Edinburgh property: These are 15 cheapest areas in Edinburgh to buy a house, including Gorgie and Granton
Purchasing a house in Edinburgh is becoming increasingly difficult, with the Capital having been ranked as the second most expensive place in Scotland to get onto the property ladder. But there are still bargains to be had in some areas of the city.
As the rising cost of mortgages continues to pile pressure on homebuyers’ budgets, the latest figures show the most affordable parts of the city to buy property.
Nationally, Inverclyde was the cheapest council area in Scotland to buy a home, with the average price coming in at £95,000 – almost twice as cheap as the national average of £180,000. West Dunbartonshire was the second cheapest place in Scotland to buy, with an average sale price of £115,000, while in East Ayrshire and North Ayrshire the average price was £120,000, according to the new data published by the Scottish Government.
East Renfrewshire was found to have the highest average property price, with the average home costing £275,000. In Edinburgh, the average property price in 2022 was £265,000.
The 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.
Here we reveal the cheapest neighbourhoods to buy a house in Edinburgh, based on the median house price in 2022. Our analysis excludes areas with fewer than 10 house sales. The figures do not adjust for the different types of housing sold in different areas and averages can be affected by, for instance, new housing developments going on sale in an area that year.
Scroll through our picture gallery to see the 15 cheapest areas of Edinburgh to buy a property.