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Need help valuing my horse for sale. He's 11 year old, 17hh big bodied OTTB, sound and can jump up to 3'. He's been in consistent training & lesson program but has never shown.

Need help valuing my horse for sale. He's 11 year old, 17hh big bodied OTTB, sound and can jump up to 3'. He's been in consistent training & lesson program but has never shown.
I'm in the US. I think that estimate sounds about right. Thank you.
I don't now what country you live in so the currency might be different but I'd say £2500 to £4000