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Highlands & Islands
Average House Price in Orkney Islands 2026
Average: £209,843 · +1.5% year-on-year
Average price
£209,843
Median price
£184,700
Year change
+1.5%
5-year change
+35.1%
Average price by property type
Buying costs at the average price
LBTT (first-time buyer)
£697
Save £600 with FTB relief
ADS surcharge (buy-to-let)
£16,787
8% on the full purchase price
Rental market
Avg 2-bed rent
£575/month
Annual rent
£6,900
Price-to-rent ratio
30x
How Orkney Islands compares
Other areas in Highlands & Islands
Orkney Islands property market overview
The average house price in Orkney Islands is £209,843, which is 8% above the Scottish average of £194,872. Prices have been largely flat over the past year at +1.5%, lagging behind many other Scottish areas. Over five years, values have moved up by 35.1%. The average 2-bed rent of £575/month gives a gross rental yield of 3.3%, which is challenging for buy-to-let landlords. With roughly 250 property sales per year, Orkney Islands is a quieter market with fewer transactions.
Buying tips for Orkney Islands
- First-time buyers save £600 on LBTT in Orkney Islands compared to standard buyers, paying just £697 on the average property.
- Gross rental yield of 3.3% is on the low side. Buy-to-let investors should run the numbers carefully — capital growth may need to do the heavy lifting.
- Prices sit close to the Scottish average. Use the Mortgage Affordability Calculator to see what deposit and income you’d need.
Frequently asked questions
What is the average house price in Orkney Islands?
The average house price in Orkney Islands is £209,843 (median £184,700). Detached homes average £286,100, semi-detached £209,800, terraced £162,800, and flats £95,400.
Is Orkney Islands good value compared to the rest of Scotland?
Orkney Islands is 8% above the Scottish average of £194,872, so it’s more expensive than most areas. However, more modest price growth may signal a cooling market.
How much LBTT do I pay on a property in Orkney Islands?
On the average Orkney Islands property (£209,843), a standard buyer pays £1,297 in LBTT. First-time buyers pay £697, saving £600. Use our LBTT Calculator for an exact figure at any price.
What is the rental yield in Orkney Islands?
The gross rental yield in Orkney Islands is approximately 3.3%, based on an average 2-bed rent of £575/month and average property price of £209,843. A price-to-rent ratio of 30x is considered challenging for landlords.
Useful calculators
LBTT Calculator
Calculate your exact LBTT at any price
Mortgage Affordability
How much can you borrow?
Council Tax — Orkney Islands
All 8 bands + water charges
Buy-to-Let Calculator
Rental yield + tax at Scottish rates
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Data: Registers of Scotland quarterly house price statistics, UK House Price Index (ONS/Land Registry). Figures are approximate and based on the most recent available data. LBTT calculated at 2026/27 rates. Rental data from Citylets/Scottish Government Private Rent Statistics.