Area Guide For Fife

A historic County of Scotland, Fife is also known as the Kingdom of Fife, and has its own unique charm. If you visit it, you will be greeted by a vast countryside, beautiful beaches and a lot of fishing villages. There is a rich history behind everything and testament to that history are the various heritage sites you’ll come across. The arts and culture scene is also strong here, and residents get to enjoy some of the best food. There are essentially enough different things to do in Fife, making it a versatile neighbourhood which is ideal for families.


Fife Map

Estimated Price: £158,513
Average Asking Price: £182,400
Price change in last one year: £6,769
Average Price Paid: £139,007
Average Rent Rates: £632


Property Prices Breakdown in Fife

Average Price for property in Fife is around £158,513 which varies based on type of property you are interested in and ranges from £252,764 for detached house to around £148,737 for semi-detached. Similarly terraced house is around £119,169 and a flat is worth £111,486. Values have been changing and have risen £1,677 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,833 in last 6 months, £6,769 in last 1 year, £16,348 in last 2 years, £21,184 in last 3 years, £20,950 in last 4 years and £20,476 in last 5 years.

Currently average asking price of a property in Fife is around £182,400 based on approximately 4,884 properties for sale. Same is the case with rental options based on 293 properties up for rent, average asking rent is around £632 per month.

Estimated property value in Fife is £158,513. Average asking price is £182,400 while average price paid is £143,274 which is up by £6,769 and Avg. asking rent £632.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Fife area. In last 1 year alone average price buyer paid is around £143,274 based on approximately 4,884 sales in Fife area alone. If you compare it to last 3 years sales of 14,085 properties where buyers paid around £138,275. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £139,007 for 21,563 and average amount paid for purchase of approx. 31,494 properties sold in last 7 years comes to about £140,463 per sale.


Properties For Sale in Fife


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £86,494, £116,371 for a 2 bedroom house, £161,406 for a 3 bedroom house, £262,653 for a 4 bedroom house and £390,466 for a 5 bedroom house. For a flat similarly the prices varies from £65,365 for a single bedroom to £116,779 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £145,632, £269,992 for a 4 bedroom flat and £500,000 for a 5 bedroom flat. To sum up the asking prices for properties in Fife it comes to around average £69,349 for 1 bedroom property, £116,599 for 2 bedroom, £158,623 for 3 bedroom, £263,024 for 4 bedroom and £391,509 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £451 for 1 bedroom to £512 for 2 bedrooms, £642 for 3 bedrooms, £1,160 for 4 bedrooms and £1,083 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £394. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £476, £537 for 3 bedroom and £949 for 4 bedroom. You should be generally be expecting around average £400 rent per month for single bedroom property, £486 for 2 bedroom, £605 for 3 bedroom, £1,150 for 4 bedroom and approximately £1,083 for a 5 bedroom property in Fife area.

Popular Houses in Fife

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Fife