5 Mornington Mews

    5, MORNINGTON MEWS, COWES, PO31 8AU

    This flat/maisonette leasehold property on Mornington Mews last sold in April 2022 for £425,000. Based on price growth in the PO31 district since then, its estimated current value is £398,191 — placing it in the 67th percentile nationally and the 74th percentile within PO31. The property covers 79 m² (850 sq ft), giving an estimated value of £5,040 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    79 m²

    (850 sq ft)

    Last Sale Price

    £425,000

    Apr 2022

    Estimated Valuation

    £398,191

    Est. £/m²

    £5,040/m²

    £468/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area79 m² (850 sq ft)
    EPC dateFeb 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and underfloor heating, mains gas

    Transaction History

    20 Apr 2022

    £425,000

    15 May 2020

    £375,000

    16 Oct 2009

    New build

    £385,995

    Key Metrics

    Estimated valuation£398,191
    Value per m² / sq ft£5,040/m² (£468/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO31 district percentile74th percentile
    National percentile67th 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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