Melton Road - LE4 7SL
Key Postcode Insights
LE4 7SL is a residential postcode situated on Melton Road, Thurmaston, Leicester, LE4 with 14 addresses.
It ranks as the 573rd largest and 529th 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 14 properties: 7 houses and 7 flats.
- Ave. Sale Price
- £261,368
- 10 Year change
- up 54.6%
- Ave. Rental Price
- £1,117pcm
- 10 Year change
- up 66.9%
- Ave. £ per ft²
- £250/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Postcode Insights
LE4 7SL is a residential postcode situated on Melton Road, Thurmaston, Leicester, LE4 with 14 addresses.
It ranks as the 573rd largest and 529th 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 14 properties: 7 houses and 7 flats.
- Ave. Sale Price
- £261,368
- 10 Year change
- up 54.6%
- Ave. Rental Price
- £1,117pcm
- 10 Year change
- up 66.9%
- Ave. £ per ft²
- £250/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Explore Propertiesin LE4 7SL
- 308A Melton Road
7 Units
- 332 Melton Road
Unknown
- 400 Melton Road
Unknown
- 402 Melton Road
Unknown
- 404 Melton Road
5 Bed Period House
Sales Market Trends
The last sale in LE4 7SL sold for £190,000 on 20th April 2007. Since then prices are up an average of 68.4%.
The current average value in the postcode is £261,368.
The LE4 7SL Sales Market has increased by 54.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.3% | £261,368 |
| June 2025 | 0.6% | £262,049 |
| June 2024 | -0.1% | £260,446 |
| June 2023 | 3.8% | £260,740 |
| June 2022 | 11.7% | £251,115 |
| June 2021 | 8% | £224,799 |
| June 2020 | 4% | £208,160 |
| June 2019 | 6.2% | £200,177 |
| June 2018 | 4% | £188,500 |
| June 2017 | 7.2% | £181,263 |
| June 2016 | 8.1% | £169,054 |
| June 2015 | 4.8% | £156,342 |
| June 2014 | 5.4% | £149,192 |
| June 2013 | 2.6% | £141,487 |
| June 2012 | -0.3% | £137,960 |
| June 2011 | 0.8% | £138,332 |
| June 2010 | 7.6% | £137,208 |
| June 2009 | -10.4% | £127,492 |
| June 2008 | -4.3% | £142,304 |
| June 2007 | 0% | £148,678 |
Rental Market Trends
The current average rental value in the postcode is £1,117.
The LE4 7SL Rental Market has increased by 66.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £1,117pcm |
| June 2025 | 5% | £1,087pcm |
| June 2024 | 8.6% | £1,036pcm |
| June 2023 | 8.5% | £954pcm |
| June 2022 | 10.5% | £880pcm |
| June 2021 | 3.8% | £796pcm |
| June 2020 | 4.1% | £766pcm |
| June 2019 | 2.1% | £736pcm |
| June 2018 | 2.9% | £721pcm |
| June 2017 | 4.6% | £700pcm |
| June 2016 | 3.4% | £669pcm |
| June 2015 | 3.2% | £647pcm |
| June 2014 | 1.1% | £628pcm |
| June 2013 | 1.8% | £620pcm |
| June 2012 | -0.1% | £609pcm |
| June 2011 | 3.5% | £610pcm |
| June 2010 | 4.4% | £589pcm |
| June 2009 | -4.1% | £564pcm |
| June 2008 | 0.6% | £589pcm |
| June 2007 | 0% | £585pcm |
Sales History
The last sale was on 20th April 2007 for £190,000 and since then the market in the area has increased by 68.4%. The postcode has had a total of 5 sales since 1995.
LE4 7SL has seen no sales in the last three years and no sales in the last twelve months.
- Sold Apr 2007£190,000 | 3 Bed House406, Melton Road, Leicester, LE4 7SL406, Melton Road, Leicester, LE4 7SL
- Sold Jun 2005£119,850 | 3 Bed House400, Melton Road, Leicester, LE4 7SL400, Melton Road, Leicester, LE4 7SL
- Sold Feb 2002£85,000 | 3 Bed House408, Melton Road, Leicester, LE4 7SL408, Melton Road, Leicester, LE4 7SL
- Sold Jun 1999£59,000 | 3 Bed House408, Melton Road, Leicester, LE4 7SL408, Melton Road, Leicester, LE4 7SL
- Sold Jun 1998£66,000 | 5 Bed House404, Melton Road, Leicester, LE4 7SL404, Melton Road, Leicester, LE4 7SL
Nearby Postcodes
LE4 7SL is the 573rd largest and the 529th most expensive postcode out of the 1,783 postcodes in the LE4 area.
- LE4 7ST, Uxbridge Road, Leicester, LE4LE4 7ST2 Addresses|168 m away
- LE4 7PA, Melton Road, Thurmaston, Leicester, LE4LE4 7PA10 Addresses|172 m away
- LE4 7NF, Kintyre Drive, Leicester, LE4LE4 7NF14 Addresses|189 m away
- LE4 7NE, Glencoe Avenue, Leicester, LE4LE4 7NE12 Addresses|232 m away
- LE4 7PT, Rushey Close, Leicester, LE4LE4 7PT44 Addresses|257 m away
Property Types
- 4 period houses built between 1800 and 1911
- 10 other addresses of unknown type
- period house (4)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is D.
- A (1)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (10)
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
- Herrick Primary School500 m away
- Mellor Community Primary School700 m away
- Rushey Mead Primary School800 m away
- Rushey Mead Academy100 m away
- Soar Valley College600 m away
- The Cedars Academy2.6 km away
More reading links
Public Transport Nearby
The closest station to LE4 7SL is Leicester station, which is 3.6 kilometres away.
- Leicester|3.6 km away
- Syston|4.1 km away
- Sileby|7.5 km away
- South Wigston|9.1 km away