7, BROOM CLOSE, CHELLASTON, DERBY, DE73 5SN - £215,000

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 BROOM CLOSE is a detached house, which could now be worth an estimated £354,355. It was last sold for £215,000 in November 2004, which was around 13% above the average November 2004 detached price in the City of Derby local authority area.

7 BROOM CLOSE Sold Prices

Land registry data shows four sales for 7 BROOM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. two of the four 7 BROOM CLOSE sales were for above the average price, and four 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
2004 5 NOV	£215,000	£190,623	13% above HPI
2004 1 JUN	£190,000	£176,517	8% above HPI
1997 23 MAY	£57,950	£64,774	11% below HPI
1995 7 JUL	£46,000	£62,745	27% below HPI

What might 7 BROOM CLOSE be worth now?

7 BROOM CLOSE might now be worth an estimated £354,355.

This is based on house price inflation of 64.8%, between November 2004 and May 2026, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 64.8% inflationary increase is applied to the most recent sale price for 7 BROOM CLOSE of £215,000 on 5th November 2004. For the value to have increased from £215,000 to £354,355 over the 22 years and six months to May 2026, the following assumptions must hold true:

• The value of 7 BROOM CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The November 2004 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BROOM CLOSE has not materially changed since November 2004.

Where is 7 BROOM CLOSE?

7 BROOM CLOSE is located in CHELLASTON, in the DE73 postcode district.