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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 61, Paddock Way, Hinckley is £367,843 and the estimated rental value is £1,514 per month.
Paddock Way, Hinckley, LE10 is located in the borough of Hinckley and Bosworth within the LE10 postal district.
61, Paddock Way, Hinckley has 2 entries in the Land Registry , most recently in August 2024 and a single entry in the EPC database dated May 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 61, Paddock Way, Hinckley is in very good condition we estimate a sale value of £386,235 and a rental value of £1,590 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £342,094 and a rental value of £1,408 per month.
Over the last 12 months the sale value of 61 Paddock Way Hinckley has decreased by an estimated £8,360 (2.3%) and its rental value has increased by an estimated £33 per month (2.2%), giving an expected gross yield of 4.9%.
61, Paddock Way, Hinckley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 May 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 61, Paddock Way, Hinckley was last sold on 28th August 2024 for £382,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2024, the market for similar properties has risen 11.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61, Paddock Way, Hinckley within a radius of 870 metres over the last 2 years.
The most recent example is 9, Canal Way, Hinckley, LE10 0DE, a freehold house which sold for £480,000 on the 27th September 2024.
Read more about house prices in LE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Paddock Way, Hinckley, LE10 has a total of 128 addresses. According to our analysis of all the public data, 61, Paddock Way, Hinckley is the 7th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £90k more expensive than the average property in LE10.
The closest station to 61, Paddock Way, Hinckley is Hinckley (Leics) station which is 2.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 61, Paddock Way, Hinckley, 56.1% of property is privately owned with a mortgage and 26.2% is privately rented.
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 61, Paddock Way, Hinckley, 27.4% of residents are recorded as possessing school level qualifications and 32.4% 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 61, Paddock Way, Hinckley, the average age was 39.9 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 61, Paddock Way, Hinckley, 0.0% 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 61, Paddock Way, Hinckley, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.