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.