5, SPRINGFIELD CLOSE, HEMSBY, GREAT YARMOUTH, NR29 4LZ - £55,000

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.

5 SPRINGFIELD CLOSE is a terraced house, which could now be worth an estimated £290,941. It was last sold for £55,000 in July 1997, which was around 77% above the average July 1997 terraced price in the Great Yarmouth local authority area.

5 SPRINGFIELD CLOSE Sold Prices

Land registry data shows one sale for 5 SPRINGFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Great Yarmouth 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
1997 16 JUL	£55,000	£31,018	77% above HPI

What might 5 SPRINGFIELD CLOSE be worth now?

5 SPRINGFIELD CLOSE might now be worth an estimated £290,941.

This is based on house price inflation of 429%, between July 1997 and May 2026, for terraced houses, in the Great Yarmouth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 429% inflationary increase is applied to the most recent sale price for 5 SPRINGFIELD CLOSE of £55,000 on 16th July 1997. For the value to have increased from £55,000 to £290,941 over the 29 years and two months to May 2026, the following assumptions must hold true:

• The value of 5 SPRINGFIELD CLOSE has moved in line with the HPI for terraced houses in the Great Yarmouth local authority area.
• The July 1997 sale price of £55,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SPRINGFIELD CLOSE has not materially changed since July 1997.

Where is 5 SPRINGFIELD CLOSE?

5 SPRINGFIELD CLOSE is located in HEMSBY, in the NR29 postcode district.