Flat 12, Raleigh House Medina Gardens, Cowes, PO31 7AZ is a leasehold flat built between 2003-2006. The property offers approximately 797 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 £234,603 , which equates to approximately £295 per square foot. It was last sold on 14 Jul 2023 for £250,000. Since then, the value has decreased by £15,397, representing a 6.2% decrease, or approximately 2.5% per year.

The current estimated value of £234,603 is:

  • 21.4% lower than the average property price on Medina Gardens
  • 16.6% lower than the average in the PO31 7AZ postcode area
  • and 29.3% lower than the average price for Cowes as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 18 January 2023, the property was recorded as owner-occupied.

View sold house prices in PO31 7AZ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
797 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£234,603
Price Per sq ft (estimate)
£295
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 12, Raleigh House Medina Gardens, Cowes, Isle Of Wight, PO31 7AZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 18 Jan 2023.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 8 May 2012, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 4.8%.

Since the previous assessment, several changes were observed:

  • The lighting was changed from low energy lighting in 50% of fixed outlets to low energy lighting in 67% of fixed outlets, with no change in efficiency (good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to PO31 7AZ

16 th / 17
Price Rank
17% lower than average
13 th / 16
Size Rank
16% smaller than average
11 th / 16
Price Per Sq FT Rank
1% lower than average

Compared to other properties in PO31 7AZ , this flat's estimated value ranks 16th out of 17. Based on price per square foot, it ranks 11th out of 16 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 16 properties in its postcode area.

Sale History

Today
£234,603
streetscan.co.uk estimate
-6 %
14 Jul 2023
£250,000
Leasehold
+35.1 %
10 Jan 2005
£185,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 807 sq ft
sale price: £182,000
sale date: 6 Mar 2024
rooms: 3
size: 764 sq ft
sale price: £270,000
sale date: 11 Jan 2024
rooms: 3
size: 753 sq ft
sale price: £260,000
sale date: 19 Jul 2023
rooms: 4
size: 904 sq ft
sale price: £310,000
sale date: 4 Jan 2023
rooms: 3
size: 829 sq ft
sale price: £214,600
sale date: 31 May 2019

Data Sources

The property at Flat 12, Raleigh House Medina Gardens, Cowes, PO31 7AZ appears two times in the Land Registry records, with the latest transaction recorded on 14 Jul 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Jan 2023. 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.