Park Drive - LE16 7BD
Key Postcode Insights
LE16 7BD is a residential postcode situated on Park Drive, Market Harborough, LE16 with 18 addresses.
It ranks as the 544th largest and 304th 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 18 properties: 18 houses.
- Ave. Sale Price
- £322,477
- 10 Year change
- up 33.5%
- Ave. Rental Price
- £1,257pcm
- 10 Year change
- up 56.1%
- Ave. £ per ft²
- £441/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Key Postcode Insights
LE16 7BD is a residential postcode situated on Park Drive, Market Harborough, LE16 with 18 addresses.
It ranks as the 544th largest and 304th 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 18 properties: 18 houses.
- Ave. Sale Price
- £322,477
- 10 Year change
- up 33.5%
- Ave. Rental Price
- £1,257pcm
- 10 Year change
- up 56.1%
- Ave. £ per ft²
- £441/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Explore Propertiesin LE16 7BD
- 2 Park Drive
2 Bed Mid-century House
- 4 Park Drive
2 Bed Mid-century House
- 6 Park Drive
2 Bed Mid-century House
- 8 Park Drive
House
- 10 Park Drive
2 Bed Mid-century House
Sales Market Trends
The last sale in LE16 7BD sold for £350,000 on 5th January 2023. Since then prices are down an average of 0.9%.
The current average value in the postcode is £322,477.
The LE16 7BD Sales Market has increased by 33.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.6% | £322,477 |
| June 2025 | 0.5% | £327,854 |
| June 2024 | -0.2% | £326,320 |
| June 2023 | 3.3% | £326,964 |
| June 2022 | 7.9% | £316,572 |
| June 2021 | 8.8% | £293,362 |
| June 2020 | -1.4% | £269,695 |
| June 2019 | 0.1% | £273,557 |
| June 2018 | 6.6% | £273,380 |
| June 2017 | 6.2% | £256,392 |
| June 2016 | 8.6% | £241,531 |
| June 2015 | 8.5% | £222,329 |
| June 2014 | 8.6% | £204,917 |
| June 2013 | 3.5% | £188,760 |
| June 2012 | 4% | £182,393 |
| June 2011 | -3.5% | £175,341 |
| June 2010 | 6.3% | £181,735 |
| June 2009 | -12.6% | £170,928 |
| June 2008 | -3% | £195,481 |
| June 2007 | 0% | £201,526 |
Rental Market Trends
The current average rental value in the postcode is £1,257.
The LE16 7BD Rental Market has increased by 56.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £1,257pcm |
| June 2025 | 4.9% | £1,229pcm |
| June 2024 | 6.3% | £1,171pcm |
| June 2023 | 6.7% | £1,101pcm |
| June 2022 | 8% | £1,032pcm |
| June 2021 | 7.5% | £956pcm |
| June 2020 | 0.6% | £889pcm |
| June 2019 | 2.6% | £884pcm |
| June 2018 | 3.8% | £862pcm |
| June 2017 | 3.1% | £830pcm |
| June 2016 | 5.8% | £806pcm |
| June 2015 | 5.1% | £762pcm |
| June 2014 | 2.6% | £725pcm |
| June 2013 | 3.1% | £706pcm |
| June 2012 | 2.5% | £685pcm |
| June 2011 | 0.8% | £669pcm |
| June 2010 | 2.2% | £663pcm |
| June 2009 | -6.2% | £649pcm |
| June 2008 | 5.1% | £692pcm |
| June 2007 | 0% | £659pcm |
Sales History
The last sale was on 5th January 2023 for £350,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 32 sales since 1995.
LE16 7BD has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jan 2023£350,000 | 2 Bed House14, Park Drive, Market Harborough, LE16 7BD14, Park Drive, Market Harborough, LE16 7BD
- Sold Aug 2022£260,000 | 2 Bed House4, Park Drive, Market Harborough, LE16 7BD4, Park Drive, Market Harborough, LE16 7BD
- Sold Mar 2022£255,000 | 2 Bed House44, Park Drive, Market Harborough, LE16 7BD44, Park Drive, Market Harborough, LE16 7BD
- Sold Sep 2020£380,000 | 4 Bed House36A, Park Drive, Market Harborough, LE16 7BD36A, Park Drive, Market Harborough, LE16 7BD
- Sold Mar 2020£239,000 | 2 Bed House42, Park Drive, Market Harborough, LE16 7BD42, Park Drive, Market Harborough, LE16 7BD
Nearby Postcodes
LE16 7BD is the 544th largest and the 304th most expensive postcode out of the 975 postcodes in the LE16 area.
- LE16 7BS, Park Drive, Market Harborough, LE16LE16 7BS21 Addresses|48 m away
- LE16 7BU, Poplars Court, Market Harborough, LE16LE16 7BU12 Addresses|69 m away
- LE16 7AT, Holly Close, Market Harborough, LE16LE16 7AT11 Addresses|77 m away
- LE16 7BB, Park Drive, Market Harborough, LE16LE16 7BB30 Addresses|92 m away
- LE16 7BT, Leicester Road, Market Harborough, LE16LE16 7BT45 Addresses|93 m away
Property Types
- 1 modern house built after 1980
- 10 mid-century houses built between 1936 and 1979
- 7 other addresses of unknown type
- modern house (1)
- mid-century house (10)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (7)
- No EPC (7)
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 Academy1.0 km away
- Kibworth Mead Academy7.4 km away
More reading links
Public Transport Nearby
The closest station to LE16 7BD is Market Harborough station, which is 1.2 kilometres away.
- Market Harborough|1.2 km away
- Corby|16.0 km away
- Kettering|16.5 km away
- South Wigston|17.9 km away
