Flat 17, Raleigh House Medina Gardens, Cowes, PO31 7AZ is a leasehold flat built between 2003-2006. The property offers approximately 1,001 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £280,539 , which equates to approximately £280 per square foot. It was last sold on 9 Dec 2005 for £220,000. Since then, the value has increased by £60,539, representing a 27.5% increase, or approximately 1.4% per year.

The current estimated value of £280,539 is:

  • 6.0% lower than the average property price on Medina Gardens
  • 0.3% lower than the average in the PO31 7AZ postcode area
  • and 15.5% lower than the average price for Cowes as a whole

View sold house prices in PO31 7AZ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
1001 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£280,539
Price Per sq ft (estimate)
£280
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 17, Raleigh House Medina Gardens, Cowes, Isle Of Wight, PO31 7AZ has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 20 Jan 2016.

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 4 Nov 2008, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 9.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The lighting was updated from low energy lighting in 40% of fixed outlets to low energy lighting in 18% of fixed outlets, with efficiency changing from average to poor.
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 18% of fixed outlets
Poor

Compared to PO31 7AZ

10 th / 17
Price Rank
0% same as average
7 th / 16
Size Rank
6% bigger than average
13 th / 16
Price Per Sq FT Rank
6% lower than average

Compared to other properties in PO31 7AZ , this flat's estimated value ranks 10th out of 17. Based on price per square foot, it ranks 13th 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 7th out of 16 properties in its postcode area.

Sale History

Today
£280,539
streetscan.co.uk estimate
+28 %
9 Dec 2005
£220,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1087 sq ft
sale price: £345,000
sale date: 1 Feb 2023
rooms: 4
size: 904 sq ft
sale price: £310,000
sale date: 4 Jan 2023
rooms: 5
size: 1003 sq ft
sale price: £285,000
sale date: 30 Jul 2021
rooms: 5
size: 1066 sq ft
sale price: £280,000
sale date: 25 Feb 2021
rooms: 4
size: 1055 sq ft
sale price: £215,000
sale date: 14 Mar 2016

Data Sources

The property at Flat 17, Raleigh House Medina Gardens, Cowes, Isle Of Wight, PO31 7AZ appears once in the Land Registry records, with the transaction recorded on 9 Dec 2005. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Jan 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.