Average Price for property in Fogralea, Lerwick, Shetland, ZE1 is around £223,955 e.g. average price for detached house is around 279,134. Values have been changing and have risen £409 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,011 in last 6 months, £16,394 in last 1 year, £27,357 in last 2 years, £25,403 in last 3 years, £31,037 in last 4 years and £26,385 in last 5 years.
Currently average asking price of a property in Fogralea, Lerwick, Shetland, ZE1 is around £212,500 based on approximately 3 properties for sale.
Estimated property value in Fogralea, Lerwick, Shetland, ZE1 is £223,955. Average asking price is £212,500 while average price paid is £210,682 which is up by £16,394.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 Fogralea, Lerwick, Shetland, ZE1 area. In last 1 year alone average price buyer paid is around £210,682 based on approximately 3 sales in Fogralea, Lerwick, Shetland, ZE1 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £170,478. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £171,710 for 12 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £167,021 per sale.