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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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1, Merchant Way, Norwich is recorded publicly as a mid-century leasehold apartment across 592 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 1, Merchant Way, Norwich is £123,057 and its rental estimate is £701 per month, given the available information and assuming reasonable condition.
Merchant Way, Norwich, NR6 falls within the NR6 postal district, in the borough of Broadland.
1, Merchant Way, Norwich has 2 entries in the Land Registry , most recently in April 2022 and a single entry in the EPC database dated August 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Merchant Way, Norwich, we estimate a market value of £129,209 and a rental value of £736 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £114,443 and £652 per month respectively.
Over the last year, 1, Merchant Way, Norwich has seen its estimated sale value decrease by £324 (0.3%) and its estimated rental value grow by £27 per month (3.8%). This results in an estimated gross rental yield of 6.8%.
1, Merchant Way, Norwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Aug 2013.
The property is not connected to mains gas and has some double glazing. It is heated using Electric storage heaters.
The most recent sale of 1, Merchant Way, Norwich completed on 27th April 2022 at £125,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 2.4% over the period since April 2022.
Over the past 2 years 3 properties similar to 1, Merchant Way, Norwich have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th August 2025, was 38, Lilian Close, Norwich, NR6 6RZ, a leasehold flat which sold for £120,000.
Read more about house prices in NR6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 45 addresses on Merchant Way, Norwich, NR6, 1, Merchant Way, Norwich comes out as the 10th largest and the 39th most expensive in our analysis of the public data.
It is also £156k less expensive than the average property across the NR6 district.
From 1, Merchant Way, Norwich, the nearest station is Norwich, 4.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Merchant Way, Norwich, 67.6% of property is privately owned outright and 26.2% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Merchant Way, Norwich, 11.3% of residents are recorded as possessing school level qualifications and 20.1% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Merchant Way, Norwich, the average age was 45.9 and the most common age was 57.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Merchant Way, Norwich, 0.8% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Merchant Way, Norwich, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
