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House Prices in LE16 House Prices in LE16 (Market Harborough)

The average house price in LE16 (Market Harborough) is £337,175 using HM Land Registry data.

The average property price increased by £108,338 (10.5%) over the last 5 years and increased by £21,707 (1.77%) over the last 12 months.

Over the last year, there were 431 residential property sales – a decrease of 231 transactions (-53.60%) relative to the previous year. The majority of house sales (100) were in the £190,000 - £282,000 range. Then came properties in the £282,000 - £374,000 range, where 100 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 65 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,478 (-2%).

In Oct 24, there were 143 new estate agency instructions, 84 agreed home sales and 66 property price reductions.

Nearby Postcodes: CV23, LE10, LE12, LE14, LE15, LE17, LE18, LE19, LE2, LE3, LE4, LE5, LE6, LE7, LE8, LE87, LE9, NG33, NN11, NN14, NN15, NN16, NN17, NN18, NN2, NN29, NN3, NN5, NN6, NN7, NN8, NN9, PE28, PE8, PE9

5-Year Average Property Prices in LE16 (Market Harborough)

10.5%

Property prices in Market Harborough increased by 10.5% 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 LE16 (Market Harborough) Over the Last Year

1.77%

Property prices in Market Harborough increased by 1.77% 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 LE16 (Market Harborough) - Oct 24

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 LE16 (Market Harborough)

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 LE16 (Market Harborough)

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 LE16 (Market Harborough)

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 LE16 (Market Harborough) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LE16 postcode area since 1995.

Recent Sales in LE16 (Market Harborough)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
62 Thatch Meadow Drive, Market Harborough, Leicestershire, LE16 7XH£335,000£328,000-£7,00005 Jun 202309 Aug 2024431 Days
37 Middlebrook Green, Market Harborough, Leicestershire, LE16 7DW£325,000£310,000-£15,00030 May 202402 Aug 202464 Days
26 Eastgate, Hallaton, Market Harborough, Leicestershire, LE16 8UB£325,000£322,500-£2,50028 Mar 202429 Jul 2024123 Days
3 Logan Street, Market Harborough, Leicestershire, LE16 9AW£275,000£270,000-£5,00016 Jul 202422 Jul 20246 Days
The Hollies, Clarke Street, Market Harborough, Leicestershire, LE16 9AD£350,000£340,000-£10,00007 Sep 202315 Jul 2024312 Days
55 Welland Park Road, Market Harborough, Leicestershire, LE16 9DN£215,000£215,000£0008 Feb 202412 Jul 2024155 Days
18a, The Lealand, East Farndon, Market Harborough, West Northamptonshire, LE16 9SQ£425,000£390,000-£35,00002 Apr 202405 Jul 202494 Days
Hillside, Kelmarsh Road, Clipston, Market Harborough, West Northamptonshire, LE16 9RX£550,000£525,000-£25,00001 Mar 202403 Jul 2024124 Days
56 Hammond Way, Market Harborough, Leicestershire, LE16 7JP£240,000£230,000-£10,00013 Mar 202428 Jun 2024107 Days
18 Selby Close, Market Harborough, Leicestershire, LE16 9NF£325,000£312,500-£12,50007 Nov 202328 Jun 2024234 Days
96 The Headlands, Market Harborough, Leicestershire, LE16 7DL£397,000£392,000-£5,00016 Feb 202428 Jun 2024133 Days
1 Dingley Terrace, Market Harborough, Leicestershire, LE16 7NQ£360,000£355,000-£5,00017 Jan 202426 Jun 2024161 Days
23 Long Brimley Close, Market Harborough, Leicestershire, LE16 7XJ£450,000£435,000-£15,00012 Jan 202426 Jun 2024166 Days
18 Welland Park Road, Market Harborough, Leicestershire, LE16 9DR£350,000£350,000£0025 Jan 202414 Jun 2024141 Days
12 Simborough Way, Market Harborough, Leicestershire, LE16 7XS£385,000£377,500-£7,50006 Feb 202414 Jun 2024129 Days
11 Highcross Street, Market Harborough, Leicestershire, LE16 9AJ£210,000£205,000-£5,00005 Mar 202406 Jun 202493 Days
14 The Gardens, East Carlton, Market Harborough, North Northamptonshire, LE16 8YG£500,000£465,000-£35,00013 Jul 202331 May 2024323 Days
60 Caxton Street, Market Harborough, Leicestershire, LE16 9ER£200,000£178,000-£22,00011 Aug 202331 May 2024294 Days
9 Harborough Road, Dingley, Market Harborough, North Northamptonshire, LE16 8PQ£350,000£310,000-£40,00005 Jun 202331 May 2024361 Days
Flat 47, Marshall Court, Northampton Road, Market Harborough, Leicestershire, LE16 9HZ£85,000£84,000-£1,00017 Nov 202331 May 2024196 Days

Most Expensive Streets in LE16 (Market Harborough)

PostcodeStreetAreaAverageNo. of Sales
LE16 7TSMain Street, Thorpe LangtonMarket Harborough£1,060,8333
LE16 7SZStonton Road, Church LangtonMarket Harborough£971,6663
LE16 8EEWaterfall Way, MedbourneMarket Harborough£923,3333
LE16 7HWSutton Road, Great BowdenMarket Harborough£897,5004
LE16 7ETDingley Road, Great BowdenMarket Harborough£883,3333
LE16 8HSThe Green, Weston By WellandMarket Harborough£868,2504
LE16 8DWDrayton Road, MedbourneMarket Harborough£860,0735
LE16 8JDButlers Yard, Weston By WellandMarket Harborough£846,9647
LE16 7TBBack Lane, East LangtonMarket Harborough£830,0004
LE16 9SJMain Street, East FarndonMarket Harborough£807,2857

Least Expensive Streets in LE16 (Market Harborough)

PostcodeStreetAreaAverageNo. of Sales
LE16 8FFEdwin Court, Kettering RoadMarket Harborough£86,1663
LE16 9EDStamford CloseMarket Harborough£86,8005
LE16 9HZMarshall Court, Northampton RoadMarket Harborough£102,10823
LE16 7LTAdam & Eve StreetMarket Harborough£103,0005
LE16 7BTHomewelland House, Leicester RoadMarket Harborough£110,0689
LE16 7BESturgis RoadMarket Harborough£110,5163
LE16 9AZAdmiral CourtMarket Harborough£123,3163
LE16 7DTSt Marys RoadMarket Harborough£143,13611
LE16 9BHNorbury CloseMarket Harborough£154,7504
LE16 7APPegasus Court, Leicester RoadMarket Harborough£159,6666

Explore LE16 (Market Harborough) using map

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