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Article: New Town style for much less
- Article from:
- Evening News - Scotland
- Article date:
- April 4, 2001
- Author:
CopyrightCopyright 2001 Evening News - Scotland. Provided by ProQuest LLC. (Hide copyright information)
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NEW Town flats are over 30 per cent more expensive than almost
identical flats in the West End, property experts said today.
Estate agents said competition for property in the New Town had
now created a substantial gap with Edinburgh's West End, despite the
area's proximity to the city centre and attractive Victorian
architecture.
A two-bedroom flat in the New Town might sell for GBP 200,000,
compared with a similar flat in the West End fetching around GBP
50,000 less.
Estate agents said they were now beginning to see home buyers
moving into the West End after becoming priced out of the New Town
by people willing to pay a premium for "bragging" rights over their
address.
Sandy Burnett, ...