28 Merchant Way

    28, MERCHANT WAY, NORWICH, NR6 5HS

    This detached leasehold property on Merchant Way last sold in July 2015 for £137,000. Based on price growth in the NR6 district since then, its estimated current value is £189,708 — placing it in the 22nd percentile nationally and the 9th percentile within NR6. The property covers 45 m² (484 sq ft), giving an estimated value of £4,216 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    484 sq ft

    45 m²

    Last Sale Price

    £137,000

    Jul 2015

    Estimated Valuation

    £189,708

    Est. £/sq ft

    £392/sq ft

    £4,216/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area484 sq ft (45 m²)
    EPC dateJan 2019
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    23 Jul 2015

    £137,000

    6 Mar 2009

    £115,000

    7 Nov 2001

    £72,500

    12 Sept 1997

    £49,000

    Key Metrics

    Estimated valuation£189,708
    Value per sq ft / m²£392/sq ft (£4,216/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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