View Properties for Sale in Orkney

Area Guide For Orkney

Orkney, also known as the Orkney Islands situated in Northern Scotland, an archipelago of around 70 islands and skerries creates a glittering array of shapes set against clear blue waters. The smaller isles of Orkney offer a world of serenity on sandy white shores while the Mainland houses the majority of the population and many attractions including an arts and crafts trail. Beautiful beaches combine with heritage, culture and wonderful wildlife to make any trip to Orkney distinct and magical. Orkney Islands have a population of just over 20,000 people which allows the 20 inhabited islands to benefit from a close community spirit, particularly good for local events and festivals.


Orkney Map

Estimated Price: £136,755
Average Asking Price: £194,843
Price change in last one year: £5,248
Average Price Paid: £117,552
Average Rent Rates: £598


Property Prices Breakdown in Orkney

Average Price for property in Orkney is around £136,755 which varies based on type of property you are interested in and ranges from £170,652 for detached house to around £114,203 for semi-detached. Similarly terraced house is around £110,105 and a flat is worth £92,868. Values have been changing and have risen £469 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £388 in last 6 months, £5,248 in last 1 year, £12,216 in last 2 years, £14,359 in last 3 years, £5,873 in last 4 years and £7,729 in last 5 years.

Currently average asking price of a property in Orkney is around £194,843 based on approximately 274 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £598 per month.

Estimated property value in Orkney is £136,755. Average asking price is £194,843 while average price paid is £116,081 which is up by £5,248 and Avg. asking rent £598.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 Orkney area. In last 1 year alone average price buyer paid is around £116,081 based on approximately 274 sales in Orkney area alone. If you compare it to last 3 years sales of 770 properties where buyers paid around £120,167. 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 £117,552 for 1,231 and average amount paid for purchase of approx. 1,750 properties sold in last 7 years comes to about £116,186 per sale.


Properties For Sale in Orkney


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £105,278, £112,250 for a 2 bedroom house, £163,429 for a 3 bedroom house, £180,714 for a 4 bedroom house and £252,000 for a 5 bedroom house. For a flat similarly the prices varies from £67,000 for a single bedroom to £60,000 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £116,500. To sum up the asking prices for properties in Orkney it comes to around average £101,450 for 1 bedroom property, £104,786 for 2 bedroom, £160,892 for 3 bedroom, £180,714 for 4 bedroom and £252,000 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it is £598 for 4 bedroom. You should be generally be expecting around average £598 rent per month for 4 bedroom property in Orkney area.

Popular Houses in Orkney

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Orkney