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House Prices in LE10 House Prices in LE10 (Hinckley)

The average house price in LE10 (Hinckley) is £287,805 using HM Land Registry data.

The average property price increased by £59,781 (39.87%) over the last 5 years and increased by £11,951 (5.5%) over the last 12 months.

Over the last year, there were 586 residential property sales – a decrease of 264 transactions (-45.05%) relative to the previous year. The majority of house sales (155) were in the £196,000 - £252,000 range. Then came properties in the £252,000 - £308,000 range, where 125 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 74 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,422 (-2%).

In June 2024, there were 140 new estate agency instructions, 103 agreed home sales and 82 property price reductions.

Nearby Postcodes: B46, B92, B93, CV10, CV11, CV12, CV13, CV2, CV21, CV22, CV23, CV3, CV33, CV4, CV47, CV5, CV6, CV7, CV8, CV9, DE12, LE16, LE17, LE19, LE3, LE6, LE67, LE8, LE87, LE9, NN11, NN6

5-Year Average Property Prices in LE10 (Hinckley)

39.87%

Property prices in Hinckley increased by 39.87% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in LE10 (Hinckley) Over the Last Year

5.5%

Property prices in Hinckley increased by 5.5% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for LE10 (Hinckley) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in LE10 (Hinckley)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in LE10 (Hinckley)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in LE10 (Hinckley)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the LE10 (Hinckley) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LE10 postcode area since 1995.

Recent Sales in LE10 (Hinckley)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
32 Woodbank, Burbage, Hinckley, Leicestershire, LE10 2BY£230,000£230,000£0019 Jan 202426 Apr 202498 Days
19 Glebe Road, Hinckley, Leicestershire, LE10 1HF£285,000£285,000£0026 Jan 202425 Apr 202490 Days
50 Welwyn Road, Hinckley, Leicestershire, LE10 1JE£285,000£280,000-£5,00007 Feb 202424 Apr 202477 Days
46 Paddock Way, Hinckley, Leicestershire, LE10 0FJ£250,000£245,000-£5,00001 Dec 202319 Apr 2024140 Days
7 Begonia Close, Burbage, Hinckley, Leicestershire, LE10 2SS£350,000£345,000-£5,00022 Sep 202319 Apr 2024210 Days
Apartment 8, Desford House, Southfield Road, Hinckley, Leicestershire, LE10 1UG£115,000£115,000£0001 Sep 202312 Apr 2024224 Days
59 Grange Drive, Burbage, Hinckley, Leicestershire, LE10 2JT£220,000£212,500-£7,50016 Jan 202409 Apr 202484 Days
2 Atkins Way, Burbage, Hinckley, Leicestershire, LE10 2PH£330,000£325,000-£5,00003 Jul 202309 Apr 2024281 Days
10 Shackleton Drive, Burbage, Hinckley, Leicestershire, LE10 2GB£230,000£215,000-£15,00025 Oct 202305 Apr 2024163 Days
60 Forresters Road, Burbage, Hinckley, Leicestershire, LE10 2RX£270,000£265,000-£5,00020 Jan 202303 Apr 2024439 Days
55 Church Street, Burbage, Hinckley, Leicestershire, LE10 2DA£360,000£335,000-£25,00030 Dec 202303 Apr 202495 Days
164 Wolvey Road, Burbage, Hinckley, Leicestershire, LE10 2JJ£315,000£312,000-£3,00009 May 202327 Mar 2024323 Days
24 Severn Avenue, Hinckley, Leicestershire, LE10 0YD£145,000£89,548-£55,45208 Sep 201725 Mar 20242390 Days
6 Lossiemouth Road, Hinckley, Leicestershire, LE10 0SA£245,000£242,500-£2,50015 Sep 202325 Mar 2024192 Days
104 Paddock Way, Hinckley, Leicestershire, LE10 0BZ£230,000£210,000-£20,00006 Jul 202320 Mar 2024258 Days
2a, Sunnyside, Hinckley, Leicestershire, LE10 1TE£360,000£355,000-£5,00022 Nov 202319 Mar 2024118 Days
7 Clarence Road, Hinckley, Leicestershire, LE10 1DP£150,000£146,500-£3,50012 Dec 202314 Mar 202493 Days
1 Bramcote Close, Hinckley, Leicestershire, LE10 1TL£255,000£240,000-£15,00022 Jul 202308 Mar 2024230 Days
17 Azalea Drive, Burbage, Hinckley, Leicestershire, LE10 2SH£170,000£170,000£0013 Jul 202307 Mar 2024238 Days
19 Cherwell Close, Hinckley, Leicestershire, LE10 0SB£190,000£190,000£0023 Aug 202301 Mar 2024191 Days

Most Expensive Streets in LE10 (Hinckley)

PostcodeStreetAreaAverageNo. of Sales
LE10 3AQLychgate Lane, Aston FlamvilleHinckley£684,1663
LE10 3PYParsons Lane, SharnfordHinckley£595,0003
LE10 2UFWoodgate Road, BurbageHinckley£570,1663
LE10 2GXTroon Way, BurbageHinckley£540,8336
LE10 2UAHillrise, BurbageHinckley£525,0006
LE10 2ADGrove Road, BurbageHinckley£523,9378
LE10 2ARSalisbury Road, BurbageHinckley£513,6427
LE10 2HFBritannia Road, BurbageHinckley£512,1669
LE10 3HQHinckley Road, WolveyHinckley£501,0836
LE10 2JRGrange Drive, BurbageHinckley£493,7504

Least Expensive Streets in LE10 (Hinckley)

PostcodeStreetAreaAverageNo. of Sales
LE10 0XQClifton CourtHinckley£69,3505
LE10 0JDGranville GardensHinckley£83,1258
LE10 0XDDeveron WayHinckley£92,63818
LE10 1BLClarence Court, Clarence RoadHinckley£101,3754
LE10 2QSHanover Court, Azalea DriveHinckley£104,1666
LE10 1NXSt JohnsHinckley£105,7005
LE10 1UDBradgate House, Southfield RoadHinckley£106,2005
LE10 1DACastle StreetHinckley£108,7504
LE10 1USMallory House, Southfield RoadHinckley£112,6663
LE10 0QTMiddlefield CourtHinckley£113,1254

Explore LE10 (Hinckley) using map

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