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  1. House Prices in Lerwick

Lerwick House Prices

The latest property market trends in Lerwick. Last updated 1 days ago.

Find data on the average house prices in Lerwick, how they’ve changed over the past few months, and a breakdown of the latest market trends by property type.

How much is your home worth? Find out with a free online valuation. It’ll provide you with a detailed estimate of your home’s value based on an analysis of property market activity nearby.

All our data comes from the Land Registry, and the UK’s largest online property portals.

Lerwick Housing Market Summary
  • Average asking price£211,158
  • Average sale time7 weeks
  • Asking price change-0.2%
  • Average estate agent fee1.43%
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Prices in Lerwick by house size

Below we've broken property prices down by bedroom size, with average sold prices ranging from £181,549 - £396,667 - see what size property you can get with your budget.
House SizeAverage sold price December 2024
1 bed£181,549
2 beds£182,000
3 beds£195,000
4 beds£330,000
5 beds£396,667

How have prices changed?

The current average listing price is £249,268, up by 5.34% since six months ago. The chart below shows the average listing price for properties in Lerwick.

How long do properties take to sell in Lerwick?

On average, properties take 7 weeks to sell in Lerwick. This chart shows the average time property listings are online, before the property goes under offer or is removed from the market.
Find out how long your house would take to sell with our Moving Date estimator

Are properties achieving asking price?

On average, the asking price of properties are reduced by 0.2% in Lerwick. This chart shows the average reduction of asking prices in Lerwick. A good agent will value a property accurately and so shouldn't need to reduce asking price.

Properties for sale in Lerwick

In order to identify the best estate agents in every area, we gather information on every property sale in the UK (including Lerwick!). Here's a snapshot of the latest properties to buy in Lerwick.

Activity

All
New
Price change
Removed/Sold

Estate agents

11 estate agents have listed properties for sale in Lerwick in the last 6 months. See which estate agents could get you the best price, along with reviews from people who've worked with them recently. Compare all estate agents in Lerwick.

Explore house prices near Lerwick

See house prices in nearby postcodes

Useful Resources

How much
is your home worth?

It’s always worth knowing the value of your home. Discover the price of your property with an instant valuation. GetAgent tracks the figures, so you don’t have to.

How much
is your home worth?

It’s always worth knowing the value of your home. Discover the price of your property with an instant valuation. GetAgent tracks the figures, so you don’t have to.

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