St Andrews is well above par with country’s dearest street

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Scotland’s capital city is home to 10 of the streets in Scotland’s top 20, while Glasgow has five and Aberdeen four. Outside the biggest three cities, only 14 streets feature in the top 100.

Graham Blair, mortgage director at Bank of Scotland, which produced the list, said: “No location in Scotland is on par with St Andrews when it comes to the nation’s most desirable addresses.

“It should come as no surprise that Edinburgh, Aberdeen and Glasgow all dominate the list of most expensive streets in Scotland. What is surprising is that there are only 14 locations outside of the big three cities that appear on the list within the top 100.”

Across Scotland, there are 93 streets with an average price tag of more than £750,000.

Edinburgh’s most expensive residential street is still Ettrick Road with an average house price of £1,899,000, making it the second most expensive street in Scotland.

Regent Terrace is the second most expensive street in the capital at £1,371,000, followed by Heriot Row on £1,334,000.

In Aberdeen, Deeview Road South has taken first place with an average house price of £1,232,000. Rubislaw Den South is the second most expensive street in Aberdeen at £1,224,000 with Friarsfield Way coming in third at £1,132,000 ahead of North Deeside Road on £1,074,000.

Glasgow’s most expensive street, Capelrig Lane – home to just seven individually designed residences – boasts an average price tag of £1,550,000, which is £472,000 more than second placed Manse Road where houses cost £1,078,000 on average. Last year’s most expensive, Baroness Drive, is further behind on £1,017,000.

The city of Dundee makes its highest appearance in 185th position, with average house prices in Braeside at £631,000.

Estate agent Savills claimed average prices in St Andrews’ top address were down to a surge of sales at Hamilton Grand, Scotland’s most expensive building, situated on the corner of Golf Place and The Scores.

The prestigious re-development of 26 luxurious apartments by Kohler & Co in the former Grand Hotel, overlooks the 18th Green of the Old Course.

Asking prices start from £1.05 million for a two bedroom apartment and from £4.1 million for a four bedroom apartment.

Jamie Macnab of Savills said: “St Andrews is one of Scotland’s iconic locations. The town is known worldwide as The Home of Golf. Golfers from all over the world want to play The Old Course, and many fall in love with the historic coastal university town and dream of buying a home here.”

He said Hamilton Grand had attracted buyers from all over the world including America, Scandinavia and Hong Kong, adding: “To date all the buyers have been from abroad, including expat Scots.”