October 13, 2016
selected branch: Kirkcaldy
Kirkcaldy has a relatively diverse housing market, with a range of different property styles, locations, and budgets catered to. If you’re considering a move to the town and its surrounding areas, you’ll find a range of different houses on the market to suit your needs and preferences.
Property prices have risen quite significantly in Kirkcaldy, as is the case with much of the country. However, it is still possible to find a great deal in the town, and prices remain relatively affordable particularly when compared to nearby areas like Edinburgh. According to recent estimates from Zoopla, the average sold property price in Kirkcaldy over the past 12 months is £167,822. On average, property prices have risen 4% on the previous year.
Average prices for specific property types are as follows (as at October 2023):
Detached: £273,629 | Terraced: £130,694 |
Semi Detached: £178,562 | Flat/Apartment: £97,279 |
Average sold property prices across the different areas of Kirkcaldy in the past year haven’t varied too significantly. Below is a list of some of the most popular areas to live in Kirkcaldy, and their respective average sold property prices according to Zoopla (as at October 2023).
Dunnikier | £168,782 |
Wemyssfield | £167,500 |
Dysart | £133,530 |
Newliston | £168,782 |
Victoria Road | £102,167 |
According to reports, Kirkcaldy saw one of the largest property price increases in Scotland between 2021 and 2022. This is believed to be a result of post-pandemic behaviour, with commuter towns across the country becoming more desirable as fewer people are required to work in city centre offices.
Naturally, market conditions fluctuate over time and it’s impossible to accurately predict exact conditions over the coming years. However, it does seem likely that the housing market in Kirkcaldy will continue to strengthen, particularly with the development of the Fife Energy Park which is predicted to bring more residents to the town. If this is the case, it could be a great time to buy property in Kirkcaldy before prices increase further.
With housing prices steadily increasing, getting on the property ladder can seem like an overwhelming task. That being said, with the right help and guidance, it doesn’t have to be a painstaking process.
Whether you need advice on the best places to live in Kirkcaldy, or you’re a first-time buyer looking for general mortgage advice, we’re here to help.
Offering award-winning services and 100% free mortgage advice, there’s a reason we’re the UK’s top-rated mortgage broker on TrustPilot.
If you need advice for first-time buying in Kirkcaldy – or if you’re looking for a reliable mortgage broker in Fife – don’t hesitate to contact us today.
We’re experts on all things mortgage-related (and our services are always 100% free).
October 13, 2016
October 13, 2016