Yahoo News Where is Leicestershire's Millionaires' Row?
The county's most exclusive postcode has been revealed, where the highest number of luxury properties were sold last year in an area with leafy villages and a town dubbed 'one of the best places to live in the Midlands'.
Market Harborough and its surrounding villages are Leicestershire’s own Millionaires' Row, according to analysis of the Land Registry’s latest data. The LE16 postcode, which includes the town, as well as villages such as Great Bowden, Medbourne, Great Easton, Thorpe Langton and East Farndon, had the highest number of £1million plus properties sold in the county last year – 12 in total. Market Harborough was named in the Sunday Times top towns list earlier this year as one of the Midlands' best, describing it as 'dependable and desirable'.
There were more than 14,000 houses sold for over £1m across England and Wales between the start of April 2023 and the end of March 2024. That’s according to exclusive analysis of the latest Land Registry data by the Reach Data Unit. Unsurprisingly, almost half of those properties (49 per cent) were in London.
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The most expensive house in the LE16 area was a property in Old Green, Medbourne, which sold for £2.5m last year. In Leicestershire last year, the most expensive home was on the exclusive Warren Hill in Newtown Linford, which went for £6.75m in October. £2m plus properties were also sold in Rothley, and Dunton Bassett.
But that pales in comparison with the most expensive home sold in England and Wales last year, an apartment in London’s Mayfair which was snapped up at the eyewatering cost of £38.6m. A short hop across the capital finds the second most expensive property of the last year, where a house in Notting Hill was bought for £35m.
The LE15 postcode, which mostly covers Rutland, but includes a small number of Leicestershire villages, had the highest average house prices for an LE postcode in the last 12 months. A home here would cost you £444,525 on average. In the far west of the county, the CV13 postcode – including Market Bosworth, Barton in the Beans, Fenny Drayton and Stoke Golding – saw an average property price of £411,559.
The average property in LE16 last year cost £405,960, while the area with the lowest average property prices was Leicester city centre.
Check out the house prices in your postcode area using our interactive map:
