Elliott Lincoln says ..
Classed as an ‘Affordable Housing Unit’ this property is marketed at 80% of the current market value. To qualify for this purchase, you must fit the specified criteria. For further information please don’t hesitate to contact us.
Property Oracle says ..
This property is a 2 bedroom, 2 bathroom house located in Cowes, Isle of Wight. The property is listed at £400,000 and has a plot size of 925.70 sqft.
The property appears to be in excellent condition. The photos show a recently renovated interior with modern fixtures and fittings. The kitchen and bathrooms are particularly well-presented. There is also a well-maintained garden.
The location is good, with several primary schools within a kilometer radius, all rated ‘Good’ by Ofsted. While no nearby transportation information was provided, Cowes is a coastal town with local amenities.
Considering the average price of properties in the area is £312,000 and the average price per sqft is £252, the list price of £400,000 for this 925.70 sqft property seems slightly high. However, the property’s excellent condition and the inclusion of a garden could justify a premium compared to the average. More information on comparable properties in the immediate vicinity would provide a clearer picture of whether the asking price is reasonable.
Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 9
- Location
- 7
- Land
- 7
- Bedrooms
- 2
- Bathrooms
- 2
- Sqft (est)
- 925.70
- Lot (est)
- 925.70
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 431,250.00 £Increased by 5.19 %
- Est sale value
- 400,828.10 £Increased by 65.90 %
- Average area rental value
- 1,300.00 £/moDecreased by 23.48 %
- Est letting value
- 925.70 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.62 %Decreased by 27.16 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Elliott Lincoln created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Lanesend Primary School | Academy Converter | Good | 0.96 KM |
| Cowes Children'S Centre | Children's Centre Linked Site | 1.09 KM | |
| Gurnard Primary School | Community School | Good | 1.10 KM |
| Cowes Primary School | Community School | Good | 1.31 KM |
| Cowes Enterprise College, An Ormiston Academy | Academy Sponsor Led | Good | 1.48 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Cordelia Gardens | £ 694,267 | 0 | 0.00 KM |
| Park Road | £ 550,000 | 0 | 0.00 KM |
| Reynolds Close | £ 0 | 0 | 0.00 KM |
| Firs Close | £ 0 | 0 | 0.00 KM |
| Cranleigh Gardens | £ 370,000 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Deauville Avenue, Cowes. | £ 475,000 | BUY | 7 / 10 | 0.00 KM |
| Place Road, Cowes | £ 475,000 | BUY | 8 / 10 | 0.12 KM |
| Place Road, Cowes | £ 385,000 | BUY | 7 / 10 | 0.14 KM |
| Plot 46, Meadow View Park, Cowes. PO31 7GB | £ 1,250,000 | BUY | 7 / 10 | 0.22 KM |
| Meadow View Park, Cowes, PO31 7GB | £ 950,000 | BUY | 5 / 10 | 0.22 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 42 Place Road | £ 300,000 | 0.11 KM |
| 52 Place Road | £ 258,000 | 0.11 KM |
| 44a Place Road | £ 268,000 | 0.11 KM |
| 54 Place Road | £ 75,000 | 0.11 KM |
| 8 Place Road | £ 268,000 | 0.19 KM |