Merchant Way house price trends

The scatter plot below reveals the house price trend for Merchant Way. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only NR6 5HS . The blue circles represent individual sales. You can touch or click on each blue dot to see more detail about the specific sales.

View data in table form

There are roughly 43 homes on Merchant Way, we would have expected about 6 sales each year given that in the UK people sell their homes on average once every 7 years.
In the last 4 years there have been 12 property sales in Merchant Way with 0 sold as new, averaging approximately 3 home sales per year . The average price per square metre (per square foot) in Merchant Way, Norwich is £3,693 sqm (£343 per sq ft), this is calculated from the price paid of the 12 most recent sales.
The majority of homes in Norwich are now selling for between £2,710 and £3,650 per square metre (£251 and £339 per square foot) , find out more in this local analysis of NR6 5 (Norwich) house prices.
The average size of all the properties on Merchant Way is 49 m2 (527 sqft).