Average Price for property in Virkie, Shetland, ZE3 is around £126,873 which varies based on type of property you are interested in and ranges from £130,781 for detached house to around £79,947 for semi-detached. Similarly terraced house is around £85,590. Values have been changing and have risen £233 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £575 in last 6 months, £9,307 in last 1 year, £15,531 in last 2 years, £14,423 in last 3 years, £17,623 in last 4 years and £14,984 in last 5 years.
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Virkie, Shetland, ZE3 area. In last 1 year alone average price buyer paid is around £88,750 based on approximately 2 sales in Virkie, Shetland, ZE3 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £115,375. 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 £111,750 for 12 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £118,785 per sale.