248, Melton Road - LE4 7PG
Key Building Insights
248, Melton Road is a residential building situated on Melton Road, Thurmaston, Leicester, LE4 with 2 addresses.
It ranks as the 166th largest and 542nd most expensive of the 647 buildings in the LE4 area. The most common property type is a period house built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
- Ave. Sale Price
- £170,329
- 10 Year change
- up 54.8%
- Ave. Rental Price
- £896pcm
- 10 Year change
- up 67.2%
- Ave. £ per ft²
- £300/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Building Insights
248, Melton Road is a residential building situated on Melton Road, Thurmaston, Leicester, LE4 with 2 addresses.
It ranks as the 166th largest and 542nd most expensive of the 647 buildings in the LE4 area. The most common property type is a period house built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
- Ave. Sale Price
- £170,329
- 10 Year change
- up 54.8%
- Ave. Rental Price
- £896pcm
- 10 Year change
- up 67.2%
- Ave. £ per ft²
- £300/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertieson Melton Road, Thurmaston, Leicester, LE4
Sales Market Trends
The last sale in 248, Melton Road sold for £53,000 on 17th May 2002. Since then prices are down an average of 0.0%.
The current average value in the building is £170,329.
The 248, Melton Road Sales Market has increased by 54.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.4% | £170,329 |
| June 2025 | 0.8% | £169,721 |
| June 2024 | -0.1% | £168,358 |
| June 2023 | 3.3% | £168,500 |
| June 2022 | 11.9% | £163,085 |
| June 2021 | 7.5% | £145,714 |
| June 2020 | 4.6% | £135,573 |
| June 2019 | 6.1% | £129,572 |
| June 2018 | 3.5% | £122,152 |
| June 2017 | 7.2% | £117,986 |
| June 2016 | 8.1% | £110,012 |
| June 2015 | 4.8% | £101,792 |
| June 2014 | 5.4% | £97,156 |
| June 2013 | 2.3% | £92,220 |
| June 2012 | -0.2% | £90,126 |
| June 2011 | -0.3% | £90,293 |
| June 2010 | 5.3% | £90,555 |
| June 2009 | -11.9% | £86,015 |
| June 2008 | -3.7% | £97,642 |
| June 2007 | 0% | £101,437 |
Rental Market Trends
The current average rental value in the building is £896.
The 248, Melton Road Rental Market has increased by 67.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £896pcm |
| June 2025 | 5% | £866pcm |
| June 2024 | 8.6% | £825pcm |
| June 2023 | 8% | £759pcm |
| June 2022 | 10.9% | £702pcm |
| June 2021 | 3.3% | £633pcm |
| June 2020 | 4.8% | £613pcm |
| June 2019 | 2.1% | £585pcm |
| June 2018 | 2.2% | £573pcm |
| June 2017 | 4.5% | £560pcm |
| June 2016 | 3.5% | £536pcm |
| June 2015 | 3.1% | £518pcm |
| June 2014 | 1.1% | £502pcm |
| June 2013 | 1.8% | £497pcm |
| June 2012 | 0% | £488pcm |
| June 2011 | 2.4% | £488pcm |
| June 2010 | 2.1% | £477pcm |
| June 2009 | -5.8% | £467pcm |
| June 2008 | 1.1% | £496pcm |
| June 2007 | 0% | £490pcm |
Sales History
The last sale was on 17th May 2002 for £53,000 and since then the market in the area has remained stable. The building has had a total of 2 sales since 1995.
248, Melton Road, Thurmaston, Leicester, LE4 7PG has seen no sales in the last three years and no sales in the last twelve months.
Property Types
- 1 period house built between 1800 and 1911
- 1 other address of unknown type
- period house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Mar 2024£5,716,199 | 2 Bed FlatApartment 1, Watermead View 512, Melton Road, Leicester, LE4 7SPApartment 1, Watermead View 512, Melton Road, Leicester, LE4 7SP
- Sold May 2021£2,808,000 | 2 Bed Flat510, Melton Road, Leicester, LE4 7SP510, Melton Road, Leicester, LE4 7SP
- Sold Jan 2026£1,250,000 | 2 Bed FlatFlat 4, 28, Melton Road, Leicester, LE4 5EAFlat 4, 28, Melton Road, Leicester, LE4 5EA
Schools Nearby
- Mellor Community Primary School100 m away
- Rushey Mead Primary School400 m away
- Saint Patrick's Catholic Voluntary Academy500 m away
- Rushey Mead Academy600 m away
- Soar Valley College700 m away
- Moat Community College2.8 km away
More reading links
Public Transport Nearby
The closest station to 248, Melton Road, Thurmaston, Leicester, LE4 7PG is Leicester station, which is 3.1 kilometres away.
- Leicester|3.1 km away
- Syston|4.6 km away
- Sileby|8.1 km away
- South Wigston|8.5 km away
