Key indicators for buyers
The LE15 market is moderately favourable for buyers. Prices have softened (-18.8%), which could present a buying opportunity. Affordability has improved from a peak of 10.3x in 2015 to 8.8x today. Rising rents (£969/mo, +7.4%) mean the cost of waiting is real.
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 Rutland area
A home in Rutland costs 8.8x the local median salary — stretched, improving from a peak of 10.3x in 2015.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Rutland area
Average monthly rent in Rutland is £969, up 7.4% 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 Rutland price of £343,571 with a 25% deposit (£86k), a 2-year fixed mortgage at 3.97% costs around £1,356 per month.
Monthly cost comparison based on current data
Uses LE15 avg. price with Rutland rental data
Monthly mortgage payments (£1,356) are £387 more than renting (£969). However, buying requires an upfront deposit of £86k — it would take around 17 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
6, NENE CRESCENT LE15 6SG | Detached | £345,000 | 20 Jan 2026 |
1, CHESTNUT CLOSE, UPPINGHAM LE15 9TQ | Detached | £468,000 | 16 Jan 2026 |
11, THE LODGE STABLES, BURLEY ROAD LE15 6DH | Flat/Maisonette | £159,000 | 14 Jan 2026 |
4, LADYWELL LE15 6DD | Semi-detached | £158,000 | 9 Jan 2026 |
26, STUD ROAD, BARLEYTHORPE LE15 7GD | Detached | £485,000 | 9 Jan 2026 |
6, WHEATLEY AVENUE, UPPINGHAM LE15 9SN | Terraced | £245,000 | 8 Jan 2026 |
2, SCHOOL LANE, EMPINGHAM LE15 8PQ | Detached |
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 LE15 sold for £343,571 in 2026, with a median of £345,000 across 7 transactions. Prices fell 18.8% compared to the previous year.
| £545,000 |
| 2 Jan 2026 |
30, PENN STREET LE15 6BB | Terraced | £232,500 | 19 Dec 2025 |
5, WINDERMERE ROAD, EDITH WESTON LE15 8HT | Semi-detached | £250,000 | 19 Dec 2025 |
5, GRETTON STREET, BARLEYTHORPE LE15 7UU | Semi-detached | £310,000 | 19 Dec 2025 |
35, WESTLAND ROAD, COTTESMORE LE15 7DS | Detached | £322,500 | 19 Dec 2025 |
12, WILLIAM DALBY WALK LE15 6BP | Semi-detached | £230,000 | 19 Dec 2025 |
BLOWS COTTAGE, MAIN STREET, CLIPSHAM LE15 7SH | Detached | £646,675 | 19 Dec 2025 |
WESTFIELDS, BIDWELL LANE, CLIPSHAM LE15 7WQ | Detached | £995,000 | 19 Dec 2025 |
4, BLACKBERRY CLOSE, BARLEYTHORPE LE15 7UL | Terraced | £235,000 | 19 Dec 2025 |
1, CRESSWELL DRIVE, COTTESMORE LE15 7DY | Semi-detached | £249,000 | 18 Dec 2025 |
23, AYSTON ROAD, UPPINGHAM LE15 9RL | Terraced | £413,500 | 17 Dec 2025 |
3, BROOKE CLOSE LE15 6GD | Detached | £740,000 | 17 Dec 2025 |
3, CHAPMAN PLACE, UPPINGHAM LE15 9EA | Detached | £530,000 | 17 Dec 2025 |
27, AYSTON ROAD, UPPINGHAM LE15 9RL | Terraced | £225,000 | 17 Dec 2025 |
The most recent recorded sale in LE15 was a detached property on Nene Crescent for £345,000 in January 2026. Across the last 20 sales, the median price was £322,500.