1, Preston Close
1, Preston Close
Description & Estimates
The public record lists 1, Preston Close, Norwich as a freehold house sitting on a 356 m2 plot.
Comparison with its neighbours suggests a mid-century house with 1,230 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
1, Preston Close, Norwich has an estimated sale value of £339,907 and an estimated rental value of £1,374 per month, assuming reasonable condition and based on the information available.
Preston Close, Freethorpe, Norwich, NR13 lies in the borough of Broadland, within the NR13 postal district.
Our Data Sources
1, Preston Close, Norwich has 41 entries in the Land Registry , most recently in July 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 1, Preston Close, Norwich would be worth £356,903, with a potential rental value of £1,443 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £316,114, with a rental value of £1,278 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Preston Close, Norwich has increased by £346 (0.1%) over the last year. During the same period, its estimated monthly rental value has grown by £42 (3.1%). The property's estimated gross yield is currently 4.9%.
Plot Size
1, Preston Close, Norwich occupies a 356 m2 plot as recorded by HM Land Registry.
Of the 11 other houses in this postcode, 9 have recorded plot sizes, and this one ranks as the 2nd largest.
Sold Prices
1, Preston Close, Norwich last changed hands on 27th July 2007, selling for £175,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 70.8% since July 2007.
- Sold Jul 2007£175,000
- Sold Nov 2005£169,000
- Sold Sep 1999£67,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 5.0 kilometres of 1, Preston Close, Norwich across the last 2 years.
Most recently, 35, Chapelfield, Norwich, NR13 3LY, a freehold house, sold at £305,000 on the 30th April 2021.
Read more about house prices in NR13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 1, Preston Close, Norwich as the largest and the most expensive of the 11 addresses on Preston Close, Freethorpe, Norwich, NR13.
Against the NR13 postcode district average, it is £6k less expensive than the typical property.
More reading links
Schools Nearby
- 500mFreethorpe Community Primary and Nursery School
- 3.2kmReedham Primary School
- 5.7kmLingwood Primary Academy
- 6.1kmAcle Academy
- 7.9kmHobart High School
- 10.6kmLynn Grove Academy
More reading links
Public Transport Nearby
Reedham (Norfolk) station is the nearest stop to 1, Preston Close, Norwich at 2.5 kilometres away.
- 2.5kmReedham (Norfolk)
- 2.8kmCantley
- 5.3kmBerney Arms
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
