57, Merevale Avenue
57, Merevale Avenue
Description & Estimates
57, Merevale Avenue, Hinckley is recorded publicly as an early-century Leasehold apartment across 430 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a garden.
Our estimate of the sale value of 57, Merevale Avenue, Hinckley is £135,785 and its rental estimate is £650 per month, given the available information and assuming reasonable condition.
57, Merevale Avenue is a residential building on Merevale Avenue, Hinckley, LE10 and falls within the LE10 postal district and the borough of Hinckley and Bosworth.
Our Data Sources
57, Merevale Avenue, Hinckley has a single entry in the Land Registry from February 2008 and a single entry in the EPC database dated November 2020.
We combine this information with that 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 57, Merevale Avenue, Hinckley, we estimate a market value of £142,574 and a rental value of £683 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £126,280 and £605 per month respectively.
Recent Market Change
Over the last year, 57, Merevale Avenue, Hinckley has seen its estimated sale value decline by £616 (0.5%) and its estimated rental value climb by £24 per month (3.7%). This results in an estimated gross rental yield of 5.7%.
Energy Efficiency
57, Merevale Avenue, Hinckley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Nov 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 57, Merevale Avenue, Hinckley completed on 18th February 2008 at £105,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 30.4% over the period since February 2008.
- Sold Feb 2008£105,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 57, Merevale Avenue, Hinckley has sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th November 2021, was 4 Bakery Gardens, Brunel Road West, Hinckley, LE10 0ZH, a leasehold flat which sold for £120,000.
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 77 addresses on Merevale Avenue, Hinckley, LE10, 57, Merevale Avenue, Hinckley comes out as the 74th largest and the 77th most expensive in our analysis of the public data.
It is also £143k less expensive than the average property across the LE10 district.
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Schools Nearby
- 200mWestfield Junior School
- 400mWestfield Infant School
- 700mSt Mary's Church of England Primary School, Hinckley
- 1.6kmHastings High School
- 1.7kmRedmoor Academy
- 2.2kmThe Hinckley School
More reading links
Public Transport Nearby
From 57, Merevale Avenue, Hinckley, the nearest station is Hinckley (Leics), 600 metres away.
- 600mHinckley (Leics)
- 5.8kmNuneaton
- 7.3kmBermuda 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.
