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Isle of Wight offers 'traditional way of life'

Tue 17 Apr 2012

Isle of Wight offers 'traditional way of life'

Buying a home on the Isle of Wight could be popular for families who want to get away from it all and enjoy a traditional way of life.

According to a report by the Daily Telegraph, property prices on the island are on the rise and are increasingly being snapped up by those who want to take part in the "unhurried" atmosphere.

It highlighted the fact that over the course of the last year, ten homes on the Isle of Wight have been sold for over £1 million, which is double the number purchased during the peak of the property market in the UK.

Only Christchurch in Dorset, Cheltenham in Gloucestershire and Warwick in the Midlands could boast more sales over £1 million in the last 12 months.

Lucian Cook of Savills research department stated £1 million homes are thriving despite the slump, which may be linked to pop icon Steve Harley recently telling the Isle of Wight County Press that he thinks the island has a special aura.

Posted by Louise ParkesADNFCR-3083-ID-801341576-ADNFCR

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