Flat 2, Raleigh House Medina Gardens, Cowes, PO31 7AZ is a leasehold flat built between 1996-2002. The property offers approximately 829 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £234,862 , which equates to approximately £283 per square foot. It was last sold on 29 Apr 2005 for £180,000. Since then, the value has increased by £54,862, representing a 30.5% increase, or approximately 1.5% per year.

The current estimated value of £234,862 is:

  • 21.3% lower than the average property price on Medina Gardens
  • 16.5% lower than the average in the PO31 7AZ postcode area
  • and 29.2% 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
1996-2002
Interior Size
829 sq ft
Tenure
Leasehold
Price (estimate)
£234,862
Price Per sq ft (estimate)
£283
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 2, 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 7 Jan 2020.

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 10 Nov 2009, and the property received the same rating of C with an unchanged energy efficiency score of 76.

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 wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PO31 7AZ

17 th / 17
Price Rank
17% lower than average
11 th / 16
Size Rank
13% smaller than average
12 th / 16
Price Per Sq FT Rank
4% lower than average

Compared to other properties in PO31 7AZ , this flat's estimated value ranks 17th out of 17. Based on price per square foot, it ranks 12th 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 11th out of 16 properties in its postcode area.

Sale History

Today
£234,862
streetscan.co.uk estimate
+30 %
29 Apr 2005
£180,000
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: 3
size: 797 sq ft
sale price: £250,000
sale date: 14 Jul 2023
rooms: 4
size: 904 sq ft
sale price: £310,000
sale date: 4 Jan 2023

Data Sources

The property at Flat 2, Raleigh House Medina Gardens, Cowes, Isle Of Wight, PO31 7AZ appears once in the Land Registry records, with the transaction recorded on 29 Apr 2005. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Jan 2020. 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.