6 Merchant Way, Norwich, NR6 5HS is a leasehold flat built between 1983-1990. The property offers approximately 506 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 £113,718 , which equates to approximately £225 per square foot. It was last sold on 29 Jun 2018 for £108,000. Since then, the value has increased by £5,718, representing a 5.3% increase, or approximately 0.7% per year.

The current estimated value of £113,718 is:

  • 40.0% lower than the average property price on Merchant Way
  • 39.7% lower than the average in the NR6 5HS postcode area
  • and 62.0% 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
1983-1990
Interior Size
506 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£113,718
Price Per sq ft (estimate)
£225
Bedroom Count (estimate)
1 bedroom

EPC Summary

6 Merchant Way, Norwich, Broadland, Norfolk, NR6 5HS has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 16 Jan 2018.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are single glazed.

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, insulated (assumed)
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NR6 5HS

39 th / 43
Price Rank
40% lower than average
25 th / 36
Size Rank
7% smaller than average
32 nd / 36
Price Per Sq FT Rank
35% lower than average

Compared to other properties in NR6 5HS , this flat's estimated value ranks 39th out of 43. Based on price per square foot, it ranks 32th 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 25th out of 36 properties in its postcode area.

Sale History

Today
£113,718
streetscan.co.uk estimate
+5 %
29 Jun 2018
£108,000
Leasehold
+237.5 %
18 Dec 1998
£32,000
Leasehold
+6.8 %
15 Mar 1996
£29,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 538 sq ft
sale price: £176,000
sale date: 1 Oct 2020
rooms: 2
size: 484 sq ft
sale price: £76,000
sale date: 29 Mar 2019
rooms: 2
size: 484 sq ft
sale price: £80,000
sale date: 18 Mar 2016
rooms: 3
size: 570 sq ft
sale price: £102,500
sale date: 24 Feb 2014
rooms: 2
size: 464 sq ft
sale price: £62,500
sale date: 7 Dec 2012

Data Sources

The property at 6 Merchant Way, Norwich, NR6 5HS appears three times in the Land Registry records, with the latest transaction recorded on 29 Jun 2018. It also has a single Energy Performance Certificate (EPC) from 16 Jan 2018. 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.