Why should you move to the island?
The Isle of wight is known for its stunning coasts, natural beauty and history. Not only does is boast nature not to forget to mention (the Red Squirrel's) it is also is well known for its hospitality, events & attractions.
The island not only offers a peaceful lifestyle away from the hustle and bustle of busy cities, but it’s also house prices are astronomically cheaper and affordable. The average house price in 2023 on the island was £306,000 compared to £389,000 for Hampshire. However, there are more expensive areas on the Isle of wight than other areas.
Get to know the island and areas
Forget busy public transport and traffic jams on the motorway. Getting to places on the island isn’t a struggle, with being able to get to anywhere on the island from the centre in just 25 minutes. Other areas are more expensive than others from Yarmouth and Bembridge being premium areas with houses averaging up to £495,000. Whereas places like Shanklin and Sandown being seaside towns, houses average on £250,000.
Here are some of the most popular places to live on the Isle of Wight;
Newport
The average house price in Newport in 2023 was around £228,000. Newport is known as the capital of the island, which is also a very popular area to live. Newport is well known for its history, high street shops, supermarkets & restaurants. The town is central making is easy to reach any other town or village on the island in 25 minutes, with it also having great public transport connections.
Newport also holds one of the biggest UK music festivals, Isle of wight festival which takes place every year and is extremely popular with island residents.
Cowes
Cowes is known for its pretty Victorian properties, sailing, restaurants & a picturesque coastline. The average house price in Cowes in the last 12 months is £363,235 with Cowes being a more premium area, due to it being close to ferry links to Southampton and holding its yearly Cowes sailing week event.
Shanklin
Located in the south-east of the island, Shanklin Is known for its stunning sandy beaches, old village and Shanklin chine, being a well know tourist hotspot. The average price range in the last 12 months for Shanklin is £292,421. The location is also perfect for coastline walks along the esplanade.
Ryde
Ryde is a popular and upcoming town on the island. Known for its Victorian houses, seafront and quirky town. The average house price in the last 12 months in Ryde was £311,683. Other benefits of Ryde include ferry links to Portsmouth & Southsea, a range of local shops & restaurants and schools.
