Old Westminster Lane, Newport, Isle of Wight
HO

Old Westminster Lane, Newport, Isle of Wight

By Hose Rhodes Dickson

£ 100,000

Reviews

2 out of 5 stars

Hose Rhodes Dickson says ..

This one-bedroom flat is situated in this popular McCarthy & Stone development of forty-seven apartments for the over 60's. This property boasts a spacious reception room, kitchen, double bedroom, and a bathroom. Heating is supplied by electric heaters and the apartment benefits from double g...

Property Oracle says ..

The property is a 1-bedroom apartment located in Newport, Isle of Wight, with a list price of £100,000. The apartment is part of a larger development, as shown in the provided images. The apartment appears to be in reasonable condition. While the images show a somewhat dated interior, there is no obvious evidence of significant damage or disrepair requiring immediate attention. The kitchen and bathroom appear functional, though the style is older. The carpeting is consistent throughout the property. The property benefits from communal outside space, including a well-maintained lawn and seating areas. While there is no private garden, the communal areas offer opportunities for outdoor relaxation. The location is relatively central in Newport, with several primary schools within a short distance (less than 1 KM). The proximity to schools is a positive aspect, particularly for families or those who value access to education. Considering the average property price in the area is significantly higher (£312,000), and the average price per square foot is £252, the listed price of £100,000 for this 1-bedroom apartment appears low. However, without knowing the square footage of the property, a definitive assessment of value cannot be made. The lack of square footage data makes a comprehensive price analysis difficult. Several comparable properties on the same street are listed at higher prices, suggesting the listed price might be undervalued. However, further information is needed on the size and specific features of the property to provide a more conclusive price analysis.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
4
Condition
7
Location
7
Land
3
Bedrooms
1
Bathrooms
0
Sqft (est)
683.00
Lot (est)
683.00

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
295,739.00 £
Increased by 65.90 %
from 178,263.00 £
Average area rental value
1,300.00 £/mo
Decreased by 23.48 %
from 1,699.00 £/mo
Est letting value
683.00 £/mo
Unchanged by 0.00 %
from 683.00 £/mo
Est rental Yield
3.62 %
Decreased by 27.16 %
from 4.97 %
Crime Rate
20.00 %
Unchanged by 0.00 %
from 20.00 %

Agent Activity

  • Hose Rhodes Dickson marked this listing as sold.

  • Hose Rhodes Dickson created the listing.

Nearby Schools

NameTypeOfstedDistance
Newport Church Of England Aided Primary SchoolVoluntary Aided SchoolGood0.54 KM
Nine Acres Primary SchoolCommunity SchoolGood0.58 KM
The Isle Of Wight CollegeFurther EducationGood0.73 KM
Hunnyhill Primary SchoolCommunity SchoolGood1.01 KM
Island Learning CentrePupil Referral UnitGood1.02 KM

Images

Picture No. 07 Picture No. 04 Picture No. 03 Picture No. 01 Picture No. 06 Picture No. 02 Picture No. 05 Picture No. 08 Picture No. 09 Picture No. 10 Picture No. 11 Picture No. 12 Picture No. 13

Nearby Streets

NameAverage PriceAverage SqftDistance
Mill Street £ 142,50000.00 KM
Foxes Road £ 151,66700.00 KM
Sylvan Drive £ 000.00 KM
Blackthorn Close £ 000.00 KM
West View £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Old Westminster Lane, Newport, Isle of Wight £ 127,500BUY6 / 100.00 KM
Old Westminster Lane, Newport, Isle of Wight £ 165,000BUY5 / 100.00 KM
Old Westminster Lane, Newport, Isle of Wight £ 100,000BUY6 / 100.00 KM
Old Westminster Lane, Newport, Isle of Wight £ 100,000BUY5 / 100.00 KM
Old Westminster Lane, Newport, Isle of Wight £ 110,000BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
18 Mill Street £ 131,0000.07 KM
10 Hearn Street £ 161,0000.08 KM
35 Hearn Street £ 109,0000.08 KM
11 Hearn Street £ 175,0000.08 KM
18 Hearn Street £ 137,5000.08 KM