LE14 3QG is a residential postcode situated on Melton Road, Hickling Pastures, Melton Mowbray, LE14 with 43 addresses.
It ranks as the 640th largest and 501st most expensive of the 665 postcodes in the LE14 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 43 properties: 42 houses and 1 flat.
LE14 3QG is a residential postcode situated on Melton Road, Hickling Pastures, Melton Mowbray, LE14 with 43 addresses.
It ranks as the 640th largest and 501st most expensive of the 665 postcodes in the LE14 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 43 properties: 42 houses and 1 flat.
Sale prices range from £204,537 for 2 bedroom freehold houses with a garden (635 ft2) to £1,396,713 for 5 bedroom freehold houses with a garden (2,863 ft2) .
Monthly rental prices range from £912 pcm for 2 bed houses to £3,526 pcm for 5 bed houses.
The gross rental yield is between 2.9% and 5.4%.
The average value per square foot is £343.
The last sale in LE14 3QG sold for £480,000 on 27th June 2025. Since then prices are down an average of 1.6%.
The current average value in the postcode is £586,041.
The LE14 3QG Sales Market has increased by 32.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.5% | £586,041 |
| April 2025 | 1.3% | £600,891 |
| April 2024 | -1.2% | £592,973 |
| April 2023 | 2.9% | £599,918 |
| April 2022 | 8.3% | £582,897 |
| April 2021 | 4.8% | £538,432 |
| April 2020 | 3% | £513,577 |
| April 2019 | 1.6% | £498,562 |
| April 2018 | 4.9% | £490,896 |
| April 2017 | 5.9% | £467,795 |
| April 2016 | 4.7% | £441,686 |
| April 2015 | 8% | £421,812 |
| April 2014 | 2.2% | £390,528 |
| April 2013 | 4.9% | £381,985 |
| April 2012 | 1.5% | £364,093 |
| April 2011 | 0.7% | £358,787 |
| April 2010 | 2.1% | £356,274 |
| April 2009 | -11.4% | £349,091 |
| April 2008 | 0.4% | £393,915 |
| April 2007 | 0% | £392,441 |
The current average rental value in the postcode is £1,679.
The LE14 3QG Rental Market has increased by 51.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.1% | £1,679pcm |
| April 2025 | 5.5% | £1,644pcm |
| April 2024 | 6.7% | £1,558pcm |
| April 2023 | 7.2% | £1,461pcm |
| April 2022 | 7.4% | £1,363pcm |
| April 2021 | 4.2% | £1,269pcm |
| April 2020 | 1.8% | £1,218pcm |
| April 2019 | 2.6% | £1,196pcm |
| April 2018 | 3.2% | £1,166pcm |
| April 2017 | 1.8% | £1,130pcm |
| April 2016 | 3.2% | £1,110pcm |
| April 2015 | 2.5% | £1,076pcm |
| April 2014 | 2.3% | £1,050pcm |
| April 2013 | 5.4% | £1,026pcm |
| April 2012 | -0.5% | £974pcm |
| April 2011 | 1% | £979pcm |
| April 2010 | 1.6% | £969pcm |
| April 2009 | -4.5% | £954pcm |
| April 2008 | -0.4% | £999pcm |
| April 2007 | 0% | £1,003pcm |
The last sale was on 27th June 2025 for £480,000 and since then the market in the area has decreased by 1.6%. The postcode has had a total of 35 sales since 1995.
LE14 3QG has seen 2 sales in the last three years and 1 sale in the last twelve months.
LE14 3QG is the 640th largest and the 501st most expensive postcode out of the 665 postcodes in the LE14 area.
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The closest station to LE14 3QG is Radcliffe (Nottinghamshire) station which is 11.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around LE14 3QG, 52.2% of property is privately owned outright and 37.3% 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 LE14 3QG, 13.9% of residents are recorded as possessing school level qualifications and 28.3% 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 3QG, the average age was 47.2 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 3QG, 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 LE14 3QG, there are an average of 2.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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