According to the public record, Herons Reach, Market Harborough is a modern freehold house with 2,690 ft2 of internal area and sits on a 1,709 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Back Lane, East Langton, Market Harborough, LE16 is located in the borough of Harborough within the LE16 postal district.
Herons Reach, Market Harborough has 21 entries in the Land Registry database, most recently in May 2022 and a single entry in the EPC database dated November 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Herons Reach Market Harborough as £1,039,958 and the rental value as £3,064 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of Herons Reach Market Harborough has decreased by £3,336 (0.3%) and its rental value has increased by £87 per month (2.8%).
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 Herons Reach, Market Harborough is in very good condition we estimate a sale value of £1,091,956 and rental value of £3,218 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £967,161 and a rental value of £2,850 per month.
If you were able to purchase this property for the estimated value of £1,039,958, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,111 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 data from HM Land Registry, Herons Reach, Market Harborough sits on a plot of 1709m2.
We have plot size data on 16 out of 21 other houses in the postcode and Herons Reach, Market Harborough sits on the 6th largest plot.
According to HM Land Registry, Herons Reach, Market Harborough was last sold on 20 May 2022 for £1,100,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2022, the market for similar properties has dropped 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Herons Reach, Market Harborough within a radius of 3.9 kilometres over the last 2 years.
The most recent example is 6, Langdale, Market Harborough, LE16 7FU, a Freehold house which sold for £900,000 in Sep 2023.
Read more about house prices in LE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Back Lane, East Langton, Market Harborough, LE16 has a total of 24 addresses. According to our analysis of all the public data, Herons Reach, Market Harborough is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £661k more expensive than the average property in LE16.
Herons Reach, Market Harborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Herons Reach, Market Harborough is Market Harborough station which is 5.1 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 Herons Reach, Market Harborough, 41.4% of property is privately owned with a mortgage and 40.7% is privately owned outright.
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 Herons Reach, Market Harborough, 13.4% of residents are recorded as possessing school level qualifications and 45.7% 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 Herons Reach, Market Harborough, the average age was 43.8 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 Herons Reach, Market Harborough, 2.1% 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 Herons Reach, Market Harborough, there are an average of 1.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.