Shetland

House Prices in ZE2

Properties in ZE2 have an average house price of £165,966.00 and had 101 Property Transactions within the last 3 years.
The most expensive property was sold for £445,000.00.

Property Price Paid in ZE2 by Year

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The average sold property price by year was:

Year Average Sold Price Sold Properties
2026 £204,200.00 10 Properties
2025 £160,341.00 30 Properties
2024 £155,642.00 21 Properties
2023 £166,047.00 40 Properties
2022 £183,198.00 155 Properties
2021 £166,920.00 170 Properties
2020 £156,534.00 146 Properties
2019 £156,436.00 176 Properties
2018 £156,282.00 161 Properties
2017 £151,987.00 170 Properties
2016 £144,817.00 163 Properties
2015 £134,689.00 194 Properties
2014 £128,669.00 187 Properties
2013 £121,757.00 151 Properties
2012 £117,138.00 171 Properties
2011 £113,974.00 130 Properties
2010 £87,840.00 127 Properties
2009 £74,805.00 181 Properties
2008 £84,800.00 175 Properties
2007 £81,987.00 154 Properties
2006 £64,862.00 216 Properties
2005 £48,496.00 204 Properties
2004 £52,164.00 239 Properties
2003 £43,910.00 134 Properties
2002 £48,821.00 36 Properties
2001 £48,429.00 35 Properties
2000 £57,180.00 18 Properties

Houses and Flats for sale in ZE2, Shetland

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There are 11 results. Property prices in ZE2 range from £29k to £195k with an average price of £101k.


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Properties for sale near ZE2

Property market in ZE2

Average asking price £174k typical £175k
Most prices £35k – £425k leaving out the extremes
Homes for sale 7 available now
New to the market 8 in the last 30 days
Typical time to sell 4 weeks last 12 months
Asking prices, year on year no change homes newly listed

What's for sale

24 homes · share, count and typical price
Detached houses 37.5% 9 · £265k
Bungalows 20.8% 5 · £195k
Land and plots 20.8% 5 · £35k
Semi-detached houses 12.5% 3 · £145k
Other homes 8.3% 2 · £174k

How many bedrooms

share, count and typical price
1 bedroom 4.8% 1 · £280k
2 bedrooms 19.0% 4 · £178k
3 bedrooms 33.3% 7 · £180k
4 bedrooms 14.3% 3 · £35k
5+ bedrooms 28.6% 6 · £318k

Price bands

24 homes
Under £45k 16.7% 4
£45k – £160k 29.2% 7
£160k – £200k 20.8% 5
£200k – £280k 12.5% 3
£280k and over 20.8% 5

Asking prices over time

typical asking price of the homes first listed each quarter · −13.0% since 2024 Q4 Median asking price per quarter in ZE2 2024 Q4: £173k (36 new listings) £173k 2024 Q4 2025 Q1: £230k (27 new listings) £230k 2025 Q1 2025 Q2: £185k (33 new listings) £185k 2025 Q2 2025 Q3: £175k (34 new listings) £175k 2025 Q3 2025 Q4: £160k (20 new listings) £160k 2025 Q4 2026 Q1: £233k (24 new listings) £233k 2026 Q1 2026 Q2: £200k (35 new listings) £200k 2026 Q2 2026 Q3: £150k (27 new listings) £150k 2026 Q3

Prices in and around ZE2

typical asking price, cheapest first
  1. KW16 £93k
  2. KW17 £143k
  3. KW1 £145k
  4. ZE2 £175k
  5. ZE1 £210k
  6. KW15 £223k
  7. KW14 £240k

Based on 24 homes for sale on Houses now, 104 listings that left the market in the last 12 months, the asking prices of the homes listed over the last two years. Schools: Ofsted. Updated October 2026.


Frequently Asked Questions about ZE2


What is the average house price in ZE2?

The average home for sale in ZE2 is priced at £174,000. A typical home, the one in the middle of the range, is £175,000. This is based on the 24 homes for sale on Houses right now.


How much does a 2 or 3 bedroom home cost in ZE2?

A typical 2-bedroom home in ZE2 costs £178,000 and a 3-bedroom home £180,000. So the extra bedroom adds about £3,000.


What price range should I expect in ZE2?

Most homes in ZE2 are priced between £35,000 and £425,000, leaving out the very cheapest and most expensive. One in five costs less than £45,000, and one in five £280,000 or more.


How many homes are for sale in ZE2?

There are 7 homes for sale in ZE2 on Houses right now. 8 new listings came onto the market in the last 30 days.


Are house prices going up in ZE2?

They are holding steady. Homes put up for sale in ZE2 over the last 12 months were advertised at a typical £185,000, about the same as the year before (£185,000). By size, 2-bedroom homes are down 20%, 3-bedroom homes are down 10% and 4-bedroom homes are up 13%.


How long does it take to sell a home in ZE2?

Homes usually sell or come off the market within about 4 weeks. About 49% go within the first month, and a quarter take longer than about 10 weeks.


What type of homes are for sale in ZE2?

Detached houses are the most common, about 4 in 10 homes for sale in ZE2. Bungalows come next, followed by semi-detached houses. Bungalows are the cheapest, at about £195,000, and detached houses the most expensive, at about £265,000.


Where are the cheapest places to buy near ZE2?

Of the areas around ZE2, KW16 is the cheapest, with a typical asking price of £93,000, followed by KW17 (£143,000) and KW1 (£145,000). ZE2 itself is £175,000.


Are homes in ZE2 freehold or leasehold?

Almost all homes for sale in ZE2 are freehold and the rest leasehold, which is mostly flats.


Which areas are included in the ZE2 postcode district?

The main area within ZE2 is Shetland.


What has been the average sold property price in ZE2 over the last three years?

Unknowns in ZE2 have an average sold price of £165,966. The average sold property price in ZE2 over the last three years is approximately £173,394.