Marvins says ..
A home with potential! A great opportunity to purchase an imposing Detached House situated in a sought after location on the southern outskirts of Newport. Enjoying countryside views the property now requires updating and so provides the opportunity for someone to stamp their own mark on their ...
Property Oracle says ..
This property is located in a sought-after location on the southern outskirts of Newport, Isle of Wight, enjoying countryside views. However, the property is in need of significant modernisation and updating, as evidenced in the photographs. The plot size is small, and while there is a garden, it appears overgrown and in need of attention. The list price of £349,500 is higher than the average price of £312,000 for the area, and significantly higher considering the property’s condition and small plot size. The average price per square foot in the area is £252, but the provided square footage for this property is unusually low (120.02 sqft), making a direct comparison difficult. Given the need for extensive renovations, the high list price compared to average area prices, and the small plot size, the property may not represent good value for money unless the buyer is willing to undertake a substantial renovation project.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 4
- Condition
- 4
- Location
- 7
- Land
- 3
- Bedrooms
- 3
- Bathrooms
- 0
- Sqft (est)
- 120.02
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 %
- Est sale value
- 51,968.66 £Increased by 65.90 %
- Average area rental value
- 1,300.00 £/moDecreased by 23.48 %
- Est letting value
- 120.02 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.62 %Decreased by 27.16 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Marvins created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Summerfields Primary School | Community School | Good | 1.26 KM |
| Medina House School | Community Special School | Good | 1.51 KM |
| Barton Primary School | Community School | Good | 1.57 KM |
| East Newport Children'S Centre | Children's Centre Linked Site | 1.64 KM | |
| Medina College | Foundation School | Requires improvement | 1.96 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Hollyhock Crescent | £ 0 | 0 | 0.00 KM |
| Buttecrcup Glade | £ 203,500 | 0 | 0.00 KM |
| Squirrel Crescent | £ 319,500 | 0 | 0.00 KM |
| Larkspur Close | £ 240,000 | 0 | 0.00 KM |
| Mallard Way | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Buckbury Lane, Newport | £ 349,500 | BUY | 4 / 10 | 0.00 KM |
| Buckbury Lane, Newport, PO30 | £ 375,000 | BUY | 7 / 10 | 0.05 KM |
| Buckbury Lane, Newport, Isle of Wight, PO30 2NJ | £ 895,000 | BUY | 6 / 10 | 0.05 KM |
| Buckbury Lane, Newport, Isle of Wight | £ 325,000 | BUY | Unknown | 0.07 KM |
| Newport, Isle of Wight | £ 310,000 | BUY | 8 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| Woodlands | £ 200,000 | 0.06 KM |
| Evelyn | £ 275,000 | 0.06 KM |
| Tree Tops | £ 205,000 | 0.06 KM |
| Shangri-la | £ 220,000 | 0.06 KM |
| Heathway | £ 234,500 | 0.06 KM |