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Fife · report

Renovation in Fife

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

Homes from existing buildings, 2026
2%

Homes finished in Fife, by type of work

Homes added each financial year: new build, and homes gained by converting buildings or changing their use, net of those lost. MHCLG (England) and the Scottish Government.

  • Conversions
  • Extensions
  • New buildings
Show the numbers
YearNew buildingsExtensionsConversionsTotal
20261,206—281,234
20251,332—411,373
20241,408—01,408
20231,544—1001,644
20221,113—01,113
2021907—55962
20201,459—361,495
20191,300—351,335
20181,923—581,981
20171,486—291,515
20161,124—321,156
2015956—19975
2014805—0805
20131,060—01,060
2012861—0861
20111,210—211,231
2010895—38933
20091,297—521,349
20081,574—731,647
20071,415—1301,545
20062,000—1212,121
20051,658—1711,829
20041,806—1121,918
20031,819—551,874
20021,328—1521,480
20011,381—441,425
20001,840—381,878
19991,394—201,414
19981,467—421,509
19971,059—461,105

England counts net additions: new build, plus homes gained by converting buildings or changing their use, net of those lost. Scotland counts homes from conversions. Wales and Northern Ireland publish no such split. Years are financial years, April to March, named by the year they end in.

Other reports for Fife

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%

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%

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

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

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%

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

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

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