local authority Land Registry UK HPI

Isle of Wight house prices, July 2026

Average sold prices for Isle of Wight, broken down by property type, buyer status, funding status and property status, from HM Land Registry's UK House Price Index.

Average price
£245,900
Annual change
-0.9%
Homes sold, May 2026
111
England average
£293,479

The average property in Isle of Wight sold for £245,900 in July 2026, down 0.9% on the year. That is about 16% below the England average of £293,479. 111 homes sold in Isle of Wight in May 2026, the most recent month HM Land Registry have published transaction counts for.

Price trend

Over the 12 months to July 2026, the average price in Isle of Wight fell 1%, peaking at £248,548 in August 2025.

£248,548 £240,076
August 2025July 2026

Peak £248,548 in August 2025.

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By property type

Detached homes are the most expensive in Isle of Wight at £391,460, 187% above flat or maisonette at £136,254. Flat or maisonette is the only type where prices fell over the year, down 3.9%.

Average sold price by property type, July 2026.
Property typeAverage priceAnnual change
Detached£391,460Broadly flat
Semi-detached£274,602Broadly flat
Terraced£211,037Broadly flat
Flat or maisonette£136,254-3.9%

By buyer status

First-time buyers in Isle of Wight paid £95,026 less than people who already owned, a gap of 47%.

Average sold price by buyer status, July 2026.
BuyerAverage priceAnnual change
First-time buyer£200,336-0.9%
Former owner-occupier£295,362-0.8%

By funding status

Cash buyers in Isle of Wight paid 3% more than those with a mortgage. Cash accounted for 42% of the sales counted in May 2026.

Average sold price by funding status, July 2026. Sales volumes are for May 2026, the most recent month published. Cash and mortgage sales are counted separately and do not necessarily add up to the total above.
Paid withAverage priceAnnual changeSales
Cash£250,017-1%20
Mortgage£242,161-0.7%28

By property status

New builds in Isle of Wight sold for 30% more than existing homes.

Average sold price by property status, May 2026. Sales volumes are not shown for new builds: they are registered months after completion, so recent counts are incomplete rather than low.
Property statusAverage priceAnnual change
New build£311,799+2.5%
Existing property£239,265-0.7%

Month by month

Average sold price and annual change over the last 12 published months. Sales volumes stop two months short because HM Land Registry withhold the most recent counts until more transactions are registered.
MonthAverage priceAnnual changeSales
July 2026£245,900-0.9%n/a
June 2026£241,890+1.5%n/a
May 2026£240,076-0.7%111
April 2026£241,685Broadly flat130
March 2026£241,681-3.7%194
February 2026£242,613-4.1%154
January 2026£240,521-4.3%137
December 2025£244,664-3.1%150
November 2025£245,464-1.2%174
October 2025£248,467-1.2%209
September 2025£248,528-0.8%215
August 2025£248,548-0.5%181
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Areas within and around Isle of Wight

Local authorities with similar prices

Figures for a local authority are a three-month average rather than a single month's transactions. HM Land Registry revise the most recent twelve months as more sales are registered, so recent figures are provisional.