3, Preston Road
3, Preston Road
Description & Estimates
The public record describes 3, Preston Road, Hinckley as a mid-century apartment with 688 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
3, Preston Road, Hinckley has an estimated sale value of £109,441 and an estimated rental value of £619 per month, assuming reasonable condition and based on the information available.
Preston Road, Hinckley, LE10 lies in the borough of Hinckley and Bosworth, within the LE10 postal district.
Our Data Sources
3, Preston Road, Hinckley has no records in the the Land Registry and a single entry in the EPC database dated April 2022.
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
In very good condition, we estimate 3, Preston Road, Hinckley would be worth £114,914, with a potential rental value of £650 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £101,781, with a rental value of £575 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Preston Road, Hinckley has declined by £1,590 (1.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £16 (2.6%). The property's estimated gross yield is currently 6.8%.
Energy Efficiency
3, Preston Road, Hinckley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Apr 2022.
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
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 540 metres of 3, Preston Road, Hinckley across the last 2 years.
Most recently, Flat 4, E Block, Deveron Way, Hinckley, LE10 0XD, a leasehold flat, sold at £130,000 on the 17th February 2023.
Read more about house prices in LE10.
- Sold Feb 2023£130,000 | 2 Bed FlatFlat 4, E Block, Deveron Way, Hinckley, LE10 0XDFlat 4, E Block, Deveron Way, Hinckley, LE10 0XD
- Sold Jan 2020£90,000 | 2 Bed Flat4, Preston Road, Hinckley, LE10 0HN4, Preston Road, Hinckley, LE10 0HN
- Sold Jul 2014£88,950 | 2 Bed Flat19, Preston Road, Hinckley, LE10 0HN19, Preston Road, Hinckley, LE10 0HN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3, Preston Road, Hinckley as the 24th largest and the 24th most expensive of the 36 addresses on Preston Road, Hinckley, LE10.
Against the LE10 postcode district average, it is £169k less expensive than the typical property.
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Schools Nearby
- 200mBattling Brook Primary School
- 500mRichmond Primary School
- 1.0kmHollycroft Primary School
- 200mRedmoor Academy
- 2.4kmThe Hinckley School
- 2.6kmSaint Martin's Catholic Voluntary Academy
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Public Transport Nearby
Hinckley (Leics) station is the nearest stop to 3, Preston Road, Hinckley at 2.0 kilometres away.
- 2.0kmHinckley (Leics)
- 5.8kmNuneaton
- 7.8kmBermuda Park
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
