Melton Road - LE15 7EU
Key Postcode Insights
LE15 7EU is a residential postcode situated on Melton Road, Whissendine, Oakham, LE15 with 48 addresses.
It ranks as the 995th largest and 640th most expensive of the 1,030 postcodes in the LE15 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 48 properties: 48 houses.
- Ave. Sale Price
- £427,480
- 10 Year change
- up 35.6%
- Ave. Rental Price
- £1,355pcm
- 10 Year change
- up 56.2%
- Ave. £ per ft²
- £297/ft²
- Ave. Gross Yield
- 3.8%/year/yr
Key Postcode Insights
LE15 7EU is a residential postcode situated on Melton Road, Whissendine, Oakham, LE15 with 48 addresses.
It ranks as the 995th largest and 640th most expensive of the 1,030 postcodes in the LE15 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 48 properties: 48 houses.
- Ave. Sale Price
- £427,480
- 10 Year change
- up 35.6%
- Ave. Rental Price
- £1,355pcm
- 10 Year change
- up 56.2%
- Ave. £ per ft²
- £297/ft²
- Ave. Gross Yield
- 3.8%/year/yr
Explore Propertiesin LE15 7EU
- Chestnut House
5 Bed Modern House
- Rutland Edge
Unknown
- Sailing By
5 Bed Modern House
- The Corner House
4 Bed Modern House
- The Elms
4 Bed Modern House
Sales Market Trends
The last sale in LE15 7EU sold for £635,000 on 10th February 2025. Since then prices are down an average of 1.6%.
The current average value in the postcode is £427,480.
The LE15 7EU Sales Market has increased by 35.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.1% | £427,480 |
| June 2025 | 0.7% | £441,223 |
| June 2024 | -0.6% | £438,027 |
| June 2023 | 3.9% | £440,684 |
| June 2022 | 8.7% | £424,038 |
| June 2021 | 5.9% | £390,123 |
| June 2020 | 3.6% | £368,285 |
| June 2019 | 1.2% | £355,485 |
| June 2018 | 6% | £351,181 |
| June 2017 | 5.1% | £331,398 |
| June 2016 | 4.7% | £315,333 |
| June 2015 | 6.5% | £301,196 |
| June 2014 | 4% | £282,878 |
| June 2013 | 3.2% | £272,014 |
| June 2012 | 0.1% | £263,459 |
| June 2011 | 1% | £263,153 |
| June 2010 | 3.9% | £260,608 |
| June 2009 | -10% | £250,816 |
| June 2008 | -2.1% | £278,769 |
| June 2007 | 0% | £284,675 |
Rental Market Trends
The current average rental value in the postcode is £1,355.
The LE15 7EU Rental Market has increased by 56.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £1,355pcm |
| June 2025 | 7.8% | £1,326pcm |
| June 2024 | 3.9% | £1,231pcm |
| June 2023 | 9.7% | £1,184pcm |
| June 2022 | 7.8% | £1,079pcm |
| June 2021 | 8.2% | £1,001pcm |
| June 2020 | 1.7% | £925pcm |
| June 2019 | 1.6% | £909pcm |
| June 2018 | 3.8% | £895pcm |
| June 2017 | -0.6% | £862pcm |
| June 2016 | 5.4% | £868pcm |
| June 2015 | 4.5% | £824pcm |
| June 2014 | 2.4% | £788pcm |
| June 2013 | -0.1% | £770pcm |
| June 2012 | 2% | £770pcm |
| June 2011 | 5.5% | £755pcm |
| June 2010 | 2.9% | £716pcm |
| June 2009 | -7.3% | £695pcm |
| June 2008 | 1.5% | £750pcm |
| June 2007 | 0% | £739pcm |
Sales History
The last sale was on 10th February 2025 for £635,000 and since then the market in the area has decreased by 1.6%. The postcode has had a total of 45 sales since 1995.
LE15 7EU has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Feb 2025£635,000 | 5 Bed HouseWillowcroft, Melton Road, Oakham, LE15 7EUWillowcroft, Melton Road, Oakham, LE15 7EU
- Sold Sep 2024£425,000 | 4 Bed House24, Melton Road, Oakham, LE15 7EU24, Melton Road, Oakham, LE15 7EU
- Sold Aug 2023£525,000 | 4 Bed House19, Melton Road, Oakham, LE15 7EU19, Melton Road, Oakham, LE15 7EU
- Sold Dec 2022£259,950 | 2 Bed House26, Melton Road, Oakham, LE15 7EU26, Melton Road, Oakham, LE15 7EU
- Sold Aug 2022£475,000 | 4 Bed HouseThe Corner House, Melton Road, Oakham, LE15 7EUThe Corner House, Melton Road, Oakham, LE15 7EU
Nearby Postcodes
LE15 7EU is the 995th largest and the 640th most expensive postcode out of the 1,030 postcodes in the LE15 area.
- LE15 7HR, Stanilands, Whissendine, Oakham, LE15LE15 7HR19 Addresses|124 m away
- LE15 7FB, Walton Close, Whissendine, Oakham, LE15LE15 7FB4 Addresses|145 m away
- LE15 7FE, Thorpe Gardens, Whissendine, Oakham, LE15LE15 7FE5 Addresses|165 m away
- LE15 7EY, Mill Grove, Whissendine, Oakham, LE15LE15 7EY37 Addresses|201 m away
- LE15 7PB, Harborough Close, Whissendine, Oakham, LE15LE15 7PB33 Addresses|242 m away
Property Types
- 11 period houses built between 1800 and 1911
- 6 modern houses built after 1980
- 12 mid-century houses built between 1936 and 1979
- 19 other addresses of unknown type
- period house (11)
- modern house (6)
- mid-century house (12)
- Unknown (19)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 29 properties.
- The most common rating is D.
- A (0)
- E (6)
- B (0)
- F (0)
- C (11)
- G (0)
- D (12)
- No EPC (19)
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
- Whissendine Church of England Primary School800 m away
- Langham CofE (Controlled) Primary School4.0 km away
- St Peter's Church of England Primary School Wymondham5.1 km away
- Catmose College6.1 km away
- Long Field Spencer Academy9.1 km away
- John Ferneley College9.7 km away
More reading links
Public Transport Nearby
The closest station to LE15 7EU is Oakham station, which is 6.3 kilometres away.
- Oakham|6.3 km away
- Melton Mowbray|8.2 km away
- Syston|20.3 km away
- Stamford (Lincs)|22.0 km away
