8 Merchant Way

    8, MERCHANT WAY, NORWICH, NR6 5HS

    This detached leasehold property on Merchant Way last sold in December 2023 for £205,000. Based on price growth in the NR6 district since then, its estimated current value is £202,050 — placing it in the 25th percentile nationally and the 12th percentile within NR6. The property covers 52 m² (560 sq ft), giving an estimated value of £3,886 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £205,000

    Dec 2023

    Estimated Valuation

    £202,050

    Est. £/sq ft

    £361/sq ft

    £3,886/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area560 sq ft (52 m²)
    EPC dateSept 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters, Room heaters, electric

    Transaction History

    15 Dec 2023

    £205,000

    24 Jun 2022

    £172,000

    22 Mar 1996

    £50,000

    Key Metrics

    Estimated valuation£202,050
    Value per sq ft / m²£361/sq ft (£3,886/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR6 district percentile12th percentile
    National percentile25th 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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