MILLER Homes has posted a 15 per cent increase in operating profit for 2018, to £151.1 million, from £131.1m in the preceding year.

The Edinburgh-based housebuilder said its average selling price increased by 4% last year to £249,000 from £239,000.

The number of homes it sold increased by 14% year on year to 3,170 from 2,775.