Flat 22 Drake House Medina Gardens

    FLAT 22 DRAKE HOUSE, MEDINA GARDENS, COWES, PO31 7AA

    This flat/maisonette leasehold property on Medina Gardens last sold in November 2014 for £175,000. Based on price growth in the PO31 district since then, its estimated current value is £193,313 — placing it in the 23rd percentile nationally and the 14th percentile within PO31. The property covers 96 m² (1,033 sq ft), giving an estimated value of £2,014 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    96 m²

    (1,033 sq ft)

    Last Sale Price

    £175,000

    Nov 2014

    Estimated Valuation

    £193,313

    Est. £/m²

    £2,014/m²

    £187/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentB
    EPC potentialB
    Floor area96 m² (1,033 sq ft)
    EPC dateAug 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    20 Nov 2014

    £175,000

    4 May 2006

    New build

    £235,000

    Key Metrics

    Estimated valuation£193,313
    Value per m² / sq ft£2,014/m² (£187/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO31 district percentile14th percentile
    National percentile23rd percentile

    District Context — PO31

    PO31 covers the Isle of Wight, located off the south coast of England. It is a popular coastal and retirement destination with a mix of seaside towns, rural villages, and heritage attractions.

    Average Property Price - PO31

    £335,741

    53

    National percentile

    Average Net Household Income - PO31

    £40,086

    59

    National percentile

    10-Year Annualised Price Growth - PO31

    3.4%

    41

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO31

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