7, RISEWAY CLOSE, NORWICH, NR1 4NJ - £171,000

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.

7 RISEWAY CLOSE is a detached house, which could now be worth an estimated £265,443. It was last sold for £171,000 in October 2007, which was around 43% below the average October 2007 detached price in the Norwich local authority area.

7 RISEWAY CLOSE Sold Prices

Land registry data shows one sale for 7 RISEWAY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Norwich 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
2007 2 OCT	£171,000	£301,620	43% below HPI

What might 7 RISEWAY CLOSE be worth now?

7 RISEWAY CLOSE might now be worth an estimated £265,443.

This is based on house price inflation of 55.2%, between October 2007 and April 2026, for detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55.2% inflationary increase is applied to the most recent sale price for 7 RISEWAY CLOSE of £171,000 on 2nd October 2007. For the value to have increased from £171,000 to £265,443 over the nineteen years and six months to April 2026, the following assumptions must hold true:

• The value of 7 RISEWAY CLOSE has moved in line with the HPI for detached houses in the Norwich local authority area.
• The October 2007 sale price of £171,000 represented a fair market value for the property.
• The size, condition, and specification of 7 RISEWAY CLOSE has not materially changed since October 2007.

Where is 7 RISEWAY CLOSE?

7 RISEWAY CLOSE is located in NORWICH, in the NR1 postcode district.