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Property details for Apartment 8, Mallory House, Southfield Road, Burbage, Hinckley LE10 1US

Flat, Leasehold, 2 Beds, 1 Bath, 1 Recep - Edit
Zoopla Estimate: £114,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £114,000
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  • Value change
    3,650 (3.3%) 5,250 (4.8%) 4,050 (3.7%) 10,700 (10.3%) 17,100 (17.6%) 23,950 (26.5%) 22,500 (24.5%)  
    from 
  • Rental value
    £500 pcm
  • Confidence level
    97
  • Value range
    £110,000 - £118,000
  • Rental range
    £450 - £550 pcm

Monthly running costs Beta

£460 Monthly total
Remortgage
Property value
Loan amount (60%) 68,400
Repayment term 25
Interest rate 0.5
Your payment £242 /mo Find remortgage deals In partnership with
Remortgage costs explained

The initial estimated monthly remortgage payment is calculated using a loan to value of 60% of the current value of a property, a term of 25 years, and a representative interest rate.

It is important to note that the mortgage repayments figure shown is only intended as a guide.

Ensure mortgage lenders are consulted to obtain an accurate quote. We do not accept any responsibility for any inaccuracies or errors in this regard.

Home Insurance Rebuild value up to £650,000 Contents value up to £65,000 Average insurance cost £29/mo (£347/yr)
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Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £31 Electricity £30 Estimated energy cost £61/mo (£731/yr)

Reduce your energy costs by up to £108/year

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Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 7700 kWh/year
Electricity: 2300 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Hinckley and Bosworth

Estimated tax band A Council tax cost £99 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £16 Sewerage £13 Estimated water cost £29 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Public info

Property type: Flat | Tenure: Leasehold | Last sale: £97,500 | Sale date: 22nd Nov 2013 - Previous sales
Property type: Flat | Tenure: Leasehold | Previous sale: £78,000 | Sale date: 16th Sep 2011
Property type: Flat | Tenure: Leasehold | Previous sale: £128,202 | Sale date: 20th Oct 2005 New build

This 2 bed leasehold flat is located at Mallory House, Southfield Road, Burbage, Hinckley LE10 1US and has an estimated current value of £114,000. Southfield Road, LE10 has 215 houses and flats on it with a current average value of £159,136, compared to an average property value of £218,503 for LE10. There have been 47 property sales on Southfield Road over the last 5 years with an average sold house price of £135,274 and this flat was last sold on 22nd Nov 2013 for £97,500. There are currently 235 properties to buy in LE10 with an average asking price of £258,900 and 45 properties to rent in LE10 with an average asking rent of £218 pw.

Owner info

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Market activity
Average price paid £193,893 Sales 972 Current average value £218,503 (Zoopla Zed-Index) Value change £11,150 ▲ 5.38%

What is the current average value of properties in LE10?

The current average value in LE10 in December 2016 is £218,503. This has increased 3.25% from September 2016. Terraced properties sold for a current average value of £148,395 and semi-detached properties valued £180,352. In the past year property prices in LE10 have increased 5.38%. This is according to the current Zoopla estimates.

Property value data/graphs for LE10

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £309,436 £229 3.6 £276,904
Semi-detached £180,352 £203 3.0 £165,774
Terraced £148,395 £178 2.6 £132,964
Flats £115,405 £201 1.6 £94,877

Current asking prices in LE10

Average: £255,094
Avg. current asking prices in LE10
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £163,797
(31)
£206,299
(80)
£316,575
(75)
£492,055
(17)
Flats £91,820
(7)
£113,159
(14)
- - -
All £91,820
(7)
£148,043
(45)
£206,299
(80)
£316,575
(75)
£492,055
(17)

Current asking rents in LE10

Average: £634 pcm
Avg. current asking prices in LE10
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £325 pcm
(1)
£653 pcm
(8)
£725 pcm
(11)
£1,694 pcm
(1)
-
Flats £376 pcm
(6)
£563 pcm
(2)
- - -
All £368 pcm
(7)
£635 pcm
(10)
£725 pcm
(11)
£1,694 pcm
(1)
-

Fun facts for LE10

Highest value in LE10
Highest value streets Zed-Index
Lychgate Lane £605,064
Troon Way £530,133
Cambourne Road £489,034
Bullfurlong Lane £459,056
Mill Lane £448,323
Highest turnover in LE10
Highest turnover streets Turnover
Curzon Close 82.4%
Mason Court 56.2%
Canberra Way 53.8%
Brechin Close 53.8%
Spencer Street 50.0%

What Zoopla users think of Burbage

Overall rating:

  • currently 4 stars
Very good - 81% (31 ratings)

Ratings breakdown:

  • currently stars
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Local info for Hinckley and Bosworth

About the neighbours in LE10

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