View Properties for Sale in Shetland

Area Guide For Shetland

Shetland also known as the Shetland Islands, is a subarctic archipelago of Scotland, it lies north-east of the island of England. A natural world where wildlife is truly wild; where you can watch otters and seals at play; and where the air is filled with the sound of seabirds crowding extraordinary cliffs in huge, noisy colonies.  A beautiful world that was carved and shaped by ice; where the geology is so fascinating that the islands are a global Geopark; and where the landscapes and seascapes provide endless inspiration for photographers and artists. Shetland has a truly unique culture, as you’d expect of an island group that has been inhabited for over 6,000 years and sits at a North Atlantic crossroads.


Shetland Map

Estimated Price: £139,036
Average Asking Price: £200,454
Price change in last one year: £10,325
Average Price Paid: £121,267
Average Rent Rates: --


Property Prices Breakdown in Shetland

Average Price for property in Shetland is around £139,036 which varies based on type of property you are interested in and ranges from £168,581 for detached house to around £122,780 for semi-detached. Similarly terraced house is around £188,691 and a flat is worth £120,903. Values have been changing and have risen £280 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £735 in last 6 months, £10,325 in last 1 year, £17,287 in last 2 years, £16,542 in last 3 years, £19,394 in last 4 years and £16,716 in last 5 years.

Currently average asking price of a property in Shetland is around £200,454 based on approximately 236 properties for sale.

Estimated property value in Shetland is £139,036. Average asking price is £200,454 while average price paid is £131,922 which is up by £10,325.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 Shetland area. In last 1 year alone average price buyer paid is around £131,922 based on approximately 236 sales in Shetland area alone. If you compare it to last 3 years sales of 749 properties where buyers paid around £127,116. 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 £121,267 for 1,191 and average amount paid for purchase of approx. 1,732 properties sold in last 7 years comes to about £116,474 per sale.


Properties For Sale in Shetland


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 2 bedroom is around £68,000 and £245,000 for a 4 bedroom house. To sum up the asking prices for properties in Shetland it comes to around average £68,000 for 2 bedroom property and £245,000 for 4 bedroom.

Popular Houses in Shetland

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.

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