1, OBSERVER CLOSE, FREETHORPE, NORWICH, NR13 3QR - £345,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 OBSERVER CLOSE is a semi-detached house, which could now be worth an estimated £402,434. It was last sold for £345,000 in June 2021, which was around 46% above the average June 2021 semi-detached price in the Broadland local authority area.

1 OBSERVER CLOSE Sold Prices

Land registry data shows one sale for 1 OBSERVER CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Broadland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 29 JUN	£345,000	£236,192	46% above HPI

What might 1 OBSERVER CLOSE be worth now?

1 OBSERVER CLOSE might now be worth an estimated £402,434.

This is based on house price inflation of 16.6%, between June 2021 and May 2026, for semi-detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.6% inflationary increase is applied to the most recent sale price for 1 OBSERVER CLOSE of £345,000 on 29th June 2021. For the value to have increased from £345,000 to £402,434 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 1 OBSERVER CLOSE has moved in line with the HPI for semi-detached houses in the Broadland local authority area.
• The June 2021 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OBSERVER CLOSE has not materially changed since June 2021.

Where is 1 OBSERVER CLOSE?

1 OBSERVER CLOSE is located in FREETHORPE, in the NR13 postcode district.