Flat 18, Raleigh House Medina Gardens, Cowes, PO31 7AZ is a leasehold flat built between 1996-2002. The property offers approximately 904 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £278,690 , which equates to approximately £308 per square foot. It was last sold on 4 Jan 2023 for £310,000. Since then, the value has decreased by £31,310, representing a 10.1% decrease, or approximately 3.4% per year.

The current estimated value of £278,690 is:

  • 6.6% lower than the average property price on Medina Gardens
  • 1.0% lower than the average in the PO31 7AZ postcode area
  • and 16.0% lower than the average price for Cowes as a whole

At the most recent EPC inspection on 5 September 2022, the property was recorded as owner-occupied.

View sold house prices in PO31 7AZ

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
904 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£278,690
Price Per sq ft (estimate)
£308
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 18, 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 5 Sep 2022.

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 1 Sep 2011. The rating of B is unchanged, though the energy efficiency score decreased by 3.6%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in 78% of fixed outlets, with efficiency improving from good to very 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 78% of fixed outlets
Very Good

Compared to PO31 7AZ

4 th / 17
Price Rank
1% lower than average
9 th / 16
Size Rank
5% smaller than average
2 nd / 16
Price Per Sq FT Rank
4% higher than average

Compared to other properties in PO31 7AZ , this flat's estimated value ranks 4th out of 17. Based on price per square foot, it ranks 2nd out of 16 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 9th out of 16 properties in its postcode area.

Sale History

Today
£278,690
streetscan.co.uk estimate
-10 %
4 Jan 2023
£310,000
Leasehold
+23 %
27 Feb 2015
£252,000
Leasehold
+17.2 %
22 Oct 2004
£215,000
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: 797 sq ft
sale price: £250,000
sale date: 14 Jul 2023
rooms: 5
size: 1003 sq ft
sale price: £285,000
sale date: 30 Jul 2021
rooms: 3
size: 829 sq ft
sale price: £214,600
sale date: 31 May 2019
rooms: 4
size: 933 sq ft
sale price: £250,000
sale date: 17 Sep 2013

Data Sources

The property at Flat 18, Raleigh House Medina Gardens, Cowes, PO31 7AZ appears three times in the Land Registry records, with the latest transaction recorded on 4 Jan 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 5 Sep 2022. 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.