6 Merchant Way

    6, MERCHANT WAY, NORWICH, NR6 5HS

    This flat/maisonette leasehold property on Merchant Way last sold in June 2018 for £108,000. Based on price growth in the NR6 district since then, its estimated current value is £116,973 — placing it in the 6th percentile nationally and the 2nd percentile within NR6. The property covers 47 m² (506 sq ft), giving an estimated value of £2,489 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £108,000

    Jun 2018

    Estimated Valuation

    £116,973

    Est. £/sq ft

    £231/sq ft

    £2,489/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area506 sq ft (47 m²)
    EPC dateJan 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    29 Jun 2018

    £108,000

    18 Dec 1998

    £32,000

    15 Mar 1996

    £29,950

    Key Metrics

    Estimated valuation£116,973
    Value per sq ft / m²£231/sq ft (£2,489/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR6 district percentile2nd percentile
    National percentile6th 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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