marketcodeAsking price
£196,451 12 months to Aug 2026
224 listings
+3.2% on the previous 12 months.
Sample is the dated listings that came to market in the latest month (added and reduced cohorts).
Local authority
Shetland Islands property market
Asking £1,878/m² · 192 listed · 12 months, listings to Jul 2026
What is Shetland Islands?
- Buildings
- 11,472
- Mixed-use buildings
- 1.2%
- HMO-shaped units
- 2.0%
What does Shetland Islands cost?
Shetland Islands: asking price £196,451 (12 months to Aug 2026, 224 listings). +3.2% on the previous 12 months.
Asking price per m²
£1,878/m² 12 months to Jul 2026
192 listings
How does Shetland Islands vary by home size?
Asking price in Shetland Islands runs from £162,333 for 2 bedrooms to £264,681 for 4 bedrooms.
| Homes | Asking price | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | Not published | — | — | — |
| 2 bedrooms | £162,333 | 12 months to Aug 2026 | — | 60 |
| 3 bedrooms | £184,604 | 12 months to Jul 2026 | — | 101 |
| 4 bedrooms | £264,681 | 12 months to Jun 2026 | — | 47 |
| 5+ bedrooms | Not published | — | — | — |
Asking price by bedroom band: the monthly medians of sale listings that came to market, weighted by their dated listings, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
How liquid is Shetland Islands?
Shetland Islands: listings for sale 192 (12 months to Jul 2026, 192 listings).
Listings for sale
192 12 months to Jul 2026
192 listings
New listings
206 12 months to Aug 2026
206 listings
+21.9% on the previous 12 months.
Never-reduced cohort: undercounts new listings by the reduction share.
Price reductions
18 12 months to Aug 2026
18 listings
0% on the previous 12 months.
Reductions dated by the last reduction; several reductions of one listing count once.
Who is active in Shetland Islands?
1 agents listed homes for sale in Shetland Islands; the three largest took 100% of the listings.
- Agents active
- 1
- Top three agents’ share
- 100%
- New homes among listings
- 0.0%
days_to_completion is on the registry-matched subset (sold_matched_n), not a sell-through rate.
Who owns Shetland Islands?
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does Shetland Islands rank?
Gross yield, asking basis · local authorities in Scotland
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | Aberdeen City | 8.8% | 4,520 | measured |
| 2 | Glasgow City | 8.4% | 17,408 | measured |
| 3 | Dundee City | 7.8% | 639 | measured |
| 4 | West Dunbartonshire | 7.0% | 289 | measured |
| 5 | City of Edinburgh | 6.3% | 18,297 | measured |
Full table: gross yield, asking basis across local authorities in Scotland →
Where next from Shetland Islands?
- ScotlandThe wider market this area sits in.
- ZE1Postcode district · £2,760/m²
- ZE2Postcode district · £1,652/m²
- ZE3Postcode district · £875/m²
- Aberdeen CityNeighbouring local authority · £1,823/m²
- AberdeenshireNeighbouring local authority · £1,928/m²
- AngusNeighbouring local authority · £1,947/m²
- Argyll and ButeNeighbouring local authority · £2,139/m²
- City of EdinburghNeighbouring local authority · £3,090/m²
- ClackmannanshireNeighbouring local authority · £2,086/m²
- Dumfries and GallowayNeighbouring local authority · £1,806/m²
- Dundee CityNeighbouring local authority · £2,066/m²
Everything else about Shetland Islands
- Properties in Shetland IslandsEvery addressable home with its floor area, tenure and last recorded sale.
- Buildings in Shetland IslandsFootprints, heights and the units inside them.
- Land and plots in Shetland IslandsRegistered parcels with their area, tenure and what stands on them.
- Homes for sale in Shetland IslandsWhat is on the market right now, with the evidence beside each asking price.
- Homes to rent in Shetland IslandsWhat is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in Shetland IslandsRegistered completions from Price Paid, newest first.
- Planning applications in Shetland IslandsWhat was proposed, who decided it and whether it was approved.
- Estate agents active in Shetland IslandsWho actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Asking price | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 224 listings |
| Asking price per m² | the area_facts listing rollup | 12 months to Jul 2026 | Jul 2026 | 192 listings |
| Listings for sale | the area_facts listing rollup | 12 months to Jul 2026 | Jul 2026 | 192 listings |
| New listings | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 206 listings |
| Price reductions | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 18 listings |
| Live listings | MarketCode market evidence | on 20 Sep 2026 | 20 Sep 2026 | — |