1 Merchant Way, Norwich, NR6 5HS is a leasehold flat built between 1976-1982. The property offers approximately 592 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £115,813 , which equates to approximately £196 per square foot. It was last sold on 27 Apr 2022 for £125,000. Since then, the value has decreased by £9,187, representing a 7.3% decrease, or approximately 2.0% per year.

The current estimated value of £115,813 is:

  • 38.9% lower than the average property price on Merchant Way
  • 38.5% lower than the average in the NR6 5HS postcode area
  • and 61.3% lower than the average price for Norwich as a whole

View sold house prices in NR6 5HS

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
592 sq ft
Tenure
Leasehold
Price (estimate)
£115,813
Price Per sq ft (estimate)
£196
Bedroom Count (estimate)
1 bedroom

EPC Summary

1 Merchant Way, Norwich, Broadland, Norfolk, NR6 5HS has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 6 Aug 2013.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows have some double glazing.

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Some double glazing
Very Poor
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to NR6 5HS

38 th / 43
Price Rank
39% lower than average
6 th / 36
Size Rank
9% bigger than average
34 th / 36
Price Per Sq FT Rank
43% lower than average

Compared to other properties in NR6 5HS , this flat's estimated value ranks 38th out of 43. Based on price per square foot, it ranks 34th out of 36 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 6th out of 36 properties in its postcode area.

Sale History

Today
£115,813
streetscan.co.uk estimate
-7 %
27 Apr 2022
£125,000
Leasehold
0 %
20 Apr 2016
£125,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 646 sq ft
sale price: £190,000
sale date: 27 May 2022
rooms: 3
size: 538 sq ft
sale price: £176,000
sale date: 1 Oct 2020
rooms: 2
size: 506 sq ft
sale price: £108,000
sale date: 29 Jun 2018
rooms: 3
size: 614 sq ft
sale price: £105,000
sale date: 24 Feb 2017
rooms: 3
size: 570 sq ft
sale price: £102,500
sale date: 24 Feb 2014

Data Sources

The property at 1 Merchant Way, Norwich, NR6 5HS appears two times in the Land Registry records, with the latest transaction recorded on 27 Apr 2022. It also has a single Energy Performance Certificate (EPC) from 6 Aug 2013. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.