38, Merchant Way
38, Merchant Way
Description & Estimates
38, Merchant Way, Norwich is recorded publicly as a mid-century leasehold house across 645 ft2 of internal area, sitting on a 59.4 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 38, Merchant Way, Norwich is £210,572 and its rental estimate is £1,010 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.
Our Data Sources
38, Merchant Way, Norwich has 31 entries in the Land Registry , most recently in May 2022 and a single entry in the EPC database dated July 2019.
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
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 38, Merchant Way, Norwich, we estimate a market value of £221,101 and a rental value of £1,061 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £195,832 and £939 per month respectively.
Recent Market Change
Over the last year, 38, Merchant Way, Norwich has seen its estimated sale value fall by £3,679 (1.7%) and its estimated rental value move up by £29 per month (2.9%). This results in an estimated gross rental yield of 5.8%.
Plot Size
HM Land Registry records the plot of land for 38, Merchant Way, Norwich as measuring 59 m2.
That makes it the 4th largest plot in the postcode, where 4 of the 37 other houses have recorded plot data.
Energy Efficiency
38, Merchant Way, Norwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jul 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 38, Merchant Way, Norwich completed on 27th May 2022 at £190,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 4.9% over the period since May 2022.
- Sold May 2022£190,000
- Sold Apr 2020£150,000
- Sold Mar 2005£145,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 38, Merchant Way, Norwich have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd March 2026, was 37, Merchant Way, Norwich, NR6 5HS, a leasehold house which sold for £170,000.
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
Of the 45 addresses on Merchant Way, Norwich, NR6, 38, Merchant Way, Norwich comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £68k less expensive than the average property across the NR6 district.
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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
From 38, Merchant Way, Norwich, the nearest station is Norwich, 4.1 kilometres away.
- 4.1kmNorwich
- 8.2kmSalhouse
- 10.5kmBrundall Gardens
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
