local authority Land Registry UK HPI

Isle of Wight house prices

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
£238,456
Annual change
-1.4%
Homes sold, March 2026
167
England average
£292,095

The average property in Isle of Wight sold for £238,456 in May 2026, down 1.4% on the year. That is about 18% below the England average of £292,095. 167 homes sold in Isle of Wight in March 2026, the most recent month HM Land Registry have published transaction counts for.

Price trend

Over the 12 months to May 2026, the average price in Isle of Wight ended the period broadly where it started, peaking at £249,973 in October 2025.

£249,973 £238,254
June 2025May 2026

Peak £249,973 in October 2025.

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By property type

Detached homes are the most expensive in Isle of Wight at £379,889, 187% above flat or maisonette at £132,351. Terraced and Flat or maisonette fell over the year while the rest held or rose.

Average sold price by property type, May 2026.
Property typeAverage priceAnnual change
Detached£379,889Broadly flat
Semi-detached£266,466Broadly flat
Terraced£203,944-0.7%
Flat or maisonette£132,351-5.2%

By buyer status

First-time buyers in Isle of Wight paid £92,411 less than people who already owned, a gap of 48%.

Average sold price by buyer status, May 2026.
BuyerAverage priceAnnual change
First-time buyer£194,070-1.7%
Former owner-occupier£286,481-1%

By funding status

Cash buyers in Isle of Wight paid 3% more than those with a mortgage. Cash accounted for 48% of the sales counted in March 2026.

Average sold price by funding status, May 2026. Sales volumes are for March 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£242,524-1.5%35
Mortgage£234,768-1.2%38

By property status

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

Average sold price by property status, March 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£312,900Broadly flat
Existing property£241,093-3.7%

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
May 2026£238,456-1.4%n/a
April 2026£240,838-0.5%n/a
March 2026£241,903-3.6%167
February 2026£243,220-3.8%144
January 2026£241,596-3.9%130
December 2025£246,502-2.4%147
November 2025£247,551Broadly flat157
October 2025£249,973-0.6%191
September 2025£249,164-0.6%198
August 2025£248,734Broadly flat180
July 2025£248,050-0.8%215
June 2025£238,254-3.4%178
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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.