Key indicators for buyers
The PO32 market is moderately favourable for buyers. Prices have softened (-23.3%), 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.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Isle of Wight area
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
Rental data shown for wider Isle of Wight area
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 £184,000 with a 25% deposit (£46k), a 2-year fixed mortgage at 3.97% costs around £726 per month.
Monthly cost comparison based on current data
Uses PO32 avg. price with Isle of Wight rental data
Monthly mortgage payments (£726) are £204 less than renting (£930). However, buying requires an upfront deposit of £46k — it would take around 6 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
20, ALFRED STREET PO32 6SA | Terraced | £198,000 | 16 Jan 2026 |
54, ST DAVIDS ROAD PO32 6EF | Terraced | £170,000 | 9 Jan 2026 |
91, CAPTAINS PARADE PO32 6GU | Other | £230,000 | 19 Dec 2025 |
21, ORCHARD ROAD PO32 6DU | Terraced | £177,000 | 19 Dec 2025 |
41, YORK AVENUE PO32 6RT | Detached | £225,000 | 12 Dec 2025 |
43, ST DAVIDS ROAD PO32 6ED | Terraced | £195,000 | 12 Dec 2025 |
FLAT 5, 5, HAVEN CLOSE PO32 6GL | Flat/Maisonette | £60,000 |
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 PO32 sold for £184,000 in 2026, with a median of £184,000 across 2 transactions. Prices fell 23.3% compared to the previous year.
| 12 Dec 2025 |
14, KINGSLEA PARK PO32 6JW | Semi-detached | £235,000 | 12 Dec 2025 |
1, CONNAUGHT ROAD PO32 6DR | Semi-detached | £335,000 | 11 Dec 2025 |
12, MINERVA ROAD PO32 6HD | Semi-detached | £330,000 | 11 Dec 2025 |
15, KINGSLEA PARK PO32 6JW | Semi-detached | £215,000 | 11 Dec 2025 |
5, ABBEY WALK PO32 6GF | Terraced | £261,000 | 11 Dec 2025 |
59, ADELAIDE GROVE PO32 6DD | Semi-detached | £286,000 | 10 Dec 2025 |
91, OSBORNE HEIGHTS PO32 6FF | Detached | £400,000 | 4 Dec 2025 |
61, CLARENCE ROAD PO32 6ET | Other | £78,000 | 28 Nov 2025 |
67, VICTORIA GROVE PO32 6DL | Detached | £217,000 | 26 Nov 2025 |
FLAT 1, PARK GATE, 193, YORK AVENUE PO32 6BE | Flat/Maisonette | £175,000 | 26 Nov 2025 |
10, GRANGE ROAD PO32 6EA | Terraced | £169,995 | 25 Nov 2025 |
APARTMENT 1, QUAY HOUSE, 24, CHURCH PATH PO32 6RL | Flat/Maisonette | £165,000 | 21 Nov 2025 |
15, ALFRED STREET PO32 6SA | Terraced | £180,000 | 19 Nov 2025 |
The most recent recorded sale in PO32 was a terraced property on Alfred Street for £198,000 in January 2026. Across the last 20 sales, the median price was £215,000.