Recent research conducted by Savills in collaboration with a property site has identified Dunfermline, a Scottish city located just thirty minutes from Edinburgh, as the top “best value” city in the United Kingdom. The study, considering factors such as property prices, amenities, and green spaces, sheds light on the appeal of smaller and less-known cities for those seeking an affordable yet vibrant urban lifestyle.
Dunfermline, with a population of around 60,000 and situated approximately three miles from the northern shore of the Firth of Forth, clinched the leading position on the list. Despite being the newest city in Scotland, officially gaining its status in 2022, Dunfermline has a rich historical background as the country’s ancient capital.
The research reveals that the average house price in Dunfermline is £206,900, with the average household income standing at £56,225. The findings suggest that although Aberdeen offers slightly more affordable homes and a slightly better house price to income ratio, its dependence on the oil and gas industry limits career opportunities, giving Dunfermline a competitive advantage.
One noteworthy aspect of Dunfermline, as emphasized by the study, is its abundance of green spaces. Parks like Pittencrieff Park, Townhill Country Park, and Town Loch provide residents with scenic outdoor settings. Town Loch, in particular, has become a popular destination for various water sports. Additionally, the city is conveniently located near the breath taking Aberdour Silver Sands beach, providing a perfect retreat for beach enthusiasts.
Dunfermline’s cultural scene also contributes to its status as the “best value” city. The city boasts a thriving community of independent businesses and makers, creating a vibrant atmosphere for both residents and visitors. A creative hub like the Fire Station Creative venue, which houses art studios, galleries, and a cafe, stands out as a centre for artistic expression. The Secret Door antique store and the 269 Vegan bakery add to the city’s diverse charm.
The acknowledgment of Dunfermline’s cultural offerings underscores the city’s commitment to fostering a diverse and thriving community. The recognition of independent businesses and cultural hubs indicates that Dunfermline not only provides an affordable living environment but also a rich and fulfilling lifestyle.
Dunfermline’s ascent to the top of the “best value” list highlights the evolving preferences in desirable places to live in the UK. With property prices skyrocketing in larger metropolitan areas, individuals seeking affordability and quality of life are turning their attention to smaller cities with untapped potential.
In conclusion, Dunfermline’s recognition as the top “best value” city in the UK for 2024 showcases the city’s unique combination of historical significance, natural beauty, and a flourishing cultural scene. As more people acknowledge the advantages of living in smaller cities, Dunfermline stands as a prime example of a hidden gem, offering an affordable yet vibrant lifestyle in the heart of Scotland.
