According to the public record, 25, Springfield Road, Hinckley is a mid-century freehold house and with 1,732 ft2 of internal area and sits on a 652 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Springfield Road, Hinckley, LE10 is located in the borough of Hinckley and Bosworth within the LE10 postal district.
25, Springfield Road, Hinckley has a single entry in the Land Registry database from February 2018 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 25 Springfield Road Hinckley as £456,742 and the rental value as £1,478 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 25 Springfield Road Hinckley has decreased by £12,287 (2.7%) and its rental value has increased by £30 per month (2.0%).
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 25, Springfield Road, Hinckley is in very good condition we estimate a sale value of £479,579 and rental value of £1,552 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £424,770 and a rental value of £1,375 per month.
If you were able to purchase this property for the estimated value of £456,742, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,245 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 25, Springfield Road, Hinckley sits on a plot of 652m2.
We have plot size data on 21 out of 32 other houses in the postcode and 25, Springfield Road, Hinckley sits on the 9th largest plot.
According to HM Land Registry, 25, Springfield Road, Hinckley was last sold on 16 Feb 2018 for £375,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2018, the market for similar properties has risen 16.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 25, Springfield Road, Hinckley within a radius of 135m over the last 2 years.
The most recent example is 7, Springfield Road, Hinckley, LE10 1AN, a Freehold house which sold for £400,000 in Jun 2021.
Read more about house prices in LE10.
Springfield Road, Hinckley, LE10 has a total of 39 addresses. According to our analysis of all the public data, 25, Springfield Road, Hinckley is the 14th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £193k more expensive than the average property in LE10.
25, Springfield Road, Hinckley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Aug 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 25, Springfield Road, Hinckley is Hinckley (Leics) station which is 300 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 25, Springfield Road, Hinckley, 36.8% of property is privately rented and 29.1% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 25, Springfield Road, Hinckley, 12.6% of residents are recorded as possessing school level qualifications and 35.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 25, Springfield Road, 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 25, Springfield Road, Hinckley, 0.7% 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 25, Springfield Road, 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.