Exclusive Areas on the Isle of Wight: A Breakdown of Property Prices and Sales
Bembridge and Yarmouth are some of the most sought-after areas to live on the Isle of Wight, according to recent property data. The island's housing market is characterized by varying trends in different areas, with some postcodes experiencing significant price rises and others seeing declines. Live market data from Trigghomes, an estate and lettings agent, sheds light on the areas that fetch the best prices and those that are seeing the sharpest rises.
Key Takeaways:
- Bembridge postcodes have an average property price of £453,556, with a 12.3% rise in the last five years, but a 0.9% fall in the last 12 months.
- Cowes postcodes have an average property price of £357,250, with a 20.6% rise in the last 12 months and 34.9% in the last five years.
- East Cowes postcodes have an average property price of £221,646, with a 10.1% rise in the last five years, but a 6.8% fall in the last 12 months.
- Freshwater postcodes have an average property price of £298,071, with a 4.0% rise in the last 12 months and 7.4% in the last five years.
- Newport and all PO30 postcodes have an average property price of £245,647, with a 6.7% rise in the last 12 months and 6.2% in the last five years.
- Ryde postcodes have an average property price of £255,568, with a 4.5% rise in the last 12 months and 5.6% in the last five years.
- Sandown postcodes have an average property price of £272,684, with a 0.9% fall in the last 12 months, but a 12.3% rise in the last five years.
- Shanklin postcodes have an average property price of £266,048, with a 4.9% fall in the last five years, but a 2.1% fall in the last 12 months.
- Totland postcodes have an average property price of £343,916, with a 20.2% rise in the last 12 months, and 3.2% in the last five years.
- Ventnor postcodes have an average property price of £318,497, with a 5.4% rise in the last 12 months, and 2.5% in the last five years.
- Yarmouth postcodes have an average property price of £435,238, with a 7.2% rise in the last 12 months and 15% in the last five years.
Statistics:
- Average property prices in Bembridge: £453,556
- Average property prices in Cowes: £357,250
- Average property prices in East Cowes: £221,646
- Average property prices in Freshwater: £298,071
- Average property prices in Newport: £245,647
- Average property prices in Ryde: £255,568
- Average property prices in Sandown: £272,684
- Average property prices in Shanklin: £266,048
- Average property prices in Totland: £343,916
- Average property prices in Ventnor: £318,497
- Average property prices in Yarmouth: £435,238
- Properties sold in Bembridge in the last 12 months: 38
- Properties sold in Cowes in the last 12 months: 129
- Properties sold in East Cowes in the last 12 months: 95
- Properties sold in Freshwater in the last 12 months: 65
- Properties sold in Newport in the last 12 months: 248
- Properties sold in Ryde in the last 12 months: 292
- Properties sold in Sandown in the last 12 months: 157
- Properties sold in Shanklin in the last 12 months: 89
- Properties sold in Totland in the last 12 months: 39
- Properties sold in Ventnor in the last 12 months: 94
- Properties sold in Yarmouth in the last 12 months: 23
- Bembridge postcodes saw a 0.9% fall in the last 12 months.
- East Cowes postcodes saw a 6.8% fall in the last 12 months.
- Sandown postcodes saw a 0.9% fall in the last 12 months.
- Shanklin postcodes saw a 2.1% fall in the last 12 months.
Sources:
- Trigghomes, Isle of Wight estate and lettings agent.
- Pamela Parker.
- Les Lockhart.
- Mike Wort.
- Noël Pinacate.
- County Press.