FREEPHONE 0800 044 3733 Lines Open 24/7
FREE Cash Offer CALL US on FREEPHONE0800 044 3733
You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in Cowes

Cowes House Prices Cowes House Prices

The average house price in Cowes is £313,550 using HM Land Registry data.

The average property price increased by £112,705 (43.55%) over the last 5 years and increased by £22,526 (6.45%) over the last 12 months.

Over the last year, there were 212 residential property sales – a decrease of 75 transactions (-35.38%) relative to the previous year. The majority of house sales (61) were in the £246,000 - £322,000 range. Then came properties in the £170,000 - £246,000 range, where 55 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 125 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,883 (-2%).

In April 2024, there were 56 new estate agency instructions, 26 agreed home sales and 23 property price reductions.

Neighbouring Areas: East Cowes

Postcodes Covered: PO31

5-Year Average Property Prices in Cowes

43.55%

Property prices in Cowes increased by 43.55% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Cowes Over the Last Year

6.45%

Property prices in Cowes increased by 6.45% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Cowes - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Cowes

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Cowes

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Cowes

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Cowes since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Cowes area since 1995.

Recent Property Sales in Cowes

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
106 Newport Road, Cowes, Isle Of Wight, PO31 7PS£220,000£220,000£0016 Nov 202318 Mar 2024123 Days
23 Albert Road, Gurnard, Cowes, Isle Of Wight, PO31 8JU£450,000£420,000-£30,00023 Aug 202308 Mar 2024198 Days
Flat 11, Briary Court, Egypt Esplanade, Cowes, Isle Of Wight, PO31 8BT£180,000£172,500-£7,50020 Mar 202327 Feb 2024344 Days
12 Harry Cheek Gardens, Cowes, Isle Of Wight, PO31 8QH£269,950£255,000-£14,95001 Sep 202323 Feb 2024175 Days
21 Wyatts Lane, Northwood, Cowes, Isle Of Wight, PO31 8QB£359,950£340,000-£19,95023 Aug 202322 Feb 2024183 Days
Flat 4, Briary Court, Egypt Esplanade, Cowes, Isle Of Wight, PO31 8BT£195,000£177,000-£18,00024 Jul 202321 Feb 2024212 Days
2 Jordan Close, Cowes, Isle Of Wight, PO31 8ED£595,000£575,000-£20,00004 Nov 202319 Feb 2024107 Days
45 Venner Avenue, Northwood, Cowes, Isle Of Wight, PO31 8AF£175,000£170,000-£5,00008 Nov 202319 Feb 2024103 Days
9 Newport Road, Cowes, Isle Of Wight, PO31 7PA£525,000£450,000-£75,00002 Nov 202209 Feb 2024464 Days
2 Coronation Road, Cowes, Isle Of Wight, PO31 7JY£250,000£245,000-£5,00010 Oct 202309 Feb 2024122 Days
121 Newport Road, Cowes, Isle Of Wight, PO31 7PT£275,000£275,000£0028 Jun 202302 Feb 2024219 Days
64 York Street, Cowes, Isle Of Wight, PO31 7BS£250,000£250,000£0005 Jul 202316 Jan 2024195 Days
Flat 10, Raleigh House, Medina Gardens, Cowes, Isle Of Wight, PO31 7AZ£270,000£270,000£0008 Sep 202311 Jan 2024125 Days
3 Orchard Place, Cowes, Isle Of Wight, PO31 7DY£220,000£220,000£0026 Sep 202309 Jan 2024105 Days
Vine Cottage, 12, Market Hill, Cowes, Isle Of Wight, PO31 7TR£550,000£505,000-£45,00026 Jul 202319 Dec 2023146 Days
Flat 53, Briary Court, Egypt Esplanade, Cowes, Isle Of Wight, PO31 8BT£160,000£155,000-£5,00031 Mar 202314 Dec 2023258 Days
2 Greenways, Cowes, Isle Of Wight, PO31 8AN£325,000£315,000-£10,00017 Jul 202306 Dec 2023142 Days
178 Park Road, Cowes, Isle Of Wight, PO31 7NE£375,000£365,000-£10,00004 Jul 202330 Nov 2023149 Days
34 Albert Road, Gurnard, Cowes, Isle Of Wight, PO31 8JU£400,000£385,000-£15,00031 Mar 202330 Nov 2023244 Days
59 Newport Road, Cowes, Isle Of Wight, PO31 7PW£325,000£310,000-£15,00024 Jun 202330 Nov 2023159 Days

Most Expensive Streets in Cowes

PostcodeStreetAreaAverageNo. of Sales
PO31 8BQQueens RoadCowes£1,218,3336
PO31 8BPEgypt HillCowes£1,071,6663
PO31 8JZSolent View RoadGurnard£849,6258
PO31 8JXWorsley RoadGurnard£812,0003
PO31 8LEPrinces EsplanadeCowes£714,5006
PO31 8DWBaring RoadCowes£703,9287
PO31 8JWWorsley RoadCowes£684,0005
PO31 8BZSolent ShoresCowes£675,0003
PO31 8BBQueens RoadCowes£644,0005
PO31 8DSBaring RoadCowes£634,2857

Least Expensive Streets in Cowes

PostcodeStreetAreaAverageNo. of Sales
PO31 8RLGurnard PinesCowes£91,9905
PO31 7FYThe SidingsCowes£124,0003
PO31 7DGNewport RoadCowes£136,7504
PO31 7SYDenmark RoadCowes£146,0003
PO31 8BTBriary CourtEgypt Esplanade£149,43933
PO31 7XBBrunswick CourtMedina Road£161,6663
PO31 7QETrent MewsCowes£165,9905
PO31 8AFVenner AvenueCowes£167,6254
PO31 8AQWroxall CloseCowes£168,9613
PO31 7EAMill Hill RoadCowes£170,5005

Explore Cowes and Neighbouring Area House Prices

Sell Your
House Fast
Property Auctions Isle of Wight
Property Auctions Isle of Wight
We Buy
Any House
House
Valuation
Tools

Selling?
Get Your FREE
House Valuation Report

Office for National Statistics & Land Registry

We Are Regulated:

Property Ombudsman
Gov.UK Money Laundering Regulations
Trading Standards Approved
National Association of Property Buyers (NAPB)
ICO Registered
NAEA PropertyMark