Property Prices in Isle of Wight, United Kingdom

Index Info
Price to Income Ratio: 5.47
Mortgage as Percentage of Income: 46.67%
Loan Affordability Index: 2.14
Price to Rent Ratio - City Centre: 16.19
Price to Rent Ratio - Outside of Centre: 18.13
Gross Rental Yield (City Centre): 6.18%
Gross Rental Yield (Outside of Centre): 5.52%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 750.00 £
Apartment (1 bedroom) Outside of Centre 597.50 £ 500.00-695.00
Apartment (3 bedrooms) in City Centre 1,275.00 £ 1,250.00-1,300.00
Apartment (3 bedrooms) Outside of Centre 862.50 £ 850.00-875.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 240.00 £
Price per Square Feet to Buy Apartment Outside of Centre 200.00 £
Salaries And Financing
Average Monthly Net Salary (After Tax) 2,163.39 £
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.90 5.90-5.90

These data are based on 14 entries in the past 18 months from 3 different contributors.
Last update: February 2024

Sources and References
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