Scotland's Coastal Home Prices Rise 8% Led by St Andrews

St Andrews has been named Scotland's most expensive coastal town for homebuyers, with an average property price of £458,381, marking an 8% increase over the past year according to Bank of Scotland data. Other pricey coastal towns include North Berwick (£419,723) and Dunbar (£292,073) in East Lothian, while Gourock experienced the highest price surge in 2024, rising 24% to £175,660. Over the last five years, coastal home prices in Scotland have risen by 25%, outpacing the UK's overall 18% increase, with Anstruther showing the most significant five-year growth of 52%. The total value of Scotland's coastal housing market reached approximately £1.9 billion last year, up 4%, with Inverness recording the highest transaction value. Despite rising prices in some areas, more affordable coastal towns such as Campbeltown (£103,078) and Rothesay (£111,764) remain available, reflecting a diverse and dynamic market. While Scotland's coastal property prices have generally increased, this contrasts with a slight 1% decline across Great Britain, where South West England coastal towns like Sandbanks remain the priciest overall.