Flat 6, Raleigh House Medina Gardens, Cowes, PO31 7AZ is a leasehold flat built between 2003-2006. The property offers approximately 829 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £248,615 , which equates to approximately £300 per square foot. It was last sold on 31 May 2019 for £214,600. Since then, the value has increased by £34,015, representing a 15.9% increase, or approximately 2.4% per year.

The current estimated value of £248,615 is:

  • 16.7% lower than the average property price on Medina Gardens
  • 11.6% lower than the average in the PO31 7AZ postcode area
  • and 25.1% 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 7 June 2021, 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
829 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£248,615
Price Per sq ft (estimate)
£300
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 6, 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 Jun 2021.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 15 Jun 2011, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 13.3%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The lighting was updated from low energy lighting in 36% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
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

11 th / 17
Price Rank
12% lower than average
10 th / 16
Size Rank
13% smaller than average
4 th / 16
Price Per Sq FT Rank
1% higher than average

Compared to other properties in PO31 7AZ , this flat's estimated value ranks 11th out of 17. Based on price per square foot, it ranks 4th 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 10th out of 16 properties in its postcode area.

Sale History

Today
£248,615
streetscan.co.uk estimate
+16 %
31 May 2019
£214,600
Leasehold
+7.3 %
2 Sep 2011
£200,000
Leasehold
+8.7 %
15 Dec 2005
£184,000
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 6, Raleigh House Medina Gardens, Cowes, PO31 7AZ appears three times in the Land Registry records, with the latest transaction recorded on 31 May 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Jun 2021. 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.