3 Mercia Road

    3, MERCIA ROAD, NEWARK, NG24 4NA

    This semi-detached freehold property on Mercia Road last sold in September 2021 for £115,000. Based on price growth in the NG24 district since then, its estimated current value is £126,037 — placing it in the 8th percentile nationally and the 11th percentile within NG24. The property covers 86 m² (926 sq ft), giving an estimated value of £1,466 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    926 sq ft

    86 m²

    Last Sale Price

    £115,000

    Sept 2021

    Estimated Valuation

    £126,037

    Est. £/sq ft

    £136/sq ft

    £1,466/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area926 sq ft (86 m²)
    EPC dateJul 2021
    WallsSystem built, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Sept 2021

    £115,000

    Key Metrics

    Estimated valuation£126,037
    Value per sq ft / m²£136/sq ft (£1,466/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG24 district percentile11th percentile
    National percentile8th 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

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