House prices soar in East Lothian and Midlothian |
The latest figures from the ESPC reveal mixed trends in house prices across Edinburgh, West Lothian, East Lothian, and Midlothian. While prices have fallen in Edinburgh and West Lothian, they have risen in East Lothian and Midlothian. The average selling price in Edinburgh is £299,164, down 0.9% from last year, indicating a settling demand. East Lothian experienced the largest increase in average selling prices, rising by 5.7% to £296,869. However, the volume of properties sold has decreased by 12.9% compared to last year. Paul Hilton, CEO of ESPC, notes that the post-pandemic property boom is slowing down. |
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