7, QUICK CLOSE, MELBOURNE, DERBY, DE73 8GH - £55,500

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.

7 QUICK CLOSE is a terraced house, which could now be worth an estimated £271,061. It was last sold for £55,500 in September 1998, which was around 41% above the average September 1998 terraced price in the South Derbyshire local authority area.

7 QUICK CLOSE Sold Prices

Land registry data shows two sales for 7 QUICK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the South Derbyshire local authority area for the corresponding sale date. Both of the two 7 QUICK 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
1998 4 SEP	£55,500	£39,415	41% above HPI
1996 30 AUG	£56,000	£35,808	56% above HPI

What might 7 QUICK CLOSE be worth now?

7 QUICK CLOSE might now be worth an estimated £271,061.

This is based on house price inflation of 388.4%, between September 1998 and July 2026, for terraced houses, in the South Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 388.4% inflationary increase is applied to the most recent sale price for 7 QUICK CLOSE of £55,500 on 4th September 1998. For the value to have increased from £55,500 to £271,061 over the 28 years and two months to July 2026, the following assumptions must hold true:

• The value of 7 QUICK CLOSE has moved in line with the HPI for terraced houses in the South Derbyshire local authority area.
• The September 1998 sale price of £55,500 represented a fair market value for the property.
• The size, condition, and specification of 7 QUICK CLOSE has not materially changed since September 1998.

Where is 7 QUICK CLOSE?

7 QUICK CLOSE is located in MELBOURNE, in the DE73 postcode district.