Houses in an affluent Aberdeen suburb are the most expensive in Scotland, despite their value decreasing by 7% since last year, a report said yesterday.
Milltimber, with an AB13 postcode, was named the country’s most expensive area, with average property prices topping £430,000 in the Scottish Property Rich List 2009.
The figures, released by house prices website Zoopla.co.uk, put the Bieldside area of Aberdeen at number three, with properties with an AB15 postcode selling for an average of £343,239.
The area is also home to the third most expensive street in Scotland with houses in Dalmuinzie Road worth an average of £1,194,214.
Aberdeen has 55 “streets of gold”, where houses are valued at more than £500,000. Edinburgh has 119 and Glasgow has 118.
Scotlands most expensive street is Caledonian Crescent at Auchterarder, with homes averaging at £1,587,979.
Aberdeen Solicitors Property Centre chairman John MacRae said he would have expected Milltimber and Bieldside to be at the top but the figures were “slightly skewed” as they boasted substantial, detached properties and few of a smaller nature.
He said other areas in the city, such as Rubislaw Den, were home to equally expensive houses but other lower- value homes brought the average price down.
Mr MacRae added: “There is still money in Aberdeen and house prices are still very high. They have come down in the first quarter of the year but less than the national average.”
Houses in Harbour Road in Inverness are sixth on the list of highest-value streets.
Homes in the Banchory area are worth almost £284,000, putting the town at number 12 on the list.
However, the cost of Milltimber homes has fallen by around £32,000 in the last year – a 7.2% drop – while property in the AB15 area has fallen by about £26,000, or 7.13% The price of a house in Dalmuinzie Road has fallen £88,000, a 6.9% decrease.
Houses in areas of the islands of Scalpay, Barra, Benbecula and in Shetland fill places two to five on the list of the 20 lowest-value areas in the country with houses in the HS4 region of Scalpay at around £66,000. Areas of Thurso, Dunbeath, Wick and the islands of North Uist and Harris figure on the same list.
Mr MacRae said the value of houses roughly corresponded with the proximity of vital services, such as hospitals and schools, which explained why many of the islands featured at the low end of the scale.