1 Merchant Way

    1, MERCHANT WAY, NORWICH, NR6 5HS

    This flat/maisonette leasehold property on Merchant Way last sold in April 2022 for £125,000. Based on price growth in the NR6 district since then, its estimated current value is £117,519 — placing it in the 6th percentile nationally and the 2nd percentile within NR6. The property covers 55 m² (592 sq ft), giving an estimated value of £2,137 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £125,000

    Apr 2022

    Estimated Valuation

    £117,519

    Est. £/sq ft

    £199/sq ft

    £2,137/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateAug 2013
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    27 Apr 2022

    £125,000

    20 Apr 2016

    £125,000

    Key Metrics

    Estimated valuation£117,519
    Value per sq ft / m²£199/sq ft (£2,137/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR6 district percentile2nd percentile
    National percentile6th percentile

    District Context — NR6

    NR6 covers areas in and around Norwich, in Norfolk's city centre and inner suburbs. It is a mixed residential district with a blend of urban and semi-suburban character, popular with families, professionals, and those seeking affordable city-fringe living.

    Average Property Price - NR6

    £281,002

    37

    National percentile

    Average Net Household Income - NR6

    £38,029

    49

    National percentile

    10-Year Annualised Price Growth - NR6

    3.4%

    44

    National percentile

    10-Year Annualised Rent Growth - NR

    4.4%

    81

    National percentile

    View full analysis for NR6

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