Pay vs Place

Hinckley and Bosworth vs North West Leicestershire: buying or renting a home

A typical terraced house costs £13,500 (7%) more in Hinckley and Bosworth than in North West Leicestershire. Measured against local pay, buying is harder in Hinckley and Bosworth: it takes 5.5× median annual pay, against 4.7× in North West Leicestershire.

Hinckley and Bosworth, terraced
£195,000
Income typically needed: £39,000
Median full-time pay: £35,671
North West Leicestershire, terraced
£181,500
Income typically needed: £36,500
Median full-time pay: £38,795

At a glance

Hinckley and Bosworth North West Leicestershire
Buying a home Fairly affordable Fairly affordable
Renting a home Fairly affordable Fairly affordable
Recorded crime Low Low

Buying rates the typical price of all homes against median pay; renting rates a year of average rent against median pay; crime rates recorded crime per resident against the England and Wales average.

What the numbers say

Median full-time pay in North West Leicestershire (£38,795) is 9% higher than in Hinckley and Bosworth (£35,671), while a typical terraced house costs 7% less (£181,500 against £195,000). Set against local pay, North West Leicestershire is the easier of the two for a typical earner to buy in.

Buying a terraced house takes 5.5× annual pay in Hinckley and Bosworth and 4.7× in North West Leicestershire. Renting one takes 31% of pay in Hinckley and Bosworth and 27% in North West Leicestershire. Both are harder in Hinckley and Bosworth, and the gap is wider for buying.

Across all property types and measured against pay, Hinckley and Bosworth is around the middle of 316 areas (180th most expensive) to buy in, and North West Leicestershire is the 118th least expensive of 316 areas. For renting against pay, Hinckley and Bosworth is around the middle of 316 areas (180th most expensive) and North West Leicestershire is the 90th least expensive of 316 areas.

Someone on £40,000 in Hinckley and Bosworth would need about £37,000 in North West Leicestershire to be equally placed to buy a terraced house, and about £38,500 to be equally placed to rent one. Keeping the same pay after a move to North West Leicestershire would leave you better placed to buy. These figures compare housing costs only; they ignore other living costs and the pay you could earn in a new job.

Police recorded 59.5 crimes per 1,000 residents in Hinckley and Bosworth and 59.2 in North West Leicestershire: about the same. The biggest difference is in residential burglary: 6.4 per 1,000 in Hinckley and Bosworth against 5.2 in North West Leicestershire.

Can a typical earner buy?

Terraced house Hinckley and Bosworth North West Leicestershire
Median full-time pay £35,671 £38,795
House price ÷ pay 5.5× 4.7×
Median pay as a share of income typically needed to buy 91% 107%
Rent a year as a share of median pay 31% 27%

Buying, by property type

Type Hinckley and Bosworth North West Leicestershire Difference
Detached £371,000 £360,000 -3% in North West Leicestershire
Semi-detached £249,500 £237,500 -5% in North West Leicestershire
Terraced £195,000 £181,500 -7% in North West Leicestershire

Renting, by property type

Type (average rent a month) Hinckley and Bosworth North West Leicestershire Difference
Detached £1,238 £1,237 -0% in North West Leicestershire
Semi-detached £981 £962 -2% in North West Leicestershire
Terraced £914 £875 -4% in North West Leicestershire

Crime

Police recorded 59.5 crimes per 1,000 residents in Hinckley and Bosworth and 59.2 in North West Leicestershire: about the same.

Police recorded crime per 1,000 residents Hinckley and Bosworth North West Leicestershire Difference
All recorded crime (excluding fraud) 59.5 59.2 -0% in North West Leicestershire
Violence against the person 23.9 23.0 -4% in North West Leicestershire
Sexual offences 2.7 2.8 +4% in North West Leicestershire
Robbery 0.3 0.3 -15% in North West Leicestershire
Residential burglary (per 1,000 households) 6.4 5.2 -19% in North West Leicestershire
Vehicle offences 3.7 4.1 +11% in North West Leicestershire
Theft from the person 0.3 0.4 +48% in North West Leicestershire
Criminal damage and arson 6.5 6.5 -0% in North West Leicestershire

Rates use resident population, so city centres and student areas show higher crime per resident than residents experience. Recorded crime also depends on reporting and police recording practice.

How prices have changed in each area

Average house price for all property types, indexed so that 2005 is 100. A line at 200 means prices have doubled.

Hinckley and Bosworth: 184North West Leicestershire: 173
House prices in Hinckley and Bosworth and North West Leicestershire since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Hinckley and Bosworth now 184, North West Leicestershire now 173.7510012515017520020052010201520202025House prices in Hinckley and Bosworth and North West Leicestershire since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Hinckley and Bosworth now 184, North West Leicestershire now 173.7510012515017520020102020
Show the figures
YearHinckley and BosworthNorth West Leicestershire
2005100100
2006105103
2007111109
2008105107
20099495
20109999
20119799
20129898
201399100
2014106107
2015111111
2016117118
2017129123
2018137131
2019140134
2020144139
2021158149
2022177162
2023177164
2024176165
2025181169
12 months to July 2026184173

In 2005 the average home cost £141,637 in Hinckley and Bosworth and £162,435 in North West Leicestershire. Now it is £260,980 and £281,715: Hinckley and Bosworth is up 84% and North West Leicestershire is up 73%. Prices have risen faster in Hinckley and Bosworth, so the gap between the two has narrowed.

Buying a home against local pay, over time

Average house price divided by median full-time pay. Higher means harder to afford.

Hinckley and Bosworth: 7.2 years of payNorth West Leicestershire: 7.1 years of pay
Years of median pay needed to buy the average home in Hinckley and Bosworth and North West LeicestershireHinckley and Bosworth now 7.2, North West Leicestershire now 7.1 years of pay.0×2×4×6×8×20052010201520202025Years of median pay needed to buy the average home in Hinckley and Bosworth and North West LeicestershireHinckley and Bosworth now 7.2, North West Leicestershire now 7.1 years of pay.0×2×4×6×8×20052010201520202025
Show the figures
YearHinckley and BosworthNorth West Leicestershire
20056.0 years of pay7.4 years of pay
20105.6 years of pay6.7 years of pay
20156.2 years of pay7.1 years of pay
20207.0 years of pay7.5 years of pay
20257.2 years of pay7.1 years of pay

In 2005 a home cost 6.0 years of pay in Hinckley and Bosworth and 7.4 years in North West Leicestershire. In 2025 it was 7.2 years and 7.1 years.

Affordability has worsened more in Hinckley and Bosworth over that time.

How rents have changed in each area

Average monthly rent for all property types, indexed so that 2015 is 100.

Hinckley and Bosworth: 166North West Leicestershire: 161
Rents in Hinckley and Bosworth and North West Leicestershire since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Hinckley and Bosworth now 166, North West Leicestershire now 161.100120140160180201620182020202220242026Rents in Hinckley and Bosworth and North West Leicestershire since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Hinckley and Bosworth now 166, North West Leicestershire now 161.100120140160180201520202025
Show the figures
YearHinckley and BosworthNorth West Leicestershire
2015100100
2016103105
2017107108
2018111111
2019114113
2020118115
2021121118
2022127121
2023133129
2024149139
2025159148
August 2026166161

In 2015 the average rent was £562 a month in Hinckley and Bosworth and £568 in North West Leicestershire. Now it is £934 and £914: up 66% in Hinckley and Bosworth and up 61% in North West Leicestershire. Rents have risen faster in Hinckley and Bosworth.

What your salary is worth in each area

Salary needed to afford the same kind of home (terraced), going by median prices and average rents.

Moving from Hinckley and Bosworth to North West Leicestershire

Earning in Hinckley and Bosworth Equivalent to buy in North West Leicestershire Equivalent to rent in North West Leicestershire
£30,000 £28,000 £28,500
£40,000 £37,000 £38,500
£50,000 £46,500 £48,000
£60,000 £56,000 £57,500

Moving from North West Leicestershire to Hinckley and Bosworth

Earning in North West Leicestershire Equivalent to buy in Hinckley and Bosworth Equivalent to rent in Hinckley and Bosworth
£30,000 £32,000 £31,500
£40,000 £43,000 £42,000
£50,000 £53,500 £52,000
£60,000 £64,500 £62,500
Prices are medians for each property type over the last 12 months of registered sales; types with fewer than 100 sales in either area are left out. Rents are ONS averages for the area. Pay is the median for full-time employees living in the area, before tax. Income needed is illustrative: it assumes a 10% deposit and a lender willing to lend 4.5 times income. Real lending depends on your circumstances. Salary equivalents compare housing costs only, not other living costs, tax or the pay you could earn in a new job.

All Hinckley and Bosworth figures · All North West Leicestershire figures