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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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45, Merevale Avenue, Hinckley is recorded publicly as an early-century freehold house across 904 ft2 of internal area, sitting on a 169 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 45, Merevale Avenue, Hinckley is £202,752 and its rental estimate is £1,071 per month, given the available information and assuming reasonable condition.
Merevale Avenue, Hinckley, LE10 falls within the LE10 postal district, in the borough of Hinckley and Bosworth.
45, Merevale Avenue, Hinckley has 2 entries in the Land Registry , most recently in October 2019 and a single entry in the EPC database dated April 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 45, Merevale Avenue, Hinckley, we estimate a market value of £212,889 and a rental value of £1,124 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £188,559 and £996 per month respectively.
Over the last year, 45, Merevale Avenue, Hinckley has seen its estimated sale value decrease by £1,825 (0.9%) and its estimated rental value grow by £34 per month (3.2%). This results in an estimated gross rental yield of 6.3%.
HM Land Registry records the plot of land for 45, Merevale Avenue, Hinckley as measuring 169 m2.
That makes it the 30th largest plot in the postcode, where 37 of the 39 other houses have recorded plot data.
45, Merevale Avenue, Hinckley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Apr 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 45, Merevale Avenue, Hinckley completed on 18th October 2019 at £140,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 52.4% over the period since October 2019.
Over the past 2 years 3 properties similar to 45, Merevale Avenue, Hinckley have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th September 2023, was 49, Merevale Avenue, Hinckley, LE10 0PX, a freehold house which sold for £227,000.
Read more about house prices in LE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 77 addresses on Merevale Avenue, Hinckley, LE10, 45, Merevale Avenue, Hinckley comes out as the 27th largest and the 50th most expensive in our analysis of the public data.
It is also £76k less expensive than the average property across the LE10 district.
From 45, Merevale Avenue, Hinckley, the nearest station is Hinckley (Leics), 600 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 45, Merevale Avenue, Hinckley, 28.4% of property is socially rented and 25.8% is privately owned outright.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 45, Merevale Avenue, Hinckley, 22.1% of residents are recorded as possessing school level qualifications and 21.8% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 45, Merevale Avenue, Hinckley, the average age was 40.9 and the most common age was 32.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 45, Merevale Avenue, Hinckley, 0.5% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 45, Merevale Avenue, Hinckley, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
