Property prices soared by 20 per cent or more in dozens of Scottish neighbourhoods last year, with rises in some areas of the Capital of nearly fifty per cent.
Soaring house prices are usually an indicator of an up-and-coming area. In Edinburgh, the average property price in 2022 was £265,000.
Across Scotland, about three-quarters of areas (74 per cent) saw average house prices rise between 2021 and 2022, while one-quarter saw prices fall and the rest saw them stay the same.
Here we reveal the 15 neighbourhoods of Edinburgh which saw average property prices rise the most in that period, based on median sold prices. Our analysis excludes areas with fewer than 10 house sales.
There were 173 pockets of the country where the average sold price was a fifth higher in 2022 than in 2021 - including 59 areas which saw prices rise by 30 per cent or more.
Our figures also revealed average house prices for more than 1,000 smaller neighbourhoods, where differences were even more pronounced. The neighbourhoods, officially known as intermediate zones, each contain between 2,500 and 6,000 households. The averages can be affected by, for instance, new housing developments going on sale in an area that year.
Take a look through our picture gallery to see the areas of the Capital that have seen the fastest rises in house prices.
9. Oxgangs
In Oxgangs the average house price was £136,000 in 2021 and 165,000 in 2022, a rise of more than 20 per cent. Photo: Google
10. Granton and Royston Mains
In Granton and Royston Mains the average property price was £190,000 in 2021 and £22,000 in 2022, a rise of nearly 16 per cent. Photo: Google
11. North Leith and Newhaven
In North Leith and Newhaven the average property price was £182,000 in 2021 and £210,000 in 2022, a rise of 15 per cent. Photo: Google
12. Corstorphine South
In Corstorphine South the average property price was £190,000 in 2021 and £218,000 in 2022, a rise of 15 per cent. Photo: Google