Flat 2 The Octagon Britannia Way

    FLAT 2 THE OCTAGON, BRITANNIA WAY, EAST COWES, PO32 6UB

    This flat/maisonette leasehold property on Britannia Way last sold in October 2023 for £345,000. Based on price growth in the PO32 district since then, its estimated current value is £282,841 — placing it in the 45th percentile nationally and the 73rd percentile within PO32. The property covers 93 m² (1,001 sq ft), giving an estimated value of £3,041 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    93 m²

    (1,001 sq ft)

    Last Sale Price

    £345,000

    Oct 2023

    Estimated Valuation

    £282,841

    Est. £/m²

    £3,041/m²

    £283/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area93 m² (1,001 sq ft)
    EPC dateApr 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Oct 2023

    £345,000

    16 Sept 2005

    New build

    £285,000

    Key Metrics

    Estimated valuation£282,841
    Value per m² / sq ft£3,041/m² (£283/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO32 district percentile73rd percentile
    National percentile45th 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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