Average Price for property in Lovers Loan, Lerwick, Shetland, ZE1 is around £270,072 e.g. average price for detached house is around 270,072. Values have been changing and have risen £493 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,219 in last 6 months, £19,768 in last 1 year, £32,987 in last 2 years, £30,627 in last 3 years, £37,422 in last 4 years and £31,811 in last 5 years.
Currently average asking price of a property in Lovers Loan, Lerwick, Shetland, ZE1 is around £212,500 based on approximately 1 properties for sale.
Estimated property value in Lovers Loan, Lerwick, Shetland, ZE1 is £270,072. Average asking price is £212,500 while average price paid is £240,000 which is up by £19,768.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 Lovers Loan, Lerwick, Shetland, ZE1 area. In last 1 year alone average price buyer paid is around £240,000 based on approximately 1 sales in Lovers Loan, Lerwick, Shetland, ZE1 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £240,000. 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 £235,000 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £197,506 per sale.