1/11
Retirement
£80,000
Flat · 1 bed · 503 sq ft
Old Westminster Lane, Newport, PO30
1/8
1/8
1 bed property for sale Old Westminster Lane, Newport, PO30
Asking price
£75,000
Reduced on 05/10/2026
Reduced on 05/10/2026
Retirement home
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- £142 per sq ft
- Tenure
- Ask agent
Council tax Band B £2,042 a year
Key features
- Chain free
- One Bedroom
- Lift
- Over 60 years
- Residents lounge
- Short walk to the town
- Communal Gardens
- Residents Car Park
About this property
Situated in the popular McCarthy & Stone development comprising forty-seven apartments for the over-60s, Flat 39 is a well-maintained one-bedroom apartment.
The accommodation includes a welcoming entrance hall with a useful storage cupboard, a bright and spacious living room, a fitted kitchen, a large double bedroom, and a well equiped bathroom.
Floorplan
Council tax
Band B £2,042 a year
Per year
- Band A£1,751
- Band BThis home: £2,042
- Band C£2,334
- Band D£2,626
- Band E£3,209
- Band F£3,793
- Band G£4,376
- Band H£5,252
This home is in band B, which costs £2,042 a year in Isle of Wight for 2026/27.
Figures from MHCLG (Open Government Licence v3): the average bill for each band across Isle of Wight, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.
Price guide
This home
£142 / sq ft
Area average (sold)
£265 / sq ft
Price per area, sold homes nearby
£177 / sq ft
£142 / sq ft
£352 / sq ft
Lowest
This home
Highest
£142 per sq ft, below almost all recent sales in PO30 (£177–£352, 10th–90th percentile, 765 sales over 24 months).
Lowest and highest are the 10th and 90th percentiles of 765 homes sold in PO30 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in PO30 →
Location
Old Westminster Lane, Newport, PO30
Mortgage and stamp duty
Property price £75,000
£38k £113k
Deposit11% £8,000
£0 £75k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £67,000 mortgage. Most lenders would want a household income of about £15,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Properties sold nearby
HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 9, Medina Court, Old Westminster Lane Flat / maisonette | Flat / maisonette | Aug 2026 | 592 sq ft £199/sq ft | 592 sq ft | £199 | £118,000 |
| 45, Medina Court, Old Westminster Lane Flat / maisonette | Flat / maisonette | Feb 2026 | 560 sq ft £184/sq ft | 560 sq ft | £184 | £103,000 |
| 43, Medina Court, Old Westminster Lane Flat / maisonette | Flat / maisonette | Nov 2025 | 409 sq ft £281/sq ft | 409 sq ft | £281 | £115,000 |
| 47, Medina Court, Old Westminster Lane Flat / maisonette | Flat / maisonette | Aug 2025 | 560 sq ft £161/sq ft | 560 sq ft | £161 | £90,000 |
| 5, Medina Court, Old Westminster Lane Flat / maisonette | Flat / maisonette | Mar 2025 | 549 sq ft £219/sq ft | 549 sq ft | £219 | £120,000 |
| 2, Medina Court, Old Westminster Lane Flat / maisonette | Flat / maisonette | Oct 2024 | 936 sq ft £176/sq ft | 936 sq ft | £176 | £165,000 |
| 8, Medina Court, Old Westminster Lane Flat / maisonette | Flat / maisonette | Aug 2024 | 560 sq ft £214/sq ft | 560 sq ft | £214 | £120,000 |
| 15, Medina Court, Old Westminster Lane Flat / maisonette | Flat / maisonette | Aug 2024 | 915 sq ft £186/sq ft | 915 sq ft | £186 | £170,000 |
All sales on Old Westminster Lane → All sold prices in Newport →
Area insights
The neighbourhood around this property.
