Hinckley

Area Guide For Hinckley

Hinckley is a town in southwest Leicestershire, England. It has a population of 43,246 (2001 census). It is administered by Hinckley and Bosworth Borough Council. Hinckley is currently the second largest town in Leicestershire, after Loughborough (Leicester itself being a city which is not part of the non-metropolitan county of Leicestershire). Although part of Leicestershire, it is situated in close proximity to the larger town of Nuneaton in Warwickshire, and comprises part of the Nuneaton Urban Area. Hinckley has a history going back to Saxon times. By the time of the Domesday Book in 1086, Hinckley was quite a large village, and grew over the course of the following 200 years into a small market town a market was first recorded there in 1311. To the west of Hinckley lies Saxon Paddock where in 2000 archaeologists from Northampton University discovered a Romano-British settlement and later Saxon items. In the 17th century, the town developed a hosiery industry, producing stockings and similar items. Hinckley played a prominent part in the English Civil War. Its proximity to several rival strongholds the royalist garrisons at Ashby de la Zouch and Leicester, those of the

 
 

Hinckley Map

Estimated Price: £198,616
Average Asking Price: £468,985
Price change in last one year: £7,187
Average Price Paid: £169,528
Average Rent Rates: £995

 
 

Property Prices Breakdown in Hinckley

Average Price for property in Hinckley is around £198,616 which varies based on type of property you are interested in and ranges from £284,384 for detached house to around £165,326 for semi-detached. Similarly terraced house is around £136,449 and a flat is worth £109,989. Values have been changing and have risen £2,349 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,103 in last 6 months, £7,187 in last 1 year, £18,702 in last 2 years, £17,400 in last 3 years, £18,588 in last 4 years and £14,921 in last 5 years.

Currently average asking price of a property in Hinckley is around £468,985 based on approximately 961 properties for sale. Same is the case with rental options based on 95 properties up for rent, average asking rent is around £995 per month.

Estimated property value in Hinckley is £198,616. Average asking price is £468,985 while average price paid is £181,175 which is up by £7,187 and Avg. asking rent £995.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Hinckley area. In last 1 year alone average price buyer paid is around £181,175 based on approximately 961 sales in Hinckley area alone. If you compare it to last 3 years sales of 2,447 properties where buyers paid around £173,484. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £169,528 for 3,678 and average amount paid for purchase of approx. 4,722 properties sold in last 7 years comes to about £168,097 per sale.

 
 

Properties For Sale in Hinckley

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £97,450, £136,617 for a 2 bedroom house, £182,489 for a 3 bedroom house, £313,165 for a 4 bedroom house and £421,199 for a 5 bedroom house. For a flat similarly the prices varies from £80,181 for a single bedroom to £101,556 for a 2 bedroom Flat. To sum up the asking prices for properties in Hinckley it comes to around average £81,509 for 1 bedroom property, £130,177 for 2 bedroom, £182,489 for 3 bedroom, £313,165 for 4 bedroom and £421,199 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £452 for 1 bedroom to £556 for 2 bedroom, £633 for 3 bedroom and £1,014 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £406. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £529 and £598 for 3 bedroom. You should be generally be expecting around average £418 rent per month for single bedroom property, £543 for 2 bedroom, £632 for 3 bedroom and approximately £1,014 for 4 bedroom property in Hinckley area.

Popular Houses in Hinckley

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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