Melton Road - LE4 5ED
Key Postcode Insights
LE4 5ED is a residential postcode situated on Melton Road, Thurmaston, Leicester, LE4 with 14 addresses.
It ranks as the 565th largest and 118th most expensive of the 1,783 postcodes in the LE4 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 14 properties: 14 flats.
- Ave. Sale Price
- £118,021
- 10 Year change
- up 45.5%
- Ave. Rental Price
- £651pcm
- 10 Year change
- up 57.3%
- Ave. £ per ft²
- £276/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Postcode Insights
LE4 5ED is a residential postcode situated on Melton Road, Thurmaston, Leicester, LE4 with 14 addresses.
It ranks as the 565th largest and 118th most expensive of the 1,783 postcodes in the LE4 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 14 properties: 14 flats.
- Ave. Sale Price
- £118,021
- 10 Year change
- up 45.5%
- Ave. Rental Price
- £651pcm
- 10 Year change
- up 57.3%
- Ave. £ per ft²
- £276/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Propertiesin LE4 5ED
- 106-108 Melton Road
Unknown
- 110A Melton Road
Building | 3 Flats
- 112A Melton Road
Unknown
- 116 Melton Road
Building | 2 Flats
- 118 Melton Road
Building | 2 Flats
Sales Market Trends
The last sale in LE4 5ED sold for £360,000 on 1st July 2019. Since then prices are down an average of 0.0%.
The current average value in the postcode is £118,021.
The LE4 5ED Sales Market has increased by 45.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.6% | £118,021 |
| June 2025 | -0.2% | £117,298 |
| June 2024 | 0.3% | £117,501 |
| June 2023 | 2.9% | £117,136 |
| June 2022 | 10.2% | £113,813 |
| June 2021 | 6.3% | £103,298 |
| June 2020 | 4.3% | £97,198 |
| June 2019 | 5.3% | £93,168 |
| June 2018 | 3% | £88,491 |
| June 2017 | 5.9% | £85,940 |
| June 2016 | 6.8% | £81,117 |
| June 2015 | 4.2% | £75,954 |
| June 2014 | 5.4% | £72,883 |
| June 2013 | 1.7% | £69,125 |
| June 2012 | -1.2% | £67,976 |
| June 2011 | -0.6% | £68,832 |
| June 2010 | 4.6% | £69,244 |
| June 2009 | -12.7% | £66,202 |
| June 2008 | -4% | £75,831 |
| June 2007 | 0% | £79,029 |
Rental Market Trends
The current average rental value in the postcode is £651.
The LE4 5ED Rental Market has increased by 57.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £651pcm |
| June 2025 | 4% | £627pcm |
| June 2024 | 9% | £603pcm |
| June 2023 | 7.7% | £553pcm |
| June 2022 | 9.2% | £513pcm |
| June 2021 | 2.2% | £470pcm |
| June 2020 | 4.4% | £460pcm |
| June 2019 | 1.4% | £440pcm |
| June 2018 | 1.6% | £434pcm |
| June 2017 | 3.3% | £427pcm |
| June 2016 | 2.3% | £414pcm |
| June 2015 | 2.6% | £404pcm |
| June 2014 | 1.1% | £394pcm |
| June 2013 | 1.2% | £390pcm |
| June 2012 | -1.1% | £385pcm |
| June 2011 | 2.2% | £390pcm |
| June 2010 | 1.5% | £381pcm |
| June 2009 | -6.7% | £376pcm |
| June 2008 | 0.8% | £403pcm |
| June 2007 | 0% | £399pcm |
Sales History
The last sale was on 1st July 2019 for £360,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
LE4 5ED has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
LE4 5ED is the 565th largest and the 118th most expensive postcode out of the 1,783 postcodes in the LE4 area.
- LE4 5DS, Wingfield Street, Leicester, LE4LE4 5DS14 Addresses|64 m away
- LE4 5DW, Herbert Avenue, Leicester, LE4LE4 5DW15 Addresses|68 m away
- LE4 6QS, Melton Road, Thurmaston, Leicester, LE4LE4 6QS23 Addresses|68 m away
- LE4 5DU, Windsor Avenue, Leicester, LE4LE4 5DU22 Addresses|88 m away
- LE4 5DR, Shaftesbury Avenue, Leicester, LE4LE4 5DR13 Addresses|102 m away
Property Types
- 1 period flat built between 1800 and 1911
- 13 other addresses of unknown type
- period flat (1)
- Unknown (13)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (2)
- G (0)
- D (3)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Mar 2024£5,716,199 | 2 Bed FlatApartment 1, Watermead View 512, Melton Road, Leicester, LE4 7SPApartment 1, Watermead View 512, Melton Road, Leicester, LE4 7SP
- Sold May 2021£2,808,000 | 2 Bed Flat510, Melton Road, Leicester, LE4 7SP510, Melton Road, Leicester, LE4 7SP
- Sold Jan 2026£1,250,000 | 2 Bed FlatFlat 4, 28, Melton Road, Leicester, LE4 5EAFlat 4, 28, Melton Road, Leicester, LE4 5EA
Schools Nearby
- Saint Patrick's Catholic Voluntary Academy300 m away
- Mellor Community Primary School400 m away
- Abbey Mead Primary Academy500 m away
- Rushey Mead Academy1.0 km away
- Soar Valley College1.0 km away
- Moat Community College2.4 km away
More reading links
Public Transport Nearby
The closest station to LE4 5ED is Leicester station, which is 2.6 kilometres away.
- Leicester|2.6 km away
- Syston|5.1 km away
- South Wigston|8.2 km away
- Sileby|8.5 km away