Housing Market Analysis for LE15 8RP

Are you looking to understand LE15 8RP house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Rutland postcode.

For the location information and nearby amenities in the LE15 8RP area, explore the LE15 8RP Area information page.
For comprehensive crime statistics in the LE15 8RP area, explore the LE15 8RP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LE15 8RP postcode area, The average prices are as follows,

  • Detached
    • The average price is around £1,265,000 median price is £585,000 Standard Deviation is £979,396 with Total Sold: 3
    • The Last 5 Year average price is £1,605,000 with Total Sold: 2
    • The most recent sale happened at this postcode is BRACKNELL COTTAGE: £560,000 (Sold on 16 Dec 2022)
    • The first recorded sale happened at this postcode is MORMANTON PARK HOUSE: £585,000 (Sold on 12 Aug 2002)
  • Other
    • The average price is around £1,925,000 median price is £1,925,000 Standard Deviation is £725,000 with Total Sold: 2
    • The Last 5 Year average price is £2,650,000 with Total Sold: 1
    • The most recent sale happened at this postcode is APPLEROOM COTTAGE, NORMANTON GARDENS: £2,650,000 (Sold on 06 Aug 2021)
    • The first recorded sale happened at this postcode is NORMANTON PARK HOTEL: £1,200,000 (Sold on 21 Aug 2015)
  • Semi-Detached
    • The average price is around £632,500 median price is £632,500 Standard Deviation is £267,500 with Total Sold: 2
    • The Last 5 Year average price is £900,000 with Total Sold: 1
    • The most recent sale happened at this postcode is OAK FARM COTTAGE WYTCHLEY ROAD: £900,000 (Sold on 01 Mar 2021)
    • The first recorded sale happened at this postcode is OAK FARM COTTAGE: £365,000 (Sold on 06 Oct 2009)

Sold Price Trend Over the Years:

Below table and chart gives the average LE15 8RP house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£560,000 £5,185 1
2021£2,650,0001
2002£585,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£2,650,000 £6,625 1
2015£1,200,000 £3,000 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£900,000 £4,167 1
2009£365,000 £1,690 1

All the Sales in the LE15 8RP

See the table below for more details on the sold house prices in the LE15 8RP, Rutland postcode.

AddressSold DatePrice% Change
BRACKNELL COTTAGEDetached, FreeholdArea: 108 Sq.mtrAge: 1930-194916 Dec 2022£560,000First Sale
APPLEROOM COTTAGE, NORMANTON GARDENSOther, FreeholdArea: 400 Sq.mtrAge: before 190006 Aug 2021£2,650,000First Sale
MORMANTON PARK HOUSEDetached, Freehold06 Aug 2021£2,650,000352.99%
12 Aug 2002£585,000First Sale
OAK FARM COTTAGE WYTCHLEY ROADSemi-Detached, FreeholdArea: 216 Sq.mtrAge: before 190001 Mar 2021£900,000First Sale
NORMANTON PARK HOTELOther, FreeholdArea: 400 Sq.mtrAge: before 190021 Aug 2015£1,200,000First Sale
OAK FARM COTTAGESemi-Detached, FreeholdArea: 216 Sq.mtrAge: before 190006 Oct 2009£365,000First Sale

Check out the sold house prices near the LE15 8RP postcode. Properties currently for saleProperties currently for rent

LE15 8RP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LE15 8RP postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the LE15 8RP postcode.

  • Detached
    • The average price is around £1,265,000 median price is £585,000 Standard Deviation is £979,396 with Total Sold: 3
    • The Last 5 Year average price is £1,605,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , BRACKNELL COTTAGE : £560,000 (Sold on 16 Dec 2022)
    • The first recorded sale happened at this postcode is , MORMANTON PARK HOUSE : £585,000 (Sold on 12 Aug 2002)
  • Other
    • The average price is around £1,925,000 median price is £1,925,000 Standard Deviation is £725,000 with Total Sold: 2
    • The Last 5 Year average price is £2,650,000 with Total Sold: 1
    • The most recent sale happened at this postcode is APPLEROOM COTTAGE, NORMANTON GARDENS : £2,650,000 (Sold on 06 Aug 2021)
    • The first recorded sale happened at this postcode is , NORMANTON PARK HOTEL : £1,200,000 (Sold on 21 Aug 2015)
  • Semi-Detached
    • The average price is around £632,500 median price is £632,500 Standard Deviation is £267,500 with Total Sold: 2
    • The Last 5 Year average price is £900,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , OAK FARM COTTAGE WYTCHLEY ROAD: £900,000 (Sold on 01 Mar 2021)
    • The first recorded sale happened at this postcode is , OAK FARM COTTAGE : £365,000 (Sold on 06 Oct 2009)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£560,000 £5,185 1
2021£2,650,0001
2002£585,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£2,650,000 £6,625 1
2015£1,200,000 £3,000 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£900,000 £4,167 1
2009£365,000 £1,690 1

House Type in LE15 8RP area

The most common house types in the LE15 8RP postcode area are Semi-detached (47), Detached (45), and Terraced (4).

Total97
Semi-detached47
Detached45
Terraced4
Flat1
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Other private rented (36), and Owned: Owns outright (25).

Private rented: Other private rented36
Owned: Owns outright25
Private rented: Private landlord or letting agency19
Owned: Owns with a mortgage or loan18
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LE15 8RP have 2 people in household (30), and 4 people in household (25).

2 people in household30
4 people in household25
3 people in household21
1 person in household12
5 people in household7
7 people in household2
6 people in household1
0 people in household0
8 or more people in household0