Property Prices in Isle Of Man

Index Info
Price to Income Ratio: 2.15
Mortgage as Percentage of Income: 13.74%
Loan Affordability Index: 7.28
Price to Rent Ratio - City Centre: 9.50
Price to Rent Ratio - Outside of Centre: 10.76
Gross Rental Yield (City Centre): 10.52%
Gross Rental Yield (Outside of Centre): 9.30%
Rent Per Month
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Apartment (1 bedroom) in City Centre 837.50 £ 650.00-1,000.00
Apartment (1 bedroom) Outside of Centre 688.89 £ 600.00-850.00
Apartment (3 bedrooms) in City Centre 1,405.56 £ 1,200.00-1,750.00
Apartment (3 bedrooms) Outside of Centre 1,155.00 £ 900.00-1,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 156.39 £ 144.00-167.22
Price per Square Feet to Buy Apartment Outside of Centre 145.55 £ 111.48-195.09
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,774.89 £
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.54 2.10-3.00

These data are based on 90 entries in the past 18 months from 17 different contributors.
Last update: January 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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