Resort on the Isle of Wight on the estuary of the River Medina (5)

I believe the answer is:

cowes

(Other definitions for cowes that I've seen before include "where regatta happens" , "Venue for Isle of Wight regatta" , "Isle of Wight yachting centre" , "English town?" , "IOW regatta place" .)

I've seen this clue in The Mirror.

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