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Property Price Trends
Fleming Drive, Melton Mowbray, Melton, Leicestershire
LE13 1DE Melton District (B)
What are the historical property price trends?
Explore the yearly trends in property prices for the LE13 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
LE13
Most Expensive Property
£445,000
18 Cygnet Close, LE13 1FQ
Sold: 03 February 2023
Cheapest Property
£135,000
8a Market Place, LE13 1XD
Sold: 23 January 2022
£273,000
The average house price in Melton was £273,000 in November 2024 (provisional), similar to the revised figure for November 2023. Across the East Midlands, the average house price rose by 2.7% over the same period.
£712
Private rents rose to an average of £712 in December 2024, an annual increase of 11.4% from £639 in December 2023. This was higher than the rise in the East Midlands (8.3%) over the year.
£229,000
The average price paid by first-time buyers was £229,000 in November 2024 (provisional). This was in line with the average in November 2023 (revised).
£274,000
For homes bought with a mortgage, the average house price was £274,000 in November 2024 (provisional). This was similar to the average in November 2023 (revised).
Data last updated: 17 Feb 2025. Data extracted from ONS housing prices/rents: inflation and price indices by local authority (Melton, E07000133). Rent estimates are provisional, and are for the latest 2 months.
Local House Price Trends
Have property prices been rising or falling in LE13 1DE?
The graph below shows the five-year capital growth figures for properties for the LE13 postcode district. Figures show year-on-year capital growth and not accumulative growth over the five-year period.
Compare House Price Trends
Enter a postcode below to compare the property prices in LE13 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in Leicestershire?
Homebuyers
Leicestershire has seen a steady increase in house prices over the past few years, with the average property price currently standing at £235,403. Popular areas such as Leicester city centre (LE1) and Market Harborough (LE16) have seen particularly high demand, leading to price growth higher than the regional average. However, there are still affordable options in areas like Hinckley (LE10) and Loughborough (LE11), making it a diverse market catering to various budgets. With a good selection of properties on the market, homebuyers have plenty of options to choose from in Leicestershire.
Renters
Rent prices in Leicestershire have been on the rise, with the average monthly rent for a two-bedroom property currently at £715. Areas like Leicester (LE2, LE3) and Loughborough (LE11) are popular among renters due to their proximity to amenities and transport links. However, there is still a range of rental options available across the county, with affordable properties in areas such as Coalville (LE67) and Melton Mowbray (LE13). The rental market in Leicestershire is competitive, so renters should act quickly when a suitable property becomes available.
Investors
Leicestershire offers a promising investment opportunity for property investors, with strong rental demand and a growing population. The buy-to-let market in areas like Leicester city centre (LE1) and Loughborough (LE11) is particularly lucrative, offering attractive rental yields. Additionally, the county has a thriving student population, making student accommodation in areas like Oadby (LE2) and Leicester city centre (LE1) a profitable investment option. With a variety of properties available on the market, investors have the opportunity to build a diverse portfolio in Leicestershire.
Homebuyers
Leicestershire has seen a steady increase in house prices over the past few years, with the average property price currently standing at £235,403. Popular areas such as Leicester city centre (LE1) and Market Harborough (LE16) have seen particularly high demand, leading to price growth higher than the regional average. However, there are still affordable options in areas like Hinckley (LE10) and Loughborough (LE11), making it a diverse market catering to various budgets. With a good selection of properties on the market, homebuyers have plenty of options to choose from in Leicestershire.
Renters
Rent prices in Leicestershire have been on the rise, with the average monthly rent for a two-bedroom property currently at £715. Areas like Leicester (LE2, LE3) and Loughborough (LE11) are popular among renters due to their proximity to amenities and transport links. However, there is still a range of rental options available across the county, with affordable properties in areas such as Coalville (LE67) and Melton Mowbray (LE13). The rental market in Leicestershire is competitive, so renters should act quickly when a suitable property becomes available.
Investors
Leicestershire offers a promising investment opportunity for property investors, with strong rental demand and a growing population. The buy-to-let market in areas like Leicester city centre (LE1) and Loughborough (LE11) is particularly lucrative, offering attractive rental yields. Additionally, the county has a thriving student population, making student accommodation in areas like Oadby (LE2) and Leicester city centre (LE1) a profitable investment option. With a variety of properties available on the market, investors have the opportunity to build a diverse portfolio in Leicestershire.
Last updated on 31 Mar 2025. Property market analysis is based on official data, and interpreted using neural networks (machine learning model), and subject to our Terms and Conditions.
Yield for LE13 1DE
Estimated yield for property investors
3.06%
Yield
The estimated yield for the LE13 1DE postcode area is 3.06%, compared to the national average yield of 3.8%.
View yield analysisHouse price affordability
Use this graph to view the housing affordability ratio data, as well as median house prices and household earnings in England and Wales, from 1997-2024.
Property sales
What houses have been sold in LE13 1DE?
The recently sold properties table lists homes around LE13 1DE that have been recorded by HM Land Registry, and their sold prices.
Price paid information is not personal, but property-related information. All commercial transactions, sales that have not been lodged with HM Land Registry or sales that were not for full market value are excluded.
| Date | Price | Property Address | Property Type | Estate Type |
|---|---|---|---|---|
| 01 December 2023 | £147,500 | Saddlers Court Flat 19 Rosebery Avenue, Melton Mowbray, LE13 1BE | Flat/Maisonette | Leasehold |
| 19 December 2023 | £155,000 | 49 Rosebery Avenue, Melton Mowbray, LE13 1BL | Terraced | Freehold |
| 25 February 2022 | £382,000 | 6 Grebe Drive, Melton Mowbray, LE13 1FP | Detached | Freehold |
| 22 December 2022 | £261,500 | 10 Cygnet Close, Melton Mowbray, LE13 1FQ | Terraced | Freehold |
| 22 December 2022 | £365,000 | 5 Cygnet Close, Melton Mowbray, LE13 1FQ | Detached | Freehold |
| 21 December 2022 | £395,000 | 16 Cygnet Close, Melton Mowbray, LE13 1FQ | Detached | Freehold |
| 03 February 2023 | £445,000 | 18 Cygnet Close, Melton Mowbray, LE13 1FQ | Detached | Freehold |
| 22 December 2022 | £395,000 | 22 Forbes Avenue, Melton Mowbray, LE13 1FS | Detached | Freehold |
| 16 December 2022 | £261,900 | 12 Forbes Avenue, Melton Mowbray, LE13 1FS | Semi-Detached | Freehold |
| 24 September 2021 | £245,000 | 27 Heron Crescent, Melton Mowbray, LE13 1FT | Semi-Detached | Freehold |
| 17 June 2022 | £385,000 | 9 Heron Crescent, Melton Mowbray, LE13 1FT | Detached | Freehold |
| 03 December 2021 | £149,950 | 2 De Montfort, Melton Mowbray, LE13 1JB | Detached | Leasehold |
| 09 December 2022 | £226,000 | 20 Northfield Close, Melton Mowbray, LE13 1JU | Terraced | Freehold |
| 10 November 2023 | £247,000 | 30 Mason Road, Melton Mowbray, LE13 1NF | Semi-Detached | Freehold |
| 06 November 2023 | £146,000 | Mill House 3 Beck Mill Lane, Melton Mowbray, LE13 1PZ | Terraced | Freehold |
| 20 January 2023 | £400,000 | 9 Manor Close, Melton Mowbray, LE13 1RW | Detached | Freehold |
| 22 September 2022 | £235,000 | 19 Eastfield Avenue, Melton Mowbray, LE13 1TD | Semi-Detached | Freehold |
| 23 November 2023 | £219,950 | 17 Mortimer Road, Melton Mowbray, LE13 1TN | Semi-Detached | Freehold |
| 15 December 2023 | £385,000 | 7 Churchill Close, Melton Mowbray, LE13 1UW | Detached | Freehold |
| 23 January 2022 | £135,000 | 8a Market Place, Melton Mowbray, LE13 1XD | Other | Freehold |
Nearby sold properties | ||||
| 29 February 2024 | £350,000 | 38 Sussex Avenue, Melton Mowbray, LE13 0AP | Detached | Freehold |
| 16 November 2023 | £135,500 | 10 Victoria Street, Melton Mowbray, LE13 0AS | Terraced | Freehold |
| 07 December 2022 | £325,000 | 125 Sandy Lane, Melton Mowbray, LE13 0AW | Detached | Freehold |
| 27 November 2023 | £180,000 | 12 Cornwall Place, Melton Mowbray, LE13 0BE | Semi-Detached | Freehold |
| 17 November 2023 | £170,000 | 30 Queensway, Melton Mowbray, LE13 0DN | Semi-Detached | Freehold |
| 01 December 2023 | £285,000 | 10 Medway Drive, Melton Mowbray, LE13 0EE | Detached | Freehold |
| 15 March 2024 | £175,000 | 30 Edendale Road, Melton Mowbray, LE13 0EW | Semi-Detached | Freehold |
| 15 May 2023 | £240,000 | 3 Otter Road, Melton Mowbray, LE13 0FB | Semi-Detached | Freehold |
| 29 November 2023 | £235,000 | 3 Otter Road, Melton Mowbray, LE13 0FB | Semi-Detached | Freehold |
| 15 December 2023 | £196,000 | 102 Asfordby Road, Melton Mowbray, LE13 0HS | Semi-Detached | Freehold |
| 15 July 2022 | £135,000 | 11 Sherwood Drive, Melton Mowbray, LE13 0LL | Semi-Detached | Freehold |
| 30 November 2023 | £210,000 | 28 Staveley Road, Melton Mowbray, LE13 0LN | Semi-Detached | Freehold |
| 10 October 2022 | £320,000 | 32 Ullswater Road, Melton Mowbray, LE13 0LS | Detached | Freehold |
| 12 April 2023 | £220,000 | 24 Coniston Road, Melton Mowbray, LE13 0NE | Semi-Detached | Freehold |
| 23 August 2023 | £215,000 | 17 The Crescent, Melton Mowbray, LE13 0NF | Semi-Detached | Freehold |
| 17 November 2023 | £415,000 | 209 Nottingham Road, Melton Mowbray, LE13 0NS | Detached | Freehold |
| 04 March 2024 | £225,000 | Flat 1 Kennelmore Road, Melton Mowbray, LE13 0RU | Flat/Maisonette | Leasehold |
| 01 December 2023 | £295,000 | 9 Horseguards Way, Melton Mowbray, LE13 0SU | Detached | Freehold |
| 28 July 2022 | £299,950 | 5 Harrison Drive, Melton Mowbray, LE13 0XQ | Detached | Freehold |
| 17 June 2022 | £377,500 | 1 Harrison Drive, Melton Mowbray, LE13 0XQ | Detached | Freehold |
| 26 August 2022 | £285,000 | 20 Casterton Road, Melton Mowbray, LE13 0XZ | Detached | Freehold |
| 21 July 2022 | £261,900 | 8 Casterton Road, Melton Mowbray, LE13 0XZ | Detached | Freehold |
Please note that house prices for properties sold in and around LE13 1DE during this period do not reflect current values of properties in this postcode area, they are the prices paid at the time of sale. Prices paid is property price data for single residential property sales in England and Wales, sold on the market at full market value, and lodged with the Land Registry for registration.
For more information about the statistical data sets contained on this page, visit https://www.gov.uk/government/statistical-data-sets.
Average monthly mortgage payments
Data on this page contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. Property data and analysis from PropertyData.co.uk.
Statistical Data Sets
Statistics extracted are from the UK House Price Index, published each month from HM Land Registry, and broken down into Country, Region, and County level.
All content is available under the Open Government Licence v3.0, except where otherwise stated
