Market Harborough

Area Guide For Market Harborough

Market Harborough is a market town within the Harborough district of Leicestershire, England. It has a population of 20,785 and is the administrative headquarters of Harborough District Council. It sits on the Northamptonshire-Leicestershire border. The town was formerly at a crossroads for both road and rail however the A6 now bypasses the town to the east and the A14 which carries east-west traffic is 6 miles (9.7 km) to the south. The town is served by East Midlands Trains with direct services to Leicester, Nottingham, Derby and St Pancras International. Rail services to Rugby and Peterborough ended in 1966. Market Harborough is located in an area which was formerly a part of the Rockingham Forest, a royal hunting forest used by the medieval monarchs starting with William I. Rockingham Road takes its name from the forest. The forest's original boundaries stretched from Market Harborough through to Stamford and swallowed up Corby, Kettering, Desborough, Rothwell, Thrapston and Oundle. The centre of the town is dominated by the steeple of St. Dionysius Parish Church which rises directly from the street, as there is no church yard. It was constructed in grey stone in 1300 with the

 
 

Market Harborough Map

Estimated Price: £283,953
Average Asking Price: £311,095
Price change in last one year: £19,454
Average Price Paid: £237,645
Average Rent Rates: £1,106

 
 

Property Prices Breakdown in Market Harborough

Average Price for property in Market Harborough is around £283,953 which varies based on type of property you are interested in and ranges from £382,799 for detached house to around £222,757 for semi-detached. Similarly terraced house is around £192,062 and a flat is worth £162,701. Values have been changing and have risen £462 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,938 in last 6 months, £19,454 in last 1 year, £23,856 in last 2 years, £32,823 in last 3 years, £33,957 in last 4 years and £39,486 in last 5 years.

Currently average asking price of a property in Market Harborough is around £311,095 based on approximately 707 properties for sale. Same is the case with rental options based on 6 properties up for rent, average asking rent is around £1,106 per month.

Estimated property value in Market Harborough is £283,953. Average asking price is £311,095 while average price paid is £252,199 which is up by £19,454 and Avg. asking rent £1,106.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Market Harborough area. In last 1 year alone average price buyer paid is around £252,199 based on approximately 707 sales in Market Harborough area alone. If you compare it to last 3 years sales of 1,976 properties where buyers paid around £237,302. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £237,645 for 3,047 and average amount paid for purchase of approx. 4,056 properties sold in last 7 years comes to about £232,887 per sale.

 
 

Properties For Sale in Market Harborough

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £145,609, £234,618 for a 3 bedroom house, £337,395 for a 4 bedroom house and £537,270 for a 5 bedroom house. For a flat similarly the prices varies from £140,513 for a single bedroom to £226,137 for a 2 bedroom Flat. To sum up the asking prices for properties in Market Harborough it comes to around average £140,513 for 1 bedroom property, £189,228 for 2 bedroom, £234,618 for 3 bedroom, £337,395 for 4 bedroom and £537,270 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £1,499 for 2 bedroom to £810 for 3 bedroom. You should be generally be expecting around average £1,499 rent per month for 2 bedroom property and approximately £810 for 3 bedroom property in Market Harborough area.

Popular Houses in Market Harborough

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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