Property trends for PO30

    PO30 covers the Isle of Wight, a coastal island off Hampshire's southern coast. It is a mature, family-friendly community with strong appeal to retirees and holiday visitors.

    At a Glance

    Average Property Price - PO30

    £261,554

    31

    National percentile

    Average Monthly Rent - PO

    £1,187

    62

    National percentile

    Average Net Household Income - PO30

    £37,072

    44

    National percentile

    Flat / Maisonette Yield - PO

    6.2%

    83

    National percentile

    10-Year Annualised Price Growth - PO30

    3.1%

    31

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    Property Price & Volume Trends

    The average property price in PO30 is £262,000, placing it below the national average. Annual price growth over the past decade has averaged 3.1%, also below the national pace. Transaction activity has softened recently, with 375 sales in the latest full year compared to a 10-year average of 520, reflecting weaker market momentum.

    Rent & Yield Trends

    Average monthly rent in the broader PO postcode area is £1,187, above the national median. Rents have grown at 4.1% annually over the past decade, slightly above the national rate. The flat yield currently stands at 6.2%, up from a 10-year average of 5.1%, indicating improving returns for landlords.

    Income & Affordability Trends

    Average net household income is £37,072, close to the national midpoint. The price-to-income ratio has risen to 7.1x from 6.8x in 2016, signalling that property has become somewhat less affordable to local earners. Rental affordability has also deteriorated: the rent-to-income ratio has increased to 32.1% from 28.9% in 2016.

    Resident Demographic Profile

    The population skews notably older than the national average, with 22.6% aged 65 and over compared to the national 19.6%, and only 8.8% aged 16–24 versus 11.0% nationally. Outright ownership is higher at 36.9% versus 33.7% nationally. The employment profile is distinctive: trades are overrepresented at 14.2% against the national 10.5%, while caring professions are also notably strong at 12.8% compared to 9.2% nationally.

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