198 Arctic Road, Cowes, PO31 7PE is a leasehold flat built between 1976-1982. The property offers approximately 786 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £136,626 , which equates to approximately £174 per square foot. It was last sold on 14 Aug 2009 for £100,000. Since then, the value has increased by £36,626, representing a 36.6% increase, or approximately 2.2% per year.

The current estimated value of £136,626 is:

  • 38.7% lower than the average property price on Arctic Road
  • 29.5% lower than the average in the PO31 7PE postcode area
  • and 58.8% lower than the average price for Cowes as a whole

View sold house prices in PO31 7PE

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
786 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£136,626
Price Per sq ft (estimate)
£174
Bedroom Count (estimate)
2 bedrooms

EPC Summary

198 Arctic Road, Cowes, Isle Of Wight, PO31 7PE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 1 Jun 2016.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 1 Jun 2016. The rating of D remains the same, but the energy efficiency score improved by 1.5%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from system built, as built, partial insulation (assumed) to cavity wall, as built, partial insulation (assumed), with no change in energy efficiency (average).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, limited insulation (assumed)
Poor
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to PO31 7PE

22 nd / 24
Price Rank
30% lower than average
13 th / 18
Size Rank
7% smaller than average
17 th / 18
Price Per Sq FT Rank
24% lower than average

Compared to other properties in PO31 7PE , this flat's estimated value ranks 22th out of 24. Based on price per square foot, it ranks 17th out of 18 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 13th out of 18 properties in its postcode area.

Sale History

Today
£136,626
streetscan.co.uk estimate
+37 %
14 Aug 2009
£100,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 829 sq ft
sale price: £112,000
sale date: 13 Aug 2012
rooms: 4
size: 821 sq ft
sale price: £112,000
sale date: 28 Jul 2009
rooms: 4
size: 829 sq ft
sale price: £115,000
sale date: 20 Jul 2009
rooms: 3
size: 700 sq ft
sale price: £206,000
sale date: 17 Jan 2022
rooms: 3
size: 700 sq ft
sale price: £115,000
sale date: 25 Apr 2021

Data Sources

The property at 198 Arctic Road, Cowes, Isle Of Wight, PO31 7PE appears once in the Land Registry records, with the transaction recorded on 14 Aug 2009. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Jun 2016. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.