4 Merchant Way, Norwich, NR6 5HS is a leasehold flat built between 1983-1990. The property offers approximately 570 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £137,332 , which equates to approximately £241 per square foot. It was last sold on 24 Feb 2014 for £102,500. Since then, the value has increased by £34,832, representing a 34.0% increase, or approximately 2.9% per year.

The current estimated value of £137,332 is:

  • 27.5% lower than the average property price on Merchant Way
  • 27.1% lower than the average in the NR6 5HS postcode area
  • and 54.1% lower than the average price for Norwich as a whole

At the most recent EPC inspection on 2 May 2013, the property was recorded as owner-occupied.

View sold house prices in NR6 5HS

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
570 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£137,332
Price Per sq ft (estimate)
£241
Bedroom Count (estimate)
1 bedroom

EPC Summary

4 Merchant Way, Norwich, Broadland, Norfolk, NR6 5HS has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 2 May 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 partial double glazing.

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 300+ mm loft insulation
Very Good
Walls
Cavity wall, filled cavity
Good
Windows
Partial double glazing
Poor
Lighting
Low energy lighting in 29% of fixed outlets
Average

Compared to NR6 5HS

31 st / 43
Price Rank
27% lower than average
13 th / 36
Size Rank
5% bigger than average
25 th / 36
Price Per Sq FT Rank
30% lower than average

Compared to other properties in NR6 5HS , this flat's estimated value ranks 31th out of 43. Based on price per square foot, it ranks 25th 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 13th out of 36 properties in its postcode area.

Sale History

Today
£137,332
streetscan.co.uk estimate
+34 %
24 Feb 2014
£102,500
Leasehold
+133 %
7 Nov 1997
£44,000
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: 592 sq ft
sale price: £125,000
sale date: 27 Apr 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

Data Sources

The property at 4 Merchant Way, Norwich, NR6 5HS appears two times in the Land Registry records, with the latest transaction recorded on 24 Feb 2014. It also has a single Energy Performance Certificate (EPC) from 2 May 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.