Average Price for property in Russell Crescent, Lerwick, Shetland, ZE1 is around £110,620 e.g. average price for semi-detached is around 188,082. Values have been changing and have risen £203 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £502 in last 6 months, £8,102 in last 1 year, £13,519 in last 2 years, £12,557 in last 3 years, £15,343 in last 4 years and £13,048 in last 5 years.
Currently average asking price of a property in Russell Crescent, Lerwick, Shetland, ZE1 is around £212,500 based on approximately 2 properties for sale.
Estimated property value in Russell Crescent, Lerwick, Shetland, ZE1 is £110,620. Average asking price is £212,500 while average price paid is £133,400 which is up by £8,102.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 Russell Crescent, Lerwick, Shetland, ZE1 area. In last 1 year alone average price buyer paid is around £133,400 based on approximately 2 sales in Russell Crescent, Lerwick, Shetland, ZE1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £133,400. 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 £123,075 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £123,075 per sale.