New Town property market
Updated 5 October 2026 · refreshed daily
134 for sale · Edinburgh £315k
| Market | Range low | Median | Range high |
|---|---|---|---|
| New Town | £346,250 | £450,000 | £698,750 |
| Edinburgh | £225,000 | £315,000 | £475,000 |
Each band covers the middle half of asking prices.
- A typical 2-bed asks £400k here, compared to £279k across Edinburgh
- Flats are 89% of what's for sale, compared to 78% across Edinburgh
More homes came onto the market in New Town than left it
↑ 41% · was 29
↑ 250% · was 6
↑ 48% · was 23
before going off the market
Changes compare with the prior 30 days.
Asking prices
Where homes in New Town sit by price band, against Edinburgh
Homes for sale in New Town skew pricier than in Edinburgh
17% of New Town listings ask under £300k, a smaller share than Edinburgh (45%)
| Price band | New Town listings | New Town share | Edinburgh share |
|---|---|---|---|
| <£300k | 23 | 17% | 45% |
| £300k–400k | 31 | 23% | 20% |
| £400k–500k | 21 | 16% | 11% |
| £500k–650k | 20 | 15% | 9% |
| £650k–800k | 16 | 12% | 5% |
| £800k–1m | 11 | 8% | 4% |
| £1m–1.5m | 6 | 4% | 3% |
| £1.5m+ | 6 | 4% | 2% |
Prices by property type
Current listings and Land Registry sales in New Town, set against Edinburgh
Flats are 90% of homes for sale in New Town, against 78% across Edinburgh
| property type | New Town | Edinburgh |
|---|---|---|
| Flats (121 for sale) | £90 | £78 |
| Terraced (12 for sale) | £9 | £9 |
Flats in New Town ask £425k, 47% more than Edinburgh flats (£290k)
Median asking price of current listings; the count under each row
| property type | New Town | Edinburgh |
|---|---|---|
| Flats (121 for sale) | £425,000 | £290,000 |
| Terraced (12 for sale) | £1,047,500 | £375,000 |
Flats in New Town ask £427 per sq ft, 13% more than Edinburgh flats (£378 per sq ft)
Current listings with a known floor area
| property type | New Town | Edinburgh |
|---|---|---|
| Flats (90 with a floor area) | £427 | £378 |
Sold price by property type in New Town
Not enough sales in New Town to show this yet.
Sold price per sq ft by property type in New Town
Not enough sales with a known floor area in New Town to show this yet.
The step from two to three bedrooms in New Town adds 59% to the asking price (Edinburgh: 43%)
| size | New Town | Edinburgh |
|---|---|---|
| 1 bed (29 for sale) | £265,000 | £200,000 |
| 2 beds (50 for sale) | £400,000 | £279,498 |
| 3 beds (32 for sale) | £637,500 | £399,000 |
| 4 beds (15 for sale) | £800,000 | £622,500 |
| 5+ beds (8 for sale) | £1,975,000 | £1,150,000 |
Median asking price for every size and type on the market in New Town
| Size | Flat | Townhouse | Mews | Terraced | All types |
|---|---|---|---|---|---|
| 1 bed | £260k27 | n/a | n/a | n/a | £265k29 |
| 2 beds | £400k49 | n/a | n/a | n/a | £400k50 |
| 3 beds | £613k28 | n/a | n/a | n/a | £638k32 |
| 4 beds | £875k13 | n/a | n/a | n/a | £800k15 |
| 5+ beds | n/a | £2.4m5 | n/a | n/a | £2.0m8 |
| All sizes | £425k119 | £2.3m6 | n/a | n/a | £450k134 |
Median asking price, with the number for sale below it. Combinations with fewer than 5 listings are shown as n/a. Types shown are the four most common in the area.
Price per square foot
100 listings with a known floor area
Edinburgh: £377 per sq ft
What listings offer
New Town has less parking and fewer gardens than Edinburgh.
Fewer gardens than Edinburgh
57% of listings have a garden; Edinburgh: 71%. 77 of 134 listings have a garden. Counted from listing descriptions, so treat as a lower bound.Less parking than Edinburgh
51% of listings have parking or a garage; Edinburgh: 67%. 68 of 134 listings have parking or a garage. Counted from listing descriptions, so treat as a lower bound.Current listings worth a look
Picked by simple rules, not adverts: cheapest, most space, gardens
31(3F2) Bread Street, Edinburgh, EH3 9AL
As of 5 October 2026
149/2 West Port, Old Town, Edinburgh, EH3
As of 5 October 2026
GF, 8 Doune Terrace, Edinburgh, EH3 6DY
As of 5 October 2026
44/1 Frederick Street, New Town, Edinburgh, EH2
As of 5 October 2026
Watching the New Town market?
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Current listings around New Town
| Area | For sale | Median asking | Median 2-bed | Houses |
|---|---|---|---|---|
| New Town | 134 | £450k | £400k | 9% |
| Old Town | 110 | £398k | £395k | 4% |
| Stockbridge | 133 | £535k | £425k | 14% |
| Marchmont | 88 | £370k | £350k | 0% |
| Bruntsfield | 94 | £350k | £350k | 2% |
| Edinburgh | 1,026 | £315k | £279k | 20% |
| Leith | 85 | £230k | £240k | 5% |
| Edinburghbenchmark | 1,026 | £315k | £279k | 20% |
Key facts about New Town
- Homes for sale skew pricier than in Edinburgh: 17% of current listings in New Town ask under £300k, against 45% across Edinburgh.
- Stock is building: 41 homes came onto the market in the last 30 days and 34 left it; 16% of current listings have cut their asking price.
New Town property market: common questions
Where is New Town?
New Town is in central Edinburgh, in City of Edinburgh. Figures for New Town cover listings within about 1 km of its centre (the dashed ring on the map), not an official boundary.
What is the average house price in New Town?
The median asking price across the 134 homes for sale in New Town is £450,000 (as of 5 October 2026). We quote the median (the middle listing) rather than a mean, because a handful of very expensive homes would pull a mean upwards. Half of listings ask between £346,250 and £698,750. That is 43% above Edinburgh.
Is New Town cheaper than Edinburgh?
No: asking prices in New Town are typically higher than across Edinburgh. The median asking price in New Town is £450,000 against £315k across Edinburgh: 43% above Edinburgh. Some of that gap reflects what is for sale in each place rather than like-for-like value. The premium holds from the lower end to the top of the market.
How many homes are for sale in New Town?
134 homes are on the market in New Town right now, up 12% since 1 Sept, 41 of them listed in the last 30 days. Perch counts every listing it tracks across estate agents and portals, refreshed daily.
Are house prices being cut in New Town?
21 listings in New Town had their asking price reduced in the last 30 days, about 16% of the homes currently for sale.
How long are homes on the market in New Town?
Of the New Town listings that came off the market in the last 30 days and that we first saw after we began tracking the area, the typical one had been advertised for 67 days. Coming off the market usually means sold subject to contract, but it can also mean withdrawn, so treat this as time advertised rather than time to sell.
How much do flats and houses cost in New Town?
The median asking price for a flat in New Town is £425,000. Houses are quoted by type rather than as one figure, because the mix moves the number more than the market does: the largest group on the market is terraced houses, at a median £1,047,500 across 12 listings. The Prices by property type chart on this page covers every type we track.
How much is a two-bedroom flat in New Town?
The median asking price for a two-bedroom flat in New Town is £400,000, across 49 current listings.
What is the price per square foot in New Town?
In New Town, current listings with a known floor area ask a median £427 per sq ft.
How these numbers are made
- Asking figures: Current listings we track across estate agents and portals (134 in New Town), refreshed daily, as of 5 October 2026. We quote medians, never means, and suppress anything based on fewer than 5 listings. Figures for New Town cover listings within about 1 km of its centre (the dashed ring on the map), not an official boundary.
- Off market and time listed: Off-market counts include only listings confirmed off the market after a short grace period; "typical time listed" is time advertised, not time to sell. We have tracked New Town since May 2025.
- Edinburgh comparisons: The same daily snapshot taken across the whole of Edinburgh, so both sides of every comparison share one basis. Where a comparison spans all property types, some of the gap reflects what is for sale here.