Melbourne Place, Queens Road - PO31 8BE
Key Building Insights
Melbourne Place, Queens Road is a residential building situated on Queens Road, Cowes, PO31 with 8 addresses.
It ranks as the 269th largest and 286th most expensive of the 329 buildings in the PO31 area. The most common property type is a mid-century house built between 1936 and 1979.
The building contains a total of 8 properties: 8 flats.
- Ave. Sale Price
- £308,175
- 10 Year change
- up 30.8%
- Ave. Rental Price
- £1,199pcm
- 10 Year change
- up 47.8%
- Ave. £ per ft²
- £356/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Key Building Insights
Melbourne Place, Queens Road is a residential building situated on Queens Road, Cowes, PO31 with 8 addresses.
It ranks as the 269th largest and 286th most expensive of the 329 buildings in the PO31 area. The most common property type is a mid-century house built between 1936 and 1979.
The building contains a total of 8 properties: 8 flats.
- Ave. Sale Price
- £308,175
- 10 Year change
- up 30.8%
- Ave. Rental Price
- £1,199pcm
- 10 Year change
- up 47.8%
- Ave. £ per ft²
- £356/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Explore Propertieson Queens Road, Cowes, PO31
- 1 Melbourne Place Queens Road
4 Bed Mid-century House
- 4 Melbourne Place Queens Road
3 Bed Mid-century House
- 5 Melbourne Place Queens Road
3 Bed Mid-century House
Sales Market Trends
The last sale in Melbourne Place, Queens Road sold for £220,000 on 27th July 2016. Since then prices are up an average of 31.4%.
The current average value in the building is £308,175.
The Melbourne Place, Queens Road Sales Market has increased by 30.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.1% | £308,175 |
| June 2025 | 0.3% | £318,051 |
| June 2024 | 0.7% | £317,013 |
| June 2023 | 1.5% | £314,911 |
| June 2022 | 11.4% | £310,335 |
| June 2021 | 11.8% | £278,584 |
| June 2020 | 2% | £249,191 |
| June 2019 | 1.5% | £244,407 |
| June 2018 | -0.5% | £240,883 |
| June 2017 | 2.7% | £241,978 |
| June 2016 | 3.2% | £235,666 |
| June 2015 | 4.9% | £228,310 |
| June 2014 | 1.3% | £217,591 |
| June 2013 | -3.8% | £214,762 |
| June 2012 | 3.7% | £223,257 |
| June 2011 | -1.2% | £215,218 |
| June 2010 | 8.3% | £217,859 |
| June 2009 | -8.1% | £201,170 |
| June 2008 | -1.5% | £218,981 |
| June 2007 | 0% | £222,345 |
Rental Market Trends
The current average rental value in the building is £1,199.
The Melbourne Place, Queens Road Rental Market has increased by 47.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £1,199pcm |
| June 2025 | 2.9% | £1,166pcm |
| June 2024 | 4.5% | £1,133pcm |
| June 2023 | 7.6% | £1,085pcm |
| June 2022 | 10.1% | £1,008pcm |
| June 2021 | 8.1% | £916pcm |
| June 2020 | 0.4% | £847pcm |
| June 2019 | 3% | £843pcm |
| June 2018 | 2.5% | £818pcm |
| June 2017 | -1.5% | £799pcm |
| June 2016 | 3.5% | £811pcm |
| June 2015 | 2.7% | £784pcm |
| June 2014 | 0.5% | £763pcm |
| June 2013 | 1.4% | £759pcm |
| June 2012 | 3.2% | £749pcm |
| June 2011 | 0% | £725pcm |
| June 2010 | 4.9% | £725pcm |
| June 2009 | -7.8% | £691pcm |
| June 2008 | 3.2% | £750pcm |
| June 2007 | 0% | £726pcm |
Sales History
The last sale was on 27th July 2016 for £220,000 and since then the market in the area has increased by 31.4%. The building has had a total of 9 sales since 1995.
Melbourne Place, Queens Road, Cowes, PO31 8BE has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jul 2016£220,000 | 3 Bed House5 Melbourne Place, Queens Road, Cowes, PO31 8BE5 Melbourne Place, Queens Road, Cowes, PO31 8BE
- Sold Sep 2014£225,000 | 3 Bed House6 Melbourne Place, Queens Road, Cowes, PO31 8BE6 Melbourne Place, Queens Road, Cowes, PO31 8BE
- Sold Dec 2012£250,000 | 3 Bed House4 Melbourne Place, Queens Road, Cowes, PO31 8BE4 Melbourne Place, Queens Road, Cowes, PO31 8BE
- Sold Nov 2011£205,000 | 3 Bed House7 Melbourne Place, Queens Road, Cowes, PO31 8BE7 Melbourne Place, Queens Road, Cowes, PO31 8BE
- Sold Jan 2007£200,000 | 3 Bed House6 Melbourne Place, Queens Road, Cowes, PO31 8BE6 Melbourne Place, Queens Road, Cowes, PO31 8BE
Property Types
- 5 mid-century houses built between 1936 and 1979
- 3 other addresses of unknown type
- mid-century house (5)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Oct 2022£1,800,000 | 5 Bed House19, Queens Road, Cowes, PO31 8BQ19, Queens Road, Cowes, PO31 8BQ
- Sold Nov 2011£1,500,000 | 3 Bed FlatFlat 10, Vantage Point 4A, Queens Road, Cowes, PO31 8BYFlat 10, Vantage Point 4A, Queens Road, Cowes, PO31 8BY
- Sold Nov 2022£1,426,880 | 5 Bed House41, Queens Road, Cowes, PO31 8BW41, Queens Road, Cowes, PO31 8BW
Schools Nearby
- Gurnard Primary School1.2 km away
- Lanesend Primary School1.5 km away
- Holy Cross Catholic Primary School1.8 km away
- Cowes Enterprise College, An Ormiston Academy400 m away
- Medina College6.2 km away
- Carisbrooke College7.8 km away
More reading links
Public Transport Nearby
The closest station to Melbourne Place, Queens Road, Cowes, PO31 8BE is Ryde Pier Head station, which is 10.5 kilometres away.
- Ryde Pier Head|10.5 km away
- Ryde Esplanade|10.7 km away
- Ryde Hoverport|10.8 km away
- Ryde St Johns Road|11.3 km away
