Lake Terrace - LE13 0BZ
Key Street Insights
Lake Terrace is a residential street with 51 addresses.
It ranks as the 389th largest and 71st most expensive of the 455 streets in the LE13 area. The most common property type is a modern house built after 1980.
The street contains a total of 51 properties: 50 houses and 1 flat.
- Ave. Sale Price
- £158,736
- 10 Year change
- up 28.3%
- Ave. Rental Price
- £769pcm
- 10 Year change
- up 55.6%
- Ave. £ per ft²
- £214/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Street Insights
Lake Terrace is a residential street with 51 addresses.
It ranks as the 389th largest and 71st most expensive of the 455 streets in the LE13 area. The most common property type is a modern house built after 1980.
The street contains a total of 51 properties: 50 houses and 1 flat.
- Ave. Sale Price
- £158,736
- 10 Year change
- up 28.3%
- Ave. Rental Price
- £769pcm
- 10 Year change
- up 55.6%
- Ave. £ per ft²
- £214/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Propertieson Lake Terrace, Melton Mowbray, LE13
- 1 Lake Terrace
Building  |  2 Flats
- 2 Lake Terrace
House
- 3 Lake Terrace
House
- 4 Lake Terrace
2 Bed Modern House
- 5 Lake Terrace
3 Bed Period House
Sales Market Trends
The last sale on Lake Terrace sold for £182,000 on 7th July 2025. Since then prices are down an average of 2.4%.
The current average value in the street is £158,736.
The Lake Terrace Sales Market has increased by 28.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.5% | £158,736 |
| June 2025 | -0.6% | £162,889 |
| June 2024 | -1.1% | £163,846 |
| June 2023 | 0.3% | £165,619 |
| June 2022 | 10.3% | £165,192 |
| June 2021 | 7.8% | £149,737 |
| June 2020 | 1.1% | £138,914 |
| June 2019 | 0.8% | £137,414 |
| June 2018 | 5.7% | £136,363 |
| June 2017 | 4.3% | £128,982 |
| June 2016 | 6.4% | £123,687 |
| June 2015 | 5.6% | £116,245 |
| June 2014 | 6% | £110,069 |
| June 2013 | 1.1% | £103,875 |
| June 2012 | 1.1% | £102,754 |
| June 2011 | -0.4% | £101,604 |
| June 2010 | 2.6% | £102,012 |
| June 2009 | -11.5% | £99,422 |
| June 2008 | -1.8% | £112,284 |
| June 2007 | 0% | £114,399 |
Rental Market Trends
The current average rental value in the street is £769.
The Lake Terrace Rental Market has increased by 55.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £769pcm |
| June 2025 | 7.3% | £748pcm |
| June 2024 | 5.8% | £698pcm |
| June 2023 | 6.2% | £660pcm |
| June 2022 | 9% | £621pcm |
| June 2021 | 6.1% | £570pcm |
| June 2020 | 0.2% | £537pcm |
| June 2019 | 4% | £536pcm |
| June 2018 | 2.2% | £515pcm |
| June 2017 | 1.8% | £504pcm |
| June 2016 | 2.8% | £494pcm |
| June 2015 | 3.3% | £481pcm |
| June 2014 | 2.3% | £466pcm |
| June 2013 | 1% | £455pcm |
| June 2012 | 2.3% | £451pcm |
| June 2011 | 0.5% | £441pcm |
| June 2010 | 3.7% | £439pcm |
| June 2009 | -5.5% | £423pcm |
| June 2008 | 2% | £448pcm |
| June 2007 | 0% | £439pcm |
Sales History
The last sale was on 7th July 2025 for £182,000 and since then the market in the area has decreased by 2.4%. The street has had a total of 40 sales since 1995.
Lake Terrace, Melton Mowbray, LE13 has seen 5 sales in the last three years and no sales in the last twelve months.
- Sold Jul 2025£182,000 | 3 Bed House48, Lake Terrace, Melton Mowbray, LE13 0BZ48, Lake Terrace, Melton Mowbray, LE13 0BZ
- Sold May 2025£150,000 | 2 Bed House44, Lake Terrace, Melton Mowbray, LE13 0BZ44, Lake Terrace, Melton Mowbray, LE13 0BZ
- Sold Jul 2024£185,000 | 3 Bed House37, Lake Terrace, Melton Mowbray, LE13 0BZ37, Lake Terrace, Melton Mowbray, LE13 0BZ
- Sold Jun 2023£168,000 | 3 Bed House7, Lake Terrace, Melton Mowbray, LE13 0BZ7, Lake Terrace, Melton Mowbray, LE13 0BZ
- Sold May 2023£135,000 | 3 Bed House11, Lake Terrace, Melton Mowbray, LE13 0BZ11, Lake Terrace, Melton Mowbray, LE13 0BZ
Top 3 Most Expensive Sales
- Sold Jul 2024£185,000 | 3 Bed House37, Lake Terrace, Melton Mowbray, LE13 0BZ37, Lake Terrace, Melton Mowbray, LE13 0BZ
- Sold Jul 2025£182,000 | 3 Bed House48, Lake Terrace, Melton Mowbray, LE13 0BZ48, Lake Terrace, Melton Mowbray, LE13 0BZ
- Sold Jun 2023£168,000 | 3 Bed House7, Lake Terrace, Melton Mowbray, LE13 0BZ7, Lake Terrace, Melton Mowbray, LE13 0BZ
Nearby Streets
Lake Terrace, Melton Mowbray, LE13 is the 389th largest and the 71st most expensive street in the LE13 area.
- Ambleside Way, Melton Mowbray, LE1311 Addresses|53 m away
- Ullswater Road, Melton Mowbray, LE1348 Addresses|75 m away
- Oxbow Close, Melton Mowbray, LE1313 Addresses|79 m away
- Bisley Park, Melton Mowbray, LE134 Addresses|123 m away
- Buttermere Close, Melton Mowbray, LE1364 Addresses|125 m away
- Lancaster Walk, Melton Mowbray, LE1333 Addresses|176 m away
Property Types
- 9 period houses built between 1800 and 1911
- 20 modern houses built after 1980
- 2 mid-century houses built between 1936 and 1979
- 8 early-century houses built between 1912 and 1935
- 2 early-century flats built between 1912 and 1935
- 10 other addresses of unknown type
- period house (9)
- modern house (20)
- mid-century house (2)
- early-century house (8)
- early-century flat (2)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 41 properties.
- The most common rating is C.
- A (0)
- E (3)
- B (1)
- F (0)
- C (20)
- G (1)
- D (16)
- No EPC (10)
Schools Nearby
- The Grove Primary School600 m away
- Saint Francis Catholic Primary School700 m away
- Swallowdale Primary School and Community Centre1.2 km away
- Long Field Spencer Academy200 m away
- John Ferneley College2.3 km away
- Wreake Valley Academy13.1 km away
More reading links
Public Transport Nearby
The closest station to Lake Terrace, Melton Mowbray, LE13 - LE13 0BZ is Melton Mowbray station, which is 900 metres away.
- Melton Mowbray|900 m away
- Syston|14.4 km away
- Sileby|14.6 km away
