Property Data OutlookIsle of Wight
Data from Land Registry, ONS, Bank of England
Compare with another area →Market outlook for Isle of Wight
Key indicators for buyers
The Isle of Wight market is moderately favourable for buyers. Prices have softened (-4.4%), which could present a buying opportunity. Affordability has improved from a peak of 9.9x in 2021 to 9.3x today. Rising rents (£930/mo, +7.9%) mean the cost of waiting is real.
Price trends
Average sale prices · HM Land Registry / UK HPI
Affordability ratio
House price ÷ median earnings · ONS data
A home in Isle of Wight costs 9.3x the local median salary — stretched, improving from a peak of 9.9x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Average monthly rent in Isle of Wight is £930, up 7.9% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Isle of Wight price of £240,283 with a 25% deposit (£60k), a 2-year fixed mortgage at 3.97% costs around £948 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Monthly mortgage payments (£948) are £18 more than renting (£930). However, buying requires an upfront deposit of £60k — it would take around 9 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
9, PRIORY WALK, NITON PO38 2DS | Detached | £438,000 | 27 Jan 2026 |
67, ST MICHAELS AVENUE PO33 3EH | Semi-detached | £176,000 | 26 Jan 2026 |
112, ST EDMUNDS WALK, WOOTTON BRIDGE PO33 4JE | Semi-detached | £299,950 | 23 Jan 2026 |
8, ACACIA CLOSE PO30 5FQ | Semi-detached | £340,000 | 23 Jan 2026 |
5, ASH GROVE PO31 7HD | Semi-detached | £260,000 | 23 Jan 2026 |
UNIT 1, HANGAR PARK, FOREST ROAD PO30 5UG | Other | £954,000 | 23 Jan 2026 |
84, LINDEN ROAD PO30 1RQ | Semi-detached |
Explore postcodes in Isle of Wight
12postcode districts · Click for detailed prices
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.