Flat 9, Raleigh House Medina Gardens, Cowes, PO31 7AZ is a leasehold flat built between 1991-1995. The property offers approximately 1,055 square feet of living space. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £269,575 , which equates to approximately £256 per square foot. It was last sold on 14 Mar 2016 for £215,000. Since then, the value has increased by £54,575, representing a 25.4% increase, or approximately 2.6% per year.

The current estimated value of £269,575 is:

  • 9.6% lower than the average property price on Medina Gardens
  • 4.2% lower than the average in the PO31 7AZ postcode area
  • and 18.8% lower than the average price for Cowes as a whole

At the most recent EPC inspection on 17 August 2022, the property was recorded as owner-occupied.

View sold house prices in PO31 7AZ

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
1055 sq ft
Tenure
Leasehold
Price (estimate)
£269,575
Price Per sq ft (estimate)
£256
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 9, Raleigh House Medina Gardens, Cowes, Isle Of Wight, PO31 7AZ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 17 Aug 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 21 Oct 2011, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 18.2%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from average to very poor, while the system remained as electric immersion, off-peak.
  • 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
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 78% of fixed outlets
Very Good

Compared to PO31 7AZ

12 th / 17
Price Rank
4% lower than average
5 th / 16
Size Rank
11% bigger than average
15 th / 16
Price Per Sq FT Rank
14% lower than average

Compared to other properties in PO31 7AZ , this flat's estimated value ranks 12th out of 17. Based on price per square foot, it ranks 15th 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 5th out of 16 properties in its postcode area.

Sale History

Today
£269,575
streetscan.co.uk estimate
+25 %
14 Mar 2016
£215,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1087 sq ft
sale price: £345,000
sale date: 1 Feb 2023
rooms: 4
size: 904 sq ft
sale price: £310,000
sale date: 4 Jan 2023
rooms: 5
size: 1003 sq ft
sale price: £285,000
sale date: 30 Jul 2021
rooms: 5
size: 1066 sq ft
sale price: £280,000
sale date: 25 Feb 2021
rooms: 5
size: 1195 sq ft
sale price: £284,000
sale date: 21 Feb 2020

Data Sources

The property at Flat 9, Raleigh House Medina Gardens, Cowes, Isle Of Wight, PO31 7AZ appears once in the Land Registry records, with the transaction recorded on 14 Mar 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Aug 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.