Gullane street named among most expensive to buy a home in Scotland

Hill Road, with views out over the Firth of Forth, was ranked number five in the list compiled by the Bank of Scotland.

Edinburgh's Ann Street, known for its “stunning” aesthetics and classic Georgian architecture, has been identified as the priciest place to purchase a property by the Bank of Scotland, with buyers having to fork out more than £1.68 million on average for a house.

Golf Place in St Andrews is second on the list, with homes said to be exchanging hands for about £1.61m, while Wester Coates Avenue in Edinburgh rounds out the top three with average prices of more than £1.5m.

Graham Blair, mortgages director with the Bank of Scotland, pictured, said: “We all know houses come at a big cost, but these addresses offer some extremely pricey properties.

“Ann Street, in the beautiful city of Edinburgh, tops the most expensive list for a second year running, setting wealthy buyers back almost £1.7m, on average.

“There is some variety in Scotland’s most expensive streets this year, with roads in St Andrews, Gullane and Glasgow also hitting the top 10 list, with £1m-plus luxury addresses also to be found in Musselburgh and North Berwick.

“While these desirable areas aren’t immune to the wider house price falls we’ve seen this year, it’s clear Scotland’s snazziest streets continue to hold appeal for those able to afford a home on them.”

The full list of expensive streets is as follows:

1. Ann Street, Edinburgh;
2. Golf Place, St Andrews;
3. West Coates Avenue, Edinburgh;
4. Regent Terrace, Edinburgh;
5. Hill Road, Gullane;
6. Danube Street, Edinburgh;
7. Wester Coates Gardens, Edinburgh;
8. Cleveden Gardens, Glasgow;
9. Dean Street, Edinburgh;
10. Warriston Crescent, Edinburgh.