The EH5 property market benefits significantly from the ongoing Granton Waterfront regeneration project. This major investment aims to deliver around 3,500 new net-zero carbon homes over the next 15 years, along with business, cultural, and leisure facilities. Properties in areas close to this development, particularly new-build apartments at developments like West Shore, can command premium prices and attract buyers seeking modern, energy-efficient homes. The regeneration is transforming the former industrial waterfront into one of Edinburgh's most desirable areas, with the transformation already visible in completed phases.
Current new-build activity in EH5 includes several notable developments. West Shore at Granton Waterfront, marketed by CCG Homes in partnership with Rettie New Homes, offers 1 and 2-bedroom apartments designed to achieve operational net-zero carbon, with prices starting from £205,000. Granton Station View comprises 75 one, two, and three-bedroom flats for social and mid-market rent, along with commercial premises. Lomond Park in Trinity offers premium 4 and 5-bedroom end-of-terrace houses marketed through Savills New Homes. These developments indicate strong demand for modern housing in EH5 and suggest future price appreciation as the regeneration progresses.
The broader north Edinburgh housing market has seen subtle price adjustments, with home.co.uk data indicating slight decreases of around 1% over the past year. However, the overall average asking price of £306,477 in EH5 remains competitive compared to central Edinburgh postcodes, making this area attractive for buyers seeking more affordable entry points to the capital while maintaining good transport links to the city centre. Property types in EH5 vary significantly by neighbourhood, with Trinity and Wardie offering traditional Victorian and Edwardian villas, many of which are listed buildings or within conservation areas, while Muirhouse and Granton feature more post-war housing and modern apartments.