162, Factory Road
162, Factory Road
Description & Estimates
162, Factory Road, Hinckley is described in the public record as a mid-century apartment with 624 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 162, Factory Road, Hinckley is £81,123 and its rental estimate is £477 per month, given the available information and assuming reasonable condition.
Factory Road, Hinckley, LE10 falls within the LE10 postal district, in the borough of Hinckley and Bosworth.
Our Data Sources
162, Factory Road, Hinckley has no records in the the Land Registry and a single entry in the EPC database dated March 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 162, Factory Road, Hinckley, we estimate a market value of £85,179 and a rental value of £501 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £75,444 and £444 per month respectively.
Recent Market Change
Over the last year, 162, Factory Road, Hinckley has seen its estimated sale value fall by £1,179 (1.5%) and its estimated rental value move up by £12 per month (2.6%). This results in an estimated gross rental yield of 7.1%.
Energy Efficiency
162, Factory Road, Hinckley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 162, Factory Road, Hinckley has sold within a radius of 500 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th November 2018, was 5A, Factory Road, Hinckley, LE10 0DW, a leasehold flat which sold for £110,000.
Read more about house prices in LE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 148 addresses on Factory Road, Hinckley, LE10, 162, Factory Road, Hinckley comes out as the 110th largest and the 136th most expensive in our analysis of the public data.
It is also £197k less expensive than the average property across the LE10 district.
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Schools Nearby
- 600mHinckley Parks Primary School
- 600mSaint Peter's Catholic Primary School, A Voluntary Academy
- 800mSt Mary's Church of England Primary School, Hinckley
- 1.1kmRedmoor Academy
- 1.3kmThe Hinckley School
- 1.6kmHastings High School
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Public Transport Nearby
From 162, Factory Road, Hinckley, the nearest station is Hinckley (Leics), 1.4 kilometres away.
- 1.4kmHinckley (Leics)
- 6.7kmNuneaton
- 8.4kmBermuda Park
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
