42 Merchant Way

    42, MERCHANT WAY, NORWICH, NR6 5HS

    This semi-detached leasehold property on Merchant Way last sold in May 2018 for £145,000. Based on price growth in the NR6 district since then, its estimated current value is £184,468 — placing it in the 20th percentile nationally and the 9th percentile within NR6. The property covers 47 m² (506 sq ft), giving an estimated value of £3,925 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £145,000

    May 2018

    Estimated Valuation

    £184,468

    Est. £/sq ft

    £365/sq ft

    £3,925/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialB
    Floor area506 sq ft (47 m²)
    EPC dateNov 2017
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    3 May 2018

    £145,000

    16 Jun 2000

    £53,500

    23 Apr 1999

    £41,000

    Key Metrics

    Estimated valuation£184,468
    Value per sq ft / m²£365/sq ft (£3,925/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR6 district percentile9th percentile
    National percentile20th 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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