Average Price for property in Hillhead, Lerwick, Shetland, ZE1 is around £137,320 which varies based on type of property you are interested in and ranges from £110,247 for terraced house to around £73,739 for a flat. Values have been changing and have risen £251 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £620 in last 6 months, £10,053 in last 1 year, £16,776 in last 2 years, £15,578 in last 3 years, £19,035 in last 4 years and £16,185 in last 5 years.
Currently average asking price of a property in Hillhead, Lerwick, Shetland, ZE1 is around £212,500 based on approximately 3 properties for sale.
Estimated property value in Hillhead, Lerwick, Shetland, ZE1 is £137,320. Average asking price is £212,500 while average price paid is £66,666 which is up by £10,053.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 Hillhead, Lerwick, Shetland, ZE1 area. In last 1 year alone average price buyer paid is around £66,666 based on approximately 3 sales in Hillhead, Lerwick, Shetland, ZE1 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £66,666. 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 £66,666 for 3 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £115,071 per sale.