Flat 3, 72 Arctic Road, Cowes, PO31 7PF is a leasehold flat built between 1950-1966. The property offers approximately 700 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 £116,819 , which equates to approximately £167 per square foot. It was last sold on 25 Apr 2021 for £115,000. Since then, the value has increased by £1,819, representing a 1.6% increase, or approximately 0.3% per year.

The current estimated value of £116,819 is:

  • 47.5% lower than the average property price on Arctic Road
  • 46.1% lower than the average in the PO31 7PF postcode area
  • and 64.8% lower than the average price for Cowes as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 22 May 2023, the property was recorded as rented.

View sold house prices in PO31 7PF

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
700 sq ft
Tenure
Leasehold
Price (estimate)
£116,819
Price Per sq ft (estimate)
£167
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 3, 72 Arctic Road, Cowes, Isle Of Wight, PO31 7PF has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 22 May 2023.

This property uses an electric boiler with underfloor heating 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 2010. The rating of D is unchanged, though the energy efficiency score decreased by 6.6%.

Since the previous assessment, several changes were observed:

  • The heating system changed from boiler and radiators, electric to boiler and underfloor heating, electric, with no change in energy efficiency (very poor).
  • The hot water system was changed from from main system to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in 93% of fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and underfloor heating, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 93% of fixed outlets
Very Good

Compared to PO31 7PF

32 nd / 32
Price Rank
46% lower than average
24 th / 25
Size Rank
30% smaller than average
24 th / 25
Price Per Sq FT Rank
23% lower than average

Compared to other properties in PO31 7PF , this flat's estimated value ranks 32th out of 32. Based on price per square foot, it ranks 24th out of 25 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 24th out of 25 properties in its postcode area.

Sale History

Today
£116,819
streetscan.co.uk estimate
+2 %
25 Apr 2021
£115,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 701 sq ft
sale price: £105,000
sale date: 11 Mar 2019
rooms: 3
size: 743 sq ft
sale price: £133,000
sale date: 29 Feb 2008
rooms: 3
size: 753 sq ft
sale price: £146,500
sale date: 23 Jan 2008
rooms: 3
size: 667 sq ft
sale price: £195,000
sale date: 5 Apr 2022
rooms: 3
size: 700 sq ft
sale price: £206,000
sale date: 17 Jan 2022

Data Sources

The property at Flat 3, 72 Arctic Road, Cowes, Isle Of Wight, PO31 7PF appears once in the Land Registry records, with the transaction recorded on 25 Apr 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 22 May 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.


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