Average Price for property in Observatory, Lerwick, Shetland, ZE1 is around £158,150 which varies based on type of property you are interested in and ranges from £182,182 for detached house to around £132,534 for semi-detached. Values have been changing and have risen £289 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £715 in last 6 months, £11,579 in last 1 year, £19,322 in last 2 years, £17,944 in last 3 years, £21,923 in last 4 years and £18,641 in last 5 years.
Currently average asking price of a property in Observatory, Lerwick, Shetland, ZE1 is around £212,500 based on approximately 0 properties for sale.
Estimated property value in Observatory, Lerwick, Shetland, ZE1 is £158,150. Average asking price is £212,500 while average price paid is £126,812 which is up by £17,944.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 Observatory, Lerwick, Shetland, ZE1 area. In last 3 years alone average price buyer paid is around £126,812 based on approximately 4 sales in Observatory, Lerwick, Shetland, ZE1 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £126,812. 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 £126,812 for 4 per sale.