|Homes sold in the last 12 months
|Average house prices
People live in Edinburgh for many reasons, with the city now a capital once more as the home of Scotland's parliament. Also a centre of legal and banking institutions, the importance of the city is almost as striking as its grandeur, with historic buildings in the heart of the city supplemented by the panoramic views from Arthur's seat in the centre and fine shopping and dining facilities. Hosting a population of over 400,000, it is a heartland of Scottish culture and a must for any visitor to the country.
History - First named in the seventh century after a fort (Eidin's Burgh), the city grew in medieval times to be a capital city, home of royalty and an important place in British history. It became a seat of renaissance and modernist learning, earning it the nickname "the Athens of the north". The old town was built in medieval times, with the new town added in Georgian times as a more upmarket (and less disease-prone) district. The 1707 Act of Union took away the parliament, which was finally restored with devolution in 2001.
Edinburgh has plenty of flats and apartments in the centre. These are older buildings like London's rather than new build in the manner of many cities. Family homes are plentiful outside the centre, while high-rises are thin on the ground, in keeping with a historic skyline in which a skyscraper would be as incongruous as a UFO. Prices are well above the average for both Britain and Scotland, while like Scotland as a whole the market is not as cyclical as the overall UK trend.
The NAEA lists 39 different agents in the city, with more across the wider Lothian area.
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This material was last updated on 14 February 2024. It covers the period from 01 January 1995 to 28 December 2023. based on the date of entry provided in the application for registration. Please note the dates shown relate to the property's registered date not sold date.
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