A St Andrews street has again topped the league of priciest places to live in Scotland.
Last year, the historic Fife town knocked Edinburgh off the top spot when The Scores was named Scotland’s most expensive street following research by the Bank of Scotland.
This year, top of the table is Golf Place with an average property price of £2,179,000.
It is no surprise that Scotland’s most expensive building, the Hamilton Grand, is on the corner where The Scores meets Golf Place.
Recent sales have set a record price for Scotland at £2,490 per square foot.
Graham Blair, mortgage director at Bank of Scotland, said: “No location in Scotland is on par with St Andrews when it comes to the nation’s most desirable addresses.”
St Andrews, which also boasts Hepburn Gardens at 66th Orchard Row at 73rd and West Burn Lane at 88th, is now the only location outside the top three cities of Edinburgh, Glasgow and Aberdeen to appear in the top 20 list.
Grange Road, next door to Earlsferry Links golf club in Elie, is the third location outside the top three cities to make it onto the list in 46th place and with an average house price of £878,000.
Dundee does not make an appearance until much later in the list. The first street in the city, and the only entry for Dundee in this year’s research, is Braeside, which appears at 187th, at £631,000.
Perth lags behind with Willowgate, just outside the city, at 259th, with a cost of £574,33.
The traditional “millionaire’s row” near Gleaneagles Hotel at Auchterarder, Orchil Road is 136th.
For the second year running, Edinburgh’s Ettrick Road, in the town’s Merchiston area, is runner-up. A property in Ettrick Road costs an average of £1,899,000.
In third place is Capelrig Lane in Glasgow’s Newton Mearns, where a home would cost an average of £1,550,000.
Aberdeen’s Rubislaw Den South made it into the top three last year but the Granite City has dropped down the table. This year, Deeview Road South was the seventh most expensive street, ahead of Rubislaw Den South in eighth.
Mr Blair added: “It should come as no surprise that Edinburgh, Aberdeen and Glasgow all dominate the list of most expensive streets in Scotland. What is surprising is that there are only 14 locations outside of the big three cities that appear on the list within the top 100.”
Currently being marketed by Savills, two bedroom apartments in the Hamilton Grand, opened as the Grand Hotel in 1895 and later used as student halls, start at £1.05 million.
A four-bedroom apartment sets buyers back £4.1m.
Jamie Macnab of Savills said: “St Andrews is one of Scotland’s iconic locations.
“The town is known worldwide as ‘The Home of Golf’. Golfers from all over the world want to play The Old Course, and many fall in love with the historic coastal university town and dream of buying a home here.”
The luxury development has attracted buyers from around the globe, including America, Scandinavia and Hong Kong.
To date all the buyers have been from abroad, including expat Scots.
