Residential dwellings
18,690
Addressable residential units in the area (OS AddressBase).
LE16 rents and yields
Asking rent £1,204/month · Gross yield 3.7% · 12 months, listings to Sep 2026
What is LE16?
LE16: residential dwellings 18,690.
HMO-shaped dwellings
0.1%
LE16 ranks 5th of 10 neighbouring postcode districts for HMO-shaped dwellings.
Share of dwellings OS AddressBase classifies RH01/RH02/RH03: laid out as a house in multiple occupation. A statement about built form, not about a licence.
- Buildings
- 18,014
- Mixed-use buildings
- 1.1%
- HMO-shaped units
- 6.0%
- EPC A or B
- 26%
- EPC D or worse
- 44%
What does LE16 earn?
LE16: asking rent £1,204/month (12 months to Sep 2026, 396 lets).
Asking rent
£1,204/month 12 months to Sep 2026
396 lets
Median asking rent per calendar month of residential lettings in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 396 lets.
Gross yield, asking basis
3.7% 12 months to Sep 2026
592 lets
+10.4% on the previous 12 months.
Cell asking rent × 12 over the same cell's asking sale price, before costs, voids and finance (cells with fewer than 5 dated listings are not built). 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 592 lets.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
132 on 6 Nov 2026
Count of live residential lettings on the day, from portal listings; observed forwards from 5 Sep 2026. The count on 6 Nov 2026; the daily series began on 5 Sep 2026, so no change over a year is stated.
How does LE16 vary by home size?
Asking rent in LE16 runs from £828/month for 1 bedroom to £1,639/month for 4 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £828/month | 12 months to Aug 2026 | — | 96 |
| 2 bedrooms | £991/month | 12 months to Sep 2026 | +4.9% on the previous 12 months | 207 |
| 3 bedrooms | £1,311/month | 12 months to Sep 2026 · 11 of 12 months observed | — | 200 |
| 4 bedrooms | £1,639/month | 12 months to Sep 2026 · 6 of 12 months observed | — | 49 |
| 5+ bedrooms | Not published | — | — | — |
Asking rent per calendar month by bedroom band: the monthly medians of lettings that came to market, weighted by their dated listings, within the last 12 calendar months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Who owns LE16?
Corporate landlords hold 84% of the 798 units in LE16 whose freeholder is classified; 96% of all units are not yet classified.
- Corporate landlords84% of classified · 672 units
- Individuals (not traceable in bulk)11% of classified · 90 units
- Housing associations4.0% of classified · 32 units
- RMC0.5% of classified · 4 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does LE16 rank?
LE16 ranks 2nd of 10 postcode districts in North Northamptonshire for asking rent, at £1,204/month.
Asking rent · postcode districts in North Northamptonshire
LE16 ranks 2nd of 10 postcode districts in North Northamptonshire for asking rent, at £1,204/month.
| # | Area | Asking rent | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | PE8 | £1,387/month | 12 months to Sep 2026 · from monthly figures | 201 | measured |
| 2 | LE16 | £1,204/month | 12 months to Sep 2026 · from monthly figures | 396 | measured |
| 3 | NN15 | £1,122/month | 12 months to Sep 2026 · from monthly figures | 355 | measured |
| 4 | NN14 | £1,112/month | 12 months to Sep 2026 · from monthly figures | 461 | measured |
| 5 | NN9 | £1,083/month | 12 months to Sep 2026 · from monthly figures | 209 | measured |
Full table: asking rent across postcode districts in North Northamptonshire
Gross yield, asking basis · postcode districts in North Northamptonshire
LE16 ranks 9th of 10 postcode districts in North Northamptonshire for gross yield, asking basis, at 3.7%.
| # | Area | Gross yield, asking basis | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | NN16 | 5.0% | 12 months to Sep 2026 · from monthly figures | 1,013 | measured |
| 2 | NN18 | 4.9% | 12 months to Sep 2026 · from monthly figures | 607 | measured |
| 3 | NN8 | 4.7% | 12 months to Sep 2026 · from monthly figures | 1,308 | measured |
| 4 | NN15 | 4.7% | 12 months to Sep 2026 · from monthly figures | 507 | measured |
| 5 | NN17 | 4.6% | 12 months to Sep 2026 · from monthly figures | 664 | measured |
| 9 | LE16 | 3.7% | 12 months to Sep 2026 · from monthly figures | 592 | measured |
Full table: gross yield, asking basis across postcode districts in North Northamptonshire
Where next from LE16?
- North NorthamptonshireThe wider market this area sits in.
- NN10Neighbouring postcode district · Asking £2,759/m² · Sep 2026
- NN14Neighbouring postcode district · Asking £3,267/m² · Sep 2026
- NN15Neighbouring postcode district · Asking £2,963/m² · Sep 2026
- NN16Neighbouring postcode district · Asking £2,604/m² · Sep 2026
- NN17Neighbouring postcode district · Asking £3,124/m² · Sep 2026
- NN18Neighbouring postcode district · Asking £2,738/m² · Sep 2026
- NN8Neighbouring postcode district · Asking £2,557/m² · Sep 2026
- NN9Neighbouring postcode district · Asking £3,398/m² · Sep 2026
- LE15Next door, in another authority · Asking £4,276/m² · Sep 2026
- LE17Next door, in another authority · Asking £6,018/m² · Sep 2026
- LE7Next door, in another authority · Asking £4,284/m² · Sep 2026
- LE8Next door, in another authority · Asking £3,568/m² · Sep 2026
- NN6Next door, in another authority · Asking £4,145/m² · Sep 2026
Questions about LE16
- What is the average rent in LE16?
- Homes to let in LE16 asked a median £1,204/month over the 12 months to Sep 2026, 396 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in LE16?
- 3.7% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Sep 2026, 592 lets. +10.4% on the previous 12 months.
- What kind of homes are in LE16?
- LE16 has 18,690 homes, 0.1% laid out as houses in multiple occupation.
Construction costs Context for residential research
Sector and regional evidence. These figures are not a quote for an individual property.
Reading the cost index and the regional factors…
Everything else about LE16
- Property values in LE16Every addressable home with its floor area, tenure and last recorded sale.
- Land and development sites in LE16Registered land with its area, tenure and what stands on it.
- Houses and flats for sale in LE16What is on the market right now, with the evidence beside each asking price.
- Flats and houses to rent in LE16What is available to rent, with the recorded rent and yield beside each asking price.
- Sold house prices in LE16Registered completions from Price Paid, newest first.
- Planning applications in LE16What was proposed, who decided it and whether it was approved.
- Estate agents in LE16Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Residential dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| HMO-shaped dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| Asking rent | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 396 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 592 lets |
| Homes to rent | Portal listings; observed forwards from 5 Sep 2026 | on 6 Nov 2026 | 6 Nov 2026 | — |