Melbourne Road - LE2 0GT
Key Postcode Insights
LE2 0GT is a residential postcode situated on Melbourne Road, Leicester, LE2 with 21 addresses.
It ranks as the 807th largest and 1012th most expensive of the 1,980 postcodes in the LE2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 21 properties: 16 houses, 1 flat and 4 other properties.
- Ave. Sale Price
- £230,043
- 10 Year change
- up 55.1%
- Ave. Rental Price
- £1,145pcm
- 10 Year change
- up 70.5%
- Ave. £ per ft²
- £174/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
LE2 0GT is a residential postcode situated on Melbourne Road, Leicester, LE2 with 21 addresses.
It ranks as the 807th largest and 1012th most expensive of the 1,980 postcodes in the LE2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 21 properties: 16 houses, 1 flat and 4 other properties.
- Ave. Sale Price
- £230,043
- 10 Year change
- up 55.1%
- Ave. Rental Price
- £1,145pcm
- 10 Year change
- up 70.5%
- Ave. £ per ft²
- £174/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Properties in LE2 0GT
- 5 Melbourne Road
3 Bed Period House
- 7 Melbourne Road
4 Bed Period House
- 9 Melbourne Road
House
- 11 Melbourne Road
4 Bed Period House
- 13 Melbourne Road
House
Sales Market Trends
The last sale in LE2 0GT sold for £288,000 on 29th May 2025. Since then prices are down an average of 0.2%.
The current average value in the postcode is £230,043.
The LE2 0GT Sales Market has increased by 55.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £230,043 |
| June 2025 | 2% | £230,879 |
| June 2024 | -1.1% | £226,331 |
| June 2023 | 2.2% | £228,747 |
| June 2022 | 10.3% | £223,764 |
| June 2021 | 8.3% | £202,803 |
| June 2020 | 4.3% | £187,245 |
| June 2019 | 4.8% | £179,535 |
| June 2018 | 7.7% | £171,372 |
| June 2017 | 7.3% | £159,169 |
| June 2016 | 6.5% | £148,326 |
| June 2015 | 5.2% | £139,281 |
| June 2014 | 6.5% | £132,447 |
| June 2013 | 0.6% | £124,330 |
| June 2012 | 0.1% | £123,632 |
| June 2011 | -0.5% | £123,492 |
| June 2010 | 6.8% | £124,084 |
| June 2009 | -11.5% | £116,139 |
| June 2008 | -3.4% | £131,277 |
| June 2007 | 0% | £135,888 |
Rental Market Trends
The current average rental value in the postcode is £1,145.
The LE2 0GT Rental Market has increased by 70.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4% | £1,145pcm |
| June 2025 | 5% | £1,101pcm |
| June 2024 | 7.5% | £1,048pcm |
| June 2023 | 9% | £976pcm |
| June 2022 | 10.6% | £895pcm |
| June 2021 | 5% | £810pcm |
| June 2020 | 3.4% | £771pcm |
| June 2019 | 2.7% | £746pcm |
| June 2018 | 4% | £726pcm |
| June 2017 | 4% | £698pcm |
| June 2016 | 3.6% | £672pcm |
| June 2015 | 3.4% | £649pcm |
| June 2014 | 2% | £627pcm |
| June 2013 | 2% | £615pcm |
| June 2012 | -0.1% | £603pcm |
| June 2011 | 3.4% | £604pcm |
| June 2010 | 4% | £584pcm |
| June 2009 | -6.7% | £561pcm |
| June 2008 | 1.5% | £601pcm |
| June 2007 | 0% | £592pcm |
Sales History
The last recorded sale was on 29th May 2025 for £288,000 and since then the market in the area has decreased by 0.2%.
LE2 0GT has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold May 2025£288,000 | 3 Bed House47, Melbourne Road, Leicester, LE2 0GT47, Melbourne Road, Leicester, LE2 0GT
- Sold Jun 2024£270,000 | 5 Bed House23, Melbourne Road, Leicester, LE2 0GT23, Melbourne Road, Leicester, LE2 0GT
- Sold Feb 2023£270,000 | 4 Bed House43, Melbourne Road, Leicester, LE2 0GT43, Melbourne Road, Leicester, LE2 0GT
Nearby Postcodes
LE2 0GT is the 807th largest and the 1012th most expensive postcode out of the 1,980 postcodes in the LE2 area.
- LE2 0DR, Melbourne Road, Leicester, LE2LE2 0DR33 Addresses|82 m away
- LE2 0SG, Oxendon Street, Leicester, LE2LE2 0SG32 Addresses|87 m away
- LE2 0ED, Worthington Street, Leicester, LE2LE2 0ED40 Addresses|94 m away
- LE2 0DU, Twycross Street, Leicester, LE2LE2 0DU48 Addresses|96 m away
- LE2 0DE, Donnington Street, Leicester, LE2LE2 0DE37 Addresses|96 m away
Property Types
- 15 period houses built between 1800 and 1911
- 1 period flat built between 1800 and 1911
- 1 house of an unknown age
- 4 other addresses of unknown type
- period house (15)
- period flat (1)
- house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 17 properties.
- The most common rating is D.
- A (0)
- E (7)
- B (0)
- F (1)
- C (1)
- G (0)
- D (8)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold May 2025£288,000 | 3 Bed House47, Melbourne Road, Leicester, LE2 0GT47, Melbourne Road, Leicester, LE2 0GT
- Sold Feb 2025£275,000 | 4 Bed House18, Melbourne Road, Leicester, LE2 0DR18, Melbourne Road, Leicester, LE2 0DR
- Sold Feb 2023£270,000 | 4 Bed House43, Melbourne Road, Leicester, LE2 0GT43, Melbourne Road, Leicester, LE2 0GT
Schools Nearby
- Uplands Junior L.E.A.D. Academy100 m away
- Uplands Infant School100 m away
- Highfields Primary School200 m away
- Moat Community College500 m away
- Madani Girls' School1.0 km away
- Madani Boys School1.0 km away
More reading links
Public Transport Nearby
The closest station to LE2 0GT is Leicester station, which is 800 metres away.
- Leicester|800 m away
- South Wigston|5.6 km away
- Syston|7.4 km away
- Narborough|9.0 km away