Flat 25 Drake House Medina Gardens

    FLAT 25 DRAKE HOUSE, MEDINA GARDENS, COWES, PO31 7AA

    This flat/maisonette leasehold property on Medina Gardens last sold in December 2022 for £350,000. Based on price growth in the PO31 district since then, its estimated current value is £327,922 — placing it in the 55th percentile nationally and the 59th percentile within PO31. The property covers 94 m² (1,012 sq ft), giving an estimated value of £3,489 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    94 m²

    (1,012 sq ft)

    Last Sale Price

    £350,000

    Dec 2022

    Estimated Valuation

    £327,922

    Est. £/m²

    £3,489/m²

    £324/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area94 m² (1,012 sq ft)
    EPC dateFeb 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    19 Dec 2022

    £350,000

    Key Metrics

    Estimated valuation£327,922
    Value per m² / sq ft£3,489/m² (£324/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO31 district percentile59th percentile
    National percentile55th 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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