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Fife · report

Past price cycles in Fife

Sale prices have fallen by 3% or more 7 times since 2004. The deepest began in September 2007.

Deepest fall
−16.9%
Recovery from the low
55 months

Prices in Fife and the UK, indexed

Average sale prices, both set to 100 in January 2004.

  • Fife
  • United Kingdom
  • 100 = January 2004
Show the numbers
PeriodFifeUnited Kingdom
Aug 2026276.3216.4
Jul 2026271.7215.7
Jun 2026267.3214.5
May 2026265.5215.7
Apr 2026263.1214.7
Mar 2026261.8212.9
Feb 2026261.5213.5
Jan 2026264.2213.0
Dec 2025266.5212.4
Nov 2025269.7214.4
Oct 2025270.3213.8
Sep 2025269.6213.6
Aug 2025262.9214.4
Jul 2025257.5213.1
Jun 2025250.8211.4
May 2025249.7209.3
Apr 2025252.7206.2
Mar 2025255.3212.4
Feb 2025253.3209.8
Jan 2025251.0210.0
Dec 2024251.2209.2
Nov 2024253.7209.6
Oct 2024252.4210.2
Sep 2024252.9209.8
Aug 2024252.5210.1
Jul 2024249.8208.0
Jun 2024247.2205.7
May 2024244.6204.9
Apr 2024238.5203.3
Mar 2024235.2202.2
Feb 2024233.6201.8
Jan 2024241.0202.9
Dec 2023245.5203.0
Nov 2023248.0204.8
Oct 2023253.6206.2
Sep 2023254.0207.1
Aug 2023254.5208.1
Jul 2023249.2207.0
Jun 2023245.2204.7
May 2023243.2203.9
Apr 2023240.6203.3
Mar 2023239.9202.8
Feb 2023240.3205.1
Jan 2023241.6206.8
Dec 2022244.5208.6
Nov 2022247.0210.3
Oct 2022249.0210.6
Sep 2022248.8210.6
Aug 2022248.2210.1
Jul 2022243.0208.4
Jun 2022237.3204.6
May 2022233.6202.1
Apr 2022233.5199.8
Mar 2022235.6197.5
Feb 2022235.6196.8
Jan 2022236.7196.6
Dec 2021235.9194.3
Nov 2021233.6193.3
Oct 2021230.0189.6
Sep 2021228.2194.5
Aug 2021226.6188.9
Jul 2021221.6183.4
Jun 2021213.2192.4
May 2021210.5182.7
Apr 2021209.0181.5
Mar 2021212.1184.2
Feb 2021207.1181.5
Jan 2021207.6181.0
Dec 2020207.1181.0
Nov 2020207.4179.6
Oct 2020206.4177.8
Sep 2020201.6176.3
Aug 2020200.1174.5
Jul 2020195.6172.8
Jun 2020194.5171.4
May 2020192.9169.0
Apr 2020192.7168.1
Mar 2020192.6169.9
Feb 2020189.7168.4
Jan 2020189.9169.3
Dec 2019190.4169.2
Nov 2019196.7169.4
Oct 2019196.7170.0
Sep 2019196.6170.5
Aug 2019193.1170.4
Jul 2019193.1169.8
Jun 2019191.4167.9
May 2019189.3167.2
Apr 2019186.3167.0
Mar 2019188.1165.8
Feb 2019190.7166.3
Jan 2019193.3166.7
Dec 2018193.9167.7
Nov 2018195.1168.1
Oct 2018194.6168.8
Sep 2018193.4169.0
Aug 2018192.5169.3
Jul 2018193.0168.8
Jun 2018192.6166.7
May 2018190.8165.6
Apr 2018190.7164.9
Mar 2018189.9163.4
Feb 2018188.5164.4
Jan 2018187.0163.9
Dec 2017185.8164.5
Nov 2017185.7163.9
Oct 2017189.3164.3
Sep 2017191.4164.2
Aug 2017191.3164.8
Jul 2017185.3164.1
Jun 2017182.5162.0
May 2017180.3160.6
Apr 2017179.8159.6
Mar 2017179.3157.1
Feb 2017179.0157.5
Jan 2017181.4157.1
Dec 2016181.4157.3
Nov 2016182.5157.0
Oct 2016181.9156.3
Sep 2016183.6156.8
Aug 2016181.8157.1
Jul 2016177.4157.1
Jun 2016174.3155.4
May 2016177.1153.9
Apr 2016177.6152.2
Mar 2016178.1151.6
Feb 2016174.9150.1
Jan 2016176.5150.0
Dec 2015175.1149.6
Nov 2015175.2149.1
Oct 2015174.7148.0
Sep 2015175.4147.8
Aug 2015175.1147.5
Jul 2015174.7146.1
Jun 2015172.2143.7
May 2015176.7142.6
Apr 2015173.3141.1
Mar 2015173.3139.8
Feb 2015167.0139.3
Jan 2015168.0139.2
Dec 2014167.1139.9
Nov 2014167.8139.6
Oct 2014169.3140.1
Sep 2014168.4140.3
Aug 2014166.1140.1
Jul 2014163.9138.5
Jun 2014163.3136.6
May 2014163.4135.4
Apr 2014161.7134.0
Mar 2014160.1131.1
Feb 2014158.4130.6
Jan 2014159.2130.1
Dec 2013161.1129.9
Nov 2013162.2128.7
Oct 2013163.1128.0
Sep 2013163.6128.6
Aug 2013162.8128.5
Jul 2013160.3127.5
Jun 2013156.9126.0
May 2013155.2125.0
Apr 2013152.7124.4
Mar 2013154.3123.1
Feb 2013154.9122.4
Jan 2013156.4122.4
Dec 2012155.0123.3
Nov 2012153.4123.5
Oct 2012155.1123.4
Sep 2012157.0124.3
Aug 2012161.4124.8
Jul 2012161.2124.6
Jun 2012159.8124.1
May 2012157.9122.9
Apr 2012154.0122.5
Mar 2012153.4121.2
Feb 2012152.3120.8
Jan 2012155.8121.1
Dec 2011159.8122.0
Nov 2011163.0122.5
Oct 2011166.0122.4
Sep 2011166.4123.8
Aug 2011166.3124.1
Jul 2011165.3124.0
Jun 2011161.8122.5
May 2011158.5122.3
Apr 2011157.1122.8
Mar 2011159.6120.9
Feb 2011162.4121.5
Jan 2011163.1122.1
Dec 2010162.1123.2
Nov 2010163.0123.4
Oct 2010165.7124.9
Sep 2010168.0126.3
Aug 2010168.2126.6
Jul 2010168.7126.6
Jun 2010167.3125.3
May 2010164.0124.7
Apr 2010158.4124.1
Mar 2010155.1122.6
Feb 2010158.3122.6
Jan 2010161.7122.3
Dec 2009165.4122.7
Nov 2009165.2121.9
Oct 2009166.5121.5
Sep 2009166.8120.7
Aug 2009166.9119.7
Jul 2009166.2118.6
Jun 2009165.0116.5
May 2009163.9115.4
Apr 2009155.5113.8
Mar 2009153.1112.8
Feb 2009153.3113.5
Jan 2009159.6114.8
Dec 2008164.9117.5
Nov 2008168.5119.3
Oct 2008173.8122.8
Sep 2008176.5125.3
Aug 2008177.5128.6
Jul 2008179.2131.3
Jun 2008175.0132.7
May 2008173.8134.5
Apr 2008168.2133.7
Mar 2008170.8133.5
Feb 2008170.7134.5
Jan 2008174.5135.6
Dec 2007173.8138.1
Nov 2007178.8138.3
Oct 2007180.9138.4
Sep 2007183.2138.7
Aug 2007179.6138.6
Jul 2007178.9137.8
Jun 2007175.7136.0
May 2007172.8134.6
Apr 2007165.4133.0
Mar 2007163.6130.4
Feb 2007162.5129.4
Jan 2007164.3129.0
Dec 2006161.6129.1
Nov 2006163.1127.5
Oct 2006161.5126.8
Sep 2006160.6126.1
Aug 2006156.3125.6
Jul 2006153.2124.6
Jun 2006150.4122.8
May 2006146.5121.6
Apr 2006142.1120.5
Mar 2006140.2117.9
Feb 2006142.9117.0
Jan 2006142.6116.8
Dec 2005143.5117.0
Nov 2005140.7116.3
Oct 2005143.4116.0
Sep 2005143.8116.2
Aug 2005143.3116.4
Jul 2005139.5115.9
Jun 2005135.5114.4
May 2005129.3113.5
Apr 2005125.5112.3
Mar 2005120.6110.8
Feb 2005122.9109.9
Jan 2005124.8110.0
Dec 2004126.4110.0
Nov 2004123.2110.9
Oct 2004122.4111.0
Sep 2004123.1110.2
Aug 2004120.7110.4
Jul 2004115.1109.2
Jun 2004111.0106.9
May 2004109.8105.0
Apr 2004107.2103.8
Mar 2004103.299.3
Feb 200499.499.0
Jan 2004100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
December 2004March 2005−4.6%32
September 2007February 2012−16.9%5355
November 2018April 2019−4.5%55
November 2019February 2020−3.5%36
October 2022March 2023−3.7%54
August 2023February 2024−8.2%613
October 2025February 2026−3.2%45

The UK House Price Index goes back to 1968 for the UK, its nations and England's regions, to 1995 for councils in England and Wales, to 2004 in Scotland and to 2005 in Northern Ireland, where it is quarterly. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for Fife

Next 12 months

Sale prices have an 80% chance of landing between £183,396 and £217,545 by August 2027.

Expected, August 2027
£200,470
Chance of a rise
91%

Affordability

At the average sale price, a home costs £182,463. With 10% down and a 30-year mortgage, the payment is £842 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
13%
Payment, one income
26%

Buy or rent

Figures for Scotland: Fife has no reliable figures of its own.

Owning the average home costs less each month than renting it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£1,011
Owning per month
£934

New homes

7.9% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
1,265
Per 1,000 residents
3.4

Foreign buyers

Figures for United Kingdom: Fife has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

People and new homes

In 2025 the population fell by 839 while 1,101 homes were finished.

Homes finished, 2025
1,101
Population change, 2025
−839

Renovation

In 2026, 2% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2026
2%