AN Edinburgh street where the average house price is £3.5 million takes the top spot of a list of the nation's most expensive.

Whitehouse Terrace, in the Grange area of the Capital, was named as the priciest postcode in Zoopla's 'Rich List for 2021'.

The leading real estate firm found that more than three in four of the near 12,000 Rich List streets across the UK are in London and the south east of England.

Three of the top five most exclusive streets in Scotland are in Edinburgh.

The other two are in Perth and Kinross close to the five star Gleneagles Hotel.

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Zoopla revealed there are now 11,673 streets in Britain where the average property value is £1million or over, with London home to the top ten most expensive streets in the UK.

The Grange (below), an affluent Edinburgh suburb, has been home to some of Scotland's richest people including Harry Potter author JK Rowling, disgraced banker Fred Goodwin and writers Alexander McCall Smith and Ian Rankin.

It has an average house price of a cool £3,428,628 - rising from an average of just over £2m five years ago.

The National:

The suburb was once a medieval farm belonging to the church and homes in the area were mainly built between 1830 and 1890, when the growing middle class of merchants and professionals in Edinburgh were looking for secluded location to raise their families.

The street with the second highest house prices in Scotland was Balmoral Court in Gleneagles Village where average property prices have hit £1.89m.

Balmoral Court in Auchterarder places second in the rich list with an average house price of £1,886,740. Lying close to the Gleneagles Resort, it's surrounded by the stunning Perthshire countryside.

Third in the list is Caledonian Crescent, which is also in Auchterarder. It has an average house price of £1,783,480.

The fourth and fith streets on the list – Wester Coates Avenue and Succoth Place –are both in Edinburgh where a typical home costs £1.68m and £1.66m respectively.

The National:

Grainne Gilmore, head of research at Zoopla, said: "The type of homes and their surrounds, from views to amenities, make these streets in and around Scotland's capital some of the most of the most appealing, while Gleneagles Village is no stranger to the most expensive streets top 10s, it is close to the well-known Gleneagles hotel and is set in some of the most stunning scenery in Scotland.

“London comes top when it comes to the UK’s prime markets, but the wider commuter zone in the South East is also home to some of the highest-value addresses, reflecting the size and type of housing stock in these regions. “