Midlothian: Property, Schools and Retirement Costs
Across the 9 Midlothian locations we cover, the average property price is £235,556 and Band D council tax averages £1,816. Roslin is the most expensive at £270,000, Mayfield the least at £200,000.
Across the 9 Midlothian locations we cover, the average property price is £235,556 and Band D council tax averages £1,816. Roslin is the most expensive at £270,000, Mayfield the least at £200,000.
Buying a home in Midlothian
The county average is £235,556. Schools in Scotland are inspected by Education Scotland rather than Ofsted, so there are no Ofsted grades; check individual inspection reports. School quality is the main reason prices differ between towns a few miles apart.
A 10% deposit on the county average is £23,556. Roslin runs 15% above that average, so the same deposit reaches further in Mayfield.
Average property price across Midlothian
Later life and property wealth in Midlothian
Owners aged 55 and over across Midlothian sit on an average £235,556 of property value. Typical release at 65 is around £80,089, and interest compounds against the estate from day one.
Downsizing within the county is the alternative most people skip. It costs fees and stamp duty but carries no compounding interest. Both routes are compared in the town guides below.
Retirement costs across Midlothian
Band D council tax averages £1,816 across these locations. That is £151 a month before anything else. Authorities set their own rate, so the bill can change with a short move.
Housing is the fixed line in any retirement budget. Each town guide converts the local figure into the pot needed to cover it at a 4% withdrawal rate.
Towns at a glance
| Town | Average price | Band D | Good or better schools | Guides |
|---|---|---|---|---|
| Roslin | £270,000 | £1,816 | 0 | Mortgage, Equity release, Pensions |
| Bonnyrigg | £250,000 | £1,816 | 0 | Mortgage, Equity release, Pensions |
| Penicuik | £250,000 | £1,816 | 0 | Mortgage, Equity release, Pensions |
| Dalkeith | £240,000 | £1,816 | 0 | Mortgage, Equity release, Pensions |
| Danderhall | £240,000 | £1,816 | 0 | Mortgage, Equity release, Pensions |
| Gorebridge | £230,000 | £1,816 | 0 | Mortgage, Equity release, Pensions |
| Loanhead | £230,000 | £1,816 | 0 | Mortgage, Equity release, Pensions |
| Newtongrange | £210,000 | £1,816 | 0 | Mortgage, Equity release, Pensions |
| Mayfield | £200,000 | £1,816 | 0 | Mortgage, Equity release, Pensions |
Compare towns directly
Side by side on price, deposit, schools and running costs.
Ask about Bonnyrigg
Three details is all we need. You are told before anything is passed to a partner firm.
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
Guides across Midlothian
- Bonnyrigg: School Catchments and House Prices in Bonnyrigg, The Real Cost of Buying a First Home in Bonnyrigg, Downsizing in Bonnyrigg: What You Would Actually Release, Council Tax in Bonnyrigg: What Band D Really Costs
- Dalkeith: School Catchments and House Prices in Dalkeith, The Real Cost of Buying a First Home in Dalkeith, Downsizing in Dalkeith: What You Would Actually Release
- Danderhall: School Catchments and House Prices in Danderhall
- Gorebridge: School Catchments and House Prices in Gorebridge, The Real Cost of Buying a First Home in Gorebridge, Downsizing in Gorebridge: What You Would Actually Release
- Loanhead: School Catchments and House Prices in Loanhead
- Mayfield: School Catchments and House Prices in Mayfield, Midlothian, The Real Cost of Buying a First Home in Mayfield, Midlothian, Downsizing in Mayfield, Midlothian: What You Would Actually Release
- Newtongrange: School Catchments and House Prices in Newtongrange, The Real Cost of Buying a First Home in Newtongrange, Downsizing in Newtongrange: What You Would Actually Release
- Penicuik: School Catchments and House Prices in Penicuik
- Roslin: School Catchments and House Prices in Roslin, The Real Cost of Buying a First Home in Roslin, Downsizing in Roslin: What You Would Actually Release
Check broadband before you make an offer in Midlothian
Broadband speeds can vary street by street in Midlothian, so check the exact address before you commit. Ofcom's free checker shows which broadband speeds and mobile coverage are available at any UK property.
We can introduce you to a specialist who can combine your mobile, broadband and utilities into one bill. There's no fee for the introduction.
We don't provide these services ourselves. Switching household bills is not a regulated financial service, so FCA protections and the Financial Ombudsman do not apply. We'll only pass your details to the specialist if you ask us to. See our privacy notice.
Questions people ask
Where are house prices highest in Midlothian?
How much is council tax in Midlothian?
Does That's Family Finance cover the whole of Midlothian?
How do I check broadband speed at a property in Midlothian?
Your home may be repossessed if you do not keep up repayments on your mortgage.