House prices in Shetland Islands
Not legal advice. This page has not been reviewed by a solicitor. The figures are official statistics run through our calculators, not a quote.
Data as of: UK House Price Index published 21 October 2026.
What is the average house price in Shetland Islands?
As of August 2026, the average house price in Shetland Islands is £180,869, down 11.2% on a year earlier. Detached £247,171, semi-detached £174,582, terraced £121,267, flat £88,249. First-time buyers paid £154,572 on average. Figures from the UK House Price Index, published 21 October 2026.
Updated
Average price, month by month
| Month | Average price | Sales |
|---|---|---|
| August 2025 | £203,669 | 25 |
| September 2025 | £192,180 | 22 |
| October 2025 | £208,005 | 26 |
| November 2025 | £186,118 | 23 |
| December 2025 | £187,584 | 32 |
| January 2026 | £169,407 | 15 |
| February 2026 | £179,276 | 19 |
| March 2026 | £183,887 | 12 |
| April 2026 | £193,045 | 22 |
| May 2026 | £195,335 | 14 |
| June 2026 | £188,086 | 21 |
| July 2026 | £180,950 | |
| August 2026 | £180,869 |
More questions about prices in Shetland Islands
Are house prices going up in Shetland Islands?
No: the average home sold for £180,869 in August 2026, down 11.2% on August 2025, against £198,397 across Scotland. Prices rose in 6 of the last 12 months and fell or held in 6.
Source: HM Land Registry, UK House Price Index, August 2026.
When were house prices highest in Shetland Islands over the last year?
The highest monthly average in the 13 months to August 2026 was £208,005 in October 2025; the lowest was £169,407 in January 2026.
Source: HM Land Registry, UK House Price Index, August 2026.
How have prices changed by type of home in Shetland Islands?
Over the year, semi-detached homes did best (down 10.4%) and flats worst (down 13.5%).
Source: HM Land Registry, UK House Price Index, August 2026.
What do first-time buyers pay for a home in Shetland Islands?
First-time buyers paid £154,572 on average in August 2026, and buyers who already owned a home paid £204,273.
Source: HM Land Registry, UK House Price Index, August 2026.
How many homes sell in Shetland Islands each month?
21 sales were recorded in June 2026. The latest months' figures are provisional and are revised as more sales are registered.
Source: HM Land Registry, UK House Price Index, June 2026.
How much LBTT would I pay on an average home in Shetland Islands?
A home mover paying the local average for movers, £204,273, pays £1,185 in LBTT. LBTT for each kind of buyer in Shetland Islands.
Prices by property type
| Type | August 2026 | August 2025 | Change |
|---|---|---|---|
| Detached | £247,171 | £277,638 | -11.0% |
| Semi-detached | £174,582 | £194,763 | -10.4% |
| Terraced | £121,267 | £136,200 | -11.0% |
| Flat | £88,249 | £101,967 | -13.5% |
Nearby areas
| Area | Average price | Year change |
|---|---|---|
| Orkney Islands | £216,479 | -1.2% |
| Moray | £203,371 | +3.6% |
| Aberdeenshire | £200,965 | -2.0% |
| Aberdeen City | £133,782 | -5.2% |
What buying here costs in tax and fees: LBTT in Shetland Islands.
Questions
What is the average house price in Shetland Islands?
How much is a flat in Shetland Islands?
Sources
Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0. UK House Price Index published 21 October 2026, retrieved 2026-11-02. Contains public sector information licensed under the Open Government Licence v3.0. This page is general information, not legal advice, and hasn't been reviewed by a solicitor. Instrukt is not a law firm.