Property trends for SO19

    SO19 covers the Isle of Wight, situated off the Hampshire coast in the Solent. The area combines seaside heritage with rural character, popular as both a holiday destination and established residential community.

    At a Glance

    Average Property Price - SO19

    £263,663

    31

    National percentile

    Average Monthly Rent - SO

    £1,254

    67

    National percentile

    Average Net Household Income - SO19

    £38,291

    51

    National percentile

    Flat / Maisonette Yield - SO

    5.9%

    66

    National percentile

    10-Year Annualised Price Growth - SO19

    3.6%

    51

    National percentile

    10-Year Annualised Rent Growth - SO

    3.8%

    44

    National percentile

    Property Price & Volume Trends

    The average property price in SO19 stands at £264,000, placing it below the national average. Over the past decade, prices have grown at 3.6% annually—broadly in line with national trends. Transaction activity has softened recently, with 609 sales in the latest full year compared to a 10-year average of 790, suggesting a moderately weaker market.

    Rent & Yield Trends

    Average monthly rent in the broader SO area is £1,254, positioning it above the national median. Rents have grown at 3.8% annually over ten years, a pace slightly slower than the national average. The flat yield has strengthened to 5.9%, up from a 10-year average of 4.8%, reflecting improving returns for buy-to-let investors.

    Income & Affordability Trends

    Average household income is £38,291, close to the national median. The price-to-income ratio stands at 6.5x and remains unchanged since 2016, indicating that affordability for purchase has neither improved nor deteriorated. Rental affordability has worsened: the rent-to-income ratio has risen from 28.4% to 29.9%, reflecting rental growth outpacing income growth.

    Resident Demographic Profile

    The population skews slightly older than average, with notably fewer young adults aged 16–24 (9.4% vs 11.0% nationally) and a larger cohort aged 35–49 (20.3% vs 18.7%). Social rented housing is significantly more prevalent at 23.6% compared to the national average of 16.5%, while outright ownership is lower at 25.5%. The employment profile is distinctive, with a higher proportion of trades workers (12.9% vs 10.5%) and caring professions (11.7% vs 9.2%), alongside notably fewer professionals (15.2% vs 20.5%).

    Explore nearby