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Isle of Wight · report

Empty homes in Isle of Wight

8.3% of the 73,474 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
8.3%
Empty homes
6,095

Against the wider area

Share of homes standing empty in the 2021 census.

AreaEmpty
Isle of Wight8.3%
South East4.9%
England5.4%

In England and Wales the census counts a dwelling as vacant when nobody usually lives in it and it is not a second home, checked against council tax and other records. Northern Ireland counts household spaces with no usual residents, second homes included, so its share reads higher. Scotland's 2022 census did not count empty homes. The next census is in 2031.

Other reports for Isle of Wight

Sale prices have an 80% chance of landing between £233,215 and £267,669 by August 2027.

Expected, August 2027
£250,442
Chance of a rise
64%

At the average sale price, a home costs £245,670. With 10% down and a 30-year mortgage, the payment is £1,133 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
22%
Payment, one income
44%

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£953
Owning per month
£1,157

41.6% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
150
Per 1,000 residents
1.1

Figures for United Kingdom: Isle of Wight has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

Sale prices have fallen by 3% or more 5 times since 1995. The deepest began in November 2007.

Deepest fall
−19.1%
Recovery from the low
88 months

In 2025 the population fell by 468 while 190 homes were finished.

Homes finished, 2025
190
Population change, 2025
−468

In 2025, 28% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
28%