£383,714
This estimated value is based upon the latest sale price for the house of £375,000 on 31 Oct 2023. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There has been one burglary within the last year on or near Shoby Lane
More crime details
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| Price Paid | Date |
|---|---|
| £375,000 | 31 Oct 2023 |
| £195,000 | 31 Oct 2023 |
| £255,000 | 9 Oct 2020 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for LEICESTERSHIRE to estimate the market value.
When this house was purchased in October 2023 the House Price Index for LEICESTERSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £375,000 results in an estimated price of approximately £383,714.
| 31 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £375,000 | £8,714 | £383,714 |
The Postcode Pricing Model uses changes in average sales price within the LE14 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -24.957 % | £-93,588 | £281,411 |
| 3 Month Average | -5.987 % | £-22,450 | £352,549 |
| 6 Month Average | -6.320 % | £-23,701 | £351,298 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £190,000 | £190,000 | 1 WELLFIELD LANE |
| 9 May 2024 | £271,000 | £271,000 | 49 MAIN STREET |
| 15 Dec 2023 | £175,389 | £170,000 | THE WASH STONES WATER LANE |
| 31 Oct 2023 | £383,715 | £375,000 | SHOBY HOUSE FARM COTTAGE MAIN STREET |
| 13 Oct 2023 | £798,127 | £780,000 | WINDY RIDGE, 16 SHOBY LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Shoby Lane |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Saxelbye Lane |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Main Street |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Six Hills Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Wreake Crescent |