Flat 15, Raleigh House Medina Gardens, Cowes, PO31 7AZ is a leasehold flat built between 2003-2006. The property offers approximately 1,066 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £291,006 , which equates to approximately £273 per square foot. It was last sold on 25 Feb 2021 for £280,000. Since then, the value has increased by £11,006, representing a 3.9% increase, or approximately 0.8% per year.

The current estimated value of £291,006 is:

  • 2.5% lower than the average property price on Medina Gardens
  • 3.4% higher than the average in the PO31 7AZ postcode area
  • and 12.3% 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 1 March 2019, 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
1066 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£291,006
Price Per sq ft (estimate)
£273
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 15, 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 1 Mar 2019.

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 7 Oct 2008. The rating of C remains the same, but the energy efficiency score improved by 5.3%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 250 mm loft insulation to pitched, 300 mm loft insulation, improving energy efficiency from good to very good.
  • The lighting was updated from low energy lighting in 16% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PO31 7AZ

8 th / 17
Price Rank
3% higher than average
4 th / 16
Size Rank
12% bigger than average
10 th / 16
Price Per Sq FT Rank
8% lower than average

Compared to other properties in PO31 7AZ , this flat's estimated value ranks 8th out of 17. Based on price per square foot, it ranks 10th out of 16 properties. In terms of size, this home ranks 4th out of 16 properties in its postcode area.

Sale History

Today
£291,006
streetscan.co.uk estimate
+4 %
25 Feb 2021
£280,000
Leasehold
+14.3 %
26 Nov 2010
£245,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1087 sq ft
sale price: £345,000
sale date: 1 Feb 2023
rooms: 5
size: 1003 sq ft
sale price: £285,000
sale date: 30 Jul 2021
rooms: 5
size: 1195 sq ft
sale price: £284,000
sale date: 21 Feb 2020
rooms: 5
size: 1184 sq ft
sale price: £218,000
sale date: 7 Apr 2016
rooms: 4
size: 1055 sq ft
sale price: £215,000
sale date: 14 Mar 2016

Data Sources

The property at Flat 15, Raleigh House Medina Gardens, Cowes, PO31 7AZ appears two times in the Land Registry records, with the latest transaction recorded on 25 Feb 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Mar 2019. 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.