Average Price for property in Upper Sound, Upper Sound, Lerwick, Shetland, ZE1 is around £190,755 e.g. average price for detached house is around 224,194. Values have been changing and have risen £348 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £861 in last 6 months, £13,964 in last 1 year, £23,303 in last 2 years, £21,640 in last 3 years, £26,439 in last 4 years and £22,480 in last 5 years.
Currently average asking price of a property in Upper Sound, Upper Sound, Lerwick, Shetland, ZE1 is around £212,500 based on approximately 1 properties for sale.
Estimated property value in Upper Sound, Upper Sound, Lerwick, Shetland, ZE1 is £190,755. Average asking price is £212,500 while average price paid is £305,016 which is up by £13,964.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 Upper Sound, Upper Sound, Lerwick, Shetland, ZE1 area. In last 1 year alone average price buyer paid is around £305,016 based on approximately 1 sales in Upper Sound, Upper Sound, Lerwick, Shetland, ZE1 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £166,588. 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 £166,588 for 3 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £145,711 per sale.