Melton Road - LE4 7PG
Key Postcode Insights
LE4 7PG is a residential postcode situated on Melton Road, Thurmaston, Leicester, LE4 with 33 addresses.
It ranks as the 1388th largest and 746th 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 33 properties: 16 houses and 17 flats.
- Ave. Sale Price
- £217,173
- 10 Year change
- up 52.1%
- Ave. Rental Price
- £1,047pcm
- 10 Year change
- up 64.2%
- Ave. £ per ft²
- £312/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Postcode Insights
LE4 7PG is a residential postcode situated on Melton Road, Thurmaston, Leicester, LE4 with 33 addresses.
It ranks as the 1388th largest and 746th 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 33 properties: 16 houses and 17 flats.
- Ave. Sale Price
- £217,173
- 10 Year change
- up 52.1%
- Ave. Rental Price
- £1,047pcm
- 10 Year change
- up 64.2%
- Ave. £ per ft²
- £312/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Propertiesin LE4 7PG
- 202 Melton Road
Building  |  2 Flats
- 204 Melton Road
3 Bed Period House
- 206 Melton Road
Building  |  3 Flats
- 210 Melton Road
Building  |  2 Flats
- 212 Melton Road
Unknown
Sales Market Trends
The last sale in LE4 7PG sold for £253,000 on 14th July 2025. Since then prices are up an average of 0.5%.
The current average value in the postcode is £217,173.
The LE4 7PG Sales Market has increased by 52.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.4% | £217,173 |
| June 2025 | 0.5% | £216,237 |
| June 2024 | 0% | £215,178 |
| June 2023 | 3.3% | £215,099 |
| June 2022 | 11.4% | £208,250 |
| June 2021 | 7.1% | £186,995 |
| June 2020 | 4.5% | £174,551 |
| June 2019 | 5.9% | £166,997 |
| June 2018 | 3.4% | £157,728 |
| June 2017 | 6.8% | £152,597 |
| June 2016 | 7.5% | £142,828 |
| June 2015 | 4.6% | £132,823 |
| June 2014 | 5.3% | £127,004 |
| June 2013 | 2% | £120,573 |
| June 2012 | -0.5% | £118,163 |
| June 2011 | -0.3% | £118,784 |
| June 2010 | 5.2% | £119,168 |
| June 2009 | -12.1% | £113,315 |
| June 2008 | -4% | £128,972 |
| June 2007 | 0% | £134,298 |
Rental Market Trends
The current average rental value in the postcode is £1,047.
The LE4 7PG Rental Market has increased by 64.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.6% | £1,047pcm |
| June 2025 | 4.7% | £1,011pcm |
| June 2024 | 8.8% | £965pcm |
| June 2023 | 8% | £887pcm |
| June 2022 | 10.4% | £822pcm |
| June 2021 | 3% | £744pcm |
| June 2020 | 4.7% | £723pcm |
| June 2019 | 1.9% | £690pcm |
| June 2018 | 2.1% | £677pcm |
| June 2017 | 4.1% | £664pcm |
| June 2016 | 3% | £637pcm |
| June 2015 | 2.9% | £619pcm |
| June 2014 | 1% | £601pcm |
| June 2013 | 1.5% | £595pcm |
| June 2012 | -0.3% | £586pcm |
| June 2011 | 2.4% | £588pcm |
| June 2010 | 2% | £575pcm |
| June 2009 | -6% | £564pcm |
| June 2008 | 0.9% | £600pcm |
| June 2007 | 0% | £594pcm |
Sales History
The last sale was on 14th July 2025 for £253,000 and since then the market in the area has increased by 0.5%. The postcode has had a total of 18 sales since 1995.
LE4 7PG has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Jul 2025£253,000 | 3 Bed House234, Melton Road, Leicester, LE4 7PG234, Melton Road, Leicester, LE4 7PG
- Sold Apr 2024£252,000 | 3 Bed House238A, Melton Road, Leicester, LE4 7PG238A, Melton Road, Leicester, LE4 7PG
- Sold Mar 2023£280,000 | 2 Bed FlatFlat 1, 206, Melton Road, Leicester, LE4 7PGFlat 1, 206, Melton Road, Leicester, LE4 7PG
- Sold Oct 2019£78,750 | 3 Bed House234, Melton Road, Leicester, LE4 7PG234, Melton Road, Leicester, LE4 7PG
- Sold Sep 2019£110,500 | 3 Bed House240, Melton Road, Leicester, LE4 7PG240, Melton Road, Leicester, LE4 7PG
Nearby Postcodes
LE4 7PG is the 1388th largest and the 746th most expensive postcode out of the 1,783 postcodes in the LE4 area.
- LE4 7RD, Payne Street, Leicester, LE4LE4 7RD34 Addresses|55 m away
- LE4 7AN, Melton Road, Thurmaston, Leicester, LE4LE4 7AN41 Addresses|64 m away
- LE4 5EQ, Checketts Road, Leicester, LE4LE4 5EQ20 Addresses|96 m away
- LE4 7QL, Cameron Avenue, Leicester, LE4LE4 7QL30 Addresses|107 m away
- LE4 5ES, Checketts Road, Leicester, LE4LE4 5ES26 Addresses|112 m away
Property Types
- 7 period houses built between 1800 and 1911
- 12 period flats built between 1800 and 1911
- 6 modern flats built after 1980
- 2 houses of an unknown age
- 6 other addresses of unknown type
- period house (7)
- period flat (12)
- modern flat (6)
- house (2)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 19 properties.
- The most common rating is C.
- A (0)
- E (3)
- B (0)
- F (0)
- C (8)
- G (0)
- D (8)
- No EPC (14)
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 School100 m away
- Rushey Mead Primary School400 m away
- Saint Patrick's Catholic Voluntary Academy500 m away
- Rushey Mead Academy600 m away
- Soar Valley College700 m away
- Moat Community College2.8 km away
More reading links
Public Transport Nearby
The closest station to LE4 7PG is Leicester station, which is 3.1 kilometres away.
- Leicester|3.1 km away
- Syston|4.6 km away
- Sileby|8.1 km away
- South Wigston|8.5 km away