Key indicators for buyers
The LE16 market is moderately favourable for buyers. Prices have softened (-4.3%), which could present a buying opportunity. Affordability has improved from a peak of 11.2x in 2022 to 10.4x today.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Harborough area
A home in Harborough costs 10.4x the local median salary — very stretched, improving from a peak of 11.2x in 2022.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Harborough area
Average monthly rent in Harborough is £958, up 1.8% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Harborough price of £380,000 with a 25% deposit (£95k), a 2-year fixed mortgage at 3.97% costs around £1,500 per month.
Monthly cost comparison based on current data
Uses LE16 avg. price with Harborough rental data
Monthly mortgage payments (£1,500) are £542 more than renting (£958). However, buying requires an upfront deposit of £95k — it would take around 22 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
45, MAIN STREET, DRAYTON LE16 8SD | Detached | £640,000 | 23 Jan 2026 |
25, CLARENCE STREET LE16 7NE | Terraced | £205,000 | 21 Jan 2026 |
64, ARDEN WAY LE16 7DD | Semi-detached | £290,000 | 21 Jan 2026 |
42, BURNMILL ROAD LE16 7JF | Detached | £310,000 | 9 Jan 2026 |
43, KINGSTON WAY LE16 7XB | Detached | £490,000 | 9 Jan 2026 |
24, BRADFORD STREET LE16 9FJ | Detached | £415,000 | 9 Jan 2026 |
69, MEADOW STREET LE16 7JY | Semi-detached | £350,000 |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in LE16 sold for £380,000 in 2026, with a median of £360,000 across 10 transactions. Prices fell 4.3% compared to the previous year.
| 7 Jan 2026 |
43, IRETON ROAD LE16 9NU | Detached | £370,000 | 6 Jan 2026 |
6, LAUNDE PARK LE16 8BH | Terraced | £275,000 | 6 Jan 2026 |
5, LORD CLOSE LE16 7FT | Detached | £455,000 | 5 Jan 2026 |
23, OLD SCHOOL MEWS LE16 9PZ | Semi-detached | £425,000 | 19 Dec 2025 |
8, BUTLER GARDENS LE16 9LY | Detached | £375,000 | 19 Dec 2025 |
1, PETWORTH DRIVE LE16 8JP | Detached | £389,000 | 19 Dec 2025 |
108, ANGELL DRIVE LE16 9JE | Terraced | £250,000 | 19 Dec 2025 |
12, PATRICK STREET LE16 9HP | Terraced | £268,000 | 19 Dec 2025 |
10, BRAMLEY CLOSE LE16 7PJ | Semi-detached | £237,500 | 19 Dec 2025 |
12, RUSHTON ROAD, WILBARSTON LE16 8QL | Terraced | £305,000 | 19 Dec 2025 |
3, FORESTER CLOSE LE16 9JA | Detached | £415,000 | 19 Dec 2025 |
THE TACK ROOM, WEST LANGTON HALL, WEST LANGTON ROAD, WEST LANGTON LE16 7TY | Semi-detached | £460,000 | 19 Dec 2025 |
33, BATH STREET LE16 9EJ | Terraced | £233,000 | 18 Dec 2025 |
The most recent recorded sale in LE16 was a detached property on Main Street for £640,000 in January 2026. Across the last 20 sales, the median price was £370,000.