New Town property market
Updated 20 August 2026 · refreshed daily
Edinburgh: £299k
119 homes for sale in New Town. Half of them ask between £300k and £615k. Updated 20 August 2026.
| Market | Range low | Median | Range high |
|---|---|---|---|
| New Town | £299,500 | £395,000 | £615,000 |
| Edinburgh | £215,000 | £299,498 | £425,000 |
Buying in New Town typically costs more than Edinburgh: the median asking price is 32% higher, and the premium holds from the lower end to the top of the market.
Each band covers the middle half of asking prices.
- A typical 2-bed asks £400k here, compared to £275k across Edinburgh
- Only 53% of listings have a garden, compared to 75% across Edinburgh
- Only 50% of listings have parking, compared to 71% across Edinburgh
Homes came onto and left the New Town market at a similar pace
↑ 23% · was 30
↓ 67% · was 15
↑ 62% · was 21
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
25% of New Town listings ask under £300k, a smaller share than Edinburgh (50%)
| Price band | New Town listings | New Town share | Edinburgh share |
|---|---|---|---|
| <£150k | 0 | 0% | 4% |
| £150k–200k | 6 | 5% | 16% |
| £200k–250k | 10 | 8% | 16% |
| £250k–300k | 14 | 12% | 15% |
| £300k–400k | 31 | 26% | 20% |
| £400k–500k | 17 | 14% | 11% |
| £500k–750k | 18 | 15% | 11% |
| £750k+ | 23 | 19% | 8% |
Asking prices by type
All homes for sale in New Town, set against Edinburgh
Flats are the most common property type for sale in New Town and ask 39% more than Edinburgh flats
| property type | New Town | Edinburgh |
|---|---|---|
| Flat (107 for sale · 90%) | £375,000 | £270,000 |
| Townhouse (5 for sale · 4%) | £1,800,000 | £715,000 |
The step from two to three bedrooms in New Town adds 75% to the asking price (Edinburgh: 36%)
| size | New Town | Edinburgh |
|---|---|---|
| 1 bed (38 for sale) | £265,000 | £200,000 |
| 2 beds (42 for sale) | £399,500 | £275,000 |
| 3 beds (17 for sale) | £700,000 | £375,000 |
| 4 beds (13 for sale) | £825,000 | £545,000 |
| 5+ beds (6 for sale) | £1,472,500 | £835,000 |
Median asking price for every size and type on the market in New Town
| Size | Flat | Townhouse | Mews | Detached | All types |
|---|---|---|---|---|---|
| 1 bed | £265k37 | n/a | n/a | n/a | £265k38 |
| 2 beds | £399k41 | n/a | n/a | n/a | £400k42 |
| 3 beds | £688k14 | n/a | n/a | n/a | £700k17 |
| 4 beds | £788k10 | n/a | n/a | n/a | £825k13 |
| 5+ beds | n/a | n/a | n/a | n/a | £1.5m6 |
| All sizes | £375k107 | £1.8m5 | n/a | n/a | £395k119 |
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
88 listings with a known floor area
Edinburgh: £364 per sq ft
Asking price per sq ft by property type in New Town
Current listings with a known floor area; the count under each row
| property type | New Town | Edinburgh |
|---|---|---|
| Flats (80 listings) | £433 | £365 |
Asking figures: current listings with a known floor area.
What listings offer
Fewer gardens than Edinburgh
53% of listings have a garden; Edinburgh: 75%. 63 of 119 listings have a garden. Counted from listing descriptions, so treat as a lower bound.Less parking than Edinburgh
50% of listings have parking or a garage; Edinburgh: 71%. 60 of 119 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
5/4 Eyre Terrace, Canonmills, Edinburgh, EH3 5ER
As of 20 August 2026
47/3, Blackfriars Street, Old Town, Edinburgh, EH1 1NB
As of 20 August 2026
11/4 Hart Street, Edinburgh, Midlothian, EH1 3RN
As of 20 August 2026
Watching the New Town market?
Perch sends you the new listings, price drops and off-market moves that match your search, every morning, from every estate agent we track.
Set up my daily briefingHow nearby areas compare
Current listings around New Town
| Area | For sale | Median asking | Median 2-bed | Houses |
|---|---|---|---|---|
| New Town | 119 | £395k | £400k | 6% |
| Old Town | 117 | £400k | £400k | 4% |
| Stockbridge | 106 | £425k | £413k | 10% |
| Marchmont | 90 | £425k | £425k | 1% |
| Bruntsfield | 103 | £400k | £425k | 3% |
| Edinburghbenchmark | 1,118 | £299k | £275k | 23% |
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 119 homes for sale in New Town is £395,000 (as of 20 August 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 £299,500 and £615,000. That is 32% above Edinburgh.
How many homes are for sale in New Town?
119 homes are on the market in New Town right now, 37 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?
5 listings in New Town had their asking price reduced in the last 30 days, about 4% 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 29 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.
What is the price per square foot in New Town?
In New Town, current listings with a known floor area ask a median £436 per sq ft.
How these numbers are made
- Asking figures: Current listings we track across estate agents and portals (119 in New Town), refreshed daily, as of 20 August 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 September 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.