Average Price for property in Medina Road, Cowes, PO31 is around £309,279 which varies based on type of property you are interested in and ranges from £219,942 for terraced house to around £314,432 for a flat. Values have been changing and have risen £3,258 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,601 in last 6 months, £21,234 in last 1 year, £34,768 in last 2 years, £35,649 in last 3 years, £34,016 in last 4 years and £37,090 in last 5 years.
Currently average asking price of a property in Medina Road, Cowes, PO31 is around £278,416 based on approximately 2 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £702 per month.
Estimated property value in Medina Road, Cowes, PO31 is £309,279. Average asking price is £278,416 while average price paid is £280,000 which is up by £21,234 and Avg. asking rent £702.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 Medina Road, Cowes, PO31 area. In last 1 year alone average price buyer paid is around £280,000 based on approximately 2 sales in Medina Road, Cowes, PO31 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £285,833. 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 £284,150 for 16 and average amount paid for purchase of approx. 28 properties sold in last 7 years comes to about £262,585 per sale.