The Scottish million pound market has had its strongest quarter for 10 years with 66 sales taking place from January to the end of March 2015. There were a total of 188 sales during the year ending March 2015, the strongest year since 2008.

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^{Source: Savills Research / MyHousePrice.com}

The high number of sales at this level was artificially boosted by the prospect of the new Scottish Land and Building Transaction Tax, which was introduced on 1 April, adding a 79% increase in tax for those buying at exactly £1 million and rising progressively in relation to the value of the property.

As in past years, the majority of such sales took place in Edinburgh City, with 98 sales recorded, followed by Greater Glasgow with 30 such sales recorded. The Aberdeen area has slipped to third place with 26 such sales recorded during the year ending March 2015.