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Hinckley House Prices Hinckley House Prices

The average house price in Hinckley is £277,847 using HM Land Registry data.

The average property price increased by £62,977 (28.36%) over the last 5 years and increased by £12,587 (4.62%) over the last 12 months.

Over the last year, there were 567 residential property sales – a decrease of 299 transactions (-52.73%) relative to the previous year. The majority of house sales (152) were in the £188,000 - £246,000 range. Then came properties in the £246,000 - £304,000 range, where 130 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 58 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,433 (-2%).

In April 2024, there were 153 new estate agency instructions, 116 agreed home sales and 82 property price reductions.

Neighbouring Areas: Nuneaton

Postcodes Covered: CV13, LE10

5-Year Average Property Prices in Hinckley

28.36%

Property prices in Hinckley increased by 28.36% 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 Hinckley Over the Last Year

4.62%

Property prices in Hinckley increased by 4.62% 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 Hinckley - April 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 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 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 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 Hinckley since 1995

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

Recent Property Sales in Hinckley

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
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
19 Cherwell Close, Hinckley, Leicestershire, LE10 0SB£190,000£190,000£0023 Aug 202301 Mar 2024191 Days
24 Windrush Drive, Hinckley, Leicestershire, LE10 0NY£420,000£410,000-£10,00025 Aug 202301 Mar 2024189 Days
23 Bowling Green Road, Hinckley, Leicestershire, LE10 1EX£190,000£182,500-£7,50018 Sep 202329 Feb 2024164 Days
9 Partridge Road, Hinckley, Leicestershire, LE10 3ET£300,000£290,000-£10,00029 Sep 202320 Feb 2024144 Days
120 Middlefield Lane, Hinckley, Leicestershire, LE10 0RA£294,950£280,000-£14,95019 Oct 202316 Feb 2024120 Days
11 Sutton Close, Hinckley, Leicestershire, LE10 1TW£265,000£255,000-£10,00004 Jan 202416 Feb 202443 Days
10 Netherley Court, Hinckley, Leicestershire, LE10 0RN£280,000£275,000-£5,00007 Sep 202313 Feb 2024159 Days
4 Grove Road, Burbage, Hinckley, Leicestershire, LE10 2AD£275,000£245,000-£30,00029 Sep 202307 Feb 2024131 Days
27 Arguile Place, Hinckley, Leicestershire, LE10 0GH£300,000£285,000-£15,00029 Aug 202305 Feb 2024160 Days
86 Paddock Way, Hinckley, Leicestershire, LE10 0FJ£170,000£163,500-£6,50031 Aug 202331 Jan 2024153 Days
84 Trinity Lane, Hinckley, Leicestershire, LE10 0BJ£150,000£143,500-£6,50023 Oct 202330 Jan 202499 Days
15 West Hyde, Hinckley, Leicestershire, LE10 0FH£225,000£225,000£0024 Oct 202326 Jan 202494 Days
95 Teign Bank Road, Hinckley, Leicestershire, LE10 0ED£240,000£230,000-£10,00009 Aug 202319 Jan 2024163 Days
5 Bodmin Close, Hinckley, Leicestershire, LE10 1XP£375,000£337,000-£38,00023 Jul 202315 Jan 2024176 Days
14 Cleveland Road, Hinckley, Leicestershire, LE10 0AJ£315,000£310,000-£5,00008 Sep 202315 Jan 2024129 Days
3 Lobelia Close, Burbage, Hinckley, Leicestershire, LE10 2UL£240,000£235,000-£5,00014 Aug 202303 Jan 2024142 Days
124 Middlefield Lane, Hinckley, Leicestershire, LE10 0RA£325,000£320,000-£5,00026 Dec 202202 Jan 2024372 Days
162 Coventry Road, Hinckley, Leicestershire, LE10 0JU£220,000£215,000-£5,00018 Jul 202319 Dec 2023154 Days

Most Expensive Streets in Hinckley

PostcodeStreetAreaAverageNo. of Sales
LE10 2UFWoodgate RoadBurbage£570,1663
LE10 2GXTroon WayBurbage£540,8336
LE10 2UAHillriseBurbage£525,0006
LE10 2ARSalisbury RoadBurbage£513,6427
LE10 2HFBritannia RoadBurbage£512,1669
LE10 2ADGrove RoadBurbage£502,15010
LE10 2JRGrange DriveBurbage£493,7504
LE10 2ASSapcote RoadBurbage£485,0029
LE10 1LLHansom RoadHinckley£480,6565
LE10 2TSBurbage RoadBurbage£479,34510

Least Expensive Streets in Hinckley

PostcodeStreetAreaAverageNo. of Sales
LE10 0XQClifton CourtHinckley£69,3505
LE10 0JDGranville GardensHinckley£83,1258
LE10 0XDDeveron WayHinckley£92,28919
LE10 1BLClarence CourtClarence Road£101,3754
LE10 2QSHanover CourtAzalea Drive£104,1666
LE10 1NXSt JohnsHinckley£105,7005
LE10 1DACastle StreetHinckley£108,7504
LE10 0DUTribune HouseFactory Road£112,2857
LE10 1USMallory HouseSouthfield Road£112,6663
LE10 1UDBradgate HouseSouthfield Road£112,7504

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