Melton Road - LE4 8BE
Key Postcode Insights
LE4 8BE is a residential postcode situated on Melton Road, Thurmaston, Leicester, LE4 with 37 addresses.
It ranks as the 1484th largest and 70th most expensive of the 1,783 postcodes in the LE4 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 37 properties: 15 houses and 22 flats.
- Ave. Sale Price
- £148,744
- 10 Year change
- up 45.0%
- Ave. Rental Price
- £807pcm
- 10 Year change
- up 59.6%
- Ave. £ per ft²
- £246/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
LE4 8BE is a residential postcode situated on Melton Road, Thurmaston, Leicester, LE4 with 37 addresses.
It ranks as the 1484th largest and 70th most expensive of the 1,783 postcodes in the LE4 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 37 properties: 15 houses and 22 flats.
- Ave. Sale Price
- £148,744
- 10 Year change
- up 45.0%
- Ave. Rental Price
- £807pcm
- 10 Year change
- up 59.6%
- Ave. £ per ft²
- £246/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin LE4 8BE
- Estelle House
Mid-century Building | 15 Units
- 782 Melton Road
3 Bed Modern House
- 784 Melton Road
Building  |  2 Flats
- 786 Melton Road
2 Bed Modern House
- 788 Melton Road
Unknown
Sales Market Trends
The last sale in LE4 8BE sold for £179,500 on 6th June 2025. Since then prices are down an average of 0.2%.
The current average value in the postcode is £148,744.
The LE4 8BE Sales Market has increased by 45.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.6% | £148,744 |
| June 2025 | 1.4% | £149,594 |
| June 2024 | 0.9% | £147,555 |
| June 2023 | 2.5% | £146,254 |
| June 2022 | 8.2% | £142,743 |
| June 2021 | 7.8% | £131,873 |
| June 2020 | 4% | £122,375 |
| June 2019 | 5.9% | £117,723 |
| June 2018 | 2.8% | £111,152 |
| June 2017 | 5.4% | £108,122 |
| June 2016 | 7.4% | £102,604 |
| June 2015 | 4.7% | £95,574 |
| June 2014 | 5% | £91,322 |
| June 2013 | 3.2% | £86,950 |
| June 2012 | 0% | £84,260 |
| June 2011 | -2.5% | £84,219 |
| June 2010 | 7% | £86,343 |
| June 2009 | -11.8% | £80,723 |
| June 2008 | -2.1% | £91,477 |
| June 2007 | 0% | £93,462 |
Rental Market Trends
The current average rental value in the postcode is £807.
The LE4 8BE Rental Market has increased by 59.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £807pcm |
| June 2025 | 6.2% | £781pcm |
| June 2024 | 6.8% | £736pcm |
| June 2023 | 7% | £689pcm |
| June 2022 | 9.9% | £644pcm |
| June 2021 | 4.7% | £586pcm |
| June 2020 | 1.8% | £560pcm |
| June 2019 | 3.2% | £550pcm |
| June 2018 | 2.3% | £532pcm |
| June 2017 | 2.9% | £520pcm |
| June 2016 | 3% | £506pcm |
| June 2015 | 3.5% | £491pcm |
| June 2014 | 1.6% | £475pcm |
| June 2013 | 1.5% | £467pcm |
| June 2012 | 1.3% | £460pcm |
| June 2011 | 1.5% | £454pcm |
| June 2010 | 2.9% | £448pcm |
| June 2009 | -5.2% | £435pcm |
| June 2008 | 1.7% | £459pcm |
| June 2007 | 0% | £451pcm |
Sales History
The last sale was on 6th June 2025 for £179,500 and since then the market in the area has decreased by 0.2%. The postcode has had a total of 23 sales since 1995.
LE4 8BE has seen 5 sales in the last three years and no sales in the last twelve months.
- Sold Jun 2025£179,500 | 2 Bed House794, Melton Road, Leicester, LE4 8BE794, Melton Road, Leicester, LE4 8BE
- Sold Feb 2024£105,000 | 1 Bed FlatFlat 12, Estelle House 820, Melton Road, Leicester, LE4 8BEFlat 12, Estelle House 820, Melton Road, Leicester, LE4 8BE
- Sold Apr 2023£155,500 | 2 Bed House812, Melton Road, Leicester, LE4 8BE812, Melton Road, Leicester, LE4 8BE
- Sold Apr 2023£210,000 | 2 Bed House798, Melton Road, Leicester, LE4 8BE798, Melton Road, Leicester, LE4 8BE
- Sold Apr 2023£180,000 | 2 Bed House798, Melton Road, Leicester, LE4 8BE798, Melton Road, Leicester, LE4 8BE
Nearby Postcodes
LE4 8BE is the 1484th largest and the 70th most expensive postcode out of the 1,783 postcodes in the LE4 area.
- LE4 8AA, Canal Street, Thurmaston, Leicester, LE4LE4 8AA19 Addresses|34 m away
- LE4 8EE, Melton Road, Thurmaston, Leicester, LE4LE4 8EE41 Addresses|63 m away
- LE4 8AR, Old Hall Close, Thurmaston, Leicester, LE4LE4 8AR32 Addresses|69 m away
- LE4 8AE, Harrison Street, Thurmaston, Leicester, LE4LE4 8AE12 Addresses|70 m away
- LE4 8FU, Red Hill Close, Thurmaston, Leicester, LE4LE4 8FU2 Addresses|76 m away
Property Types
- 7 period houses built between 1800 and 1911
- 6 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 21 mid-century flats built between 1936 and 1979
- 2 other addresses of unknown type
- period house (7)
- modern house (6)
- mid-century house (1)
- mid-century flat (21)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 32 properties.
- The most common rating is C.
- A (0)
- E (4)
- B (0)
- F (0)
- C (14)
- G (0)
- D (14)
- No EPC (5)
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 School600 m away
- Church Hill Church of England Junior School600 m away
- Bishop Ellis Catholic Voluntary Academy600 m away
- The Roundhill Academy800 m away
- The Cedars Academy1.7 km away
- Rushey Mead Academy2.3 km away
More reading links
Public Transport Nearby
The closest station to LE4 8BE is Syston station, which is 1.8 kilometres away.
- Syston|1.8 km away
- Sileby|5.6 km away
- Leicester|5.9 km away
- Barrow-upon-Soar|8.4 km away
