Average Price for property in Gremmasgaet, Lerwick, Shetland, ZE1 is around £92,076 e.g. average price for semi-detached is around 106,587. Values have been changing and have risen £169 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £417 in last 6 months, £6,743 in last 1 year, £11,254 in last 2 years, £10,455 in last 3 years, £12,775 in last 4 years and £10,867 in last 5 years.
Currently average asking price of a property in Gremmasgaet, Lerwick, Shetland, ZE1 is around £212,500 based on approximately 0 properties for sale.
Estimated property value in Gremmasgaet, Lerwick, Shetland, ZE1 is £92,076. Average asking price is £212,500 while average price paid is £84,500 which is up by £10,455.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 Gremmasgaet, Lerwick, Shetland, ZE1 area. In last 3 years alone average price buyer paid is around £84,500 based on approximately 2 sales in Gremmasgaet, Lerwick, Shetland, ZE1 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £52,812. 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 £50,208 for 6 per sale.