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Merchant Way

Merchant Way

Last update: Sep 2024

Street Overview

of Merchant Way

Merchant Way, Norwich, NR6 is a residential street which is the 237th longest street in the NR6 area.

It contains 45 residential addresses consisting of 36 houses and 9 flats and the most common type of property is a modern house built after 1980.

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Average property prices

in Merchant Way, Norwich, NR6

The average house value is £190,776. Sales values have increased in the last 12 months by 0.8% and Rental values have increased by 1.8%.

Property sale values range from £108,224 for a leasehold flat, with 1 bedrooms split across 464 square feet of gross internal area and has no outside space to £245,832 for a leasehold house, with 3 bedrooms split across 876 square feet of gross internal area and has a garden.

Average £/ft2 for properties in Merchant Way, Norwich, NR6 is £349/ft2.

Properties achieve a rental yield of between 5.2% and 7.3%, and rental values range from £649 to £1,064 per month.

Sale value change
12 months
0.8%
Rental value change
12 months
1.8%
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Recent sales

within Merchant Way, Norwich, NR6

The last sale was 19 Mar 2024 for £227,000 and since then the market in the area as increased by 2.6%. The street has had a total of 4 sales since 1995.

Merchant Way, Norwich, NR6 has seen 4 sales in the last three years and 3 sales in the last twelve months.

£227,000
Mar-2024
Sold
£205,000
Dec-2023
Sold
£210,000
Sep-2023
Sold
£173,000
Sep-2023
Sold
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Nearby Streets

to Merchant Way, Norwich, NR6

Merchant Way, Norwich, NR6 is the 237th largest and the 29th most expensive street in the NR6 area.

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Postcodes

on Merchant Way, Norwich, NR6

There is 1 postcode on Merchant Way, Norwich, NR6.

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Property types

in Merchant Way, Norwich, NR6

Merchant Way, Norwich, NR6 is a residential street located in NR6 containing 36 houses and 9 flats.

The most common property type on Merchant Way, Norwich, NR6 is a modern house built after 1980.

mid-century flat (4)
modern flat (5)
modern house (28)
mid-century house (8)
Energy Efficiency

Energy Efficiency

of properties within Merchant Way, Norwich, NR6

The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being D.

A (0)
E (7)
B (0)
F (0)
C (4)
G (0)
D (26)
No EPC (8)
Schools nearby

Schools nearby

to Merchant Way, Norwich, NR6

The nearest primary school to Merchant Way, Norwich, NR6 is Mile Cross Primary School which is 700 m away and is rated Outstanding by Ofsted.
700 m
Mile Cross Primary School
Outstanding
800 m
Catton Grove Primary School
Good
1.0 km
Kinsale Junior School
Good
The nearest secondary school is Hellesdon High School which is 1.2 km away and is rated RequiresImprovement by Ofsted.
1.2 km
Hellesdon High School
Requires improvement
2.0 km
Sewell Park Academy
Good
3.1 km
Jane Austen College
Outstanding
Source: Ofsted (2016)
Public transport nearby

Public transport nearby

to Merchant Way, Norwich, NR6

The closest station to Merchant Way, Norwich, NR6 is Norwich station which is 4.1 km away.

4.1 km
Norwich
8.2 km
Salhouse
10.5 km
Brundall Gardens


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