Property prices on an Ayr street are among the highest in Scotland.
In the last five years, property on Belleisle Drive in Ayr has sold for an average of £823,000 making it the 20th most expensive street in Scotland – and one of just two outside of a major city.
The news, which was released by the Bank of Scotland, came the same week it was revealed the town has suffered one of the worst property crashes in the UK.]
A survey by Halifax showed that in 2011, the average home in Ayr cost £126, 761. In 2012 that fell to £116,352.
That is a fall of 8.2 per cent and ranks the town seventh worst in Britain for a price drop.
But director of Donald Ross Estate Agent, Steven Miller, insists that the statistics don’t paint an accurate picture of the Ayr property market.
He said: “I am surprised to see these figures from Halifax because as someone on the front line this isn’t what we see.
“Maybe some firms under marketed their properties but what we see is that quality houses, that are well maintained in good condition are continuing to sell.” Martin Ellis, housing economist at Halifax, says: “Nationally, conditions in the housing market have been largely unchanged over the past 12 months with little overall movement in either house prices or sales for the second consecutive year.
“This picture, however, conceals considerable local differences.
“A number of towns and cities have recorded significant changes in house prices over the past 12 months.”
But Steven Miller maintains that this is not the case in Ayr.
He said: “We sold only slightly less property in 2012 than we did in 2011. It’s definitely not a drastic drop.”