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S12000027Sheet number (ONS area code)

House prices and rents in Shetland Islands

Local authority evidenceIn Scotland

Completed sales

UK HPI · July 2026
Completed-sale benchmark · All property types£179,49312-month change: -7.0%Observed July 2026 · published 16 September 2026
Source
Source
UK HPI, private rents and affordability: Shetland Islands
Area
Shetland Islands
Observed
July 2026
Published
16 September 2026
Coverage
Scotland; local authority S12000027; parent area S92000003
Detached£245,299
Semi-detached£173,184
Terraced£120,255
Flat£87,674

Registered sales in May 2026: 14 (provisional, lagging)

UK HPI mix-adjusted average completed-sale prices, non-seasonally adjusted; broad-area benchmark, not a property valuation.

Latest 12 months provisional and subject to revision. NI latest price reflects Q2 2026; transaction volumes lag and are revised.

Private rents

ONS · August 2026
Monthly private rent£1,01312-month change: +1.1%Figure for Scotland, a broader area.Broader-area fallbackObserved August 2026 · published 16 September 2026
Source
Source
UK HPI regions and nations; ONS private rents; ONS affordability; ONS CPI (D7BT)
Area
Scotland
Observed
August 2026
Published
16 September 2026
Coverage
9 English regions and the nations of Wales, Scotland and Northern Ireland

Affordability

Earnings ratio unavailable

House-price-to-earnings ratios are published by ONS for England and Wales only; no Scottish or Northern Irish ratio is shown or estimated.

A listing is not a sale.

September 2026 report; time-to-buyer figures from August 2026

Asking prices and time to find a buyer come from a different sample, method and date from completed sales.

Asking-price average
£207,426
Time to find a buyer
33 days
Rightmove figures for Scotland · September 2026 report; time-to-buyer figures from August 2026Observed September 2026 report; time-to-buyer figures from August 2026 · published 21 September 2026
Source
Source
Rightmove House Price Index, September 2026
Area
Scotland
Observed
September 2026 report; time-to-buyer figures from August 2026
Published
21 September 2026
Coverage
Great Britain; Northern Ireland unavailable. September 2026 report; time-to-buyer figures from August 2026

Different samples, methods and dates. The gap between these averages is not a negotiated discount.

Limits of this evidence

  • Local-authority UK HPI estimates use a three-month moving average; they are area benchmarks, not individual property valuations.

Price history and affordability

Average price, All property types
£60k£80k£100k£120k£140k£160k£180k£200k20052010201520202025

UK HPI mix-adjusted average, January 2004 to July 2026. Latest: £179,493. Gaps are months with no published value.

ONS publishes earnings ratios for England and Wales only, so there is no affordability chart for this area.

Download this area’s data:Figures and sources (JSON)Monthly prices by property type (CSV)

What would you walk away with?

Buy in Shetland Islands 1 to 10 years ago and sell now: what would you have spent, and what would you walk away with?

Work out the cost of owning here

Did pay and prices keep up?