Research by the Bank of Scotland revealed that four towns in the North of England rounded out the top ten, measured by the average price per square metre.
Peterhead in Aberdeenshire recorded the largest gain in average price, with an increase of 160% since 2001.
It was followed by Inverurie, also in Aberdeenshire, up 142%, Montrose in Angus, up 135%, and Ellon, again in Aberdeenshire, up 134%.
The Bank of Scotland noted that the majority of the towns that had seen the highest price growth had begun from relatively low prices in 2001. The substantial gains were driven by strong economic growth over the last decade, particularly the performance of the oil sector in Aberdeenshire.
The ten towns with the lowest house price inflation over the last decade were in the South of England and Northern Ireland, with Belfast and Lisburn and Swindon gaining the least at 25% and 31% respectively.
However, only 12 areas in the UK have got an average house price that is higher than that recorded in 2007, including five London boroughs.
Martin Ellis, housing economist at Bank of Scotland, said: “When looking at property prices on a square metre basis, there has been a significant divergence in house price performance across Scotland over the past decade, ranging from a rise of 160% in Peterhead to 51% in Helensburgh.
“Despite these differences, there has been little change in the composition of those areas with the most and least expensive properties. Nine of the ten London boroughs that were the most expensive areas in the country in 2001 are still in the top ten, whilst four of the least expensive towns in 2001 remain amongst the ten least expensive places.”
