Houl Road, Scalloway, Shetland, ZE1

Street Guide For Houl Road, Scalloway, Shetland, ZE1

 

Houl Road, Scalloway, Shetland, ZE1 Map

Estimated Price: £122,882
Average Asking Price: £212,500
Price change in last one year: £8,998
Average Price Paid: £61,700
Average Rent Rates: --

 

Property Prices Breakdown in Houl Road, Scalloway, Shetland, ZE1

Average Price for property in Houl Road, Scalloway, Shetland, ZE1 is around £122,882 e.g. average price for detached house is around 103,451. Values have been changing and have risen £226 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £557 in last 6 months, £8,998 in last 1 year, £15,014 in last 2 years, £13,944 in last 3 years, £17,039 in last 4 years and £14,491 in last 5 years.

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

Estimated property value in Houl Road, Scalloway, Shetland, ZE1 is £122,882. Average asking price is £212,500 while average price paid is £12,000 which is up by £8,998.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 Houl Road, Scalloway, Shetland, ZE1 area. In last 1 year alone average price buyer paid is around £12,000 based on approximately 1 sales in Houl Road, Scalloway, Shetland, ZE1 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £45,333. 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 £61,700 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £61,416 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 Houl Road, Scalloway, 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 Houl Road, Scalloway, Shetland, ZE1