Park Drive - LE16 7BB
Key Postcode Insights
LE16 7BB is a residential postcode situated on Park Drive, Market Harborough, LE16 with 30 addresses.
It ranks as the 734th largest and 148th most expensive of the 975 postcodes in the LE16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 30 properties: 30 houses.
- Ave. Sale Price
- £274,312
- 10 Year change
- up 35.4%
- Ave. Rental Price
- £1,187pcm
- 10 Year change
- up 58.2%
- Ave. £ per ft²
- £437/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Key Postcode Insights
LE16 7BB is a residential postcode situated on Park Drive, Market Harborough, LE16 with 30 addresses.
It ranks as the 734th largest and 148th most expensive of the 975 postcodes in the LE16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 30 properties: 30 houses.
- Ave. Sale Price
- £274,312
- 10 Year change
- up 35.4%
- Ave. Rental Price
- £1,187pcm
- 10 Year change
- up 58.2%
- Ave. £ per ft²
- £437/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Explore Propertiesin LE16 7BB
- 1 Park Drive
House
- 3 Park Drive
House
- 5 Park Drive
2 Bed Mid-century House
- 7 Park Drive
House
- 17 Park Drive
2 Bed Mid-century House
Sales Market Trends
The last sale in LE16 7BB sold for £580,000 on 19th May 2025. Since then prices are down an average of 1.1%.
The current average value in the postcode is £274,312.
The LE16 7BB Sales Market has increased by 35.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.5% | £274,312 |
| June 2025 | 0.3% | £278,546 |
| June 2024 | -0.2% | £277,638 |
| June 2023 | 3.2% | £278,262 |
| June 2022 | 8.6% | £269,509 |
| June 2021 | 8.9% | £248,081 |
| June 2020 | -1.5% | £227,731 |
| June 2019 | 0.2% | £231,200 |
| June 2018 | 6.8% | £230,844 |
| June 2017 | 6.7% | £216,145 |
| June 2016 | 8.7% | £202,651 |
| June 2015 | 8.7% | £186,373 |
| June 2014 | 8.5% | £171,388 |
| June 2013 | 3.7% | £157,960 |
| June 2012 | 4% | £152,334 |
| June 2011 | -3.6% | £146,457 |
| June 2010 | 5.5% | £152,004 |
| June 2009 | -13.2% | £144,139 |
| June 2008 | -2.7% | £166,118 |
| June 2007 | 0% | £170,756 |
Rental Market Trends
The current average rental value in the postcode is £1,187.
The LE16 7BB Rental Market has increased by 58.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £1,187pcm |
| June 2025 | 4.8% | £1,158pcm |
| June 2024 | 6.3% | £1,105pcm |
| June 2023 | 6.6% | £1,040pcm |
| June 2022 | 8.7% | £975pcm |
| June 2021 | 7.6% | £897pcm |
| June 2020 | 0.5% | £833pcm |
| June 2019 | 2.6% | £829pcm |
| June 2018 | 4% | £808pcm |
| June 2017 | 3.6% | £777pcm |
| June 2016 | 5.8% | £750pcm |
| June 2015 | 5.3% | £708pcm |
| June 2014 | 2.6% | £673pcm |
| June 2013 | 3.3% | £656pcm |
| June 2012 | 2.5% | £635pcm |
| June 2011 | 0.6% | £620pcm |
| June 2010 | 1.4% | £616pcm |
| June 2009 | -7% | £607pcm |
| June 2008 | 5.4% | £653pcm |
| June 2007 | 0% | £620pcm |
Sales History
The last sale was on 19th May 2025 for £580,000 and since then the market in the area has decreased by 1.1%. The postcode has had a total of 46 sales since 1995.
LE16 7BB has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold May 2025£580,000 | 3 Bed House65, Park Drive, Market Harborough, LE16 7BB65, Park Drive, Market Harborough, LE16 7BB
- Sold Aug 2024£240,000 | 2 Bed House29, Park Drive, Market Harborough, LE16 7BB29, Park Drive, Market Harborough, LE16 7BB
- Sold Jul 2024£220,000 | 2 Bed House19, Park Drive, Market Harborough, LE16 7BB19, Park Drive, Market Harborough, LE16 7BB
- Sold Nov 2022£335,000 | 2 Bed House33, Park Drive, Market Harborough, LE16 7BB33, Park Drive, Market Harborough, LE16 7BB
- Sold Nov 2021£310,000 | 3 Bed House47, Park Drive, Market Harborough, LE16 7BB47, Park Drive, Market Harborough, LE16 7BB
Nearby Postcodes
LE16 7BB is the 734th largest and the 148th most expensive postcode out of the 975 postcodes in the LE16 area.
- LE16 7BT, Leicester Road, Market Harborough, LE16LE16 7BT45 Addresses|78 m away
- LE16 7BD, Park Drive, Market Harborough, LE16LE16 7BD18 Addresses|92 m away
- LE16 7AS, Birtley Coppice, Market Harborough, LE16LE16 7AS7 Addresses|101 m away
- LE16 7BS, Park Drive, Market Harborough, LE16LE16 7BS21 Addresses|108 m away
- LE16 7BU, Poplars Court, Market Harborough, LE16LE16 7BU12 Addresses|119 m away
Property Types
- 21 mid-century houses built between 1936 and 1979
- 3 early-century houses built between 1912 and 1935
- 6 other addresses of unknown type
- mid-century house (21)
- early-century house (3)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 24 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (1)
- F (0)
- C (5)
- G (0)
- D (17)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold May 2025£580,000 | 3 Bed House65, Park Drive, Market Harborough, LE16 7BB65, Park Drive, Market Harborough, LE16 7BB
- Sold Mar 2025£430,000 | 3 Bed FlatFlat 6, Park House, Park Drive, Market Harborough, LE16 7BSFlat 6, Park House, Park Drive, Market Harborough, LE16 7BS
- Sold Oct 2023£415,000 | 3 Bed FlatFlat 8, Park House, Park Drive, Market Harborough, LE16 7BSFlat 8, Park House, Park Drive, Market Harborough, LE16 7BS
Schools Nearby
- Market Harborough Church of England Academy400 m away
- St Joseph's Catholic Voluntary Academy700 m away
- Ridgeway Primary Academy800 m away
- The Robert Smyth Academy300 m away
- Welland Park Academy1.1 km away
- Kibworth Mead Academy7.3 km away
More reading links
Public Transport Nearby
The closest station to LE16 7BB is Market Harborough station, which is 1.2 kilometres away.
- Market Harborough|1.2 km away
- Corby|16.0 km away
- Kettering|16.6 km away
- South Wigston|17.8 km away
