Sold house prices in LE16 have an overall average of £348,719, based on all 9,728 residential sales on record — drawn from every recorded UK house sale.
Medians over the most recent 12 months of all UK property sales (to July 2026). Median is used, not mean — it isn't skewed by the odd very-high sale.
Across LE16, the median sold price over the 12 months to July 2026 was £330,000 — it fell 5.7% on the year before. That reflects 654 recorded sales. Detached homes are the priciest at a median of £464,975, while flat/maisonette homes are the most affordable at £170,000. Over the past year, flat/maisonette homes moved the most (-11.7%). Within LE16, the LE16 7 sector saw the strongest recent growth (+3%) and LE16 8 the softest (-2%).
New-build homes were 0.7% of recent sales, a share that is falling.
These figures track the median of prices actually paid, not a like-for-like index. A move can reflect a change in what sold — more new homes, or a different mix of house types and sizes — as much as any change in what a given home is worth.
| Type | Median | 12-month change | Sales |
|---|---|---|---|
| Detached | £464,975 | +0% | 274 |
| Semi-detached | £312,500 | +2.5% | 166 |
| Terraced | £250,000 | +2% | 138 |
| Flat/Maisonette | £170,000 | -11.7% | 59 |
| Other | £400,000 | -11.1% | 17 |
Change compares the median for the last 12 months with the 12 months before.
| Sector | 2022 | 2023 | 2024 | 2025 | 2026 | Median |
|---|---|---|---|---|---|---|
| LE16 7 | +4.6% | +2.8% | +5.4% | -14.3% | +3% | £340,000 |
| LE16 8 | +9.2% | -6% | +2.6% | +0% | -2.5% | £390,000 |
| LE16 9 | +10.3% | +4.8% | -6% | -1.6% | -0.8% | £307,500 |
Year-on-year change in the median sold price; green = up, red = down. Final column is the latest-year median.
New-build homes were 0.7% of sales in the latest year, and the share is ▼ falling over the period — a marker of how much new housing is being built here (not a price forecast). See the new-build chart above.
How these figures are calculated. Year-on-year change compares the median sold price over the most recent 12 months of data with the 12 months before it. We use the median, not the average, so a few unusually high or low sales don't distort it. Because HM Land Registry data lags — sales take time to be registered — the most recent month or two are provisional and tend to revise upward. Figures track the mix of what actually sold, so they are not a like-for-like index. The same method is used across this site, so an area's figure here matches its ranking in investment trends.
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