Fife ranks highly for great value house prices
If, like many people during lock-down, you’ve outgrown city living and dream instead of a new home with a large garden and plenty of outdoor space, then Fife could well be the place to flit to.
With working from home the new norm, more city dwellers than ever before are waving goodbye to cramped living spaces and lack of gardens and heading further afield in pursuit of a better quality of life.
According to Rightmove, contacts from city residents to estate agents about buying a home in the country increased by 126% in June and July across the UK compared to the same period last year.
The Kingdom has historically been an attractive place for Edinburgh commuters, however with the more permanent move towards home working, more and more Edinburgh executives are moving north of the Forth and making Fife their home.
And it’s easy to see why: according to ESPC data, the most expensive properties in Scotland are in Edinburgh with the average house price twice as much as in Fife. According to the latest figures, purchasers paid 11.9 per cent less for a property in Fife than the average price in Scotland.
Why Fife holds appeal
Clearly a move to Fife makes sound financial sense, but when you combine the exceptional value with expansive green spaces, great transport links and a thriving cultural scene, then the Kingdom becomes all the more attractive.
House prices, schools and ‘community spirit’ are the major factors when deciding on where to move and Covid-19 has also focused the mind on the need for outdoor spaces to keep fit and unwind.
While Fife retains its rural charm, the area has many of the benefits of city living with great restaurants, museums and galleries and a thriving cultural scene.
For family living, Fife offers a great deal with good quality schools - both state and independent - numerous clubs, great sports facilities and miles and miles of open spaces for children to let off steam.
There is no doubt that the last few months has highlighted the requirement for spacious, flexible properties with families having to juggle working, learning and living at home.