17, Mercia Road
17, Mercia Road
Description & Estimates
According to the public record, 17, Mercia Road, Newark is an early-century house with 893 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 17, Mercia Road, Newark is £153,395 and the estimated rental value is £878 per month.
Mercia Road, Newark, NG24 is located in the borough of Newark and Sherwood within the NG24 postal district.
Our Data Sources
17, Mercia Road, Newark has no records in the the Land Registry and a single entry in the EPC database dated September 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 17, Mercia Road, Newark is in very good condition we estimate a sale value of £161,065 and a rental value of £922 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £142,658 and a rental value of £816 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 17, Mercia Road, Newark has dropped by £1,850 (1.2%), while its estimated rental value has risen by £20 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 6.9%.
Energy Efficiency
17, Mercia Road, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Sep 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Mercia Road, Newark within a radius of 550 metres over the last 2 years.
The most recent example is 10, Mercia Road, Newark, NG24 4NA, a freehold house which sold for £157,000 on the 25th March 2024.
Read more about house prices in NG24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Mercia Road, Newark, NG24 has a total of 56 addresses. According to our analysis of all the public data, 17, Mercia Road, Newark is the 41st largest and the 35th most expensive property on the street.
When compared to the postcode district it is £58k less expensive than the average property in NG24.
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Schools Nearby
- 400mThe Sir Donald Bailey Academy
- 900mThe King's Church of England Primary Academy
- 1.2kmHoly Trinity Catholic Voluntary Academy
- 1.3kmMagnus Church of England Academy
- 1.9kmThe Newark Academy
- 3.2kmThe Suthers School
More reading links
Public Transport Nearby
The closest station to 17, Mercia Road, Newark is Newark Castle station, which is 2.3 kilometres away.
- 2.3kmNewark Castle
- 2.7kmNewark Northgate
- 5.7kmRolleston
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
