-Town has Benefited from Improved Transport Links in last decade-
Arbroath has benefited from improved transport links in recent years which have seen the average house prices increase, according to a local property manager.
Roddy Maxwell, property manager at Thorntons Property Services in the High Street, commented on the trend after Arbroath was listed in the top ten of a survey measuring UK house prices growth over the past decade.
He said: "The general improvement of communications, primarily the duelling of the A92 through to Dundee, adding to the town's position on the mainline railway, has seen an increase in commuters looking to move to Arbroath. More recent investments from Tesco and the soon to be opened Asda store, are providing new employment whilst adding to the facilities and services available locally."
The town has recorded a 129% increase in "average house price per square metre", in the last 10 years in the survey, which was conducted by the Bank of Scotland.
Roddy added: "It is extremely encouraging to see Arbroath included in the top ten forUK house price growth. I would agree that, historically, this will have been influenced, to a degree, by the oil industry. Commuting to Aberdeen and Dundee became more popular as buyers realise that towns like Arbroath offer relatively good value by comparison to city pricesand offer a good level of services to cater for day to day family needs. Similarly as house prices in Dundee moved upwards during the property boom, buyers were encouraged to make the relatively short drive to Arbroath and other areas of Angus.
Other towns making the list include Inverurie and Ellon, in Aberdeenshire, Helensburgh, in Argyll and Bute, and Coatbridge, in North Lanarkshire.
Peterhead in Aberdeenshire topped the list, recording the largest gain in average house price growth.
Issued by Beattie Communications on behalf of Thorntons Solicitors
Contact: Jennifer Black, Tel 01698 787878