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.
Average sale prices · HM Land Registry / UK HPI
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.
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.
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.
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.
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 |
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.
The average property in Isle of Wight sells for £240,283, down 4.4% over the past year. Prices have grown from around £44k in the mid-1990s.
| £208,000 |
| 21 Jan 2026 |
32, PRIORS WALK PO30 5RW | Terraced | £215,000 | 21 Jan 2026 |
8, ROLFS CLOSE PO35 5RL | Detached | £525,000 | 20 Jan 2026 |
FLAT 2, RONAN COURT, 27, MILL STREET PO30 5DD | Flat/Maisonette | £118,000 | 19 Jan 2026 |
92, COLLARDS CLOSE PO40 9JW | Other | £245,000 | 16 Jan 2026 |
20, ALFRED STREET PO32 6SA | Terraced | £198,000 | 16 Jan 2026 |
2, WHITEHEAD CRESCENT, WOOTTON BRIDGE PO33 4JF | Semi-detached | £342,500 | 16 Jan 2026 |
2, FRANK WILLIAM COURT PO30 2RL | Terraced | £198,000 | 16 Jan 2026 |
35, CROSS LANE PO30 2JL | Terraced | £144,000 | 15 Jan 2026 |
7, ARUNDEL ROAD, ELMFIELD PO33 1BN | Detached | £390,000 | 15 Jan 2026 |
FLAT 3, MOUNTBATTEN MEWS, 17, PARTLANDS AVENUE PO33 3DS | Flat/Maisonette | £175,000 | 14 Jan 2026 |
4, ULSTER CRESCENT PO30 5RU | Detached | £422,500 | 14 Jan 2026 |
8, CHARNWOOD COTTAGES, WEST STREET, BRADING PO36 0DN | Semi-detached | £192,000 | 14 Jan 2026 |
53, PURDY ROAD PO30 5SU | Terraced | £225,000 | 14 Jan 2026 |
The most recent recorded sale in Isle of Wight was a detached property on Priory Walk for £438,000 in January 2026. Across the last 20 sales, the median price was £245,000.