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Market Harborough House Prices Market Harborough House Prices

The average house price in Market Harborough is £309,539 using HM Land Registry data.

The average property price increased by £95,253 (33.96%) over the last 5 years and increased by £19,037 (5.34%) over the last 12 months.

Over the last year, there were 336 residential property sales – a decrease of 225 transactions (-66.96%) relative to the previous year. The majority of house sales (73) were in the £250,000 - £320,000 range. Then came properties in the £180,000 - £250,000 range, where 68 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 57 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,478 (-2%).

In April 2024, there were 95 new estate agency instructions, 44 agreed home sales and 40 property price reductions.

Postcodes Covered: LE16

5-Year Average Property Prices in Market Harborough

33.96%

Property prices in Market Harborough increased by 33.96% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Market Harborough Over the Last Year

5.34%

Property prices in Market Harborough increased by 5.34% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Market Harborough - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Market Harborough

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Market Harborough

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Market Harborough

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Market Harborough since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Market Harborough area since 1995.

Recent Property Sales in Market Harborough

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
94 Logan Street, Market Harborough, Leicestershire, LE16 9AR£225,000£74,925-£150,07531 Aug 202308 Mar 2024190 Days
24 Fern Ley Close, Market Harborough, Leicestershire, LE16 8FY£725,000£700,000-£25,00017 Nov 202323 Feb 202498 Days
22 Audley Close, Market Harborough, Leicestershire, LE16 8ER£435,000£420,000-£15,00014 Nov 202323 Feb 2024101 Days
9 The Ridgeway, Market Harborough, Leicestershire, LE16 7HG£375,000£360,000-£15,00024 Oct 202322 Feb 2024121 Days
47 The Broadway, Market Harborough, Leicestershire, LE16 7NA£300,000£300,000£0008 Nov 202314 Feb 202498 Days
17 Farndale View, Market Harborough, Leicestershire, LE16 9FA£595,000£575,000-£20,00029 Aug 202314 Feb 2024169 Days
20 Cromwell Crescent, Market Harborough, Leicestershire, LE16 9JP£550,000£535,000-£15,00018 Aug 202305 Feb 2024171 Days
14 Willow Crescent, Market Harborough, Leicestershire, LE16 9DT£350,000£345,000-£5,00007 Sep 202305 Feb 2024151 Days
13 Deene Close, Market Harborough, Leicestershire, LE16 8BP£260,000£255,000-£5,00017 Oct 202301 Feb 2024107 Days
257 Welland Park Road, Market Harborough, Leicestershire, LE16 9DP£500,000£477,500-£22,50013 Jun 202312 Jan 2024213 Days
18 Orchard Street, Market Harborough, Leicestershire, LE16 7LA£229,950£226,500-£3,45031 May 202311 Jan 2024225 Days
14 Petworth Drive, Market Harborough, Leicestershire, LE16 8JP£250,000£250,000£0012 Jun 202320 Dec 2023191 Days
13 Alvington Way, Market Harborough, Leicestershire, LE16 7NF£575,000£545,000-£30,00010 Jul 202320 Dec 2023163 Days
2 Meadow Street, Market Harborough, Leicestershire, LE16 7JZ£200,000£185,000-£15,00030 Jun 202320 Dec 2023173 Days
6 Cross Street, Market Harborough, Leicestershire, LE16 9ES£269,950£258,500-£11,45004 Aug 202315 Dec 2023133 Days
17 Ryelands Close, Market Harborough, Leicestershire, LE16 7XE£400,000£400,000£0002 Sep 202315 Dec 2023104 Days
22 Freshman Way, Market Harborough, Leicestershire, LE16 9GN£340,000£332,500-£7,50012 Jun 202313 Dec 2023184 Days
2 Russet Close, Market Harborough, Leicestershire, LE16 7JA£325,000£290,000-£35,00007 Sep 202308 Dec 202392 Days
20 Ryelands Close, Market Harborough, Leicestershire, LE16 7XE£395,000£385,000-£10,00024 Mar 202308 Dec 2023259 Days
24 Caxton Street, Market Harborough, Leicestershire, LE16 9ER£260,000£252,000-£8,00015 Sep 202307 Dec 202383 Days

Most Expensive Streets in Market Harborough

PostcodeStreetAreaAverageNo. of Sales
LE16 7BWThe WoodlandsMarket Harborough£737,30010
LE16 7JGBurnmill RoadMarket Harborough£710,0006
LE16 9DGLubenham HillMarket Harborough£664,0005
LE16 8GGPage RoadMarket Harborough£620,5006
LE16 7NTBates CloseMarket Harborough£588,3333
LE16 9QUNorthleigh GroveMarket Harborough£578,6663
LE16 8AYScotland RoadMarket Harborough£572,8336
LE16 9FEMillers GardensMarket Harborough£565,8333
LE16 9FAFarndale ViewMarket Harborough£542,7504
LE16 7JFBurnmill RoadMarket Harborough£522,64214

Least Expensive Streets in Market Harborough

PostcodeStreetAreaAverageNo. of Sales
LE16 9EDStamford CloseMarket Harborough£89,7504
LE16 9HZMarshall CourtNorthampton Road£103,75022
LE16 7BTHomewelland HouseLeicester Road£103,9579
LE16 7LTAdam & Eve StreetMarket Harborough£105,0006
LE16 7BESturgis RoadMarket Harborough£110,5163
LE16 9AZAdmiral CourtMarket Harborough£123,3163
LE16 7DTSt Marys RoadMarket Harborough£148,6669
LE16 9BHNorbury CloseMarket Harborough£151,4005
LE16 9GRMedora CloseMarket Harborough£161,4833
LE16 7NLPaddock CourtHigh Street, Market Harborough£162,5003

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