Average Price for property in Cowes is around £246,390 which varies based on type of property you are interested in and ranges from £337,687 for detached house to around £223,331 for semi-detached. Similarly terraced house is around £191,553 and a flat is worth £225,206. Values have been changing and have risen £2,814 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,780 in last 6 months, £12,097 in last 1 year, £20,702 in last 2 years, £23,373 in last 3 years, £24,587 in last 4 years and £32,037 in last 5 years.
Currently average asking price of a property in Cowes is around £278,416 based on approximately 319 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 Cowes is £246,390. Average asking price is £278,416 while average price paid is £239,259 which is up by £12,097 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 Cowes area. In last 1 year alone average price buyer paid is around £239,259 based on approximately 319 sales in Cowes area alone. If you compare it to last 3 years sales of 835 properties where buyers paid around £223,863. 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 £219,830 for 1,393 and average amount paid for purchase of approx. 1,960 properties sold in last 7 years comes to about £217,628 per sale.