Reawick, Shetland, ZE2

Street Guide For Reawick, Shetland, ZE2

 

Reawick, Shetland, ZE2 Map

Estimated Price: £194,920
Average Asking Price: £198,044
Price change in last one year: £14,269
Average Price Paid: £143,249
Average Rent Rates: --

 

Property Prices Breakdown in Reawick, Shetland, ZE2

Average Price for property in Reawick, Shetland, ZE2 is around £194,920 which varies based on type of property you are interested in and ranges from £242,336 for detached house to around £78,442 for a flat. Values have been changing and have risen £356 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £881 in last 6 months, £14,269 in last 1 year, £23,810 in last 2 years, £22,109 in last 3 years, £27,013 in last 4 years and £22,966 in last 5 years.

Currently average asking price of a property in Reawick, Shetland, ZE2 is around £198,044 based on approximately 1 properties for sale.

Estimated property value in Reawick, Shetland, ZE2 is £194,920. Average asking price is £198,044 while average price paid is £210,000 which is up by £14,269.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 Reawick, Shetland, ZE2 area. In last 1 year alone average price buyer paid is around £210,000 based on approximately 1 sales in Reawick, Shetland, ZE2 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £143,249. 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 £143,249 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £140,399 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £68,000. To sum up the asking prices for properties in Reawick, Shetland, ZE2 it comes to around average £68,000 for 2 bedroom property.

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Reawick, Shetland, ZE2