Isle of Wight Property Prices and Rents
A quick local authority snapshot for prices, rents, local incomes and market direction. Use the deeper market pages for sales, rental and affordability evidence.
Isle of Wight market at a glance
Page refreshed 19 August 2026Average house price£240,998
MoM +0.5%YoY +1.1%
Average private rent£950
MoM +0.2%YoY +7.6%
Median annual pay£34,429ASHE 2026
Employment rate73.6%Aged 16-64
What this means
Isle of Wight house prices are rising modestly compared with last year. Rent and wage data help compare local affordability and demand.
Data freshness
- House price data
- June 2026
- Rent data
- July 2026
- Pay data
- Apr 2025-Mar 2026 / ASHE 2026
Official price trend
All homes UK HPI series, last 5Y.
All homes average price was £240,998 in June 2026, 0.5% up over the month and 1.1% up over the year.
Monthly movementUp 0.5%From £239,835 last month
Annual movementUp 1.1%From £238,267 last year
| Month | Average price | Monthly change | Annual change |
|---|---|---|---|
| Month: July 2025 | Average: £248,063 | Monthly: +4.1% | Annual: -0.8% |
| Month: August 2025 | Average: £248,547 | Monthly: +0.2% | Annual: -0.5% |
| Month: September 2025 | Average: £248,626 | Monthly: 0.0% | Annual: -0.8% |
| Month: October 2025 | Average: £249,160 | Monthly: +0.2% | Annual: -0.9% |
| Month: November 2025 | Average: £246,693 | Monthly: -1.0% | Annual: -0.7% |
| Month: December 2025 | Average: £245,895 | Monthly: -0.3% | Annual: -2.7% |
| Month: January 2026 | Average: £241,598 | Monthly: -1.7% | Annual: -3.9% |
| Month: February 2026 | Average: £243,134 | Monthly: +0.6% | Annual: -3.8% |
| Month: March 2026 | Average: £242,733 | Monthly: -0.2% | Annual: -3.3% |
| Month: April 2026 | Average: £241,481 | Monthly: -0.5% | Annual: -0.3% |
| Month: May 2026 | Average: £239,835 | Monthly: -0.7% | Annual: -0.8% |
| Month: June 2026 | Average: £240,998 | Monthly: +0.5% | Annual: +1.1% |
Continue Isle of Wight Research
House Prices And Sold-Price Evidence
UK HPI shows £240,998 for June 2026, with raw completed-sale evidence from HM Land Registry.
Open pageRents, Yield And Rental DemandONS private rents show £950 average rent, with an indicative gross yield signal.
Open pageWages, Employment And AffordabilityMedian resident pay is £34,429 and helps compare local affordability.
Open pageIsle of Wight Property GuidesOpen local-authority-specific guides that explain how to use the data safely.
Open pageSources of this data
UK House Price Index (ONS) · Office for National Statistics Private Rent Index · ASHE earnings data
Official property market data is usually delayed because figures are published after the reporting month has ended.
Isle of Wight market commentary
What the latest official data may mean for buyers, renters and investors.
The UK House Price Index shows that the average home on the Isle of Wight was priced at £240,998 in June 2026. That was up 0.5% on the month and 1.1% higher than a year earlier.
ONS private rent statistics for the Isle of Wight show that the average monthly rent reached £950 in July 2026. That is up £2 from June, so the month-on-month move was modest.
The ONS Price Index of Private Rents for the island also edged higher, rising to 124.8. The annual picture is much stronger.
Isle of Wight’s latest ONS and Nomis labour-market profile shows a resident population of 140,777 in 2025. That scale matters for local housing context because a smaller island economy can have a different earnings and employment mix from the national average, even before any property-market factors are considered.