40, Mercia Road
40, Mercia Road
Description & Estimates
The public record describes 40, Mercia Road, Newark as a mid-century house with 861 ft2 of internal area, sitting on a 301 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
40, Mercia Road, Newark has an estimated sale value of £150,598 and an estimated rental value of £868 per month, assuming reasonable condition and based on the information available.
Mercia Road, Newark, NG24 lies in the borough of Newark and Sherwood, within the NG24 postal district.
Our Data Sources
40, Mercia Road, Newark has no records in the the Land Registry and a single entry in the EPC database dated June 2015.
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
In very good condition, we estimate 40, Mercia Road, Newark would be worth £158,128, with a potential rental value of £911 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £140,056, with a rental value of £807 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 40, Mercia Road, Newark has fallen by £1,816 (1.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £20 (2.3%). The property's estimated gross yield is currently 6.9%.
Plot Size
40, Mercia Road, Newark occupies a 301 m2 plot as recorded by HM Land Registry.
Of the 56 other houses in this postcode, 33 have recorded plot sizes, and this one ranks as the 11th largest.
Energy Efficiency
40, Mercia Road, Newark has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 21 Jun 2015.
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 590 metres of 40, Mercia Road, Newark across the last 2 years.
Most recently, 87, Churchill Drive, Newark, NG24 4LU, a freehold house, sold at £157,000 on the 15th July 2025.
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
Our analysis of the public data ranks 40, Mercia Road, Newark as the 53rd largest and the 47th most expensive of the 56 addresses on Mercia Road, Newark, NG24.
Against the NG24 postcode district average, it is £61k less expensive than the typical property.
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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
Newark Castle station is the nearest stop to 40, Mercia Road, Newark at 2.3 kilometres away.
- 2.3kmNewark Castle
- 2.7kmNewark Northgate
- 5.7kmRolleston
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
