24, Arctic Road
24, Arctic Road
Description & Estimates
24, Arctic Road, Cowes is recorded publicly as a mid-century leasehold apartment across 820 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 24, Arctic Road, Cowes is £142,526 and its rental estimate is £801 per month, given the available information and assuming reasonable condition.
Arctic Road, Cowes, PO31 falls within the PO31 postal district.
Our Data Sources
24, Arctic Road, Cowes has 21 entries in the Land Registry , most recently in July 2009 and a single entry in the EPC database dated April 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 24, Arctic Road, Cowes, we estimate a market value of £149,652 and a rental value of £841 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £132,549 and £745 per month respectively.
Recent Market Change
Over the last year, 24, Arctic Road, Cowes has seen its estimated sale value drop by £3,257 (2.3%) and its estimated rental value rise by £23 per month (2.9%). This results in an estimated gross rental yield of 6.7%.
Energy Efficiency
24, Arctic Road, Cowes has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Apr 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 24, Arctic Road, Cowes completed on 28th July 2009 at £112,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 32.2% over the period since July 2009.
- Sold Jul 2009£112,000
- Sold Feb 1996£22,750
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 24, Arctic Road, Cowes have sold within a radius of 500 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th October 2021, was 22, Arctic Road, Cowes, PO31 7PE, a leasehold flat which sold for £160,000.
Read more about house prices in PO31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 202 addresses on Arctic Road, Cowes, PO31, 24, Arctic Road, Cowes comes out as the 100th largest and the 174th most expensive in our analysis of the public data.
It is also £167k less expensive than the average property across the PO31 district.
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Schools Nearby
- 800mLanesend Primary School
- 1.3kmHoly Cross Catholic Primary School
- 1.6kmGurnard Primary School
- 1.0kmCowes Enterprise College, An Ormiston Academy
- 5.1kmMedina College
- 6.8kmCarisbrooke College
More reading links
Public Transport Nearby
From 24, Arctic Road, Cowes, the nearest station is Ryde Pier Head, 9.8 kilometres away.
- 9.8kmRyde Pier Head
- 9.9kmRyde Esplanade
- 10.1kmRyde Hoverport
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
