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According to the public record, 8, Mill Hill Road, Cowes is a modern leasehold house with 947 ft2 of internal area and sits on a 84.1 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Mill Hill Road, Cowes is £158,179 and the estimated rental value is £790 per month.
Mill Hill Road, Cowes, PO31 is located within the PO31 postal district.
8, Mill Hill Road, Cowes has a single entry in the Land Registry from November 2017 and a single entry in the EPC database dated April 2022.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 8, Mill Hill Road, Cowes is in very good condition we estimate a sale value of £166,088 and a rental value of £829 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £147,106 and a rental value of £735 per month.
Over the last 12 months the sale value of 8 Mill Hill Road Cowes has decreased by an estimated £1,539 (1.0%) and its rental value has increased by an estimated £31 per month (4.0%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 8, Mill Hill Road, Cowes sits on a plot of 84m2.
We have plot size data on 5 out of 11 other houses in the postcode and 8, Mill Hill Road, Cowes sits on the 6th largest plot.
8, Mill Hill Road, Cowes has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Apr 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Mill Hill Road, Cowes was last sold on 22nd November 2017 for £170,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2017, the market for similar properties has risen 63.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Mill Hill Road, Cowes within a radius of 480 metres over the last 2 years.
The most recent example is 1A, Mill Hill Road, Cowes, PO31 7EA, a freehold house which sold for £650,000 on the 17th April 2019.
Read more about house prices in PO31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Hill Road, Cowes, PO31 has a total of 279 addresses. According to our analysis of all the public data, 8, Mill Hill Road, Cowes is the 143rd largest and the 240th most expensive property on the street.
When compared to the postcode district it is £152k less expensive than the average property in PO31.
The closest station to 8, Mill Hill Road, Cowes is Ryde Pier Head station which is 9.8 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Mill Hill Road, Cowes, 37.8% of property is privately rented and 25.2% is socially rented.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 8, Mill Hill Road, Cowes, 18.0% of residents are recorded as possessing school level qualifications and 33.0% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 8, Mill Hill Road, Cowes, the average age was 43.2 and the most common age was 52.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 8, Mill Hill Road, Cowes, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 8, Mill Hill Road, Cowes, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.