LE4 5EA is a residential postcode situated on Melton Road, Leicester, LE4 with 31 addresses.
It ranks as the 1329th largest and 119th most expensive of the 1,781 postcodes in the LE4 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 31 properties: 6 houses and 25 flats.
LE4 5EA is a residential postcode situated on Melton Road, Leicester, LE4 with 31 addresses.
It ranks as the 1329th largest and 119th most expensive of the 1,781 postcodes in the LE4 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 31 properties: 6 houses and 25 flats.
Sale prices range from £91,736 for 1 bedroom Leasehold flats (387 ft2) to £423,587 for 5 bedroom freehold houses with a garden (2,105 ft2) .
Monthly rental prices range from £491 pcm for 1 bed flats to £1,714 pcm for 5 bed houses.
The gross rental yield is between 4.7% and 6.4%.
The average value per square foot is £225.
The last sale in LE4 5EA sold for £359,000 on 11th April 2008. Since then prices are up an average of 53.2%.
The current average value in the postcode is £168,054.
The LE4 5EA Sales Market has increased by 46.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.1% | £168,054 |
| April 2025 | 0.1% | £173,481 |
| April 2024 | -0.5% | £173,265 |
| April 2023 | 5.8% | £174,083 |
| April 2022 | 10% | £164,495 |
| April 2021 | 7.2% | £149,573 |
| April 2020 | 2.8% | £139,480 |
| April 2019 | 6.3% | £135,641 |
| April 2018 | 3.1% | £127,658 |
| April 2017 | 7.6% | £123,790 |
| April 2016 | 6.2% | £115,035 |
| April 2015 | 4.6% | £108,314 |
| April 2014 | 5.7% | £103,572 |
| April 2013 | 2.1% | £97,944 |
| April 2012 | -1.1% | £95,934 |
| April 2011 | 1.1% | £96,969 |
| April 2010 | 3.2% | £95,918 |
| April 2009 | -13.5% | £92,955 |
| April 2008 | -0.5% | £107,474 |
| April 2007 | 0% | £107,965 |
The current average rental value in the postcode is £782.
The LE4 5EA Rental Market has increased by 56.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.7% | £782pcm |
| April 2025 | 4.8% | £761pcm |
| April 2024 | 8.5% | £726pcm |
| April 2023 | 8.6% | £669pcm |
| April 2022 | 8.1% | £616pcm |
| April 2021 | 3.5% | £570pcm |
| April 2020 | 2.9% | £550pcm |
| April 2019 | 1.9% | £535pcm |
| April 2018 | 1.2% | £525pcm |
| April 2017 | 3.6% | £519pcm |
| April 2016 | 3% | £501pcm |
| April 2015 | 3.3% | £486pcm |
| April 2014 | 0.1% | £471pcm |
| April 2013 | 1.6% | £470pcm |
| April 2012 | -0.8% | £463pcm |
| April 2011 | 3.6% | £467pcm |
| April 2010 | 0.4% | £450pcm |
| April 2009 | -4.6% | £449pcm |
| April 2008 | 1.8% | £470pcm |
| April 2007 | 0% | £462pcm |
The last sale was on 11th April 2008 for £359,000 and since then the market in the area has increased by 53.2%. The postcode has had a total of 9 sales since 1995.
LE4 5EA has seen no sales in the last three years and no sales in the last twelve months.
LE4 5EA is the 1329th largest and the 119th most expensive postcode out of the 1,781 postcodes in the LE4 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around LE4 5EA, 42.4% of property is socially rented and 38.4% is privately rented.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around LE4 5EA, 16.5% of residents are recorded as possessing school level qualifications and 13.5% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around LE4 5EA, the average age was 39.5 and the most common age was 37.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around LE4 5EA, 0.5% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around LE4 5EA, there are an average of 0.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.