Analysis of recent property sales -- official HM Land Registry data
The average house price in LE16 (LE16 2BY) is £316,375, based on 22 transactions recorded by HM Land Registry. The median price is £287,000, giving a price range from £95,000 to £650,000.
| Date | Price | Type | Area |
|---|---|---|---|
| 2026-01-21 | £290,000 | S | 89.0 m² |
| 2026-01-21 | £205,000 | T | 73.0 m² |
| 2025-12-17 | £450,000 | S | 117.0 m² |
| 2025-12-12 | £284,000 | F | 106.0 m² |
| 2025-12-12 | £250,000 | O | — |
Standard residential rates for primary residence. Does not include surcharges for additional properties or non-UK residents.
Market Overview: LE16
Across the last twelve months, 22 residential sales in LE16 produced a median price of £287k. Individual sales ranged from £95k to £650k, which is a normal spread for a postcode of this size.
No single property type dominates — semi-detached houses led with 27% but the mix is diverse, while terraced houses accounted for 27% and detached houses accounted for 23%.
The LE16 2BY dataset is a reasonable baseline, but decisions at the individual-property level should still lean on matched comparables rather than the area median alone. On the rental side, the estimated gross yield on a median-priced property here is around 3.8%, based on ONS regional rents.