Affordability to buy
Capacity and demand
- average yearly earnings: £38.38K
- average house price: £302.68K
- housing Affordability ratio: 7.89
- Total number of properties (based on 3 years market data from Rightmove): 7468
Assuming a household has 10% deposit which is £30.27K.
The average house would need to be 56.36% of the market level to be affordable for purchase for a household.
Affordability of 1 bedroom properties to buy
The map of the Isle of Wight shows the areas of the Island and the affordability of properties to buy with one bedroom.
Each area has a colour, red being unaffordable on one end of the scale, and green being affordable at the other end of the scale.
Affordability of 2 bedroom properties to buy
The map of the Isle of Wight shows the areas of the Island and the affordability of properties to buy with two bedrooms.
Each area has a colour, red being unaffordable on one end of the scale, and green being affordable at the other end of the scale.
Affordability of 3 bedroom properties to buy
The map of the Isle of Wight shows the areas of the Island and the affordability of properties to buy with three bedrooms.
Each area has a colour, red being unaffordable on one end of the scale, and green being affordable at the other end of the scale.
Affordability of 4 bedroom properties to buy
The map of the Isle of Wight shows the areas of the Island and the affordability of properties to buy with four bedrooms.
Each area has a colour, red being unaffordable on one end of the scale, and green being affordable at the other end of the scale.
Affordability of 5 and more bedroom properties to buy
The map of the Isle of Wight shows the areas of the Island and the affordability of properties to buy with five and more bedrooms.
Each area has a colour, red being unaffordable on one end of the scale, and green being affordable at the other end of the scale.
Housing Position Statement
Affordability - to rent
Housing Register
Support available for people developing housing
Opportunities to access council land for development
Contact information
Email: Propertydevelopment@iow.gov.uk
Telephone: 01983 821000
Contact us if you require this information in a different format.