Welby Road - LE14 3RD
Key Postcode Insights
LE14 3RD is a residential postcode situated on Welby Road, Asfordby Hill, Melton Mowbray, LE14 with 4 addresses.
It ranks as the 160th largest and 328th most expensive of the 665 postcodes in the LE14 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £379,613
- 10 Year change
- up 34.4%
- Ave. Rental Price
- £1,376pcm
- 10 Year change
- up 59.4%
- Ave. £ per ft²
- £251/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Key Postcode Insights
LE14 3RD is a residential postcode situated on Welby Road, Asfordby Hill, Melton Mowbray, LE14 with 4 addresses.
It ranks as the 160th largest and 328th most expensive of the 665 postcodes in the LE14 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £379,613
- 10 Year change
- up 34.4%
- Ave. Rental Price
- £1,376pcm
- 10 Year change
- up 59.4%
- Ave. £ per ft²
- £251/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Explore Propertiesin LE14 3RD
- 61 Welby Road
4 Bed Period House
- 63 Welby Road
4 Bed House
- 65 Welby Road
4 Bed Period House
- 67 Welby Road
3 Bed Period House
Sales Market Trends
The last sale in LE14 3RD sold for £357,500 on 21st November 2025. Since then prices are down an average of 2.0%.
The current average value in the postcode is £379,613.
The LE14 3RD Sales Market has increased by 34.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.8% | £379,613 |
| June 2025 | 3.5% | £390,489 |
| June 2024 | -1.3% | £377,424 |
| June 2023 | 0% | £382,514 |
| June 2022 | 12.8% | £382,430 |
| June 2021 | 4.4% | £339,074 |
| June 2020 | 1.8% | £324,701 |
| June 2019 | 0.9% | £319,113 |
| June 2018 | 9.2% | £316,148 |
| June 2017 | 2.5% | £289,399 |
| June 2016 | 7.2% | £282,348 |
| June 2015 | 8.3% | £263,389 |
| June 2014 | -0.7% | £243,155 |
| June 2013 | 6.5% | £244,893 |
| June 2012 | 4.7% | £230,054 |
| June 2011 | -1.9% | £219,742 |
| June 2010 | 5.4% | £224,065 |
| June 2009 | -13.2% | £212,544 |
| June 2008 | -0.9% | £244,747 |
| June 2007 | 0% | £247,062 |
Rental Market Trends
The current average rental value in the postcode is £1,376.
The LE14 3RD Rental Market has increased by 59.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £1,376pcm |
| June 2025 | 7.5% | £1,351pcm |
| June 2024 | 5.1% | £1,257pcm |
| June 2023 | 6.3% | £1,195pcm |
| June 2022 | 10.7% | £1,125pcm |
| June 2021 | 6.8% | £1,016pcm |
| June 2020 | -0.2% | £952pcm |
| June 2019 | 4.6% | £954pcm |
| June 2018 | 3.1% | £912pcm |
| June 2017 | 2.5% | £884pcm |
| June 2016 | 3.3% | £863pcm |
| June 2015 | 3.7% | £836pcm |
| June 2014 | 3% | £806pcm |
| June 2013 | 1.2% | £783pcm |
| June 2012 | 3% | £774pcm |
| June 2011 | -0.1% | £751pcm |
| June 2010 | 3.1% | £752pcm |
| June 2009 | -5.6% | £729pcm |
| June 2008 | 2% | £772pcm |
| June 2007 | 0% | £757pcm |
Sales History
The last sale was on 21st November 2025 for £357,500 and since then the market in the area has decreased by 2.0%. The postcode has had a total of 8 sales since 1995.
LE14 3RD has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Nov 2025£357,500 | 4 Bed House65, Welby Road, Melton Mowbray, LE14 3RD65, Welby Road, Melton Mowbray, LE14 3RD
- Sold Sep 2021£330,000 | 3 Bed House67, Welby Road, Melton Mowbray, LE14 3RD67, Welby Road, Melton Mowbray, LE14 3RD
- Sold Sep 2017£265,000 | 4 Bed House65, Welby Road, Melton Mowbray, LE14 3RD65, Welby Road, Melton Mowbray, LE14 3RD
- Sold Jun 2009£195,000 | 4 Bed House65, Welby Road, Melton Mowbray, LE14 3RD65, Welby Road, Melton Mowbray, LE14 3RD
- Sold May 2007£300,000 | 4 Bed House63, Welby Road, Melton Mowbray, LE14 3RD63, Welby Road, Melton Mowbray, LE14 3RD
Nearby Postcodes
LE14 3RD is the 160th largest and the 328th most expensive postcode out of the 665 postcodes in the LE14 area.
- LE14 3QY, St. Johns Road, Asfordby Hill, Melton Mowbray, LE14LE14 3QY18 Addresses|199 m away
- LE14 3RF, West Side, Asfordby Hill, Melton Mowbray, LE14LE14 3RF11 Addresses|250 m away
- LE14 3RB, Welby Road, Asfordby Hill, Melton Mowbray, LE14LE14 3RB26 Addresses|272 m away
- LE14 3QZ, South Street, Asfordby Hill, Melton Mowbray, LE14LE14 3QZ34 Addresses|295 m away
- LE14 3QX, Melton Road, Asfordby Hill, Melton Mowbray, LE14LE14 3QX39 Addresses|468 m away
Property Types
- 3 period houses built between 1800 and 1911
- 1 house of an unknown age
- period house (3)
- house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is E.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Nov 2025£357,500 | 4 Bed House65, Welby Road, Melton Mowbray, LE14 3RD65, Welby Road, Melton Mowbray, LE14 3RD
- Sold Sep 2021£330,000 | 3 Bed House67, Welby Road, Melton Mowbray, LE14 3RD67, Welby Road, Melton Mowbray, LE14 3RD
- Sold May 2007£300,000 | 4 Bed House63, Welby Road, Melton Mowbray, LE14 3RD63, Welby Road, Melton Mowbray, LE14 3RD
Schools Nearby
- Asfordby Hill Primary School400 m away
- The Grove Primary School2.0 km away
- St Mary's Church of England Primary School2.0 km away
- Long Field Spencer Academy1.9 km away
- John Ferneley College2.9 km away
- Wreake Valley Academy12.1 km away
More reading links
Public Transport Nearby
The closest station to LE14 3RD is Melton Mowbray station, which is 2.8 kilometres away.
- Melton Mowbray|2.8 km away
- Sileby|13.2 km away
- Syston|13.4 km away
- Barrow-upon-Soar|15.3 km away
