Bank of Scotland

House prices on Scotland’s north east coast more than double since 2004

12 May 2012

House prices have more than doubled in three seaside towns on Scotland’s north-east coast since 2004, according to the latest research from Bank of Scotland.

Nitesh Patel, housing economist at Bank of Scotland, comments:
“Seaside towns are still very popular places to live. They offer a unique lifestyle that for many can't be matched elsewhere, with that all important sea view, together with a typically high quality of life and a healthy environment.

Over half of the seaside towns in this survey have seen house price growth ahead of the whole of Scotland since 2007, with most of the large increases coming in towns on the north east coast."

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