2 Mercia Road

    2, MERCIA ROAD, NEWARK, NG24 4NA

    This semi-detached freehold property on Mercia Road last sold in May 2020 for £125,000. Based on price growth in the NG24 district since then, its estimated current value is £150,970 — placing it in the 13th percentile nationally and the 22nd percentile within NG24. The property covers 82 m² (883 sq ft), giving an estimated value of £1,841 per m². The EPC rating is E, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    883 sq ft

    82 m²

    Last Sale Price

    £125,000

    May 2020

    Estimated Valuation

    £150,970

    Est. £/sq ft

    £171/sq ft

    £1,841/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area883 sq ft (82 m²)
    EPC dateSept 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 May 2020

    £125,000

    20 Oct 2006

    £107,000

    16 Jan 2004

    £89,950

    6 Jan 1999

    £42,000

    Key Metrics

    Estimated valuation£150,970
    Value per sq ft / m²£171/sq ft (£1,841/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG24 district percentile22nd percentile
    National percentile13th percentile

    District Context — NG24

    NG24 covers the Newark and Sherwood area in Nottinghamshire, positioned in the East Midlands between Nottingham and Lincoln. It is a mixed residential and market-town district with a blend of suburban and rural character.

    Average Property Price - NG24

    £240,332

    25

    National percentile

    Average Net Household Income - NG24

    £36,370

    40

    National percentile

    10-Year Annualised Price Growth - NG24

    4.2%

    73

    National percentile

    10-Year Annualised Rent Growth - NG

    4.7%

    87

    National percentile

    View full analysis for NG24

    More properties in NG24

    Streets in NG24

    Explore nearby