000) are Edinburgh’s next most expensive streets.
Seven out of the ten most expensive streets in Aberdeen are all located in the AB15 postcode. To live in Rubislaw Den North or Rubislaw Den South you have to be prepared to spend over £1.5m for a property there. These areas are Scotland’s third and fourth most expensive streets respectively. Although somewhat cheaper, properties in Aberdeen’s tenth most expensive street, Menzies Park in AB12, still average at over £776,000.
Last year, only one street in Glasgow had an average house price of over £1m - Baroness Drive in Thorntonhall. This remains Glasgow’s most expensive street with an average price of £1,037,000, however 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 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.”