Key Street Insights
Melbourne Road is a residential street with 119 addresses.
It ranks as the 1044th largest and 592nd most expensive of the 1,127 streets in the LE2 area. The most common property type is a period house built between 1800 and 1911.
The street contains a total of 119 properties: 58 houses, 36 flats and 25 other properties.
- Ave. Sale Price
- £230,449
- 10 Year change
- up 49.5%
- Ave. Rental Price
- £1,117pcm
- 10 Year change
- up 63.7%
- Ave. £ per ft²
- £195/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Street Insights
Melbourne Road is a residential street with 119 addresses.
It ranks as the 1044th largest and 592nd most expensive of the 1,127 streets in the LE2 area. The most common property type is a period house built between 1800 and 1911.
The street contains a total of 119 properties: 58 houses, 36 flats and 25 other properties.
- Ave. Sale Price
- £230,449
- 10 Year change
- up 49.5%
- Ave. Rental Price
- £1,117pcm
- 10 Year change
- up 63.7%
- Ave. £ per ft²
- £195/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Properties on Melbourne Road, Leicester, LE2
- 2 Melbourne Road
House
- 4 Melbourne Road
House
- 5 Melbourne Road
3 Bed Period House
- 6 Melbourne Road
Building  |  4 Flats
- 7 Melbourne Road
4 Bed Period House
Sales Market Trends
The last sale on Melbourne Road sold for £288,000 on 29th May 2025. Since then prices are down an average of 0.2%.
The current average value in the street is £230,449.
The Melbourne Road Sales Market has increased by 49.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.2% | £230,449 |
| June 2025 | 1.5% | £231,026 |
| June 2024 | -0.7% | £227,531 |
| June 2023 | 1.9% | £229,156 |
| June 2022 | 9.4% | £224,887 |
| June 2021 | 7.6% | £205,573 |
| June 2020 | 3.9% | £191,002 |
| June 2019 | 4.8% | £183,808 |
| June 2018 | 6.5% | £175,365 |
| June 2017 | 6.8% | £164,652 |
| June 2016 | 5.9% | £154,196 |
| June 2015 | 4.9% | £145,570 |
| June 2014 | 6.3% | £138,710 |
| June 2013 | 0.1% | £130,480 |
| June 2012 | -0.4% | £130,298 |
| June 2011 | -0.7% | £130,760 |
| June 2010 | 6.2% | £131,730 |
| June 2009 | -11.9% | £124,050 |
| June 2008 | -3.4% | £140,757 |
| June 2007 | 0% | £145,652 |
Rental Market Trends
The current average rental value in the street is £1,117.
The Melbourne Road Rental Market has increased by 63.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4% | £1,117pcm |
| June 2025 | 4.5% | £1,074pcm |
| June 2024 | 8.1% | £1,028pcm |
| June 2023 | 8.5% | £951pcm |
| June 2022 | 9.6% | £876pcm |
| June 2021 | 4% | £799pcm |
| June 2020 | 3.4% | £769pcm |
| June 2019 | 2.5% | £744pcm |
| June 2018 | 2.8% | £726pcm |
| June 2017 | 3.4% | £706pcm |
| June 2016 | 3% | £682pcm |
| June 2015 | 3.1% | £663pcm |
| June 2014 | 1.8% | £643pcm |
| June 2013 | 1.6% | £632pcm |
| June 2012 | -0.5% | £622pcm |
| June 2011 | 2.9% | £625pcm |
| June 2010 | 3.3% | £607pcm |
| June 2009 | -6.9% | £587pcm |
| June 2008 | 1.6% | £631pcm |
| June 2007 | 0% | £621pcm |
Sales History
The last recorded sale was on 29th May 2025 for £288,000 and since then the market in the area has decreased by 0.2%.
Melbourne Road, Leicester, LE2 has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold May 2025£288,000 | 3 Bed House47, Melbourne Road, Leicester, LE2 0GT47, Melbourne Road, Leicester, LE2 0GT
- Sold Feb 2025£275,000 | 4 Bed House18, Melbourne Road, Leicester, LE2 0DR18, Melbourne Road, Leicester, LE2 0DR
- Sold Jun 2024£270,000 | 5 Bed House23, Melbourne Road, Leicester, LE2 0GT23, Melbourne Road, Leicester, LE2 0GT
Top 3 Most Expensive Sales
- Sold May 2025£288,000 | 3 Bed House47, Melbourne Road, Leicester, LE2 0GT47, Melbourne Road, Leicester, LE2 0GT
- Sold Feb 2025£275,000 | 4 Bed House18, Melbourne Road, Leicester, LE2 0DR18, Melbourne Road, Leicester, LE2 0DR
- Sold Feb 2023£270,000 | 4 Bed House43, Melbourne Road, Leicester, LE2 0GT43, Melbourne Road, Leicester, LE2 0GT
Nearby Streets
Melbourne Road, Leicester, LE2 is the 1044th largest and the 592nd most expensive street in the LE2 area.
- Diseworth Street, Leicester, LE257 Addresses|89 m away
- Oxendon Street, Leicester, LE232 Addresses|96 m away
- Donnington Street, Leicester, LE267 Addresses|99 m away
- Derwent Street, Leicester, LE268 Addresses|106 m away
- Twycross Street, Leicester, LE2131 Addresses|139 m away
- Worthington Street, Leicester, LE279 Addresses|140 m away
Sections of this street
There are 5 postcodes on Melbourne Road, Leicester, LE2.
- House prices in LE2 0DR33 Addresses
- House prices in LE2 0DT30 Addresses
- House prices in LE2 0GT21 Addresses
- House prices in LE2 0GW17 Addresses
- House prices in LE2 0GU18 Addresses
Property Types
- 54 period houses built between 1800 and 1911
- 36 period flats built between 1800 and 1911
- 3 modern houses built after 1980
- 1 house of an unknown age
- 25 other addresses of unknown type
- period house (54)
- period flat (36)
- modern house (3)
- house (1)
- Unknown (25)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 85 properties.
- The most common rating is D.
- A (0)
- E (34)
- B (0)
- F (2)
- C (11)
- G (0)
- D (38)
- No EPC (34)
Schools Nearby
- Uplands Junior L.E.A.D. Academy200 m away
- Uplands Infant School200 m away
- Medway Community Primary School200 m away
- Moat Community College500 m away
- Madani Girls' School1.0 km away
- Madani Boys School1.0 km away
More reading links
Public Transport Nearby
The closest station to Melbourne Road, Leicester, LE2 is Leicester station, which is 800 metres away.
- Leicester|800 m away
- South Wigston|5.5 km away
- Syston|7.5 km away
