Property market figures released by the ESPC in 2023 show house prices falling in Edinburgh, with the average property selling for around £265,000. There was also a price drop in West Lothian, but prices rose in East Lothian and Midlothian – the third and fifth most expensive areas in Scotland.
Take a look through our gallery to see which areas in Edinburgh were ranked the most expensive – with prices reaching £657,000 in some prime locations.

1. Murrayfield and Ravelston
Prices in Ravelston and Murrayfield ranked as the most expensive in Edinburgh with an average of £657,000. Photo: Street view Google

2. New Town West
Properties in New Town West are the second most expensive in the Capital with an average price of more than £601,000. Photo: Street view

3. Greenbank and The Braids
Greenbank and The Braids on the south west edge of the city came in as third most expensive area to buy a property with average price of £585,000. Photo: Google

4. Dean Village
The picturesque Deans Village is the fourth most expensive area of the Capital to buy a property with average price of £517,000. It also had the most number of properties sold in the city, according to the latest figures. Photo: Alex Orr Photo: Alex Orr