41 Mercia Road

    41, MERCIA ROAD, NEWARK, NG24 4NA

    This terraced freehold property on Mercia Road last sold in October 2020 for £126,000. Based on price growth in the NG24 district since then, its estimated current value is £142,586 — placing it in the 11th percentile nationally and the 18th percentile within NG24. The property covers 83 m² (893 sq ft), giving an estimated value of £1,718 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    893 sq ft

    83 m²

    Last Sale Price

    £126,000

    Oct 2020

    Estimated Valuation

    £142,586

    Est. £/sq ft

    £160/sq ft

    £1,718/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area893 sq ft (83 m²)
    EPC dateAug 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Oct 2020

    £126,000

    Key Metrics

    Estimated valuation£142,586
    Value per sq ft / m²£160/sq ft (£1,718/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG24 district percentile18th percentile
    National percentile11th 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