2 Union Road

    2, UNION ROAD, COWES, PO31 7TP

    This terraced freehold property on Union Road last sold in August 2023 for £515,000. Based on price growth in the PO31 district since then, its estimated current value is £569,708 — placing it in the 84th percentile nationally and the 90th percentile within PO31. The property covers 104 m² (1,119 sq ft), giving an estimated value of £5,478 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    104 m²

    (1,119 sq ft)

    Last Sale Price

    £515,000

    Aug 2023

    Estimated Valuation

    £569,708

    Est. £/m²

    £5,478/m²

    £509/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area104 m² (1,119 sq ft)
    EPC dateApr 2024
    WallsSolid brick, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Aug 2023

    £515,000

    14 Jun 2005

    £230,000

    Key Metrics

    Estimated valuation£569,708
    Value per m² / sq ft£5,478/m² (£509/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO31 district percentile90th percentile
    National percentile84th 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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