54, The Ridgeway
54, The Ridgeway
Description & Estimates
54, The Ridgeway, Hinckley appears in the public record as a freehold house sitting on a 271 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,237 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 54, The Ridgeway, Hinckley is £338,212 and its rental estimate is £1,541 per month, given the available information and assuming reasonable condition.
The Ridgeway, Burbage, Hinckley, LE10 falls within the LE10 postal district, in the borough of Hinckley and Bosworth.
Our Data Sources
54, The Ridgeway, Hinckley has a single entry in the Land Registry from August 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 54, The Ridgeway, Hinckley, we estimate a market value of £355,122 and a rental value of £1,619 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £314,537 and £1,434 per month respectively.
Recent Market Change
Over the last year, 54, The Ridgeway, Hinckley has seen its estimated sale value decline by £6,320 (1.9%) and its estimated rental value climb by £35 per month (2.3%). This results in an estimated gross rental yield of 5.5%.
Plot Size
HM Land Registry records the plot of land for 54, The Ridgeway, Hinckley as measuring 271 m2.
That makes it the 31st largest plot in the postcode, where 68 of the 70 other houses have recorded plot data.
Sold Prices
The most recent sale of 54, The Ridgeway, Hinckley completed on 10th August 2007 at £217,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 42.6% over the period since August 2007.
- Sold Aug 2007£217,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 54, The Ridgeway, Hinckley have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th March 2024, was 56, The Ridgeway, Hinckley, LE10 2NR, a freehold house which sold for £315,000.
Read more about house prices in LE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 70 addresses on The Ridgeway, Burbage, Hinckley, LE10, 54, The Ridgeway, Hinckley comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £60k more expensive than the average property across the LE10 district.
More reading links
Schools Nearby
- 500mSketchley Hill Primary School Burbage
- 1.0kmWestfield Junior School
- 1.2kmSt Mary's Church of England Primary School, Hinckley
- 1.1kmHastings High School
- 2.2kmThe Hinckley School
- 2.7kmRedmoor Academy
More reading links
Public Transport Nearby
From 54, The Ridgeway, Hinckley, the nearest station is Hinckley (Leics), 600 metres away.
- 600mHinckley (Leics)
- 6.4kmNuneaton
- 7.6kmBermuda Park
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
