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Is Sileby The Place To Be?

Better value for money than other villages? If you are looking to buy a property in the Charnwoo...

Better value for money than other villages?

If you are looking to buy a property in the Charnwood area, then you are spoilt for choice if you want an out-of-town location as the area plays host to some of the most desirable villages in Leicestershire. Villages such as Quorn, Rothley and Mountsorrel have traditionally always been popular areas for buyers, but over the last couple of years we have seen more and more interest in the village of Sileby.

Over the past five years there have been several hundred new houses built in Sileby and there are more in the pipeline. With a wide range of shops and pubs, and with Highgate Primary School achieving a ‘Good’ rating by Ofsted in 2014, the area is becoming more and more desirable for all types of buyers especially when you take into account the house prices. To ensure we can always provide the most up-to-date local knowledge to our clients, we carry out regular research into the local areas and we carried out a quick study comparing the average price of houses on the market in Sileby compared to its near neighbours Rothley and Mountsorrel.

We looked at traditional two bedroom terraced houses, three bedroom semi-detached houses and four bedroom detached houses in the three villages that were added to the market on Rightmove in August & September of this year discounting brand new houses. The average prices are shown below:

VILLAGE 2 BED TERRACE 3 BED SEMI 4 BED DETACHED
Rothley £155,000 £210,000 £282,250
Mountsorrel £134,750 £158,800 £290,850
Sileby £119,250 £150,500 £277,600

As you can see, you can save a significant amount of money by buying a similar property in Sileby compared with Mountsorrel and Rothley. In addition, the average prices have risen by 10-12% over the last 2 years, making it seem a sound investment.

If you are looking to buy in Sileby or any other of the Charnwood villages, or are looking to sell or rent your property then call and speak to one of our knowledgeable team now on 01509 260777 for free and friendly advice.

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