Median asking price is £150,000, down 24% year on year. Homes spend 73 days on market on average, while agreed sales sit 28% below asking. 6.7% of listings have had a price reduction. Use the house price trends, time-on-market and momentum figures below to judge what your home could realistically achieve. Then get a free online valuation for a figure on your specific property.
3-month rolling average across ZE2, Shetland.
A size-adjusted view of local pricing, useful for comparing homes of different sizes.
How many homes came to market, exchanged, and how often agreed sales fell through.
For homes that reduced their asking price, the typical size of the cut — plus how often sellers pull and relist.
The typical home in ZE2 is asking £150k and takes about 73 days to sell. Your property's figure depends on size, condition and street — get a free online valuation in under a minute, with no agent visit and no obligation.
Get my free house valuationWhat sellers in ZE2 most often ask about valuations and local house prices.
The median asking price in ZE2 is currently £150k. That is the mid-point of homes on the market right now, so half are listed above it and half below. Your own figure depends on size, condition, layout and exact street — use £150k as the starting anchor, then get a free Upstix valuation for a figure on your specific property.
Homes in ZE2 typically take around 73 days to go from listed to sale agreed. Add roughly 12–16 weeks on top for conveyancing and completion. Pricing accurately in the first two weeks is the single biggest lever on that timeline — listings that reduce later almost always take longer overall.
No — homes in ZE2 are typically agreeing at about 28.0% below the original asking price. That gap is normal in most UK markets and usually reflects opening prices set slightly above expectation to leave negotiating room.
Yes. An Upstix online house valuation is free and takes under a minute — there is no obligation and no agent visit required. Estate agents also offer free in-person valuations, while a formal RICS valuation report (used for probate, tax or lending) is a paid service, typically a few hundred pounds.
An online valuation uses sold prices, current listings and property attributes to estimate a market figure instantly — ideal for an early, no-commitment answer. An in-person valuation adds what data cannot see: condition, natural light, layout, noise and finish. Most sellers start online for a range, then confirm with two or three agent visits before choosing an asking price.
These figures are compiled from live on-market listing data covering ZE2 and refresh monthly; the set shown was last refreshed on 2026-07-01. They describe the local market, not any individual property, so treat them as context rather than a valuation.
Have a question about your local market or a specific property? Our team can help you make sense of the numbers and plan your next move.