Flat 8 River Court, 62 Albert Way

    FLAT 8 RIVER COURT, 62, ALBERT WAY, EAST COWES, PO32 6GB

    This flat/maisonette leasehold property on Albert Way last sold in March 2023 for £120,000. Based on price growth in the PO32 district since then, its estimated current value is £98,379 — placing it in the 4th percentile nationally and the 2nd percentile within PO32. The property covers 35 m² (377 sq ft), giving an estimated value of £2,811 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    35 m²

    (377 sq ft)

    Last Sale Price

    £120,000

    Mar 2023

    Estimated Valuation

    £98,379

    Est. £/m²

    £2,811/m²

    £261/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2015
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentB
    EPC potentialB
    Floor area35 m² (377 sq ft)
    EPC dateFeb 2016
    WallsAverage thermal transmittance 0.27 W/m²K
    HeatingElectric storage heaters

    Transaction History

    31 Mar 2023

    £120,000

    4 Nov 2020

    £102,500

    18 Mar 2016

    New build

    £108,000

    Key Metrics

    Estimated valuation£98,379
    Value per m² / sq ft£2,811/m² (£261/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO32 district percentile2nd percentile
    National percentile4th percentile

    District Context — PO32

    PO32 covers the Isle of Wight, a large island community off the Hampshire coast. It is a predominantly residential area with strong appeal to retirees, families seeking a quieter environment, and those attracted to coastal living.

    Average Property Price - PO32

    £242,161

    25

    National percentile

    Average Net Household Income - PO32

    £36,626

    41

    National percentile

    10-Year Annualised Price Growth - PO32

    3.1%

    32

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO32

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