LE16 7GF is a residential postcode situated on Welland Place, Market Harborough, LE16 with 26 addresses.
It ranks as the 700th largest and 255th most expensive of the 975 postcodes in the LE16 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 26 properties: 26 flats.
LE16 7GF is a residential postcode situated on Welland Place, Market Harborough, LE16 with 26 addresses.
It ranks as the 700th largest and 255th most expensive of the 975 postcodes in the LE16 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 26 properties: 26 flats.
Sale prices range from £186,664 for 2 bedroom leasehold flats (419 ft2) to £431,542 for 3 bedroom leasehold flats (1,991 ft2) .
Monthly rental prices range from £821 pcm for 2 bed flats to £1,487 pcm for 3 bed flats.
The gross rental yield is between 4.1% and 5.3%.
The average value per square foot is £292.
The last sale in LE16 7GF sold for £299,950 on 24th March 2025. Since then prices are down an average of 0.3%.
The current average value in the postcode is £291,075.
The LE16 7GF Sales Market has increased by 17.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.7% | £291,075 |
| April 2025 | -1.4% | £293,088 |
| April 2024 | 0.5% | £297,237 |
| April 2023 | 2.8% | £295,785 |
| April 2022 | 3.8% | £287,720 |
| April 2021 | 5.6% | £277,262 |
| April 2020 | -2.7% | £262,660 |
| April 2019 | 0.8% | £269,904 |
| April 2018 | 4.2% | £267,819 |
| April 2017 | 3.6% | £257,057 |
| April 2016 | 6.2% | £248,013 |
| April 2015 | 9.8% | £233,551 |
| April 2014 | 6.6% | £212,752 |
| April 2013 | 2.5% | £199,658 |
| April 2012 | 2% | £194,879 |
| April 2011 | -2.8% | £191,088 |
| April 2010 | 0.7% | £196,652 |
| April 2009 | -13.1% | £195,217 |
| April 2008 | -0.2% | £224,773 |
| April 2007 | 0% | £225,186 |
The current average rental value in the postcode is £1,054.
The LE16 7GF Rental Market has increased by 32.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.4% | £1,054pcm |
| April 2025 | 4.4% | £1,050pcm |
| April 2024 | 7.1% | £1,006pcm |
| April 2023 | 5.1% | £939pcm |
| April 2022 | 4.4% | £894pcm |
| April 2021 | 3.6% | £856pcm |
| April 2020 | -0.3% | £827pcm |
| April 2019 | 2.4% | £829pcm |
| April 2018 | 1.6% | £809pcm |
| April 2017 | 0.2% | £797pcm |
| April 2016 | 4.3% | £795pcm |
| April 2015 | 4.8% | £762pcm |
| April 2014 | 1.7% | £727pcm |
| April 2013 | 1.3% | £715pcm |
| April 2012 | 1.6% | £705pcm |
| April 2011 | 0% | £694pcm |
| April 2010 | -1.9% | £694pcm |
| April 2009 | -5.1% | £708pcm |
| April 2008 | 6.4% | £747pcm |
| April 2007 | 0% | £702pcm |
The last sale was on 24th March 2025 for £299,950 and since then the market in the area has decreased by 0.3%. The postcode has had a total of 18 sales since 1995.
LE16 7GF has seen 6 sales in the last three years and no sales in the last twelve months.
LE16 7GF is the 700th largest and the 255th most expensive postcode out of the 975 postcodes in the LE16 area.
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The closest station to LE16 7GF is Market Harborough station which is 300 metres away.
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