LE16 7LW is a residential postcode located on Marlborough Way, Market Harborough, LE16. It is the 507th largest postcode in the LE16 area.
It contains 12 houses and 3 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £274,404. Sales values have increased in the last 12 months by 0.6% and Rental values have increased by 3.8%.
Property sale values range from £259,084 for a freehold house, with 2 bedrooms split across 527 square feet of gross internal area and has a garden to £387,759 for a freehold house, with 3 bedrooms split across 1,141 square feet of gross internal area and has a garden.
Average £/ft2 for properties in LE16 7LW is £459/ft2.
Properties achieve a rental yield of between 4.7% and 5.2%, and rental values range from £1,131 to £1,534 per month.
The last sale was 23 Oct 2023 for £250,000 and since then the market in the area has increased by 1.5%. The postcode has had a total of 4 sales since 1995.
LE16 7LW has seen 4 sales in the last three years and 1 sale in the last twelve months.
LE16 7LW is the 507th largest and the 231st most expensive postcode out of the 978 postcodes in the LE16 area.
LE16 7LW is the 507th largest and the 231st most expensive postcode out of the 978 postcodes in the LE16 area.
LE16 7LW is a residential postcode located on Marlborough Way, Market Harborough, LE16 with 12 houses and 3 unknown within its bounds.
The most common property type in LE16 7LW is a mid-century house built between 1936 and 1979.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to LE16 7LW is Market Harborough station which is 1.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around LE16 7LW, 45.3% of property is privately owned outright and 41.4% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around LE16 7LW, 17.1% of residents are recorded as possessing school level qualifications and 41.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around LE16 7LW, the average age was 43.4 and the most common age was 52.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around LE16 7LW, 1.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around LE16 7LW, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.