According to the public record, 8, Herald Way, Hinckley is a modern freehold house and with 1,280 ft2 of internal area and sits on a 327 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Herald Way, Burbage, Hinckley, LE10 is located in the borough of Hinckley and Bosworth within the LE10 postal district.
8, Herald Way, Hinckley has a single entry in the Land Registry database from September 2016 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 8 Herald Way Hinckley as £420,751 and the rental value as £1,333 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 8 Herald Way Hinckley has decreased by £11,175 (2.7%) and its rental value has increased by £28 per month (2.1%).
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 8, Herald Way, Hinckley is in very good condition we estimate a sale value of £441,788 and rental value of £1,400 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £391,298 and a rental value of £1,240 per month.
If you were able to purchase this property for the estimated value of £420,751, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,068 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, 8, Herald Way, Hinckley sits on a plot of 327m2.
We have plot size data on 25 out of 46 other houses in the postcode and 8, Herald Way, Hinckley sits on the 24th largest plot.
According to HM Land Registry, 8, Herald Way, Hinckley was last sold on 29 Sep 2016 for £285,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2016, the market for similar properties has risen 26.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Herald Way, Hinckley within a radius of 237m over the last 2 years.
The most recent example is 17, Beaufort Close, Hinckley, LE10 2LF, a Freehold house which sold for £400,000 in Aug 2023.
Read more about house prices in LE10.
Herald Way, Burbage, Hinckley, LE10 has a total of 46 addresses. According to our analysis of all the public data, 8, Herald Way, Hinckley is the 28th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £157k more expensive than the average property in LE10.
8, Herald Way, Hinckley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Aug 2015.
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 8, Herald Way, Hinckley is Hinckley (Leics) station which is 1.3 km 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 8, Herald Way, Hinckley, 62.3% of property is privately owned outright and 36.1% 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 8, Herald Way, Hinckley, 11.5% of residents are recorded as possessing school level qualifications and 43.8% 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 8, Herald Way, Hinckley, the average age was 43.6 and the most common age was 52.
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 8, Herald Way, Hinckley, 2.5% 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 8, Herald Way, Hinckley, there are an average of 2.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.