Housing Market Analysis for MAIN STREET, LE16 8RS

Are you looking to understand LE16 8RS 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 LE16 8RS area, explore the LE16 8RS Area information page.
For comprehensive crime statistics in the LE16 8RS area, explore the LE16 8RS Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LE16 8RS postcode area, The average prices are as follows,

Detached
- The average price is around £302,613 median price is £281,250 Standard Deviation is £163,321 with Total Sold: 26
- The Last 5 Year average price is £544,200 with Total Sold: 5
- The most recent sale happened at this postcode is 8 MAIN STREET: £480,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is 5 MAIN STREET: £96,500 (Sold on 03 Jan 1996)
Terraced
- The average price is around £119,800 median price is £130,000 Standard Deviation is £36,694 with Total Sold: 5
- The Last 5 Year average price is £146,167 with Total Sold: 3
- The most recent sale happened at this postcode is 11 MAIN STREET: £170,000 (Sold on 20 Jan 2023)
- The first recorded sale happened at this postcode is 27 MAIN STREET: £130,000 (Sold on 10 Nov 2023)
Semi-Detached
- The average price is around £237,997 median price is £167,500 Standard Deviation is £208,897 with Total Sold: 16
- The Last 5 Year average price is £304,500 with Total Sold: 5
- The most recent sale happened at this postcode is OLD PLOUGH, 41 MAIN STREET: £850,000 (Sold on 31 Aug 2022)
- The first recorded sale happened at this postcode is 10 MAIN STREET: £51,000 (Sold on 18 Nov 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average LE16 8RS 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£637,500	£2,966	2
2022	£570,500	£2,779	2
2021	£305,000	£3,547	1
2019	£274,250	£2,416	2
2018	£168,000	£2,427	1
2017	£360,000	£2,784	2
2015	£320,000	£2,537	1
2014	£270,000	£2,197	2
2013	£249,950		1
2010	£320,000		1
2005	£400,000		1
2003	£203,750	£2,100	2
2002	£320,000		1
2001	£164,000	£1,242	1
2000	£161,250		2
1999	£272,500		1
1998	£117,500		1
1996	£138,250	£536	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£150,000	£3,053	2
2020	£138,500	£2,430	1
2005	£98,000	£1,690	1
2001	£62,500	£1,096	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£526,250		2
2020	£156,667	£2,600	3
2017	£130,000		1
2016	£180,000	£1,552	1
2009	£590,000	£3,986	1
2007	£298,333	£3,817	3
2002	£119,950		1
2001	£57,500	£1,085	1
1998	£131,000	£1,303	2
1997	£51,000	£981	1

All the Sales in the MAIN STREET, LE16 8RS

See the table below for more details on the sold house prices in the LE16 8RS, Rutland postcode.

Address	Sold Date	Price	% Change
8 MAIN STREETDetached, Freehold	22 Aug 2024	£480,000	10.09%
	18 Mar 2022	£436,000	17.84%
	25 Oct 2019	£370,000	15.62%
	26 Apr 2017	£320,000	0.0
	17 Jun 2015	£320,000	First Sale
4 MAIN STREETDetached, FreeholdArea: 268 Sq.mtrAge: before 1900	22 Feb 2024	£795,000	First Sale
11 MAIN STREETTerraced, FreeholdArea: 44 Sq.mtrAge: before 1900	20 Jan 2023	£170,000	First Sale
37 MAIN STREETDetached, FreeholdArea: 335.54 Sq.mtrAge: before 1900	09 Dec 2022	£705,000	291.67%
	26 Nov 1996	£180,000	First Sale
OLD PLOUGH, 41 MAIN STREETSemi-Detached, Freehold	31 Aug 2022	£850,000	First Sale
SOMERCOTT COTTAGE, 10 MAIN STREETSemi-Detached, Freehold	01 Jun 2022	£202,500	55.77%
SOMERCOTT COTTAGE, 10 MAIN STREETSemi-Detached, Freehold	15 Dec 2017	£130,000	First Sale
12 MAIN STREETDetached, FreeholdArea: 86 Sq.mtrAge: 1976-1982	12 Nov 2021	£305,000	90.62%
	24 Nov 2003	£160,000	First Sale
23 MAIN STREETSemi-Detached, Freehold	30 Oct 2020	£165,000	-63.33%
	28 Sep 2007	£450,000	275.16%
	14 Jan 2002	£119,950	First Sale
25 MAIN STREETSemi-Detached, FreeholdArea: 63 Sq.mtrAge: before 1900	30 Oct 2020	£150,000	-45.45%
	03 Oct 2007	£275,000	First Sale
7A MAIN STREETSemi-Detached, FreeholdArea: 55 Sq.mtrAge: before 1900	26 Oct 2020	£155,000	First Sale
17 MAIN STREETTerraced, FreeholdArea: 57 Sq.mtrAge: 1900-1929	24 Sep 2020	£138,500	121.60%
	09 Nov 2001	£62,500	First Sale
7 MAIN STREETDetached, FreeholdArea: 94 Sq.mtrAge: before 1900	07 Jun 2019	£178,500	First Sale
22 MAIN STREETDetached, FreeholdArea: 69.23 Sq.mtrAge: before 1900	14 Jun 2018	£168,000	First Sale
3 MAIN STREETDetached, FreeholdArea: 132 Sq.mtrAge: before 1900	20 Oct 2017	£400,000	37.93%
	11 Dec 2014	£290,000	76.83%
	09 May 2001	£164,000	First Sale
33 MAIN STREETSemi-Detached, FreeholdArea: 116 Sq.mtrAge: before 1900	22 Mar 2016	£180,000	First Sale
THREE WAYS MAIN STREETDetached, Freehold	11 Mar 2014	£250,000	0.02%
THREE WAYS MAIN STREETDetached, Freehold	04 Mar 2013	£249,950	First Sale
3A MAIN STREETDetached, Freehold	10 Sep 2010	£320,000	172.34%
3A MAIN STREETDetached, Freehold	22 Jun 1998	£117,500	First Sale
41 MAIN STREETSemi-Detached, FreeholdArea: 148 Sq.mtrAge: before 1900	29 Sep 2009	£590,000	202.56%
	29 Sep 1998	£195,000	First Sale
10 MAIN STREETSemi-Detached, FreeholdArea: 52 Sq.mtr	23 Aug 2007	£170,000	153.73%
	04 Dec 1998	£67,000	31.37%
	18 Nov 1997	£51,000	First Sale
HOME FARM, 39 MAIN STREETDetached, Freehold	08 Dec 2005	£400,000	First Sale
27 MAIN STREETTerraced, FreeholdArea: 58 Sq.mtrAge: before 1900	18 Feb 2005	£98,000	-24.62%
	10 Nov 2023	£130,000	First Sale
1 MAIN STREETDetached, FreeholdArea: 105.8 Sq.mtrAge: before 1900	19 Sep 2003	£247,500	First Sale
43 MAIN STREETDetached, Freehold	28 Feb 2002	£320,000	First Sale
21 MAIN STREETSemi-Detached, FreeholdArea: 53 Sq.mtrAge: before 1900	12 Apr 2001	£57,500	First Sale
5 MAIN STREETDetached, Freehold	28 Jul 2000	£142,500	47.67%
5 MAIN STREETDetached, Freehold	03 Jan 1996	£96,500	First Sale
THE SCHOOL HOUSE, 4 MAIN STREETDetached, Freehold	26 Jan 2000	£180,000	First Sale
45 MAIN STREETDetached, Freehold	18 Jun 1999	£272,500	First Sale

Check out the sold house prices near the LE16 8RS postcode. Properties currently for saleProperties currently for rent

MAIN STREET, LE16 8RS Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LE16 8RS 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 LE16 8RS postcode.

Detached
- The average price is around £323,850 median price is £292,500 Standard Deviation is £177,327 with Total Sold: 64
- The Last 5 Year average price is £528,667 with Total Sold: 12
- The most recent sale happened at this postcode is , 8 MAIN STREET: £480,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 5 MAIN STREET: £96,500 (Sold on 03 Jan 1996)
Semi-Detached
- The average price is around £197,464 median price is £165,000 Standard Deviation is £153,608 with Total Sold: 45
- The Last 5 Year average price is £299,722 with Total Sold: 9
- The most recent sale happened at this postcode is , THE COTTAGE CHURCH CLOSE: £315,000 (Sold on 29 Feb 2024)
- The first recorded sale happened at this postcode is , 1 WELLAND CLOSE: £49,995 (Sold on 16 Jun 1995)
Terraced
- The average price is around £165,783 median price is £183,000 Standard Deviation is £76,549 with Total Sold: 22
- The Last 5 Year average price is £183,900 with Total Sold: 5
- The most recent sale happened at this postcode is , 27 MAIN STREET: £130,000 (Sold on 10 Nov 2023)
- The first recorded sale happened at this postcode is , 9 MILL LANE: £82,000 (Sold on 20 Aug 1997)
Other
- The average price is around £340,000 median price is £340,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £340,000 with Total Sold: 1
- The most recent sale happened at this postcode is GARAGE BELONGING TO, 1 MILL LANE: £340,000 (Sold on 08 Dec 2020)
- The first recorded sale happened at this postcode is GARAGE BELONGING TO, 1 MILL LANE: £340,000 (Sold on 08 Dec 2020)
Flat
- The average price is around £64,000 median price is £76,000 Standard Deviation is £29,563 with Total Sold: 4
- The most recent sale happened at this postcode is , 15 WELLAND CLOSE: £80,000 (Sold on 14 Mar 2014)
- The first recorded sale happened at this postcode is , 11 WELLAND CLOSE: £14,000 (Sold on 26 Jan 1998)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£550,000	£2,966	3
2023	£621,667	£4,255	3
2022	£570,500	£2,779	2
2021	£390,000	£3,122	2
2020	£454,000	£3,601	2
2019	£274,250	£2,416	2
2018	£168,000	£2,427	1
2017	£482,857	£2,539	7
2016	£456,000	£3,219	1
2015	£295,500	£2,266	3
2014	£323,125	£1,798	4
2013	£264,983	£2,458	3
2012	£272,500	£1,634	2
2011	£230,000	£1,284	1
2010	£320,000		1
2008	£272,000	£2,412	2
2007	£422,500	£3,496	2
2006	£430,000	£3,035	1
2005	£400,000		1
2004	£185,000	£1,713	1
2003	£203,750	£2,100	2
2002	£239,998	£781	3
2001	£166,333	£876	3
2000	£176,667	£1,085	3
1999	£191,250		2
1998	£138,167	£1,061	3
1997	£63,475	£151	2
1996	£138,250	£536	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£315,000	£5,081	1
2023	£395,000	£3,110	1
2022	£526,250		2
2021	£232,500	£2,824	2
2020	£156,667	£2,600	3
2018	£250,000	£2,537	2
2017	£223,000	£2,157	4
2016	£180,000	£1,552	1
2014	£164,000	£1,929	2
2009	£379,975	£2,662	2
2008	£160,000	£2,051	1
2007	£323,800	£3,545	5
2006	£193,000	£3,113	1
2003	£137,500	£1,562	1
2002	£98,983	£1,371	3
2001	£57,500	£1,085	1
1999	£82,167	£504	3
1998	£101,667	£1,085	6
1997	£52,000	£740	2
1996	£54,000	£871	1
1995	£49,995		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£150,000	£3,053	2
2021	£240,500	£3,215	2
2020	£138,500	£2,430	1
2019	£285,000	£3,124	2
2016	£198,975	£2,427	4
2015	£213,162	£2,600	2
2012	£280,000	£3,182	1
2011	£116,500		1
2005	£98,000	£1,690	1
2003	£120,000		1
2002	£87,500		1
2001	£62,500	£1,096	1
1999	£44,500		2
1997	£82,000	£820	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£340,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£80,000	£1,333	1
2011	£72,000		1
2005	£90,000		1
1998	£14,000		1

House Type in LE16 8RS area

The most common house types in the LE16 8RS postcode area are Detached (61), Semi-detached (39), and Terraced (22).

Total	131
Detached	61
Semi-detached	39
Terraced	22
Flat	6
Shared house	2
commercial building	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (59), and Owned: Owns with a mortgage or loan (41).

Owned: Owns outright	59
Owned: Owns with a mortgage or loan	41
Private rented: Private landlord or letting agency	15
Social rented: Other social rented	7
Social rented: Rents from council or Local Authority	4
Private rented: Other private rented	4
Lives rent free	2
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

The most houses in the LE16 8RS have 2 people in household (63), and 1 person in household (34).

2 people in household	63
1 person in household	34
3 people in household	18
4 people in household	11
5 people in household	6
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0