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House prices in Shetland Islands

Official UK HPI · to March 2026

£156,982 ▼ -27.5% 12 months

Shetland Islands has bucked the wider UK trend over the past year, with average prices slipping -27.5% to £156,982. The fall is most pronounced in flat property (£77,263), while detached homes hold up better at £214,388.

Average price since 1995

£0k£50k£100k£150k£200k20052010201520202025

“Real” adjusts every figure for inflation (ONS CPI) into today’s prices.

267 monthly data points · source: UK House Price Index.

Prices by property type

Frequently asked questions

What's the average house price in Shetland Islands?
The average house price in Shetland Islands is £156,982, based on the UK House Price Index (Land Registry + ONS) to March 2026.
How have house prices in Shetland Islands changed over the last year?
Average house prices in Shetland Islands have fallen -27.5% 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: £214,388
  • semi-detached homes: £150,485
  • terraced homes: £105,833
  • flats: £77,263
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.