House prices soar by Fraserburgh seaside

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Fraserburgh house prices have risen by £735 a month over the past decade to become the fastest growing seaside market in Scotland.

The level of house price growth has risen by 139% from £63,540 in 2005 to £152,719 in 2015.

Nicole Noble, mortgage director at Bank of Scotland who conducted the report, said: “Living on the coast offers many attractions, including a typically high quality of life and attractive surroundings.”

In the past year Fraserburgh was the second fastest growing market with a rise of 14% in 2014.

Prices in near-by towns have also increased with MacDuff at 102% and Peterhead at 95% while more south Cove Bay and Newtonhill have also risen by over 90%.