LE14 3LU is a residential postcode situated on Longcliff Close, Old Dalby, Melton Mowbray, LE14 with 21 addresses.
It ranks as the 532nd largest and 301st most expensive of the 665 postcodes in the LE14 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 21 properties: 21 houses.
LE14 3LU is a residential postcode situated on Longcliff Close, Old Dalby, Melton Mowbray, LE14 with 21 addresses.
It ranks as the 532nd largest and 301st most expensive of the 665 postcodes in the LE14 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 21 properties: 21 houses.
Sale prices range from £204,537 for 2 bedroom freehold houses with a garden (624 ft2) to £537,087 for 5 bedroom freehold houses with a garden (2,163 ft2) .
Monthly rental prices range from £912 pcm for 2 bed houses to £1,792 pcm for 5 bed houses.
The gross rental yield is between 3.6% and 5.4%.
The average value per square foot is £328.
The last sale in LE14 3LU sold for £325,000 on 30th June 2021. Since then prices are up an average of 8.3%.
The current average value in the postcode is £367,688.
The LE14 3LU Sales Market has increased by 36.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.3% | £367,688 |
| April 2025 | 2% | £380,160 |
| April 2024 | -1.2% | £372,709 |
| April 2023 | 2.1% | £377,082 |
| April 2022 | 10.7% | £369,377 |
| April 2021 | 4.4% | £333,708 |
| April 2020 | 3.1% | £319,672 |
| April 2019 | 1.2% | £310,119 |
| April 2018 | 6.5% | £306,538 |
| April 2017 | 6.8% | £287,740 |
| April 2016 | 4.4% | £269,360 |
| April 2015 | 8.7% | £258,097 |
| April 2014 | -0.1% | £237,341 |
| April 2013 | 5.9% | £237,635 |
| April 2012 | 3.3% | £224,441 |
| April 2011 | 0.7% | £217,239 |
| April 2010 | 1% | £215,735 |
| April 2009 | -11.9% | £213,659 |
| April 2008 | 0.8% | £242,518 |
| April 2007 | 0% | £240,614 |
The current average rental value in the postcode is £1,305.
The LE14 3LU Rental Market has increased by 56.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.1% | £1,305pcm |
| April 2025 | 6.3% | £1,278pcm |
| April 2024 | 6.5% | £1,201pcm |
| April 2023 | 6.7% | £1,128pcm |
| April 2022 | 8.6% | £1,056pcm |
| April 2021 | 4.9% | £973pcm |
| April 2020 | 1.5% | £927pcm |
| April 2019 | 3.9% | £913pcm |
| April 2018 | 3.2% | £879pcm |
| April 2017 | 2.1% | £852pcm |
| April 2016 | 3.4% | £834pcm |
| April 2015 | 2.6% | £807pcm |
| April 2014 | 2% | £786pcm |
| April 2013 | 6.4% | £771pcm |
| April 2012 | -0.8% | £725pcm |
| April 2011 | 1.1% | £730pcm |
| April 2010 | 1.1% | £722pcm |
| April 2009 | -3.5% | £714pcm |
| April 2008 | 1.1% | £740pcm |
| April 2007 | 0% | £732pcm |
The last sale was on 30th June 2021 for £325,000 and since then the market in the area has increased by 8.3%. The postcode has had a total of 25 sales since 1995.
LE14 3LU has seen no sales in the last three years and no sales in the last twelve months.
LE14 3LU is the 532nd largest and the 301st most expensive postcode out of the 665 postcodes in the LE14 area.
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The closest station to LE14 3LU is Melton Mowbray station which is 9.5 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around LE14 3LU, 40.4% of property is privately owned with a mortgage and 30.1% is privately owned outright.
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 LE14 3LU, 18.6% of residents are recorded as possessing school level qualifications and 35.4% 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 LE14 3LU, the average age was 44.2 and the most common age was 57.
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 LE14 3LU, 1.4% 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 LE14 3LU, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.