Average Price for property in Market Street, Lerwick, Shetland, ZE1 is around £124,188 e.g. average price for a flat is around 100,144. Values have been changing and have risen £228 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £562 in last 6 months, £9,094 in last 1 year, £15,176 in last 2 years, £14,094 in last 3 years, £17,222 in last 4 years and £14,645 in last 5 years.
Currently average asking price of a property in Market Street, Lerwick, Shetland, ZE1 is around £212,500 based on approximately 2 properties for sale.
Estimated property value in Market Street, Lerwick, Shetland, ZE1 is £124,188. Average asking price is £212,500 while average price paid is £80,205 which is up by £9,094.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 Market Street, Lerwick, Shetland, ZE1 area. In last 1 year alone average price buyer paid is around £80,205 based on approximately 2 sales in Market Street, Lerwick, Shetland, ZE1 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £99,852. 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 £103,802 for 5 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £95,001 per sale.