09/03/2008
Property prices in Edinburgh have increased by an average of 10 per cent in the past 12 months, but in ‘hot spots’ homes are still selling for as much as 30 per cent over the asking price.
A spokesman for estate agent, D J Alexander, said property prices in Edinburgh have increased by an average of 10 per cent in the past 12 months, but in ‘hot spots’ such as the West End and Morningside homes are still selling for as much as 30 per cent over the asking price.
He added: “Homes in these areas are simply priceless and will always increase in value as there is such a shortage of such premium property.”
From a story on the accommodation allowance given to MSP’s
Mail On Sunday, 9 March 2008
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