Edinburgh, United Kingdom
Property prices · 2024 · Europe
Property price trend in Edinburgh (2024–2026)
Property comparison — cities in United Kingdom (2024)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Edinburgh |
|---|---|---|---|---|
| Edinburgh | GBP 5,200 | GBP 3,200 | GBP 1,400 | — |
| London | GBP 12,500 | GBP 7,200 | GBP 2,200 | +140.4% |
| Bristol | GBP 4,800 | GBP 3,000 | GBP 1,350 | -7.7% |
| Manchester | GBP 4,500 | GBP 2,800 | GBP 1,300 | -13.5% |
| Birmingham | GBP 3,800 | GBP 2,400 | GBP 1,100 | -26.9% |
| Leeds | GBP 3,200 | GBP 2,000 | GBP 1,000 | -38.5% |
Other Europe cities (2024)
Frequently asked questions
How much does property cost in Edinburgh in 2024?
In Edinburgh, the average price per sqm in the city centre is GBP 5,200, and GBP 3,200 outside the centre (2024 data). Prices have risen 6.5% since 2024.
How much is rent in Edinburgh in 2024?
A 1-bedroom apartment in Edinburgh rents for approximately GBP 1,400 per month in 2024. A 3-bedroom apartment costs around GBP 2,200/month.
Is it better to buy or rent in Edinburgh?
Buying and renting are roughly comparable in Edinburgh. The price-to-rent ratio is 20.0x — it would take approximately 20.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 4.50%.
What are mortgage rates in United Kingdom in 2024?
The average mortgage rate in United Kingdom is approximately 4.50% as of 2024. With a price-to-rent ratio of 20.0x, buyers should carefully weigh mortgage costs against rental savings.
What is the price per sqm in Edinburgh?
The average property price per square metre in Edinburgh city centre is GBP 5,200 in 2024. Outside the centre, expect to pay around GBP 3,200/sqm.