Gilbertson Road, Lerwick, Shetland, ZE1

Street Guide For Gilbertson Road, Lerwick, Shetland, ZE1

 

Gilbertson Road, Lerwick, Shetland, ZE1 Map

Estimated Price: £102,746
Average Asking Price: £212,500
Price change in last one year: £7,522
Average Price Paid: £111,565
Average Rent Rates: --

 

Property Prices Breakdown in Gilbertson Road, Lerwick, Shetland, ZE1

Average Price for property in Gilbertson Road, Lerwick, Shetland, ZE1 is around £102,746 which varies based on type of property you are interested in and ranges from £152,451 for semi-detached to around £113,694 for terraced house. Values have been changing and have risen £188 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £465 in last 6 months, £7,522 in last 1 year, £12,554 in last 2 years, £11,660 in last 3 years, £14,246 in last 4 years and £12,116 in last 5 years.

Currently average asking price of a property in Gilbertson Road, Lerwick, Shetland, ZE1 is around £212,500 based on approximately 1 properties for sale.

Estimated property value in Gilbertson Road, Lerwick, Shetland, ZE1 is £102,746. Average asking price is £212,500 while average price paid is £112,500 which is up by £7,522.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 Gilbertson Road, Lerwick, Shetland, ZE1 area. In last 1 year alone average price buyer paid is around £112,500 based on approximately 1 sales in Gilbertson Road, Lerwick, Shetland, ZE1 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £93,589. 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 £111,565 for 10 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £99,631 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 Gilbertson Road, 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 Gilbertson Road, Lerwick, Shetland, ZE1