37, PRIORY CLOSE, ILKESTON, DE7 4JF - £64,000

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.

37 PRIORY CLOSE is a midsized flat of 54m², built sometime between 1950 and 1966, which could now be worth an estimated £66,759. It was last sold for £64,000 in January 2022, which was around 37% below the average January 2022 flat price in the Erewash local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was D.

37 PRIORY CLOSE Sold Prices

Land registry data shows three sales for 37 PRIORY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Erewash local authority area for the corresponding sale date. All of the three 37 PRIORY CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 13 JAN	£64,000	£101,608	37% below HPI
2001 12 OCT	£22,950	£34,944	34% below HPI
1995 31 MAR	£17,500	£24,398	28% below HPI

What might 37 PRIORY CLOSE be worth now?

37 PRIORY CLOSE might now be worth an estimated £66,759.

This is based on house price inflation of 4.3%, between January 2022 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 4.3% inflationary increase is applied to the most recent sale price for 37 PRIORY CLOSE of £64,000 on 13th January 2022. For the value to have increased from £64,000 to £66,759 over the three years and eight months to May 2026, the following assumptions must hold true:

• The value of 37 PRIORY CLOSE has moved in line with the HPI for flats in the Erewash local authority area.
• The January 2022 sale price of £64,000 represented a fair market value for the property.
• The size, condition, and specification of 37 PRIORY CLOSE has not materially changed since January 2022.

How Large is 37 PRIORY CLOSE?

37 PRIORY CLOSE is 54m² according to the EPC inspection conducted in August 2021. This puts it in the largest 50% of flats in Ilkeston, based on EPC data. 54% of flats are smaller than 37 PRIORY CLOSE, and 40% of flats are larger. Note that EPC data is not available for all properties in Ilkeston.

37 PRIORY CLOSE: Plot

37 PRIORY CLOSE sits on a plot of roughly 1.2 acres, or 4,752m².

Where is 37 PRIORY CLOSE?

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