Average Price for property in West Baila, Lerwick, Shetland, ZE1 is around £245,697 which varies based on type of property you are interested in and ranges from £270,374 for detached house to around £176,763 for terraced house. Values have been changing and have risen £449 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,110 in last 6 months, £17,986 in last 1 year, £30,012 in last 2 years, £27,868 in last 3 years, £34,048 in last 4 years and £28,945 in last 5 years.
Currently average asking price of a property in West Baila, Lerwick, Shetland, ZE1 is around £212,500 based on approximately 1 properties for sale.
Estimated property value in West Baila, Lerwick, Shetland, ZE1 is £245,697. Average asking price is £212,500 while average price paid is £249,950 which is up by £17,986.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 West Baila, Lerwick, Shetland, ZE1 area. In last 1 year alone average price buyer paid is around £249,950 based on approximately 1 sales in West Baila, Lerwick, Shetland, ZE1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £264,975. 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 £259,650 for 3 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £208,776 per sale.