Flat 8, Raleigh House Medina Gardens, Cowes, PO31 7AZ is a leasehold flat built between 2003-2006. The property offers approximately 807 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £176,693 , which equates to approximately £219 per square foot. It was last sold on 6 Mar 2024 for £182,000. Since then, the value has decreased by £5,307, representing a 2.9% decrease, or approximately 1.6% per year.

The current estimated value of £176,693 is:

  • 40.8% lower than the average property price on Medina Gardens
  • 37.2% lower than the average in the PO31 7AZ postcode area
  • and 46.8% lower than the average price for Cowes as a whole

At the most recent EPC inspection on 20 January 2023, the property was recorded as rented.

View sold house prices in PO31 7AZ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
807 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£176,693
Price Per sq ft (estimate)
£219
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 8, 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 20 Jan 2023.

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 23 Apr 2013. The rating of C is unchanged, though the energy efficiency score decreased by 2.5%.

Since the previous assessment, several changes were observed:

  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 75% of fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to PO31 7AZ

2 nd / 17
Price Rank
37% lower than average
12 th / 16
Size Rank
15% smaller than average
1 st / 16
Price Per Sq FT Rank
26% lower than average

Compared to other properties in PO31 7AZ , this flat's estimated value ranks 2nd out of 17. Based on price per square foot, it ranks 1st 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 12th out of 16 properties in its postcode area.

Sale History

Today
£176,693
streetscan.co.uk estimate
-3 %
6 Mar 2024
£182,000
Leasehold
-32.6 %
16 Feb 2005
£270,000
Leasehold

Area Insights

Similar Properties Sold Nearby

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
rooms: 3
size: 829 sq ft
sale price: £214,600
sale date: 31 May 2019

Data Sources

The property at Flat 8, Raleigh House Medina Gardens, Cowes, PO31 7AZ appears two times in the Land Registry records, with the latest transaction recorded on 6 Mar 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Jan 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.


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.