Area Guide For Cowes

Cowes is an English seaport town and civil parish on the Isle of Wight. Cowes is located on the west bank of the estuary of the River Medina, facing the smaller town of East Cowes on the east bank. The two towns are linked by the Cowes Floating Bridge; a chain ferry.The population was 9,663 in the 2001, a figure that doubles during the regatta in early August.
The name Westcowe was verified in 1413 as the name of one of two sandbanks, on each one side of the River Medina estuary, supposed after a gathered resemblance to cows.


Cowes Map

Estimated Price: £246,390
Average Asking Price: £278,416
Price change in last one year: £12,097
Average Price Paid: £219,830
Average Rent Rates: £702


Property Prices Breakdown in Cowes

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.


Properties For Sale in 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 1 bedroom is around £125,000, £140,865 for a 2 bedroom house, £258,653 for a 3 bedroom house, £345,084 for a 4 bedroom house and £667,727 for a 5 bedroom house. For a flat similarly the prices varies from £106,000 for a single bedroom to £248,918 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £541,667. To sum up the asking prices for properties in Cowes it comes to around average £108,375 for 1 bedroom property, £183,636 for 2 bedroom, £272,130 for 3 bedroom, £345,084 for 4 bedroom and £667,727 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 £606 for 2 bedroom to £748 for 3 bedroom and £1,555 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £517. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £618. You should be generally be expecting around average £517 rent per month for single bedroom property, £612 for 2 bedroom, £748 for 3 bedroom and approximately £1,554 for 4 bedroom property in Cowes area.

Popular Houses in 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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