Inverkeithing

Area Guide For Inverkeithing

Inverkeithing is a town and an imperial burgh in Fife, Scotland, spotted on the Firth of Forward. As per populace gauges (2006), the town has a populace of 5,265. The port town was given burgh status by Ruler David I of Scotland (1124–53) in the twelfth century and is arranged around 9 miles (15 km) north from Edinburgh Air terminal and around 4 miles from the middle of Dunfermline. Cutting edge Inverkeithing is just about nonstop with Rosyth and Dalgety Straight. Inverkeithing is a creating town and has numerous new lodging destinations including one beside the town's railway station. Inverkeithing is circumvent by the M90 motorway. The M90 joins Fife to Lothian and Edinburgh by means of the Forward Street Span. The town is likewise served by Inverkeithing railway station, a center point for the rail system to and from Fife. Travelers going to Edinburgh are persisted the Forward Rail Span. Inverkeithing and its hinterland are likewise served by the Ferrytoll Stop and Ride, off Trust Road, which gives auto stopping and access to transport administrations to Edinburgh downtown area, South Gyle, Edinburgh Airplane terminal, Livingston and numerous parts of Fife, and in addition connections to the Scottish Citylink mentor system.

 
 

Inverkeithing Map

Estimated Price: £139,112
Average Asking Price: £197,037
Price change in last one year: £5,902
Average Price Paid: £122,238
Average Rent Rates: £479

 
 

Property Prices Breakdown in Inverkeithing

Average Price for property in Inverkeithing is around £139,112 which varies based on type of property you are interested in and ranges from £254,945 for detached house to around £139,490 for semi-detached. Similarly terraced house is around £112,232 and a flat is worth £106,566. Values have been changing and have risen £583 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £187 in last 6 months, £5,902 in last 1 year, £14,390 in last 2 years, £18,596 in last 3 years, £12,545 in last 4 years and £15,566 in last 5 years.

Currently average asking price of a property in Inverkeithing is around £197,037 based on approximately 80 properties for sale. Same is the case with rental options based on 8 properties up for rent, average asking rent is around £479 per month.

Estimated property value in Inverkeithing is £139,112. Average asking price is £197,037 while average price paid is £125,687 which is up by £5,902 and Avg. asking rent £479.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 Inverkeithing area. In last 1 year alone average price buyer paid is around £125,687 based on approximately 80 sales in Inverkeithing area alone. If you compare it to last 3 years sales of 201 properties where buyers paid around £113,676. 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 £122,238 for 315 and average amount paid for purchase of approx. 456 properties sold in last 7 years comes to about £120,008 per sale.

 
 

Properties For Sale in Inverkeithing

 
 

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 2 bedroom is around £87,667, £100,000 for a 3 bedroom house, £452,333 for a 4 bedroom house and £691,333 for a 5 bedroom house. For a flat similarly the prices varies from £49,332 for a single bedroom to £65,714 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £80,000. To sum up the asking prices for properties in Inverkeithing it comes to around average £49,332 for 1 bedroom property, £72,300 for 2 bedroom, £90,000 for 3 bedroom, £452,333 for 4 bedroom and £691,333 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 £576 for 2 bedroom to £594 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £386. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £524. You should be generally be expecting around average £386 rent per month for single bedroom property, £550 for 2 bedroom and approximately £594 for 3 bedroom property in Inverkeithing area.

Popular Houses in Inverkeithing

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.

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