Average Price for property in St. Olaf Street, Lerwick, Shetland, ZE1 is around £184,605 which varies based on type of property you are interested in and ranges from £237,367 for detached house to around £260,981 for semi-detached. Similarly flat is around £86,990. Values have been changing and have risen £337 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £833 in last 6 months, £13,512 in last 1 year, £22,550 in last 2 years, £20,942 in last 3 years, £25,589 in last 4 years and £21,754 in last 5 years.
Currently average asking price of a property in St. Olaf Street, Lerwick, Shetland, ZE1 is around £212,500 based on approximately 7 properties for sale.
Estimated property value in St. Olaf Street, Lerwick, Shetland, ZE1 is £184,605. Average asking price is £212,500 while average price paid is £201,857 which is up by £13,512.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 St. Olaf Street, Lerwick, Shetland, ZE1 area. In last 1 year alone average price buyer paid is around £201,857 based on approximately 7 sales in St. Olaf Street, Lerwick, Shetland, ZE1 area alone. If you compare it to last 3 years sales of 17 properties where buyers paid around £197,200. 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 £188,762 for 21 and average amount paid for purchase of approx. 24 properties sold in last 7 years comes to about £189,757 per sale.