31, Merchant Way
31, Merchant Way
Description & Estimates
Public records show 31, Merchant Way, Norwich to be a modern leasehold house with 559 ft2 of internal area.
In this area, houses of this size normally have 2 bedrooms with a garden.
31, Merchant Way, Norwich has an estimated sale value of £191,320 and an estimated rental value of £905 per month, assuming reasonable condition and based on the information available.
Merchant Way, Norwich, NR6 lies in the borough of Broadland, within the NR6 postal district.
Our Data Sources
31, Merchant Way, Norwich has 31 entries in the Land Registry , most recently in February 2021 and a single entry in the EPC database dated June 2020.
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
In very good condition, we estimate 31, Merchant Way, Norwich would be worth £200,886, with a potential rental value of £951 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £177,928, with a rental value of £842 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 31, Merchant Way, Norwich has declined by £2,907 (1.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £25 (2.8%). The property's estimated gross yield is currently 5.7%.
Energy Efficiency
31, Merchant Way, Norwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Jun 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
31, Merchant Way, Norwich last changed hands on 19th February 2021, selling for £197,000. The transaction was logged as a leasehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 11.3% since February 2021.
- Sold Feb 2021£197,000
- Sold Nov 2017£188,000
- Sold Aug 2006£149,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 600 metres of 31, Merchant Way, Norwich across the last 2 years.
Most recently, 36, Merchant Way, Norwich, NR6 5HS, a leasehold house, sold at £180,000 on the 8th December 2025.
Read more about house prices in NR6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 31, Merchant Way, Norwich as the 21st largest and the 17th most expensive of the 45 addresses on Merchant Way, Norwich, NR6.
Against the NR6 postcode district average, it is £87k less expensive than the typical property.
More reading links
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
Norwich station is the nearest stop to 31, Merchant Way, Norwich at 4.1 kilometres away.
- 4.1kmNorwich
- 8.2kmSalhouse
- 10.5kmBrundall Gardens
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
