12 Merchant Way

    12, MERCHANT WAY, NORWICH, NR6 5HS

    This detached leasehold property on Merchant Way last sold in March 2018 for £174,000. Based on price growth in the NR6 district since then, its estimated current value is £215,427 — placing it in the 28th percentile nationally and the 16th percentile within NR6. The property covers 46 m² (495 sq ft), giving an estimated value of £4,683 per m². The EPC rating is D, with a potential rating of A.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    495 sq ft

    46 m²

    Last Sale Price

    £174,000

    Mar 2018

    Estimated Valuation

    £215,427

    Est. £/sq ft

    £435/sq ft

    £4,683/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialA
    Floor area495 sq ft (46 m²)
    EPC dateDec 2017
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    6 Mar 2018

    £174,000

    5 Nov 2010

    £132,500

    1 Nov 2004

    £137,500

    12 Jan 2004

    £130,000

    Key Metrics

    Estimated valuation£215,427
    Value per sq ft / m²£435/sq ft (£4,683/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR6 district percentile16th percentile
    National percentile28th 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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