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East Cowes House Prices

The average house price in East Cowes is £247,625 using HM Land Registry data.

The average property price increased by £77,057 (41.66%) over the last 5 years and increased by £15,401 (6.24%) over the last 12 months.

Over the last year, there were 99 residential property sales – a decrease of 63 transactions (-63.64%) relative to the previous year. The majority of house sales (24) were in the £190,000 - £230,000 range. Then came properties in the £230,000 - £270,000 range, where 20 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 88 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,855 (-4%).

In April 2024, there were 26 new estate agency instructions, 17 agreed home sales and 8 property price reductions.

5-Year Average Property Prices in East Cowes

41.66%

Property prices in East Cowes increased by 41.66% 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 East Cowes Over the Last Year

6.24%

Property prices in East Cowes increased by 6.24% 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.

Property Market Heat Gauge for East 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 East 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 East 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 East 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 East Cowes since 1995

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

Recent Property Sales in East Cowes

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
13 Broadsmith Avenue, East Cowes, Isle Of Wight, PO32 6QW	£215,000	£210,000	-£5,000	21 Sep 2023	04 Mar 2024	165 Days
62 Yarborough Road, East Cowes, Isle Of Wight, PO32 6SB	£280,000	£275,000	-£5,000	12 Sep 2023	09 Feb 2024	150 Days
28 South Bank Road, East Cowes, Isle Of Wight, PO32 6JD	£280,000	£270,000	-£10,000	13 Jul 2023	26 Jan 2024	197 Days
74 Old Road, East Cowes, Isle Of Wight, PO32 6AU	£369,950	£362,000	-£7,950	31 Aug 2023	20 Dec 2023	111 Days
36 Kings Road, East Cowes, Isle Of Wight, PO32 6SE	£170,000	£162,500	-£7,500	12 Jun 2023	15 Dec 2023	186 Days
7 Grange Road, East Cowes, Isle Of Wight, PO32 6EA	£210,000	£206,000	-£4,000	17 May 2023	08 Dec 2023	205 Days
3 College Way, East Cowes, Isle Of Wight, PO32 6HP	£200,000	£194,500	-£5,500	16 Aug 2023	30 Nov 2023	106 Days
19 Vereker Drive, East Cowes, Isle Of Wight, PO32 6QE	£285,000	£280,000	-£5,000	27 Jul 2023	27 Nov 2023	123 Days
31 York Avenue, East Cowes, Isle Of Wight, PO32 6RT	£330,000	£315,000	-£15,000	04 Sep 2023	20 Nov 2023	77 Days
34 Sylvan Avenue, East Cowes, Isle Of Wight, PO32 6PS	£325,000	£315,000	-£10,000	30 May 2023	10 Nov 2023	164 Days
13 Victoria Grove, East Cowes, Isle Of Wight, PO32 6DJ	£225,000	£220,000	-£5,000	23 Aug 2023	10 Nov 2023	79 Days
93 Sylvan Avenue, East Cowes, Isle Of Wight, PO32 6TH	£335,000	£325,000	-£10,000	26 Jun 2023	30 Oct 2023	126 Days
5 Moon Close, East Cowes, Isle Of Wight, PO32 6PB	£350,000	£350,000	£00	27 Jul 2023	26 Oct 2023	91 Days
88 Upper Yarborough Road, East Cowes, Isle Of Wight, PO32 6EE	£215,000	£212,500	-£2,500	22 Apr 2023	25 Oct 2023	186 Days
50 Old Road, East Cowes, Isle Of Wight, PO32 6AP	£340,000	£325,000	-£15,000	04 Mar 2023	24 Oct 2023	234 Days
Flat 2, The Octagon, Britannia Way, East Cowes, Isle Of Wight, PO32 6UB	£350,000	£345,000	-£5,000	02 Dec 2022	11 Oct 2023	313 Days
7 The Meadow, East Cowes, Isle Of Wight, PO32 6FD	£230,000	£225,000	-£5,000	09 Jun 2023	05 Oct 2023	118 Days
5 Oak Tree Way, East Cowes, Isle Of Wight, PO32 6PL	£250,000	£250,000	£00	08 Jun 2023	05 Oct 2023	119 Days
28 Kent Avenue, East Cowes, Isle Of Wight, PO32 6QN	£200,000	£196,000	-£4,000	29 May 2023	20 Sep 2023	114 Days
61 Grange Road, East Cowes, Isle Of Wight, PO32 6DY	£235,000	£232,000	-£3,000	23 Apr 2023	08 Sep 2023	138 Days

Most Expensive Streets in East Cowes

Postcode	Street	Area	Average	No. of Sales
PO32 6FQ	Grace Woodford Drive	East Cowes	£497,857	7
PO32 6TL	New Barn Road	East Cowes	£433,333	3
PO32 6AY	New Barn Road	East Cowes	£390,833	3
PO32 6AX	Old Road	East Cowes	£386,000	5
PO32 6AP	Old Road	East Cowes	£365,000	3
PO32 6AU	Old Road	East Cowes	£344,333	6
PO32 6AH	Cambridge Road	East Cowes	£344,207	7
PO32 6UB	The Octagon	Britannia Way	£332,666	3
PO32 6BD	York Avenue	East Cowes	£321,666	3
PO32 6QG	Hefford Road	East Cowes	£314,366	3

Least Expensive Streets in East Cowes

Postcode	Street	Area	Average	No. of Sales
PO32 6QR	Victoria Court	York Avenue	£114,650	3
PO32 6JL	Cockerell Rise	East Cowes	£121,521	19
PO32 6QT	Birch Close	East Cowes	£128,250	4
PO32 6SA	Alfred Street	East Cowes	£148,700	10
PO32 6HA	Clarence Road	East Cowes	£149,083	6
PO32 6FW	Waterside Close	East Cowes	£149,800	5
PO32 6GA	Albert Way	East Cowes	£149,964	14
PO32 6DH	Adelaide Grove	East Cowes	£155,000	3
PO32 6GR	Chinchen Close	East Cowes	£155,835	7
PO32 6BH	York Avenue	East Cowes	£157,766	4