3, Merz Road
3, Merz Road
Description & Estimates
The public record describes 3, Merz Road, Newton Aycliffe as an early-century house with 484 ft2 of internal area.
In this area, houses of this size normally have 2 bedrooms with a garden.
3, Merz Road, Newton Aycliffe has an estimated sale value of £83,677 and an estimated rental value of £556 per month, assuming reasonable condition and based on the information available.
Merz Road, Newton Aycliffe, DL5 lies within the DL5 postal district.
Our Data Sources
3, Merz Road, Newton Aycliffe has no records in the the Land Registry and a single entry in the EPC database dated September 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 3, Merz Road, Newton Aycliffe would be worth £87,861, with a potential rental value of £584 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £77,820, with a rental value of £517 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Merz Road, Newton Aycliffe has risen by £2,300 (2.7%) over the last year. During the same period, its estimated monthly rental value has moved up by £18 (3.2%). The property's estimated gross yield is currently 8.0%.
Energy Efficiency
3, Merz Road, Newton Aycliffe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Sep 2020.
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
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 620 metres of 3, Merz Road, Newton Aycliffe across the last 2 years.
Most recently, 59, Emerson Way, Newton Aycliffe, DL5 5HF, a freehold house, sold at £79,000 on the 1st September 2021.
Read more about house prices in DL5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3, Merz Road, Newton Aycliffe as the 16th largest and the 16th most expensive of the 26 addresses on Merz Road, Newton Aycliffe, DL5.
Against the DL5 postcode district average, it is £68k less expensive than the typical property.
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Schools Nearby
- 500mSugar Hill Primary School
- 800mWoodham Burn Community Primary School and Nursery
- 800mStephenson Way Academy and Nursery School
- 1.5kmWoodham Academy
- 1.8kmGreenfield Academy
- 2.1kmUTC South Durham
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Public Transport Nearby
Newton Aycliffe station is the nearest stop to 3, Merz Road, Newton Aycliffe at 1.0 kilometres away.
- 1.0kmNewton Aycliffe
- 2.1kmHeighington
- 4.2kmShildon
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
