Castle Lane, Newport, Isle of Wight
PI

Castle Lane, Newport, Isle of Wight

By Pittis

£ 550,000

Reviews

3 out of 5 stars

Pittis says ..

Chain Free! This stunning detached house set in a quiet location on the outskirts of Carisbrooke, has many period features and is in need of some modernisation throughout. Sitting on a large plot that backs onto allotments and a generous rear garden, it has wonderful views of Carisbrooke village....

Property Oracle says ..

This property is a 3 bedroom detached house located in Castle Lane, Newport, Isle of Wight. The property benefits from a good size garden, and is located close to several schools including St Thomas Of Canterbury Catholic Primary School (0.30 KM) and Carisbrooke Church Of England Controlled Primary School (0.61 KM), both of which are rated as good by Ofsted. While the property shows its age and would benefit from some modernisation, it is structurally sound and well-maintained. The asking price of £550,000 is higher than the average price for the area (£312,000), however, similar properties in the area have sold for significantly more. For example, a detached property on Castle Hill sold for £475,000. Given the location, land size, and condition of the property, the asking price may be slightly on the higher side but still within the realm of reason.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
6
Location
8
Land
7
Bedrooms
3
Bathrooms
1
Sqft (est)
542.00

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
234,686.00 £
Increased by 65.90 %
from 141,462.00 £
Average area rental value
1,300.00 £/mo
Decreased by 23.48 %
from 1,699.00 £/mo
Est letting value
542.00 £/mo
Unchanged by 0.00 %
from 542.00 £/mo
Est rental Yield
3.62 %
Decreased by 27.16 %
from 4.97 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Pittis created the listing.

Nearby Schools

NameTypeOfstedDistance
St Thomas Of Canterbury Catholic Primary SchoolVoluntary Aided SchoolGood0.30 KM
Christ The King CollegeVoluntary Aided SchoolRequires improvement0.56 KM
West Newport Children'S CentreChildren's Centre0.58 KM
Carisbrooke Church Of England Controlled Primary SchoolVoluntary Controlled SchoolGood0.61 KM
Carisbrooke CollegeFoundation SchoolRequires improvement0.85 KM

Images

External Views To Rear Lounge Kitchen/ Breakfast Room Rear Garden Bedroom 3 Bedroom 1 Bedroom 2 Hallway Dining Room Bathroom Rear Garden External Feature External Street View External Rear Garden

Nearby Streets

NameAverage PriceAverage SqftDistance
Spring Lane £ 000.00 KM
Stonechat Close £ 000.00 KM
Millfield Road £ 000.00 KM
Taylor Road £ 000.00 KM
Linden Road £ 118,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Castle Lane, Newport, Isle of Wight £ 550,000BUY6 / 100.00 KM
Carisbrooke, Isle of Wight £ 499,950BUY6 / 100.01 KM
Millers Lane, Newport, Isle of Wight £ 395,000BUY6 / 100.09 KM
Carisbrooke, Isle of Wight £ 575,000BUY8 / 100.15 KM
Castle Street, Newport, Isle Of Wight, PO30 £ 269,950BUY6 / 100.15 KM

Nearby Properties

AddressPriceDistance
14 Castle Lane £ 360,0000.01 KM
6 Castle Lane £ 205,0000.01 KM
5 Castle Street £ 360,0000.15 KM
31 Castle Street £ 325,0000.16 KM
39 Castle Street £ 173,0000.16 KM