Auchterarder home to two most expensive streets

survey puts milltimber in aberdeen second in list of dearest areas to live in scotland

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High-earning oil industry employees are likely to have boosted prices in Milltimber

 High-earning oil industry employees are likely to have boosted prices in Milltimber  High-earning oil industry employees are likely to have boosted prices in Milltimber

TWO of Scotland’s most expensive streets are in the Perthshire town of Auchterarder, according to a new survey.

Caledonian Crescent tops the Scottish Property Rich List, with average house prices reaching £1.8million.

Homes in Auchterarder’s Balmoral Court, in second place, sell for about £1.5million.

And Milltimber in Aberdeen is second on the list of Scotland’s most expensive towns and city suburbs, with the average house price reaching £368,818.

The property valuation website Zoopla.co.uk calculates the most expensive streets and areas across Scotland.

The list of highest value towns also includes Lochearnhead in Perthshire in eighth place, with homeowners paying an average of £276,099.

Homes in Edinburgh and a street at St Andrews make up the rest of the list of Scotland’s most expensive streets.

Alastair Byres, director of marketing for estate agent Miller Hendry, which has a property shop at Auchterarder, said: “Auchterarder has consistently been an area for higher-value properties.

“There are a number of very good residential properties, both new-build and older properties.

“The fact that Gleneagles is in the area is definitely a factor. There has been a number of very large, high-value properties built in and around Auchterarder in the last five years.

“We have also noticed a number of people who are retiring to the area, from either central Scotland or from England, who have sold very high-value properties in those areas.”

Zoopla.co.uk said the number of oil industry employees is likely to have affected house prices at Milltimber.

But the chairman of Aberdeen Solicitors’ Property Centre, John MacRae, said the figures are misrepresentative of the market.

He said: “These figures need to be looked at carefully – they are a snapshot of the market at a particular time and are restricted to a limited range of housing.”



 

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