Melton Road - LE4 7PB
Key Postcode Insights
LE4 7PB is a residential postcode situated on Melton Road, Thurmaston, Leicester, LE4 with 13 addresses.
It ranks as the 523rd largest and 1707th most expensive of the 1,783 postcodes in the LE4 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 13 properties: 10 houses and 3 flats.
- Ave. Sale Price
- £321,910
- 10 Year change
- up 53.7%
- Ave. Rental Price
- £1,258pcm
- 10 Year change
- up 65.9%
- Ave. £ per ft²
- £334/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Key Postcode Insights
LE4 7PB is a residential postcode situated on Melton Road, Thurmaston, Leicester, LE4 with 13 addresses.
It ranks as the 523rd largest and 1707th most expensive of the 1,783 postcodes in the LE4 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 13 properties: 10 houses and 3 flats.
- Ave. Sale Price
- £321,910
- 10 Year change
- up 53.7%
- Ave. Rental Price
- £1,258pcm
- 10 Year change
- up 65.9%
- Ave. £ per ft²
- £334/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Explore Propertiesin LE4 7PB
- 270 Melton Road
3 Bed Period House
- 274 Melton Road
4 Bed Period House
- 276 Melton Road
Unknown
- 278 Melton Road
4 Bed Period House
- 280 Melton Road
Unknown
Sales Market Trends
The last sale in LE4 7PB sold for £353,000 on 17th December 2025. Since then prices are down an average of 0.2%.
The current average value in the postcode is £321,910.
The LE4 7PB Sales Market has increased by 53.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.3% | £321,910 |
| June 2025 | 0.5% | £322,848 |
| June 2024 | 0% | £321,265 |
| June 2023 | 3.8% | £321,212 |
| June 2022 | 11.5% | £309,392 |
| June 2021 | 7.8% | £277,453 |
| June 2020 | 4.1% | £257,347 |
| June 2019 | 6.1% | £247,283 |
| June 2018 | 4% | £232,971 |
| June 2017 | 7% | £224,111 |
| June 2016 | 8% | £209,376 |
| June 2015 | 4.8% | £193,836 |
| June 2014 | 5.3% | £184,901 |
| June 2013 | 2.5% | £175,517 |
| June 2012 | -0.3% | £171,204 |
| June 2011 | 0.7% | £171,734 |
| June 2010 | 7.3% | £170,613 |
| June 2009 | -10.7% | £158,984 |
| June 2008 | -4.4% | £178,039 |
| June 2007 | 0% | £186,285 |
Rental Market Trends
The current average rental value in the postcode is £1,258.
The LE4 7PB Rental Market has increased by 65.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £1,258pcm |
| June 2025 | 4.8% | £1,225pcm |
| June 2024 | 8.7% | £1,168pcm |
| June 2023 | 8.4% | £1,075pcm |
| June 2022 | 10.4% | £991pcm |
| June 2021 | 3.7% | £898pcm |
| June 2020 | 4.2% | £866pcm |
| June 2019 | 2.1% | £831pcm |
| June 2018 | 2.9% | £814pcm |
| June 2017 | 4.4% | £791pcm |
| June 2016 | 3.3% | £758pcm |
| June 2015 | 3.2% | £734pcm |
| June 2014 | 1% | £711pcm |
| June 2013 | 1.8% | £704pcm |
| June 2012 | -0.2% | £691pcm |
| June 2011 | 3.4% | £692pcm |
| June 2010 | 4.1% | £670pcm |
| June 2009 | -4.4% | £644pcm |
| June 2008 | 0.5% | £674pcm |
| June 2007 | 0% | £670pcm |
Sales History
The last sale was on 17th December 2025 for £353,000 and since then the market in the area has decreased by 0.2%. The postcode has had a total of 5 sales since 1995.
LE4 7PB has seen 3 sales in the last three years and 2 sales in the last twelve months.
- Sold Dec 2025£353,000 | 4 Bed House284, Melton Road, Leicester, LE4 7PB284, Melton Road, Leicester, LE4 7PB
- Sold Jul 2025£390,000 | 4 Bed House274, Melton Road, Leicester, LE4 7PB274, Melton Road, Leicester, LE4 7PB
- Sold Mar 2025£380,000 | 2 Bed Flat294, Melton Road, Leicester, LE4 7PB294, Melton Road, Leicester, LE4 7PB
- Sold Sep 2000£79,950 | 4 Bed House280, Melton Road, Leicester, LE4 7PB280, Melton Road, Leicester, LE4 7PB
- Sold Apr 1995£56,000 | 4 Bed House278, Melton Road, Leicester, LE4 7PB278, Melton Road, Leicester, LE4 7PB
Nearby Postcodes
LE4 7PB is the 523rd largest and the 1707th most expensive postcode out of the 1,783 postcodes in the LE4 area.
- LE4 7NU, Wavertree Drive, Leicester, LE4LE4 7NU23 Addresses|115 m away
- LE4 7NS, Sandringham Avenue, Leicester, LE4LE4 7NS20 Addresses|116 m away
- LE4 7NQ, Sandringham Avenue, Leicester, LE4LE4 7NQ23 Addresses|139 m away
- LE4 7NX, Wavertree Drive, Leicester, LE4LE4 7NX18 Addresses|143 m away
- LE4 7NG, Lanesborough Road, Leicester, LE4LE4 7NG30 Addresses|199 m away
Property Types
- 4 period houses built between 1800 and 1911
- 1 period flat built between 1800 and 1911
- 8 other addresses of unknown type
- period house (4)
- period flat (1)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (5)
- 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
- Mellor Community Primary School300 m away
- Rushey Mead Primary School500 m away
- Saint Patrick's Catholic Voluntary Academy700 m away
- Rushey Mead Academy300 m away
- Soar Valley College600 m away
- The Cedars Academy2.9 km away
More reading links
Public Transport Nearby
The closest station to LE4 7PB is Leicester station, which is 3.3 kilometres away.
- Leicester|3.3 km away
- Syston|4.4 km away
- Sileby|7.8 km away
- South Wigston|8.8 km away
