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Wednesday, 9th July 2008

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Lothian pushing for pole in rural house price table



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RURAL homes in East Lothian are among the most expensive in the whole of the country, new research has revealed.
Research by Edinburgh-based mortgage lender Bank of Scotland has shown that the average cost of a rural home in East Lothian is £208,065.

Only Aberdeen has a higher average selling price for rural properties.

The average rural property in Eas
t Lothian is £35,770 above the national average, representing a 21 per cent premium.

East Lothian also has the second-lowest vacancy rate, at 3.3 per cent. And it was also rated the driest rural authority, and the sunniest.

The figures were contained within the first Bank of Scotland rural areas quality of life survey.

The data also shows that residents of rural Aberdeenshire have the highest life expectancy, with an average newborn baby now expected to live to 77. They also have the highest average salary, at £28,564.

Martin Ellis, chief economist at Bank of Scotland, said: "People living in Aberdeenshire have the best quality of life in Scotland's rural areas.

"They tend to be healthy, live in larger than average houses and have relatively high earnings.

"However, living in Aberdeenshire comes at a price with house prices £48,228 above the average for Scotland."





The full article contains 219 words and appears in Edinburgh Evening News newspaper.
Page 1 of 1

 
1

me150,

06/05/2008 17:38:02
Ridiculous prices for often relatively poor housing.

We need a price crash to bring this back to where it should be.
2

parks is colin nish,

cape town 07/05/2008 16:24:09
post#1
what nonsense you speak you keep living in your council house drinking your monks p1ss

 

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