Melton Road - LE15 6AY
Key Postcode Insights
LE15 6AY is a residential postcode situated on Melton Road, Whissendine, Oakham, LE15 with 12 addresses.
It ranks as the 530th largest and 67th 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 12 properties: 2 houses and 10 flats.
- Ave. Sale Price
- £203,889
- 10 Year change
- up 27.2%
- Ave. Rental Price
- £732pcm
- 10 Year change
- up 43.0%
- Ave. £ per ft²
- £195/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Key Postcode Insights
LE15 6AY is a residential postcode situated on Melton Road, Whissendine, Oakham, LE15 with 12 addresses.
It ranks as the 530th largest and 67th 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 12 properties: 2 houses and 10 flats.
- Ave. Sale Price
- £203,889
- 10 Year change
- up 27.2%
- Ave. Rental Price
- £732pcm
- 10 Year change
- up 43.0%
- Ave. £ per ft²
- £195/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Explore Propertiesin LE15 6AY
- 2 Melton Road
Unknown
- 4 Melton Road
Unknown
- 6 Melton Road
Unknown
- 8A Melton Road
4 Bed House
- 20 Melton Road
Building  |  3 Flats
Sales Market Trends
The last sale in LE15 6AY sold for £157,500 on 16th January 2026. Since then prices are up an average of 32.1%.
The current average value in the postcode is £203,889.
The LE15 6AY Sales Market has increased by 27.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.3% | £203,889 |
| June 2025 | -0.5% | £208,647 |
| June 2024 | 0.5% | £209,749 |
| June 2023 | 5.4% | £208,717 |
| June 2022 | 4.8% | £198,022 |
| June 2021 | 3.2% | £188,907 |
| June 2020 | 4.3% | £183,089 |
| June 2019 | 1% | £175,494 |
| June 2018 | 3.9% | £173,786 |
| June 2017 | 4.3% | £167,204 |
| June 2016 | 2.7% | £160,308 |
| June 2015 | 5.9% | £156,024 |
| June 2014 | 3.3% | £147,302 |
| June 2013 | 2% | £142,648 |
| June 2012 | -1.7% | £139,886 |
| June 2011 | 1.2% | £142,336 |
| June 2010 | 1.4% | £140,603 |
| June 2009 | -11% | £138,618 |
| June 2008 | -1.7% | £155,813 |
| June 2007 | 0% | £158,436 |
Rental Market Trends
The current average rental value in the postcode is £732.
The LE15 6AY Rental Market has increased by 43.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £732pcm |
| June 2025 | 7% | £710pcm |
| June 2024 | 4% | £664pcm |
| June 2023 | 10.4% | £638pcm |
| June 2022 | 4.5% | £578pcm |
| June 2021 | 7% | £553pcm |
| June 2020 | 2.2% | £517pcm |
| June 2019 | -0.3% | £506pcm |
| June 2018 | 3.1% | £508pcm |
| June 2017 | -3.8% | £492pcm |
| June 2016 | 5.9% | £512pcm |
| June 2015 | 4.8% | £484pcm |
| June 2014 | 1.2% | £461pcm |
| June 2013 | -2.3% | £456pcm |
| June 2012 | 1.1% | £466pcm |
| June 2011 | 7.7% | £461pcm |
| June 2010 | 0.1% | £428pcm |
| June 2009 | -10.2% | £428pcm |
| June 2008 | 1.5% | £476pcm |
| June 2007 | 0% | £469pcm |
Sales History
The last sale was on 16th January 2026 for £157,500 and since then the market in the area has increased by 32.1%. The postcode has had a total of 3 sales since 1995.
LE15 6AY has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Jan 2026£157,500 | 3 Bed Flat38A, Melton Road, Oakham, LE15 6AY38A, Melton Road, Oakham, LE15 6AY
- Sold Mar 2015£180,000 | 4 Bed House8A, Melton Road, Oakham, LE15 6AY8A, Melton Road, Oakham, LE15 6AY
- Sold Jan 2002£60,000 | 4 Bed House20, Melton Road, Oakham, LE15 6AY20, Melton Road, Oakham, LE15 6AY
Nearby Postcodes
LE15 6AY is the 530th largest and the 67th most expensive postcode out of the 1,030 postcodes in the LE15 area.
- LE15 6BD, White Lion Gardens, Oakham, LE15LE15 6BD5 Addresses|22 m away
- LE15 6AX, Melton Road, Whissendine, Oakham, LE15LE15 6AX15 Addresses|38 m away
- LE15 6BH, Westgate, Oakham, LE15LE15 6BH9 Addresses|52 m away
- LE15 6AG, Finkey Street, Oakham, LE15LE15 6AG27 Addresses|90 m away
- LE15 6QS, Northgate, Oakham, LE15LE15 6QS28 Addresses|111 m away
Property Types
- 7 period flats built between 1800 and 1911
- 1 house of an unknown age
- 4 other addresses of unknown type
- period flat (7)
- house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is E.
- A (0)
- E (3)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (7)
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 School800 m away
- English Martyrs' Catholic Voluntary Academy800 m away
- Catmose College400 m away
- Uppingham Community College10.1 km away
- Casterton College Rutland14.5 km away
More reading links
Public Transport Nearby
The closest station to LE15 6AY 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
