According to the public record, 8, The Lane, Market Harborough is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,366 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
The Lane, Weston By Welland, Market Harborough, LE16 is located within the LE16 postal district.
8, The Lane, Market Harborough has 31 entries in the Land Registry database, most recently in May 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 The Lane Market Harborough as £626,390 and the rental value as £1,837 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 8 The Lane Market Harborough has increased by £1,799 (0.3%) and its rental value has increased by £74 per month (4.0%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 8, The Lane, Market Harborough is in very good condition we estimate a sale value of £657,710 and rental value of £1,929 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £582,543 and a rental value of £1,708 per month.
If you were able to purchase this property for the estimated value of £626,390, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,079 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 8, The Lane, Market Harborough was last sold on 01 May 2008 for £400,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2008, the market for similar properties has risen 70.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, The Lane, Market Harborough within a radius of 5.0 kilometres over the last 2 years.
The most recent example is 1, The Lane, Market Harborough, LE16 8HU, a Freehold house which sold for £630,000 in Mar 2023.
Read more about house prices in LE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Lane, Weston By Welland, Market Harborough, LE16 has a total of 9 addresses. According to our analysis of all the public data, 8, The Lane, Market Harborough is the 6th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £247k more expensive than the average property in LE16.
The closest station to 8, The Lane, Market Harborough is Market Harborough station which is 5.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, The Lane, Market Harborough, 44.6% of property is privately owned outright and 28.6% 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 8, The Lane, Market Harborough, 16.9% of residents are recorded as possessing school level qualifications and 29.9% 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 8, The Lane, Market Harborough, the average age was 47.2 and the most common age was 57.
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 8, The Lane, Market Harborough, 0.7% 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 8, The Lane, Market Harborough, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.