13, Merchant Way
13, Merchant Way
Description & Estimates
According to the public record, 13, Merchant Way, Norwich is a mid-century leasehold house with 473 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 13, Merchant Way, Norwich is £175,466 and the estimated rental value is £830 per month.
Merchant Way, Norwich, NR6 is located in the borough of Broadland within the NR6 postal district.
Our Data Sources
13, Merchant Way, Norwich has 3 entries in the Land Registry , most recently in March 2020 and a single entry in the EPC database dated June 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 13, Merchant Way, Norwich is in very good condition we estimate a sale value of £184,239 and a rental value of £872 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £163,183 and a rental value of £772 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 13, Merchant Way, Norwich has fallen by £2,666 (1.5%), while its estimated rental value has moved up by £23 per month (2.8%). Based on current estimates, the property offers a gross rental yield of 5.7%.
Energy Efficiency
13, Merchant Way, Norwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Jun 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 13, Merchant Way, Norwich was last sold on 6th March 2020 for £160,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since March 2020, the market for similar properties has risen by 14.5%.
- Sold Mar 2020£160,000
- Sold Jul 2018£135,000
- Sold Feb 2013£97,250
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 13, Merchant Way, Norwich within a radius of 590 metres over the last 2 years.
The most recent example is 11, Merchant Way, Norwich, NR6 5HS, a leasehold house which sold for £200,000 on the 17th January 2023.
Read more about house prices in NR6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Merchant Way, Norwich, NR6 has a total of 45 addresses. According to our analysis of all the public data, 13, Merchant Way, Norwich is the 41st largest and the 30th most expensive property on the street.
When compared to the postcode district it is £103k less expensive than the average property in NR6.
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Schools Nearby
- 300mHeather Avenue Infant School
- 700mMile Cross Primary School
- 800mCatton Grove Primary School
- 1.2kmHellesdon High School
- 2.0kmSewell Park Academy
- 3.1kmJane Austen College
More reading links
Public Transport Nearby
The closest station to 13, Merchant Way, Norwich is Norwich station, which is 4.1 kilometres away.
- 4.1kmNorwich
- 8.2kmSalhouse
- 10.5kmBrundall Gardens
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
