The ESPC has revealed the most desirable and up and coming areas in and around Edinburgh, including the three latest local hotspots for buying homes and a significant increase in property listings in seaside areas.
Leith tops the list when it comes to homes sold in 2022 in Edinburgh, with sales still increasing this year. While seaside areas in and around Edinburgh have seen a significant increase in new property listings in the past year, with people moving further from the city centre to find larger properties for their budget.
Paul Hilton, CEO of ESPC, says: “In the past three months we have seen continued interest in suburban and out-of-town areas with a rise in new property listings in areas such as Corstorphine South Queensferry, Dalmeny and Portobello which are popular with young families and professionals who want homes with more space to accommodate flexible working patterns.
“There are also promising signs of more first-time buyers stepping onto the market, with Dunfermline and Leith recording the most sales from ESPC solicitor estate agents. Properties here are traditionally more affordable but offer a vibrant, exciting place to call home.
“If you are thinking of buying or selling in Edinburgh, the Lothians, Fife or the Borders, contact your local ESPC agent today.”
1. Portobello
There’s been a significant increase in new property listings in seaside areas in and around Edinburgh. With Portobello seeing an increase of 38.1 per cent from November 2022-January 2023. Photo: SNS Group
2. Leith
The ESPC recorded more sales in 2022 in Leith than any other area in Edinburgh, with the trend continuing this year. It was second only to Dunfermline. Photo: Getty
3. South Queensferry
The quaint coastal town of South Queensferry saw an incredible 200 per cent increase in property listings from November 2022 to January 2023, according to the ESPC. With the average selling price of three-bedroom houses in South Queensferry and Dalmeny rising by 11.6 per cent to £312,458. Photo: Getty
4. Corstorphine
Corstorphine recorded the third most house purchases recorded by the ESPC last year, with sales continuing to rise this year. Photo: Getty