A STREET in South Lanarkshire has been revealed as Scotland’s most exclusive address for 2016 based on the average selling price of property.

Data from estate agent Savills has found that Frederick Boulevard in Thorntonhall topped a league table of the country’s most expensive streets, with the typical home selling for more than £1 million.

The boulevard is part of a new build development by Cala Homes, and boasts a collection of five-bedroom detached homes set amid their own grounds.

According to the most recent figures, ten properties were snapped up this year, pushing the average price to £1,083,600.

Other exclusive addresses revealed by the table include Mar Hall Avenue in Bishopton, Renfrewshire, where six homes changed hands with a typical price of £795,833, Boclair Brae in Bearsden, East Dunbartonshire, where house prices topped £725,000, and William Grange, also in Thorntonhall, where prices ranged around £641,000.

Overall, nine out of Scotland’s most expensive streets were in new build developments, five of them in the leafy suburb of East Renfrewshire, just outside Glasgow.

The statistics were based on streets where at least five properties were sold since the start of the year.

Faisal Choudhry, Head of Residential Research at Savills Scotland, said that the market for new build homes boomed in 2016.

He said: “People want to live next door to people like themselves, and when there are whole streets where the houses are being occupied for the first time and the asking prices don;t vary much, that’s what you get.

“Other considerations include the proximity to good local amenities and schools, and most of the areas in the table reflect that.”

The Savills figures, which cover the period from January to October 2014, also revealed that Scotland’s most expensive property sold for £2,420,000 in Drymen Wynd, Bearsden, while in Glasgow the most valuable home to change hands was in Turnberry Road in the city’s West End, where a property was bought for £1,630,000.

Mr Choudhry said that next year may see more volatility in the housing market as it reacts to the political shock of Britain leaving the EU.

Savills is predicting that the average price of property in Scotland will contract by 2.5 per cent in 2017, before returning to growth in 2018.