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House Prices in LE14 House Prices in LE14 (Melton Mowbray)

The average house price in LE14 (Melton Mowbray) is £365,742 using HM Land Registry data.

The average property price decreased by £1,239 (-32.79%) over the last 5 years and decreased by £247 (-4.73%) over the last 12 months.

Over the last year, there were 173 residential property sales – a decrease of 109 transactions (-63.01%) relative to the previous year. The majority of house sales (50) were in the £160,000 - £258,000 range. Then came properties in the £258,000 - £356,000 range, where 40 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 80 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,619 (-3%).

In May 2025, there were 48 new estate agency instructions, 41 agreed home sales and 63 property price reductions.

Nearby Postcodes: DE73, DE74, LE11, LE12, LE13, LE15, LE16, LE2, LE3, LE4, LE5, LE6, LE65, LE67, LE7, LE8, LN5, NG11, NG12, NG13, NG14, NG2, NG23, NG31, NG32, NG33, NG34, NG4, NN17, PE10, PE9

5-Year Average Property Prices in LE14 (Melton Mowbray)

32.79%

Property prices in LE14 (Melton Mowbray) increased by 32.79% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in LE14 (Melton Mowbray) Over the Last Year

4.73%

Property prices in LE14 (Melton Mowbray) increased by 4.73% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for LE14 (Melton Mowbray) - May 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in LE14 (Melton Mowbray)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in LE14 (Melton Mowbray)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in LE14 (Melton Mowbray)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the LE14 (Melton Mowbray) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LE14 postcode area since 1995.

Recent Sales in LE14 (Melton Mowbray)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
19 Main Road, Nether Broughton, Melton Mowbray, Leicestershire, LE14 3HB£250,000£235,000-£15,00021 Nov 202417 Feb 202588 Days
9a, Nether End, Great Dalby, Melton Mowbray, Leicestershire, LE14 2EY£450,000£425,000-£25,00007 Oct 202414 Feb 2025130 Days
12 Harles Acres, Hickling, Melton Mowbray, Nottinghamshire, LE14 3AF£365,000£365,000£019 Sep 202430 Jan 2025133 Days
21 Green Lane, Harby, Melton Mowbray, Leicestershire, LE14 4BQ£799,995£750,000-£49,99508 Aug 202429 Jan 2025174 Days
18 Oak Way, Frisby On The Wreake, Melton Mowbray, Leicestershire, LE14 2NF£440,000£407,000-£33,00012 May 202423 Jan 2025256 Days
3 Burgins Lane, Waltham On The Wolds, Melton Mowbray, Leicestershire, LE14 4AD£375,000£350,000-£25,00021 May 202410 Jan 2025234 Days
8 The Field, Somerby, Melton Mowbray, Leicestershire, LE14 2PT£650,000£647,000-£3,00026 Jul 202410 Jan 2025168 Days
14 Sandy Lane, Scalford, Melton Mowbray, Leicestershire, LE14 4DS£280,000£265,000-£15,00015 May 202415 Nov 2024184 Days
6 Station Lane, Asfordby, Melton Mowbray, Leicestershire, LE14 3SL£600,000£595,000-£5,00019 Mar 202415 Nov 2024241 Days
9 School Lane, Harby, Melton Mowbray, Leicestershire, LE14 4BZ£550,000£545,000-£5,00029 Feb 202411 Nov 2024256 Days
1 Princess Ann Square, Asfordby, Melton Mowbray, Leicestershire, LE14 3YH£250,000£247,500-£2,50019 Jun 202407 Nov 2024141 Days
8a, Back Street, Saltby, Melton Mowbray, Leicestershire, LE14 4RN£699,000£699,000£014 May 202405 Nov 2024175 Days
20a, Main Road, Old Dalby, Melton Mowbray, Leicestershire, LE14 3LR£600,000£590,000-£10,00014 Jun 202431 Oct 2024139 Days
5 Edmondthorpe Road, Wymondham, Melton Mowbray, Leicestershire, LE14 2AD£155,000£155,000£026 Dec 202325 Oct 2024304 Days
54 Klondyke Way, Asfordby, Melton Mowbray, Leicestershire, LE14 3TW£240,000£237,000-£3,00020 Aug 202425 Oct 202466 Days
5 Asfordby Place, Asfordby, Melton Mowbray, Leicestershire, LE14 3TG£160,000£158,000-£2,00029 Jul 202425 Oct 202488 Days
4 Coronation Avenue, Long Clawson, Melton Mowbray, Leicestershire, LE14 4NF£150,000£150,000£029 Apr 202416 Aug 2024109 Days
Old Barn, Station Road, Upper Broughton, Melton Mowbray, Nottinghamshire, LE14 3BQ£650,000£600,000-£50,00001 Dec 202308 Aug 2024251 Days
17 Langar Lane, Harby, Melton Mowbray, Leicestershire, LE14 4BL£680,000£668,000-£12,00021 Feb 202417 Jul 2024147 Days
3 North Street, Asfordby Valley, Melton Mowbray, Leicestershire, LE14 3SQ£210,000£200,000-£10,00015 Jan 202415 Jul 2024182 Days

Most Expensive Streets in LE14 (Melton Mowbray)

PostcodeStreetAreaAverageNo. of Sales
LE14 3NHParadise Lane, Old DalbyMelton Mowbray£1,247,3754
LE14 2LPMain StreetMelton Mowbray£823,2715
LE14 2AYSpring LaneMelton Mowbray£765,0005
LE14 3AQMain StreetMelton Mowbray£736,9717
LE14 4JAPenn LaneMelton Mowbray£693,2504
LE14 4LNMain StreetMelton Mowbray£690,0004
LE14 3LBChurch Lane, Old DalbyMelton Mowbray£688,3333
LE14 4HBChurch LaneMelton Mowbray£685,6254
LE14 3QGMelton RoadMelton Mowbray£673,5205
LE14 4SSEastwell Road, ScalfordMelton Mowbray£656,6503

Least Expensive Streets in LE14 (Melton Mowbray)

PostcodeStreetAreaAverageNo. of Sales
LE14 2UNBurton Hall, Hall DriveMelton Mowbray£112,5878
LE14 3RSBrook CrescentMelton Mowbray£139,3333
LE14 4BSNether StreetMelton Mowbray£139,3577
LE14 3QZSouth StreetMelton Mowbray£145,1357
LE14 3UHFlint DriveMelton Mowbray£151,6669
LE14 3SGNew StreetMelton Mowbray£153,90817
LE14 3RBWelby RoadMelton Mowbray£162,6254
LE14 3QYSt Johns RoadMelton Mowbray£163,5006
LE14 3YGCharnwood AvenueMelton Mowbray£170,36311
LE14 3SAMain StreetMelton Mowbray£170,9217

Explore LE14 (Melton Mowbray) using map

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