3 Merchant Way

    3, MERCHANT WAY, NORWICH, NR6 5HS

    This flat/maisonette leasehold property on Merchant Way last sold in March 2016 for £80,000. Based on price growth in the NR6 district since then, its estimated current value is £97,686 — placing it in the 3rd percentile nationally and the 1st percentile within NR6. The property covers 45 m² (484 sq ft), giving an estimated value of £2,171 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    484 sq ft

    45 m²

    Last Sale Price

    £80,000

    Mar 2016

    Estimated Valuation

    £97,686

    Est. £/sq ft

    £202/sq ft

    £2,171/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area484 sq ft (45 m²)
    EPC dateMay 2014
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    18 Mar 2016

    £80,000

    26 May 2000

    £38,000

    Key Metrics

    Estimated valuation£97,686
    Value per sq ft / m²£202/sq ft (£2,171/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR6 district percentile1st percentile
    National percentile3rd 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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