Average Price for property in North Lochside, Lerwick, Shetland, ZE1 is around £121,040 which varies based on type of property you are interested in and ranges from £91,896 for semi-detached to around £59,388 for terraced house. Values have been changing and have risen £222 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £549 in last 6 months, £8,864 in last 1 year, £14,793 in last 2 years, £13,740 in last 3 years, £16,789 in last 4 years and £14,279 in last 5 years.
Currently average asking price of a property in North Lochside, Lerwick, Shetland, ZE1 is around £212,500 based on approximately 2 properties for sale.
Estimated property value in North Lochside, Lerwick, Shetland, ZE1 is £121,040. Average asking price is £212,500 while average price paid is £119,399 which is up by £8,864.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 North Lochside, Lerwick, Shetland, ZE1 area. In last 1 year alone average price buyer paid is around £119,399 based on approximately 2 sales in North Lochside, Lerwick, Shetland, ZE1 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £106,542. 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 £110,250 for 8 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £110,250 per sale.