5 Mercia Road

    5, MERCIA ROAD, NEWARK, NG24 4NA

    This semi-detached freehold property on Mercia Road last sold in March 2020 for £115,000. Based on price growth in the NG24 district since then, its estimated current value is £138,893 — placing it in the 10th percentile nationally and the 16th percentile within NG24. The property covers 87 m² (936 sq ft), giving an estimated value of £1,596 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    936 sq ft

    87 m²

    Last Sale Price

    £115,000

    Mar 2020

    Estimated Valuation

    £138,893

    Est. £/sq ft

    £148/sq ft

    £1,596/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area936 sq ft (87 m²)
    EPC dateNov 2019
    WallsSystem built, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Mar 2020

    £115,000

    20 Dec 2002

    £68,000

    Key Metrics

    Estimated valuation£138,893
    Value per sq ft / m²£148/sq ft (£1,596/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG24 district percentile16th percentile
    National percentile10th 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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