Bells Place, Lerwick, Shetland, ZE1

Street Guide For Bells Place, Lerwick, Shetland, ZE1

 

Bells Place, Lerwick, Shetland, ZE1 Map

Estimated Price: £147,965
Average Asking Price: £212,500
Price change in last one year: £10,832
Average Price Paid: £138,575
Average Rent Rates: --

 

Property Prices Breakdown in Bells Place, Lerwick, Shetland, ZE1

Average Price for property in Bells Place, Lerwick, Shetland, ZE1 is around £147,965 e.g. average price for a flat is around 167,516. Values have been changing and have risen £270 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £668 in last 6 months, £10,832 in last 1 year, £18,077 in last 2 years, £16,788 in last 3 years, £20,512 in last 4 years and £17,442 in last 5 years.

Currently average asking price of a property in Bells Place, Lerwick, Shetland, ZE1 is around £212,500 based on approximately 0 properties for sale.

Estimated property value in Bells Place, Lerwick, Shetland, ZE1 is £147,965. Average asking price is £212,500 while average price paid is £148,775 which is up by £16,788.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Bells Place, Lerwick, Shetland, ZE1 area. In last 3 years alone average price buyer paid is around £148,775 based on approximately 2 sales in Bells Place, Lerwick, Shetland, ZE1 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £138,575. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £138,575 for 4 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 4 bedroom is around £245,000. To sum up the asking prices for properties in Bells Place, Lerwick, Shetland, ZE1 it comes to around average £245,000 for 4 bedroom property.

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Bells Place, Lerwick, Shetland, ZE1