FREEPHONE 0800 044 3733 Lines Open 24/7
FREE Cash Offer CALL US on FREEPHONE0800 044 3733
You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in LE16

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

The average house price in LE16 (Market Harborough) is £462,285 using HM Land Registry data.

The average property price increased by £103,703 (10.5%) over the last 5 years and increased by £20,731 (1.77%) over the last 12 months.

Over the last year, there were 486 residential property sales – a decrease of 252 transactions (-51.85%) relative to the previous year. The majority of house sales (133) were in the £200,000 - £302,000 range. Then came properties in the £302,000 - £404,000 range, where 116 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 62 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,478 (-2%).

In June 2024, there were 134 new estate agency instructions, 66 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) - June 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 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
35 Northleigh Grove, Market Harborough, Leicestershire, LE16 9QU£385,000£375,000-£10,00018 Dec 202317 May 2024151 Days
63 Berryfield Road, Cottingham, Market Harborough, North Northamptonshire, LE16 8XD£220,000£213,000-£7,00023 Oct 202310 May 2024200 Days
29 Symington Way, Market Harborough, Leicestershire, LE16 7XA£235,000£235,000£0009 Nov 202303 May 2024176 Days
4 Burford Close, Market Harborough, Leicestershire, LE16 9LF£350,000£350,000£0003 Jan 202403 May 2024121 Days
1 Gores Lane, Market Harborough, Leicestershire, LE16 8AJ£400,000£400,000£0008 Jan 202426 Apr 2024109 Days
11 Welland Avenue, Gartree, Market Harborough, Leicestershire, LE16 7RN£250,000£245,000-£5,00008 Feb 202419 Apr 202471 Days
9 Symington Way, Market Harborough, Leicestershire, LE16 7XA£185,000£175,000-£10,00004 Jul 202312 Apr 2024283 Days
Flat 23, Marshall Court, Northampton Road, Market Harborough, Leicestershire, LE16 9HZ£85,000£80,000-£5,00026 Dec 202312 Apr 2024108 Days
10 Haddonian Road, Market Harborough, Leicestershire, LE16 9GD£450,000£435,000-£15,00021 Nov 202312 Apr 2024143 Days
101 Coventry Road, Market Harborough, Leicestershire, LE16 9BX£400,000£395,000-£5,00026 Dec 202311 Apr 2024107 Days
145 Northampton Road, Market Harborough, Leicestershire, LE16 9HD£490,000£465,000-£25,00031 Aug 202302 Apr 2024215 Days
13 Ripley Road, Cottingham, Market Harborough, North Northamptonshire, LE16 8XQ£425,000£410,000-£15,00021 Nov 202328 Mar 2024128 Days
19 Pear Tree Gardens, Market Harborough, Leicestershire, LE16 9QA£220,000£215,000-£5,00011 Dec 202328 Mar 2024108 Days
66 Western Avenue, Market Harborough, Leicestershire, LE16 9PW£315,000£260,000-£55,00027 Nov 202327 Mar 2024121 Days
25 Fairfield Road, Market Harborough, Leicestershire, LE16 9QH£319,950£305,000-£14,95026 Sep 202326 Mar 2024182 Days
18 Picks Close, Market Harborough, Leicestershire, LE16 7XP£365,000£360,000-£5,00030 Oct 202322 Mar 2024144 Days
31 Hearth Street, Market Harborough, Leicestershire, LE16 9AQ£240,000£230,000-£10,00018 Aug 202318 Mar 2024213 Days
94 Logan Street, Market Harborough, Leicestershire, LE16 9AR£225,000£74,925-£150,07531 Aug 202308 Mar 2024190 Days
2 Hopton Fields, Market Harborough, Leicestershire, LE16 9LB£365,000£350,000-£15,00021 Apr 202306 Mar 2024320 Days
2 Flaxland Close, Market Harborough, Leicestershire, LE16 8EY£520,000£500,000-£20,00018 Aug 202301 Mar 2024196 Days

Most Expensive Streets in LE16 (Market Harborough)

PostcodeStreetAreaAverageNo. of Sales
LE16 7TSMain Street, Thorpe LangtonMarket Harborough£1,060,8333
LE16 8DWDrayton Road, MedbourneMarket Harborough£984,5924
LE16 7SZStonton Road, Church LangtonMarket Harborough£971,6663
LE16 8EEWaterfall Way, MedbourneMarket Harborough£923,3333
LE16 7HWSutton Road, Great BowdenMarket Harborough£897,5004
LE16 8SGBarnsdale, Great EastonMarket Harborough£877,7506
LE16 8HSThe Green, Weston By WellandMarket Harborough£868,2504
LE16 8DPDrayton Road, MedbourneMarket Harborough£858,0004
LE16 8JDButlers Yard, Weston By WellandMarket Harborough£846,9647
LE16 7ETDingley Road, Great BowdenMarket Harborough£832,5004

Least Expensive Streets in LE16 (Market Harborough)

PostcodeStreetAreaAverageNo. of Sales
LE16 9EDStamford CloseMarket Harborough£86,8005
LE16 9HZMarshall Court, Northampton RoadMarket Harborough£102,71723
LE16 7LTAdam & Eve StreetMarket Harborough£105,0006
LE16 7BTHomewelland House, Leicester RoadMarket Harborough£106,06110
LE16 7BESturgis RoadMarket Harborough£110,5163
LE16 9AZAdmiral CourtMarket Harborough£123,3163
LE16 7DTSt Marys RoadMarket Harborough£148,6669
LE16 9BHNorbury CloseMarket Harborough£151,4005
LE16 7APPegasus Court, Leicester RoadMarket Harborough£155,7147
LE16 9GRMedora CloseMarket Harborough£161,4833

Explore LE16 (Market Harborough) using map

Sell Your
House Fast
Property Auctions Leicestershire
Property Auctions Leicestershire
We Buy
Any House
House
Valuation
Tools

Selling?
Get Your FREE
House Valuation Report

Office for National Statistics & Land Registry

We Are Regulated:

Property Ombudsman
Gov.UK Money Laundering Regulations
Trading Standards Approved
National Association of Property Buyers (NAPB)
ICO Registered
NAEA PropertyMark