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Courier Country seaside towns top the list for most expensive property

Kinghorn beach
Kinghorn beach

Courier Country is home to four of the most expensive Scottish seaside towns for buying property, a new survey has revealed.

Wannabe St Andrews residents face forking out an average of £312,063 if they hope to enjoy life in the iconic town as it takes second place on the top ten list.

Stonehaven comes close behind in fourth place where homeowners can expect to pay £226,687 for the average property.

Seventh on the list is Anstruther where the price tag sits at around £188,392.

Dalgety Bay also featured on the list in tenth place with property costing around £179,353.

Courier Country towns showing the biggest price increase between 2016 and 2017 were Kinghorn, with a 21% rise and Burntisland with 11%.

The figures, gathered by the Bank of Scotland, also examined which seaside towns experienced the biggest price increase over a five year period.

Kinghorn topped the list with a 42% change between 2012 and 2017 – with houses now costing an average of £152,305.

Carnoustie came in ninth with a 20% rise and St Andrews closely behind with a 19% increase.

For Scotland as a whole, nine of the top ten most expensive property locations feature on the eastern coastline.

For the second year running, North Berwick takes the top spot with an average house price of £342,346.

In contrast, nine out of the ten least expensive seaside towns are on the west coast with none at all in Courier Country.

The survey also examined residents’ happiness rankings in the most and least expensive seaside towns but found that location made difference with the average score for both being 7.5.

Graham Blair, mortgage director at Bank of Scotland, said:”Scotland, with its beautiful coastline, represents fantastic value for money for anyone looking to purchase a seaside property.

“These locations offer a unique lifestyle with a typically high quality of life and a healthy environment.

“Homebuyers working in Scotland’s major towns and cities no doubt weigh up commute time and the discount they can receive by moving to the seaside.”