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ESPC July-September house-price report

Oct 3

2 min read

ESPC’s latest house-price report has revealed that average house prices in the capital rose by 3.3 per cent, over the period July-September, resulting in a new average of £315,847.

 

The median selling time in Edinburgh was 21 days, two days quicker than last year. Most areas in the capital experienced a faster property market, with particular reference to the southwest of the city, which covers towns such as Currie, Balerno and Juniper Green. The median selling time in this location was 20 days – six days faster than in 2024.

 

The east of the city was the fastest property market, with homes selling in 18 days (one day faster year-on-year). It also delivered the best performance for sellers, with properties achieving 103.6 per cent of their valuation.

 

The suburb of Leith Links saw the highest demand from buyers, as 63 per cent of properties for sale here had a closing date set.


Easter Road saw an uplift of 61.5 per cent in sales volumes, thought most likely to be due to numerous purchases of one-bedroom flats in the area – up 53.8 per cent year-on-year. Close by, Abbeyhill also showed strong numbers in terms of sales (up 44.4 per cent annually).


In terms of property types, one- and two-bedroom flats in Leith were the among the biggest sellers and two-bedroom flats in Leith were the most listed. 


Commenting on the report, which covers the Lothians, Fife and the Borders, as well as Edinburgh, ESPC chief executive, Paul Hilton said:


“Looking ahead to autumn, the combination of healthy price growth, competitive selling times and robust sales activity suggests a stable and confident property market across the region.”


www.espc.com 



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Photography: Edinburgh Business and Lifestyle

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