East Cowes

Area Guide For East Cowes

East Cowes is a town and civil to the north of the Isle of Wight, on the east bank of the River Medina by its neighbor on the west bank, Cowes.

The two area's are associated by the Cowes Floating Bridge, a chain ship worked by the Isle of Wight Council which runs constantly between the two towns.

East Cowes is the site of Norris Castle, and Osborne House, the previous summer habitation of Queen Victoria and Prince Albert. The Prince had a significant impact on the building design of the zone, for instance on the building of St Mildred's Church in Whippingham close East Cowes, which emphasizes unique turrets impersonating those found on a German mansion.

 
 

East Cowes Map

Estimated Price: £190,058
Average Asking Price: £197,772
Price change in last one year: £10,731
Average Price Paid: £168,073
Average Rent Rates: £675

 
 

Property Prices Breakdown in East Cowes

Average Price for property in East Cowes is around £190,058 which varies based on type of property you are interested in and ranges from £256,344 for detached house to around £179,296 for semi-detached. Similarly terraced house is around £159,421 and a flat is worth £164,171. Values have been changing and have risen £1,267 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,381 in last 6 months, £10,731 in last 1 year, £18,504 in last 2 years, £14,181 in last 3 years, £21,992 in last 4 years and £16,166 in last 5 years.

Currently average asking price of a property in East Cowes is around £197,772 based on approximately 129 properties for sale. Same is the case with rental options based on 30 properties up for rent, average asking rent is around £675 per month.

Estimated property value in East Cowes is £190,058. Average asking price is £197,772 while average price paid is £169,698 which is up by £10,731 and Avg. asking rent £675.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in East Cowes area. In last 1 year alone average price buyer paid is around £169,698 based on approximately 129 sales in East Cowes area alone. If you compare it to last 3 years sales of 439 properties where buyers paid around £167,260. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £168,073 for 667 and average amount paid for purchase of approx. 913 properties sold in last 7 years comes to about £167,798 per sale.

 
 

Properties For Sale in East Cowes

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £146,908, £205,360 for a 3 bedroom house, £244,639 for a 4 bedroom house and £412,500 for a 5 bedroom house. For a flat similarly the prices varies from £116,165 for a single bedroom to £151,216 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £225,000. To sum up the asking prices for properties in East Cowes it comes to around average £116,165 for 1 bedroom property, £149,277 for 2 bedroom, £206,588 for 3 bedroom, £244,639 for 4 bedroom and £412,500 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £601 for 2 bedroom to £754 for 3 bedroom and £868 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £438. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £612 and £750 for 3 bedroom. You should be generally be expecting around average £438 rent per month for single bedroom property, £609 for 2 bedroom, £753 for 3 bedroom and approximately £868 for 4 bedroom property in East Cowes area.

Popular Houses in East Cowes

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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