Watergate Road, Newport, Isle of Wight
SP

Watergate Road, Newport, Isle of Wight

By Spence Willard

£ 1,595,000

Reviews

3 out of 5 stars

Spence Willard says ..

This handsome former vicarage has been fully refurbished to an impeccable standard and provides a unique opportunity to acquire a truly exceptional home set in delightful grounds in a picturesque rural, yet accessible location

Property Oracle says ..

The property is a 5 bedroom, 4 bathroom detached house located on Watergate Road, in Newport, Isle of Wight. The property is listed at £1,595,000 and has 3,616.67 sqft of living space and a plot size of 4,682.30 sqft.

The property appears to be in excellent condition. The interior is well-maintained and recently renovated with a modern kitchen and bathrooms. The exterior is also in good condition, with well-kept gardens and landscaping. The property benefits from a large garden and is located close to several good schools, including St George’s School (0.64 km), Nine Acres Primary School (1.18 km), and several others within a 2km radius. The area has an average house price of £312,000 and an average price per sqft of £252. However, nearby comparable properties on Watergate Road have sold for between £306,000 and £440,000. Given the size, condition, location, and amenities of the property, the list price of £1,595,000 appears high compared to other nearby properties, but justifiable given its superior size, condition and location. The property is a period property with modern updates.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
9
Location
8
Land
8
Bedrooms
5
Bathrooms
4
Sqft (est)
3,616.67
Lot (est)
4,682.30

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
431,250.00 £
Increased by 5.19 %
from 409,967.00 £
Est sale value
1,566,018.11 £
Increased by 65.90 %
from 943,950.87 £
Average area rental value
1,300.00 £/mo
Decreased by 23.48 %
from 1,699.00 £/mo
Est letting value
3,616.67 £/mo
Unchanged by 0.00 %
from 3,616.67 £/mo
Est rental Yield
3.62 %
Decreased by 27.16 %
from 4.97 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Spence Willard created the listing.

Nearby Schools

NameTypeOfstedDistance
St George'S SchoolCommunity Special SchoolGood0.64 KM
Nine Acres Primary SchoolCommunity SchoolGood1.18 KM
East Newport Children'S CentreChildren's Centre Linked Site1.80 KM
Carisbrooke Church Of England Controlled Primary SchoolVoluntary Controlled SchoolGood1.84 KM
Newport Church Of England Aided Primary SchoolVoluntary Aided SchoolGood1.89 KM

Images

The Old Vicarage Dining Room Kitchen Kitchen Sitting Room Drawing Room Drawing Room Entrance Hall Utility Room Orangery Dressing Area En-Suite Bedroom 3 Attic Bedroom 5 Boot Room Bedroom 4 Principal Bedroom Suite Dressing Area Bedroom 2 Landing Family Bathroom Office Shower Room En-Suite Former Stable

Nearby Streets

NameAverage PriceAverage SqftDistance
Dairy lane £ 427,50000.00 KM
Queens Road £ 395,00000.00 KM
Wykeham Road £ 440,00000.00 KM
Linden Road £ 118,00000.00 KM
Saint Johns Road £ 287,83300.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Watergate Road, Newport, Isle of Wight £ 1,595,000BUY8 / 100.00 KM
Watergate Road, Newport, Isle of Wight £ 995,000BUYUnknown0.36 KM
Watergate Road, Newport £ 450,000BUY7 / 100.36 KM
Nunnery Lane, Newport £ 150,000BUY6 / 100.43 KM
Marvel Lane, Newport, Isle of Wight, PO30 £ 650,000BUY7 / 100.51 KM

Nearby Properties

AddressPriceDistance
54 Watergate Road £ 365,0000.38 KM
61 Watergate Road £ 365,0000.38 KM
51 Watergate Road £ 306,0000.38 KM
72 Watergate Road £ 440,0000.38 KM
68 Watergate Road £ 340,0000.38 KM