Kirkcaldy

Area Guide For Kirkcaldy

Kirkcaldy is a town and previous imperial burgh in Fife, on the east shore of Scotland. It is roughly 18.6 miles (30â km) north of Edinburgh and 44.4 miles (71â km) south-southwest of Dundee. The town had an expected populace of 48,630 in 2008, making it the greatest settlement in Fife. Kirkcaldy has long been nicknamed the Lang Toun in reference to the 0.9-mile (1.4â km) early town's principle road, as demonstrated on maps of the sixteenth and 17thâ centuries. The road later arrived at a length of about 4 miles (6.4â km) interfacing the burgh to neighboring settlements of Linktown, Pathhead, Sinclairtown and Gallatown. The town was initially recorded in around 1075, when Malcolm III granted the shire of Kirkcaladunt to the congregation of Dunfermline (later Dunfermline Monastery). Under Lord Robert I, in 1327 the township status of Kirkcaldy changed to that of a burgh reliant on Dunfermline Convent.

 
 

Kirkcaldy Map

Estimated Price: £136,491
Average Asking Price: £141,086
Price change in last one year: £6,678
Average Price Paid: £118,958
Average Rent Rates: £482

 
 

Property Prices Breakdown in Kirkcaldy

Average Price for property in Kirkcaldy is around £136,491 which varies based on type of property you are interested in and ranges from £234,255 for detached house to around £143,646 for semi-detached. Similarly terraced house is around £108,340 and a flat is worth £96,943. Values have been changing and have risen £967 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £707 in last 6 months, £6,678 in last 1 year, £13,619 in last 2 years, £16,932 in last 3 years, £15,193 in last 4 years and £15,354 in last 5 years.

Currently average asking price of a property in Kirkcaldy is around £141,086 based on approximately 738 properties for sale. Same is the case with rental options based on 35 properties up for rent, average asking rent is around £482 per month.

Estimated property value in Kirkcaldy is £136,491. Average asking price is £141,086 while average price paid is £126,715 which is up by £6,678 and Avg. asking rent £482.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 Kirkcaldy area. In last 1 year alone average price buyer paid is around £126,715 based on approximately 738 sales in Kirkcaldy area alone. If you compare it to last 3 years sales of 2,167 properties where buyers paid around £120,548. 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 £118,958 for 3,252 and average amount paid for purchase of approx. 4,911 properties sold in last 7 years comes to about £120,313 per sale.

 
 

Properties For Sale in Kirkcaldy

 
 

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 £59,874, £94,323 for a 2 bedroom house, £142,205 for a 3 bedroom house, £221,007 for a 4 bedroom house and £312,988 for a 5 bedroom house. For a flat similarly the prices varies from £56,625 for a single bedroom to £79,303 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £103,620 and £94,500 for a 4 bedroom flat. To sum up the asking prices for properties in Kirkcaldy it comes to around average £56,997 for 1 bedroom property, £83,270 for 2 bedroom, £135,223 for 3 bedroom, £216,568 for 4 bedroom and £312,988 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 £524 for 2 bedroom to £575 for 3 bedroom and £914 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £401. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £452, £524 for 3 bedroom and £949 for 4 bedroom. You should be generally be expecting around average £401 rent per month for single bedroom property, £456 for 2 bedroom, £555 for 3 bedroom, £949 for 4 bedroom and approximately £914 for a 5 bedroom property in Kirkcaldy area.

Popular Houses in Kirkcaldy

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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