Average Price for property in Norstane, Lerwick, Shetland, ZE1 is around £142,717 e.g. average price for semi-detached is around 185,047. Values have been changing and have risen £262 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £647 in last 6 months, £10,451 in last 1 year, £17,439 in last 2 years, £16,198 in last 3 years, £19,790 in last 4 years and £16,829 in last 5 years.
Currently average asking price of a property in Norstane, Lerwick, Shetland, ZE1 is around £212,500 based on approximately 0 properties for sale.
Estimated property value in Norstane, Lerwick, Shetland, ZE1 is £142,717. Average asking price is £212,500 while average price paid is £155,750 which is up by £16,198.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 Norstane, Lerwick, Shetland, ZE1 area. In last 3 years alone average price buyer paid is around £155,750 based on approximately 2 sales in Norstane, Lerwick, Shetland, ZE1 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £101,117. 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 £93,323 for 8 per sale.