Melton Road - LE4 8BD
Key Postcode Insights
LE4 8BD is a residential postcode situated on Melton Road, Thurmaston, Leicester, LE4 with 40 addresses.
It ranks as the 1548th largest and 66th most expensive of the 1,783 postcodes in the LE4 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 40 properties: 17 houses and 23 flats.
- Ave. Sale Price
- £196,124
- 10 Year change
- up 48.8%
- Ave. Rental Price
- £867pcm
- 10 Year change
- up 61.9%
- Ave. £ per ft²
- £225/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
LE4 8BD is a residential postcode situated on Melton Road, Thurmaston, Leicester, LE4 with 40 addresses.
It ranks as the 1548th largest and 66th most expensive of the 1,783 postcodes in the LE4 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 40 properties: 17 houses and 23 flats.
- Ave. Sale Price
- £196,124
- 10 Year change
- up 48.8%
- Ave. Rental Price
- £867pcm
- 10 Year change
- up 61.9%
- Ave. £ per ft²
- £225/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin LE4 8BD
- 706 Melton Road
4 Bed Period House
- 708 Melton Road
3 Bed Mid-century House
- 710 Melton Road
Unknown
- 712 Melton Road
4 Bed Period House
- 718 Melton Road
Unknown
Sales Market Trends
The last sale in LE4 8BD sold for £115,200 on 30th January 2026. Since then prices are up an average of 3.2%.
The current average value in the postcode is £196,124.
The LE4 8BD Sales Market has increased by 48.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.3% | £196,124 |
| June 2025 | 0.9% | £196,640 |
| June 2024 | 0.4% | £194,972 |
| June 2023 | 3% | £194,292 |
| June 2022 | 9.9% | £188,591 |
| June 2021 | 7.6% | £171,570 |
| June 2020 | 4% | £159,390 |
| June 2019 | 5.9% | £153,244 |
| June 2018 | 3.4% | £144,686 |
| June 2017 | 6.1% | £139,885 |
| June 2016 | 7.6% | £131,796 |
| June 2015 | 4.7% | £122,534 |
| June 2014 | 5.2% | £117,000 |
| June 2013 | 2.7% | £111,181 |
| June 2012 | -0.3% | £108,249 |
| June 2011 | -1% | £108,563 |
| June 2010 | 6.7% | £109,615 |
| June 2009 | -11.5% | £102,744 |
| June 2008 | -3.4% | £116,133 |
| June 2007 | 0% | £120,234 |
Rental Market Trends
The current average rental value in the postcode is £867.
The LE4 8BD Rental Market has increased by 61.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £867pcm |
| June 2025 | 5.3% | £840pcm |
| June 2024 | 7.9% | £798pcm |
| June 2023 | 7.6% | £739pcm |
| June 2022 | 10.1% | £687pcm |
| June 2021 | 4% | £624pcm |
| June 2020 | 3.1% | £600pcm |
| June 2019 | 2.5% | £582pcm |
| June 2018 | 2.5% | £568pcm |
| June 2017 | 3.5% | £554pcm |
| June 2016 | 3.1% | £535pcm |
| June 2015 | 3.3% | £519pcm |
| June 2014 | 1.3% | £503pcm |
| June 2013 | 1.7% | £496pcm |
| June 2012 | 0.4% | £488pcm |
| June 2011 | 2.3% | £486pcm |
| June 2010 | 3.1% | £475pcm |
| June 2009 | -5.2% | £461pcm |
| June 2008 | 1% | £486pcm |
| June 2007 | 0% | £481pcm |
Sales History
The last sale was on 30th January 2026 for £115,200 and since then the market in the area has increased by 3.2%. The postcode has had a total of 27 sales since 1995.
LE4 8BD has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Jan 2026£115,200 | 2 Bed FlatFlat 6, 750, Melton Road, Leicester, LE4 8BDFlat 6, 750, Melton Road, Leicester, LE4 8BD
- Sold Apr 2022£180,000 | 4 Bed House726, Melton Road, Leicester, LE4 8BD726, Melton Road, Leicester, LE4 8BD
- Sold Apr 2022£140,000 | 4 Bed House724, Melton Road, Leicester, LE4 8BD724, Melton Road, Leicester, LE4 8BD
- Sold Mar 2022£290,000 | 3 Bed House708, Melton Road, Leicester, LE4 8BD708, Melton Road, Leicester, LE4 8BD
- Sold Aug 2018£210,000 | 3 Bed House708, Melton Road, Leicester, LE4 8BD708, Melton Road, Leicester, LE4 8BD
Nearby Postcodes
LE4 8BD is the 1548th largest and the 66th most expensive postcode out of the 1,783 postcodes in the LE4 area.
- LE4 8BZ, White Hart Close, Thurmaston, Leicester, LE4LE4 8BZ10 Addresses|69 m away
- LE4 8BU, White Hart Close, Thurmaston, Leicester, LE4LE4 8BU9 Addresses|82 m away
- LE4 8DR, Church Lane, Thurmaston, Leicester, LE4LE4 8DR7 Addresses|108 m away
- LE4 8AF, Mill Lane, Thurmaston, Leicester, LE4LE4 8AF6 Addresses|114 m away
- LE4 8ED, Melton Road, Thurmaston, Leicester, LE4LE4 8ED42 Addresses|128 m away
Property Types
- 5 period houses built between 1800 and 1911
- 7 period flats built between 1800 and 1911
- 4 modern houses built after 1980
- 19 modern flats built after 1980
- 1 mid-century house built between 1936 and 1979
- 4 other addresses of unknown type
- period house (5)
- period flat (7)
- modern house (4)
- modern flat (19)
- mid-century house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 28 properties.
- The most common rating is C.
- A (0)
- E (5)
- B (6)
- F (0)
- C (13)
- G (0)
- D (4)
- No EPC (12)
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
- Church Hill Infant School500 m away
- Church Hill Church of England Junior School500 m away
- Bishop Ellis Catholic Voluntary Academy900 m away
- The Roundhill Academy1.1 km away
- The Cedars Academy1.6 km away
- Rushey Mead Academy2.0 km away
More reading links
Public Transport Nearby
The closest station to LE4 8BD is Syston station, which is 2.1 kilometres away.
- Syston|2.1 km away
- Leicester|5.5 km away
- Sileby|5.8 km away
- Barrow-upon-Soar|8.6 km away
