38 Merchant Way

    38, MERCHANT WAY, NORWICH, NR6 5HS

    This flat/maisonette leasehold property on Merchant Way last sold in May 2022 for £190,000. Based on price growth in the NR6 district since then, its estimated current value is £178,630 — placing it in the 19th percentile nationally and the 8th percentile within NR6. The property covers 60 m² (646 sq ft), giving an estimated value of £2,977 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £190,000

    May 2022

    Estimated Valuation

    £178,630

    Est. £/sq ft

    £277/sq ft

    £2,977/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialB
    Floor area646 sq ft (60 m²)
    EPC dateJul 2019
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    27 May 2022

    £190,000

    8 Apr 2020

    £150,000

    18 Mar 2005

    £145,000

    Key Metrics

    Estimated valuation£178,630
    Value per sq ft / m²£277/sq ft (£2,977/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR6 district percentile8th percentile
    National percentile19th 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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