LE14 2QA is a residential postcode situated on High Street, Somerby, Melton Mowbray, LE14 with 8 addresses.
It ranks as the 294th largest and 385th most expensive of the 665 postcodes in the LE14 area.
The postcode contains a total of 8 properties: 7 houses and 1 flat.
LE14 2QA is a residential postcode situated on High Street, Somerby, Melton Mowbray, LE14 with 8 addresses.
It ranks as the 294th largest and 385th most expensive of the 665 postcodes in the LE14 area.
The postcode contains a total of 8 properties: 7 houses and 1 flat.
Sale prices range from £145,552 for 3 bedroom Leasehold flats (866 ft2) to £481,240 for 4 bedroom freehold houses with a garden (1,905 ft2) .
Monthly rental prices range from £650 pcm for 3 bed flats to £1,475 pcm for 4 bed houses.
The gross rental yield is between 3.7% and 5.4%.
The average value per square foot is £286.
The last sale in LE14 2QA sold for £445,000 on 11th November 2024. Since then prices are down an average of 1.8%.
The current average value in the postcode is £382,295.
The LE14 2QA Sales Market has increased by 32.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.2% | £382,295 |
| April 2025 | 0.5% | £394,976 |
| April 2024 | -0.5% | £392,825 |
| April 2023 | 2.6% | £394,926 |
| April 2022 | 8.6% | £385,057 |
| April 2021 | 4.9% | £354,421 |
| April 2020 | 3% | £337,759 |
| April 2019 | 1.4% | £327,768 |
| April 2018 | 5.7% | £323,261 |
| April 2017 | 5.7% | £305,854 |
| April 2016 | 4.8% | £289,255 |
| April 2015 | 7.1% | £275,903 |
| April 2014 | 2.2% | £257,657 |
| April 2013 | 4.2% | £252,118 |
| April 2012 | -0.4% | £241,840 |
| April 2011 | 0.4% | £242,748 |
| April 2010 | 1.6% | £241,759 |
| April 2009 | -11.8% | £238,051 |
| April 2008 | 0% | £269,837 |
| April 2007 | 0% | £269,708 |
The current average rental value in the postcode is £1,264.
The LE14 2QA Rental Market has increased by 52.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £1,264pcm |
| April 2025 | 6.4% | £1,234pcm |
| April 2024 | 6.5% | £1,160pcm |
| April 2023 | 6.9% | £1,089pcm |
| April 2022 | 7.8% | £1,018pcm |
| April 2021 | 4.8% | £945pcm |
| April 2020 | 1.7% | £902pcm |
| April 2019 | 3% | £887pcm |
| April 2018 | 2.8% | £861pcm |
| April 2017 | 0.8% | £838pcm |
| April 2016 | 3.8% | £831pcm |
| April 2015 | 3.2% | £801pcm |
| April 2014 | 1.1% | £777pcm |
| April 2013 | 4% | £768pcm |
| April 2012 | -0.8% | £739pcm |
| April 2011 | 2.5% | £745pcm |
| April 2010 | 0.3% | £726pcm |
| April 2009 | -4.1% | £724pcm |
| April 2008 | 1.1% | £755pcm |
| April 2007 | 0% | £747pcm |
The last sale was on 11th November 2024 for £445,000 and since then the market in the area has decreased by 1.8%. The postcode has had a total of 15 sales since 1995.
LE14 2QA has seen 1 sale in the last three years and no sales in the last twelve months.
LE14 2QA is the 294th largest and the 385th most expensive postcode out of the 665 postcodes in the LE14 area.
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The closest station to LE14 2QA is Oakham station which is 8.0 kilometres away.
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