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House prices in the EH11 postal area boosted by €43,683 after opening of Edinburgh Trams

House prices close to the Edinburgh Tram routes have been boosted by improved transport links two years after opening, according to new research by the Bank of Scotland. Since opening in 2014, the average house price on the Edinburgh Trams route has grown from €235,146 (£199,171) to €257,789 (£218,350), an increase of 10%. This rate of growth is almost four times faster than in the previous two years before the line opened when the average price grew by 3%, from €229,013 (£193,976) to €235,146 (£199,171).The service runs from the centre of Edinburgh out west to the city’s airport serving fifteen locations. The largest rise in house prices was in the postal area of EH11 which includes Balgreen, Bankhead, Edinburgh Park Station...[…]