For 2016 details - Isle of Wight Property Market 2016 

Story Highlights

• Isle of Wight had total property sales of £718 million in 2015
• The total number of properties sold in 2015 was 3,286 properties
• The average sales price in Isle of Wight was £219 K
• New Property sales were 6.21% by value, whereas Not New Property 93.79 %

Isle of Wight has unitary authority status in South East England.

Total Sales By Property Type

Isle Of Wight had total property sales of £718 million which was 1.17% of the total South East property Market in 2015. 

The split across the different property types was:

• Detached £312 millions (43.47%)
• Terraced £118 millions (16.47%)
• Semi-Detached £157 millions (21.85%)
• Flat/Maisonette  £97 millions (13.46%)
• Other £34 millions (4.77%)

Total No Of Properties Sold By Property Type

Isle of Wight had total property sales of 3,286.  The split across the different property types are:

• Detached 1,063 (32.53%)
• Flat/Maisonette 664 (20.21%)
• Other 53 (1.61%)
• Semi-Detached 817 (24.86%)
• Terraced 689 (20.97%)

Average & Median Sales Price

The average sales price in Isle of Wight was £219 K and for the different property types it was:

• Detached £294 K
• Semi-Detached £192 K
• Terraced £172 K
• Flat/Maisonette £146 K
• Other it is £646 K

Similarly median sales price in Isle of Wight was £186 K and for different property types are:

• Detached £255 K
• Semi-Detached £178 K
• Terraced £159 K
• Flat/Maisonette £123 K
• Other it is £235 K

New Vs Not New Property Statistics

By Sales Values the split is as follows:

• New Property contributed £45 millions (6.21%)
• Not New Property contributed £647 millions (93.79 %)

By Total Number the split is as follows:

• New properties sold were 198 (6.03%)
• Not new property sold were 3,088 (93.97%)

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