Edinburgh is recognised throughout the world as a fantastic and desirable place to live. Searching for a new home can often be difficult when you don’t know the area, however we can provide you with information on the capital’s housing market, neighbourhoods, amenities, transport options within the city and details on local schools and universities. We can also connect you with experienced local estate agents who offer some of the most sought after flats, apartments and houses, for sale and rent across the Edinburgh city region.
The cost of residential property in the UK varies massively depending on location. In 2017, the average selling price of a residential property in Edinburgh was approximately £225,650. (Note: Average house price refers to April 2017 sales)
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The Edinburgh Solicitors Property Centre (ESPC) lists properties from a network of around 200 Solicitor Estate Agents and markets them through its website, espc.com, a free weekly property newspaper and its showrooms in Edinburgh and Dunfermline. Edinburgh also offers competitive rental costs compared to other UK cities. The letting agency Citylets publishes quarterly reports providing a breakdown of average rents in each area of Edinburgh.
All residential properties in Scotland are subject to Council Tax. Council Tax is a local tax, with annual receipts contributing directly to the funding of local services. In Scotland, all residential properties are assigned to one of eight bands (from A to H), based upon the value of that property. More information on Council Tax bands and charges in Edinburgh, setting up a new account, whether or not you will be entitled to discounts and exemptions, and how to pay your Council Tax can be found at the City of Edinburgh Council.
If you would like to discover more about Edinburgh's housing market, housing costs and Council Tax information for yourself, a family member or your employees, living and working in Edinburgh and the city region, get in touch today.