18, PRIORY CLOSE, ILKESTON, DE7 4JF - £15,500

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.

18 PRIORY CLOSE is a flat, which could now be worth an estimated £53,971. It was last sold for £15,500 in March 2001, which was around 49% below the average March 2001 flat price in the Erewash local authority area.

18 PRIORY CLOSE Sold Prices

Land registry data shows one sale for 18 PRIORY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat price in the Erewash 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
2001 22 MAR	£15,500	£30,439	49% below HPI

What might 18 PRIORY CLOSE be worth now?

18 PRIORY CLOSE might now be worth an estimated £53,971.

This is based on house price inflation of 248.2%, between March 2001 and May 2026, for flats, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 248.2% inflationary increase is applied to the most recent sale price for 18 PRIORY CLOSE of £15,500 on 22nd March 2001. For the value to have increased from £15,500 to £53,971 over the 24 years and ten months to May 2026, the following assumptions must hold true:

• The value of 18 PRIORY CLOSE has moved in line with the HPI for flats in the Erewash local authority area.
• The March 2001 sale price of £15,500 represented a fair market value for the property.
• The size, condition, and specification of 18 PRIORY CLOSE has not materially changed since March 2001.

Where is 18 PRIORY CLOSE?

18 PRIORY CLOSE is located in ILKESTON, in the DE7 postcode district.