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House prices in Shetland Islands
Official UK HPI · to May 2026
£200,201 ▼ -2.2% 12 months
Shetland Islands has bucked the wider UK trend over the past year, with average prices slipping -2.2% to £200,201. The fall is most pronounced in flat property (£97,866), while detached homes hold up better at £274,814.
That's 26% below the UK average of £271,295.
Shetland Islands house price trend
“Real” adjusts every figure for inflation (ONS CPI) into today’s prices.
804 monthly data points · source: UK House Price Index.
Prices by property type
- Detached £274,814 ▼ -1.3%
- Semi-detached £192,161 ▼ -1.1%
- Terraced £133,072 ▼ -3.0%
- Flat £97,866 ▼ -6.3%
Areas with similar house prices
- House prices in Aberdeenshire £197,722
- House prices in Moray £209,866
- House prices in City of Glasgow £189,448
- House prices in Orkney Islands £214,237
- House prices in Argyll and Bute £183,508
- House prices in Scottish Borders £183,147
- House prices in South Lanarkshire £181,586
- House prices in Highland £219,659
Frequently asked questions
- What's the average house price in Shetland Islands?
- The average house price in Shetland Islands is £200,201, based on the UK House Price Index (Land Registry + ONS) to May 2026.
- How have house prices in Shetland Islands changed over the last year?
- Average house prices in Shetland Islands have fallen -2.2% over the last 12 months.
- How much does a house cost in Shetland Islands by property type?
- Latest average prices in Shetland Islands:
- detached homes: £274,814
- semi-detached homes: £192,161
- terraced homes: £133,072
- flats: £97,866
- Is Shetland Islands an expensive place to buy a home?
- The average home in Shetland Islands costs £200,201 — 26% less than the UK average of £271,295.
- Do buyers pay for a survey in Shetland Islands?
- Usually not — in Scotland the seller commissions a Home Report before listing (typically £500–£900), and buyers can rely on the survey it contains. You'd only instruct your own surveyor for unusual property or extra reassurance. Our guide to house survey costs covers the Scottish system alongside RICS Levels 1–3.
- How much does it cost to sell a house in Shetland Islands?
- On a typical Shetland Islands sale at £200,201, high-street estate-agent commission (1.0–1.5% + VAT) comes to roughly £2,400–£3,600, with sale-side conveyancing adding £900–£1,800. Fixed-fee online agents (£999–£1,999) can cut that sharply. Our cost of selling guide itemises every fee — and how to negotiate the commission.
- How much does it cost to move home in Shetland Islands?
- Moving home in Shetland Islands typically involves conveyancing (~£900–£1,800 inc. VAT and searches), a survey if you're buying (~£400–£1,300 depending on level), and removals (~£400–£1,200 for a 2–3 bedroom move). See our full cost-of-moving-home guide for every line in the bill.
Compiled by Home Price Hub from official HM Land Registry and ONS open data, updated monthly — figures to , the latest UK House Price Index release. See how we source and calculate these figures.