LE13 1RE is a residential postcode situated on Thorpe End, Melton Mowbray, LE13 with 10 addresses.
It ranks as the 111th largest and 74th most expensive of the 567 postcodes in the LE13 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 10 properties: 10 houses.
LE13 1RE is a residential postcode situated on Thorpe End, Melton Mowbray, LE13 with 10 addresses.
It ranks as the 111th largest and 74th most expensive of the 567 postcodes in the LE13 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 10 properties: 10 houses.
Sale prices range from £100,731 for 2 bedroom freehold houses with a garden (387 ft2) to £198,764 for 4 bedroom freehold houses with a garden (1,367 ft2) .
Monthly rental prices range from £509 pcm for 2 bed houses to £878 pcm for 4 bed houses.
The gross rental yield is between 5.3% and 6.1%.
The average value per square foot is £186.
The current average value in the postcode is £152,211.
The LE13 1RE Sales Market has increased by 34.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3% | £152,211 |
| April 2025 | -0.5% | £156,974 |
| April 2024 | -1.5% | £157,789 |
| April 2023 | 2.5% | £160,251 |
| April 2022 | 10.8% | £156,325 |
| April 2021 | 7.7% | £141,027 |
| April 2020 | 1.1% | £130,888 |
| April 2019 | 1.2% | £129,431 |
| April 2018 | 5.3% | £127,866 |
| April 2017 | 7.2% | £121,478 |
| April 2016 | 6.1% | £113,362 |
| April 2015 | 5.4% | £106,841 |
| April 2014 | 6.9% | £101,389 |
| April 2013 | 4.2% | £94,869 |
| April 2012 | -1.6% | £91,042 |
| April 2011 | -0.3% | £92,481 |
| April 2010 | 1.6% | £92,733 |
| April 2009 | -12.7% | £91,265 |
| April 2008 | 1.3% | £104,595 |
| April 2007 | 0% | £103,205 |
The current average rental value in the postcode is £734.
The LE13 1RE Rental Market has increased by 58.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.9% | £734pcm |
| April 2025 | 7.1% | £721pcm |
| April 2024 | 6.9% | £673pcm |
| April 2023 | 6.1% | £629pcm |
| April 2022 | 9.4% | £593pcm |
| April 2021 | 4.8% | £542pcm |
| April 2020 | 1.4% | £517pcm |
| April 2019 | 4.3% | £510pcm |
| April 2018 | 3.2% | £489pcm |
| April 2017 | 2.3% | £474pcm |
| April 2016 | 3.1% | £463pcm |
| April 2015 | 2.3% | £449pcm |
| April 2014 | 2.1% | £439pcm |
| April 2013 | 6.5% | £430pcm |
| April 2012 | -2% | £404pcm |
| April 2011 | 1.8% | £412pcm |
| April 2010 | 0.6% | £405pcm |
| April 2009 | -2.9% | £402pcm |
| April 2008 | 1.4% | £414pcm |
| April 2007 | 0% | £408pcm |
LE13 1RE is the 111th largest and the 74th most expensive postcode out of the 567 postcodes in the LE13 area.
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The closest station to LE13 1RE is Melton Mowbray station which is 700 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around LE13 1RE, 50.4% of property is privately rented and 25.9% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around LE13 1RE, 13.9% of residents are recorded as possessing school level qualifications and 29.1% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around LE13 1RE, the average age was 43.5 and the most common age was 52.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around LE13 1RE, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around LE13 1RE, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.