Isle of Man

What the data says about Isle of Man

Not opinions — arithmetic. Each of these came out of the registers and the listings themselves, and each links to the page it was computed from so you can check it. 10 of them today.

Geography Where is the biggest price gap on the Isle of Man? The median home in IM6 1 asks £1,950,000; in IM4 it asks £239,950. Same island, 8.1× the price. What would make this wrong: It compares what is on the market, not like for like. An area of large houses will always beat an area of flats, whatever the land underneath is worth. See what this is built from What things cost Which bedroom costs the most on the Isle of Man? Going from 4 bedrooms to 5 adds £230,000 to the median asking price — more than any other step on the ladder. What would make this wrong: A 5-bed house is not a 4-bed house with a room added — it is usually a bigger plot in a different place. This is the price of a different kind of home, not the price of a bedroom. See what this is built from Planning What is hardest to get permission for on the Isle of Man? Applications for two-storey extension are granted 86% of the time, over 101 decisions; porch 98% over 55. Both are high — refusal is rarer here than people assume. See what this is built from Development Where is the Isle of Man actually being built? Douglas accounts for 44% of every new dwelling proposed on the island — 351 of 796. What would make this wrong: Proposed, not built. One large scheme can carry a whole parish, and a refusal or an abandonment leaves the number standing. See what this is built from Geography Which is the dearest road on the Isle of Man? West Apartments Bridge Road, Douglas — a median of £335,000 across 21 recorded sales. The busiest road on the register is Orchard Apartments Bridson Street with 30. What would make this wrong: Roads are matched from the register's own address text, so a short prestigious road with few sales can be beaten by a long ordinary one. The median spans the life of the register, not today. See what this is built from The market How concentrated is the Isle of Man's market? Three agents hold 62% of everything advertised — 397, 330, 275 listings out of 1,619. 10 agents share the rest. What would make this wrong: It counts adverts, not sales. An agency that lists everything it is asked to and one that sells everything it lists look identical here. See what this is built from The market Do agents agree on what a house is worth? 4 properties are marketed by more than one agent here. Both figures are published as given. See what this is built from Supply What is the cheap end of the Isle of Man actually like? Only 58 of 1,327 homes for sale — 4.4% — ask £150,000 or less. The bottom of this market is thinner than most people expect. What would make this wrong: Cheap homes sell fastest, so at any moment the bottom of the market is under-represented on any listings site, including this one. See what this is built from Renting out Where does renting out pay best on the Isle of Man? Andreas shows the widest gap between rents and prices at 11.1% gross, against 4.2% island-wide. See what this is built from This week What has moved on the Isle of Man this week? 1,251 listings appeared, 27 had their price cut and 3 went up. We read every agent's site overnight, so this is the week as it happened. See what this is built from

The island most like this one

On asking price and market size, St Lucia is Isle of Man's closest match anywhere on this site — a median of $500,000 (£366,139) against £399,950 (£399,950), across 1,163 listings against 1,334. Put them side by side

What the same money buys elsewhere

The median Isle of Man asking price, converted, against other islands' medians.

IslandTheir medianWhat Isle of Man money buys
SamoaWS$250,0005.8 homes at their median
Dominica$204,5982.7 homes at their median
Belize$235,0002.3 homes at their median
BahrainBD 90,0002.3 homes at their median

Converted at the previous day's reference rates. It compares medians, not like-for-like houses — an island of flats will always look cheap against an island of villas.

The questions people actually ask The market report