Isle of Wight property prices

The average property price in Isle of Wight county is £292k. The average price increased by £52.1k (22%) over the last twelve months. The price of an established property is £292k. The price of a newly built property is £371k. There were 2.3k property sales and sales dropped by 12.3% (-341 transactions). Most properties were sold in the £150k-£200k price range with 461 (19.8%) properties sold, followed by £200k-£250k price range with 419 (18.0%) properties sold.

June 2020 - May 2021

Isle of Wight county

England and Wales

£292k

average property price

£332k

average property price

22%

average price percentage change

10%

average price percentage change

£52.1k

average price change

£30.7k

average price change

Isle of Wight house prices map

This price map shows the average property price in a given postcode sector between June 2020 - May 2021. The most affordable place was 'PO33 2' with the average price of £203k. The most expensive place was 'PO35 5', £518k.

Isle of Wight house prices map

Isle of Wight house prices compared to other counties

Comparison of the average property price and an average price percentage change by county. Price % change compares the average property price between June 2020 - May 2021 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in county.

Isle of Wight house prices compared to other countiesAverage price percentage change
Average property price

Isle of Wight house price rank

With the average price of £292k, Isle of Wight is the 25. most pricey county out of 55 England and Wales' counties.

Isle of Wight house price rank

Isle of Wight property sales share by price range

shows a number of properties sold in a given price range between June 2020 - May 2021.

Isle of Wight property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.1%3
£50k-£100k4.2%98
£100k-£150k10.4%243
£150k-£200k19.8%461
£200k-£250k18.0%419
£250k-£300k14.3%333
£300k-£400k16.3%380
£400k-£500k8.0%185
£500k-£750k5.9%137
£750k-£1M1.6%37
over £1M1.3%30

Isle of Wight cost comparison of new homes and older homes

June 2020 - May 2021

Isle of Wight cost comparison of new homes and older homes

£371k

A newly built property

£292k

An established property

Isle of Wight cost comparison of houses and flats

June 2020 - May 2021

Isle of Wight cost comparison of houses and flats

£410k

Detached

£174k

Flat

£252k

Semi-Detached

£218k

Terraced

Isle of Wight real house prices

Yearly average nominal house prices adjusted for inflation.

Isle of Wight real house prices

Isle of Wight house prices compared to England & Wales' house prices

Yearly average nominal prices

Isle of Wight house prices

Isle of Wight house prices per square meter

Yearly average nominal prices per square meter.

Average price per square meter

Isle of Wight house prices and nearby counties

Yearly average nominal prices

Isle of Wight house prices and nearby counties

Isle of Wight house prices new vs established

Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.

Isle of Wight house prices new vs established

Isle of Wight house prices by property type

Yearly average nominal prices

Isle of Wight house prices by property type

Isle of Wight house price to earnings ratio

The median property price to median earnings ratio in Isle of Wight is 8.1. Ie. Isle of Wight resident with middle-income needs 8.1 gross annual salaries to buy a medium-priced property. Resident in Isle of Wight needs 8.1 annual salaries. The England and Wales ratio was 7.7 in 2019.
Isle of Wight house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2019
England and Wales7.7
Isle of Wight8.1

Other reports for Isle of Wight county

new home prices

property transactions

salary and unemployment

population statistics

home energy certificates

energy costs

home features

crime statistics

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