Melton Road - LE15 6AX
Key Postcode Insights
LE15 6AX is a residential postcode situated on Melton Road, Whissendine, Oakham, LE15 with 15 addresses.
It ranks as the 615th largest and 18th most expensive of the 1,030 postcodes in the LE15 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 15 properties: 5 houses and 10 flats.
- Ave. Sale Price
- £166,081
- 10 Year change
- up 28.5%
- Ave. Rental Price
- £721pcm
- 10 Year change
- up 44.5%
- Ave. £ per ft²
- £184/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Key Postcode Insights
LE15 6AX is a residential postcode situated on Melton Road, Whissendine, Oakham, LE15 with 15 addresses.
It ranks as the 615th largest and 18th most expensive of the 1,030 postcodes in the LE15 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 15 properties: 5 houses and 10 flats.
- Ave. Sale Price
- £166,081
- 10 Year change
- up 28.5%
- Ave. Rental Price
- £721pcm
- 10 Year change
- up 44.5%
- Ave. £ per ft²
- £184/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Explore Propertiesin LE15 6AX
- 3 Melton Road
Unknown
- 9A Melton Road
2 Bed Period Flat
- 11 Melton Road
Building  |  3 Flats
- 19A Melton Road
2 Bed Period Flat
- 27A Melton Road
3 Bed Mid-century Flat
Sales Market Trends
The last sale in LE15 6AX sold for £270,000 on 7th January 2019. Since then prices are up an average of 18.1%.
The current average value in the postcode is £166,081.
The LE15 6AX Sales Market has increased by 28.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.8% | £166,081 |
| June 2025 | -0.6% | £170,825 |
| June 2024 | 0.3% | £171,806 |
| June 2023 | 5.5% | £171,283 |
| June 2022 | 5.4% | £162,303 |
| June 2021 | 3.5% | £153,936 |
| June 2020 | 4.3% | £148,752 |
| June 2019 | 1.1% | £142,620 |
| June 2018 | 4.5% | £141,076 |
| June 2017 | 4.5% | £135,004 |
| June 2016 | 2.9% | £129,200 |
| June 2015 | 6% | £125,605 |
| June 2014 | 3.3% | £118,465 |
| June 2013 | 2.4% | £114,634 |
| June 2012 | -1.7% | £111,942 |
| June 2011 | 1.3% | £113,885 |
| June 2010 | 1.3% | £112,472 |
| June 2009 | -11.2% | £111,026 |
| June 2008 | -1.6% | £124,977 |
| June 2007 | 0% | £127,014 |
Rental Market Trends
The current average rental value in the postcode is £721.
The LE15 6AX Rental Market has increased by 44.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £721pcm |
| June 2025 | 7% | £703pcm |
| June 2024 | 3.8% | £657pcm |
| June 2023 | 10.6% | £633pcm |
| June 2022 | 5.1% | £573pcm |
| June 2021 | 7.3% | £545pcm |
| June 2020 | 2.1% | £508pcm |
| June 2019 | -0.2% | £497pcm |
| June 2018 | 3.7% | £498pcm |
| June 2017 | -3.7% | £481pcm |
| June 2016 | 6% | £499pcm |
| June 2015 | 4.9% | £471pcm |
| June 2014 | 1.3% | £449pcm |
| June 2013 | -1.9% | £443pcm |
| June 2012 | 1.2% | £451pcm |
| June 2011 | 7.7% | £446pcm |
| June 2010 | -0.1% | £414pcm |
| June 2009 | -10.3% | £414pcm |
| June 2008 | 1.6% | £462pcm |
| June 2007 | 0% | £455pcm |
Sales History
The last sale was on 7th January 2019 for £270,000 and since then the market in the area has increased by 18.1%. The postcode has had a total of 7 sales since 1995.
LE15 6AX has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jan 2019£270,000 | 4 Bed House33, Melton Road, Oakham, LE15 6AX33, Melton Road, Oakham, LE15 6AX
- Sold Nov 2017£170,000 | 4 Bed House29, Melton Road, Oakham, LE15 6AX29, Melton Road, Oakham, LE15 6AX
- Sold Jul 2007£210,000 | 4 Bed House37, Melton Road, Oakham, LE15 6AX37, Melton Road, Oakham, LE15 6AX
- Sold Nov 2002£108,000 | 4 Bed House37, Melton Road, Oakham, LE15 6AX37, Melton Road, Oakham, LE15 6AX
- Sold Dec 1999£70,000 | 4 Bed House37, Melton Road, Oakham, LE15 6AX37, Melton Road, Oakham, LE15 6AX
Nearby Postcodes
LE15 6AX is the 615th largest and the 18th most expensive postcode out of the 1,030 postcodes in the LE15 area.
- LE15 6AY, Melton Road, Whissendine, Oakham, LE15LE15 6AY12 Addresses|38 m away
- LE15 6BD, White Lion Gardens, Oakham, LE15LE15 6BD5 Addresses|43 m away
- LE15 6AG, Finkey Street, Oakham, LE15LE15 6AG27 Addresses|83 m away
- LE15 6BH, Westgate, Oakham, LE15LE15 6BH9 Addresses|90 m away
- LE15 6QE, Northgate, Oakham, LE15LE15 6QE20 Addresses|95 m away
Property Types
- 3 period houses built between 1800 and 1911
- 7 period flats built between 1800 and 1911
- 1 mid-century flat built between 1936 and 1979
- 1 house of an unknown age
- 3 other addresses of unknown type
- period house (3)
- period flat (7)
- mid-century flat (1)
- house (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (2)
- C (2)
- G (0)
- D (6)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Apr 2021£4,133,415 | 5 Bed HouseHome Close Bungalow, Melton Road, Oakham, LE15 7EXHome Close Bungalow, Melton Road, Oakham, LE15 7EX
- Sold Oct 2017£2,981,287 | 5 Bed HouseHome Farm, Melton Road, Oakham, LE15 7EXHome Farm, Melton Road, Oakham, LE15 7EX
- Sold Feb 2025£635,000 | 5 Bed HouseWillowcroft, Melton Road, Oakham, LE15 7EUWillowcroft, Melton Road, Oakham, LE15 7EU
Schools Nearby
- Catmose Primary700 m away
- Oakham CofE Primary School700 m away
- English Martyrs' Catholic Voluntary Academy700 m away
- Catmose College500 m away
- Uppingham Community College10.1 km away
- Casterton College Rutland14.4 km away
More reading links
Public Transport Nearby
The closest station to LE15 6AX is Oakham station, which is 200 metres away.
- Oakham|200 m away
- Melton Mowbray|14.4 km away
- Stamford (Lincs)|17.2 km away
- Corby|20.5 km away
