Property trends for PO11

    PO11 covers the Isle of Wight's central and eastern areas, including Shanklin and Sandown. The district is a established coastal and retirement-oriented community with seaside appeal.

    At a Glance

    Average Property Price - PO11

    £366,597

    60

    National percentile

    Average Monthly Rent - PO

    £1,187

    62

    National percentile

    Average Net Household Income - PO11

    £38,670

    52

    National percentile

    Flat / Maisonette Yield - PO

    6.2%

    83

    National percentile

    10-Year Annualised Price Growth - PO11

    3.4%

    44

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    Property Price & Volume Trends

    The average property price stands at £367,000, slightly above the national mid-point. Over the past decade, prices have grown at 3.4% annually—a below-average pace compared with the wider market. Transaction volumes have fallen notably, with 232 sales in the latest year against a 10-year average of 319 annually.

    Rent & Yield Trends

    Average monthly rent of £1,187 sits above the national typical level. Rental growth has averaged 4.1% annually over ten years, performing in line with national trends. The flat yield has strengthened to 6.2%, up from a 10-year average of 5.1%, reflecting improved returns for landlords in the current cycle.

    Income & Affordability Trends

    Household incomes here are close to the national average at £38,670. The price-to-income ratio of 10.0x has deteriorated since 2016 (when it stood at 8.6x), signalling that purchasing power has weakened relative to prices. Rental affordability has also tightened: renters now spend 32.1% of income on housing, up from 28.9% in 2016.

    Resident Demographic Profile

    The population is notably older, with over a third aged 65 and above—far exceeding the national average of 19.6%—whilst the under-25s are significantly underrepresented. Housing tenure is heavily weighted toward outright ownership at 52.6%, well above the national norm of 33.7%, reflecting the retiree-heavy profile. Employment skews toward management and technical roles, whilst younger career-building and elementary roles are proportionally fewer than national averages.

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