7, NEWGATE CLOSE, CHELLASTON, DERBY, DE73 6QT - £94,950

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 NEWGATE CLOSE is a detached house, which could now be worth an estimated £367,072. It was last sold for £94,950 in April 2000, which was around 17% above the average April 2000 detached price in the City of Derby local authority area.

7 NEWGATE CLOSE Sold Prices

Land registry data shows two sales for 7 NEWGATE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 7 NEWGATE CLOSE sales were for above 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
2000 19 APR	£94,950	£81,268	17% above HPI
1997 28 NOV	£85,000	£68,514	24% above HPI

What might 7 NEWGATE CLOSE be worth now?

7 NEWGATE CLOSE might now be worth an estimated £367,072.

This is based on house price inflation of 286.6%, between April 2000 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 286.6% inflationary increase is applied to the most recent sale price for 7 NEWGATE CLOSE of £94,950 on 19th April 2000. For the value to have increased from £94,950 to £367,072 over the 25 years and eleven months to May 2026, the following assumptions must hold true:

• The value of 7 NEWGATE CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The April 2000 sale price of £94,950 represented a fair market value for the property.
• The size, condition, and specification of 7 NEWGATE CLOSE has not materially changed since April 2000.

Where is 7 NEWGATE CLOSE?

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