24 Merchant Way

    24, MERCHANT WAY, NORWICH, NR6 5HS

    This terraced leasehold property on Merchant Way last sold in September 2023 for £173,000. Based on price growth in the NR6 district since then, its estimated current value is £189,329 — placing it in the 22nd percentile nationally and the 9th percentile within NR6. The property covers 44 m² (474 sq ft), giving an estimated value of £4,303 per m². The EPC rating is D, with a potential rating of A.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    474 sq ft

    44 m²

    Last Sale Price

    £173,000

    Sept 2023

    Estimated Valuation

    £189,329

    Est. £/sq ft

    £400/sq ft

    £4,303/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialA
    Floor area474 sq ft (44 m²)
    EPC dateJun 2014
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    8 Sept 2023

    £173,000

    26 Mar 2021

    £150,000

    8 Oct 2019

    £120,000

    31 Oct 2005

    New build

    £69,950

    25 Feb 2005

    £97,500

    Key Metrics

    Estimated valuation£189,329
    Value per sq ft / m²£400/sq ft (£4,303/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR6 district percentile9th percentile
    National percentile22nd 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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