52, Mercia Road
52, Mercia Road
Description & Estimates
52, Mercia Road, Newark is described in the public record as an early-century house with 893 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 52, Mercia Road, Newark is £153,395 and its rental estimate is £878 per month, given the available information and assuming reasonable condition.
Mercia Road, Newark, NG24 falls within the NG24 postal district, in the borough of Newark and Sherwood.
Our Data Sources
52, 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 52, Mercia Road, Newark, we estimate a market value of £161,065 and a rental value of £922 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £142,658 and £816 per month respectively.
Recent Market Change
Over the last year, 52, Mercia Road, Newark has seen its estimated sale value drop by £1,850 (1.2%) and its estimated rental value rise by £20 per month (2.3%). This results in an estimated gross rental yield of 6.9%.
Energy Efficiency
52, Mercia Road, Newark has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 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
Over the past 2 years 3 properties similar to 52, Mercia Road, Newark have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th March 2024, was 10, Mercia Road, Newark, NG24 4NA, a freehold house which sold for £157,000.
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
Of the 56 addresses on Mercia Road, Newark, NG24, 52, Mercia Road, Newark comes out as the 43rd largest and the 37th most expensive in our analysis of the public data.
It is also £58k less expensive than the average property across the NG24 district.
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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
From 52, Mercia Road, Newark, the nearest station is Newark Castle, 2.3 kilometres away.
- 2.3kmNewark Castle
- 2.7kmNewark Northgate
- 5.7kmRolleston
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
