16 Merchant Way

    16, MERCHANT WAY, NORWICH, NR6 5HS

    This detached leasehold property on Merchant Way last sold in June 2017 for £155,500. Based on price growth in the NR6 district since then, its estimated current value is £200,692 — placing it in the 25th percentile nationally and the 11th percentile within NR6. The property covers 54 m² (581 sq ft), giving an estimated value of £3,717 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £155,500

    Jun 2017

    Estimated Valuation

    £200,692

    Est. £/sq ft

    £345/sq ft

    £3,717/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area581 sq ft (54 m²)
    EPC dateJan 2017
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    23 Jun 2017

    £155,500

    Key Metrics

    Estimated valuation£200,692
    Value per sq ft / m²£345/sq ft (£3,717/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR6 district percentile11th percentile
    National percentile25th 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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