Page 10 - PMR_Sept25
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Midlothian                                                                                                                                                         Key Points






                                                                                                                                    Average                Sales               Days to               Home                Closing
                                                                                                                                      selling            volumes              go under               Report                date
                                                                                                                                      price                                      offer             valuation




                                                                                                                                The average selling price   Sales volumes rose by   Properties in Midlothian   Buyers paid 102.0%   22.2% of properties set
                                                              Average selling prices climbed steadily                            of property in Midlothian   21.5%, while new property   took just 20 days to go   of the Home Report   a closing date.
                                                              across Midlothian                                                  was £272,298, an annual   listings increased 10.6%   under offer.    valuation on average, up
                                                                                                                                   increase of 5.4%.      year on year.                          0.4 percentage points.
                                                              The average property selling price in Midlothian rose
                                                              by 5.4% annually between March and August 2025,
                                                              bringing the new regional average to £272,298.

                                                              Eskbank  remained  the  most  expensive  town,  with
                                                              average  property  prices  reaching  £469,471  -  an                  Homes selling faster as demand                      More homes listed, and sales volumes
                                                              impressive 30.6% increase year on year. At the other                  sharpens                                            rose in tandem
                                                              end of the scale, Gorebridge retained its position as
                                                              the most affordable location, with properties selling for             The  median  selling  time  in  Midlothian  quickened  to   The Midlothian market enjoyed growth in both supply
                                                              an average of £222,374, a 1.3% annual decline.                        just 20 days between March and August 2025 - five   and activity, with property listings increasing by 21.5%
                                                                                                                                    days faster than the same period last year. At the same   year on year and sales volumes rising by 10.6%. This
                                                              For buyers seeking the best value, two-bedroom flats                  time, 22.2% of properties went to a closing date, up   dual uplift demonstrates greater confidence among
                                                              in Penicuik were the most affordable option, averaging                from 20.7% previously, reflecting the strength of buyer   sellers while also meeting robust buyer demand.
                                                              £167,858  and  appealing  strongly  to  first-time  buyers            competition across the region.
                                                              and investors alike.                                                                                                      Penicuik  led  the  way  for  sales  volumes,  up  7%
                                                                                                                                    Gorebridge, a well-connected town that continues to   annually, reflecting its appeal as a vibrant town with
                                                              Sellers achieved stronger premiums                                    attract families and first-time buyers, saw the highest   a wide choice of housing and strong commuter links.
                                                              over Home Report valuation                                            demand. Here, 32% of homes sold via a closing date,   Bonnyrigg,  another  popular  family  location  posted
                                                                                                                                    with a rapid median selling time of just 14 days.   an impressive 16% rise in sales. Dalkeith, the historic
                                                              Between  March  and  August  2025,  properties  in                                                                        county town and a hub for local services, saw sales
                                                              Midlothian sold for an average of 102.0% of their Home                Meanwhile,  Penicuik,  the  largest  town  in  Midlothian   volumes climb 2.4%, consolidating its role as a steady
                                                              Report valuation - up 0.4 percentage points compared                  and a popular choice for commuters into Edinburgh,   performer in the market.
                                                              to  the  same  period  last  year.  This  signals  renewed            delivered the fastest results at property type level. Two-
                                                              competition  in  the  market,  with  demand  outpacing                bedroom houses sold in a median of just 10 days - six   Notably,  all  of  the  top  five  towns  in  Midlothian
                                                              supply in several hotspots.                                           days quicker than last year - highlighting a particularly   reported  year-on-year  growth  in  sales,  a  clear  sign
                                                                                                                                    competitive segment of the market.                  that activity is broad-based rather than concentrated
                                                              Eskbank was the clear standout, with properties selling                                                                   in one or two hotspots. This points to a healthy and
                                                              for 105.7% of Home Report valuation, a 2.3 percentage                                                                     resilient market across the region.
                                                              point  uplift  on  last  year.  Across  the  region,  77.6%  of
                                                              homes achieved at least their Home Report valuation,                                                                      Three-bedroom  houses  in  Penicuik  sold  in  the
                                                              up  from  76.1%  the  previous  year,  underlining  the                                                                   highest  volumes,  with  an  average  selling  price  of
                                                              market’s resilience.                                                                                                      £239,590, closely followed by three-bedroom houses
                                                                                                                                         The Midlothian market enjoyed
                                                                                                                                                                                        in  Bonnyrigg,  which  sold  for  an  average  price  of
                                                                                                                                       growth in both supply and activity,
                                                              Eskbank’s  combination  of  the  region’s  highest                                                                        £271,578,  which  is  22.2%  higher  year  on  year.  This
                                                              average  selling  prices  and  the  strongest  premiums                  with property listings increasing by             reflects  Midlothian’s  appeal  to  families  looking  for
                                                              over  valuation  highlights  its  position  as  the  most                         21.5% year on year...                   affordable homes in locations that provide excellent
                                                              sought-after area in Midlothian.                                                                                          transport links to Edinburgh.






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