Melton Road - LE4 8GQ
Key Postcode Insights
LE4 8GQ is a residential postcode situated on Melton Road, Thurmaston, Leicester, LE4 with 16 addresses.
It ranks as the 680th largest and 1652nd 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 16 properties: 16 houses.
- Ave. Sale Price
- £364,028
- 10 Year change
- up 48.0%
- Ave. Rental Price
- £1,409pcm
- 10 Year change
- up 62.9%
- Ave. £ per ft²
- £279/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Key Postcode Insights
LE4 8GQ is a residential postcode situated on Melton Road, Thurmaston, Leicester, LE4 with 16 addresses.
It ranks as the 680th largest and 1652nd 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 16 properties: 16 houses.
- Ave. Sale Price
- £364,028
- 10 Year change
- up 48.0%
- Ave. Rental Price
- £1,409pcm
- 10 Year change
- up 62.9%
- Ave. £ per ft²
- £279/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Explore Propertiesin LE4 8GQ
- Collington House
House
- 947 Melton Road
House
- 949 Melton Road
4 Bed Period House
- 951 Melton Road
3 Bed Period House
- 953 Melton Road
4 Bed Period House
Sales Market Trends
The last sale in LE4 8GQ sold for £320,000 on 9th April 2026. Since then prices are up an average of 1.0%.
The current average value in the postcode is £364,028.
The LE4 8GQ Sales Market has increased by 48.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1% | £364,028 |
| June 2025 | 1.7% | £367,723 |
| June 2024 | 0.8% | £361,733 |
| June 2023 | 2.8% | £359,019 |
| June 2022 | 8.6% | £349,130 |
| June 2021 | 8.4% | £321,583 |
| June 2020 | 3.8% | £296,796 |
| June 2019 | 6.2% | £285,863 |
| June 2018 | 3.4% | £269,197 |
| June 2017 | 5.9% | £260,453 |
| June 2016 | 7.7% | £245,911 |
| June 2015 | 4.9% | £228,322 |
| June 2014 | 5% | £217,705 |
| June 2013 | 3.4% | £207,295 |
| June 2012 | 0.4% | £200,501 |
| June 2011 | -1.9% | £199,633 |
| June 2010 | 8.5% | £203,449 |
| June 2009 | -10.6% | £187,525 |
| June 2008 | -2% | £209,713 |
| June 2007 | 0% | £214,092 |
Rental Market Trends
The current average rental value in the postcode is £1,409.
The LE4 8GQ Rental Market has increased by 62.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,409pcm |
| June 2025 | 6.4% | £1,370pcm |
| June 2024 | 6.7% | £1,287pcm |
| June 2023 | 7.4% | £1,207pcm |
| June 2022 | 10.2% | £1,124pcm |
| June 2021 | 5.3% | £1,019pcm |
| June 2020 | 1.7% | £968pcm |
| June 2019 | 3.5% | £952pcm |
| June 2018 | 2.9% | £920pcm |
| June 2017 | 3.4% | £894pcm |
| June 2016 | 3.3% | £865pcm |
| June 2015 | 3.7% | £837pcm |
| June 2014 | 1.6% | £807pcm |
| June 2013 | 1.7% | £794pcm |
| June 2012 | 1.7% | £781pcm |
| June 2011 | 2.1% | £768pcm |
| June 2010 | 4.4% | £752pcm |
| June 2009 | -3.9% | £721pcm |
| June 2008 | 1.8% | £750pcm |
| June 2007 | 0% | £737pcm |
Sales History
The last sale was on 9th April 2026 for £320,000 and since then the market in the area has increased by 1.0%. The postcode has had a total of 28 sales since 1995.
LE4 8GQ has seen 3 sales in the last three years and 2 sales in the last twelve months.
- Sold Apr 2026£320,000 | 4 Bed House949, Melton Road, Leicester, LE4 8GQ949, Melton Road, Leicester, LE4 8GQ
- Sold Sep 2025£355,000 | 4 Bed House963, Melton Road, Leicester, LE4 8GQ963, Melton Road, Leicester, LE4 8GQ
- Sold Feb 2025£310,000 | 3 Bed House965, Melton Road, Leicester, LE4 8GQ965, Melton Road, Leicester, LE4 8GQ
- Sold Jul 2022£330,000 | 3 Bed House973, Melton Road, Leicester, LE4 8GQ973, Melton Road, Leicester, LE4 8GQ
- Sold Nov 2019£195,000 | 3 Bed House951, Melton Road, Leicester, LE4 8GQ951, Melton Road, Leicester, LE4 8GQ
Nearby Postcodes
LE4 8GQ is the 680th largest and the 1652nd most expensive postcode out of the 1,783 postcodes in the LE4 area.
- LE4 8GR, Melton Road, Thurmaston, Leicester, LE4LE4 8GR6 Addresses|90 m away
- LE4 8JY, Britannia Way, Thurmaston, Leicester, LE4LE4 8JY1 Addresses|135 m away
- LE4 8EF, Melton Road, Thurmaston, Leicester, LE4LE4 8EF23 Addresses|339 m away
- LE4 8NZ, Checkland Road, Thurmaston, Leicester, LE4LE4 8NZ34 Addresses|367 m away
- LE4 8EU, Checkland Road, Thurmaston, Leicester, LE4LE4 8EU97 Addresses|374 m away
Property Types
- 13 period houses built between 1800 and 1911
- 3 other addresses of unknown type
- period house (13)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (2)
- G (0)
- D (9)
- No EPC (3)
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
- Bishop Ellis Catholic Voluntary Academy400 m away
- Eastfield Primary School900 m away
- Church Hill Infant School1.1 km away
- The Roundhill Academy100 m away
- The Cedars Academy1.9 km away
- Wreake Valley Academy2.6 km away
More reading links
Public Transport Nearby
The closest station to LE4 8GQ is Syston station, which is 1.2 kilometres away.
- Syston|1.2 km away
- Sileby|5.1 km away
- Leicester|6.5 km away
- Barrow-upon-Soar|8.1 km away