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House Prices in LE14

The average house price in LE14 (Melton Mowbray) is £333,600 using HM Land Registry data.

The average property price increased by £54,499 (7.26%) over the last 5 years and increased by £10,895 (1.37%) over the last 12 months.

Over the last year, there were 214 residential property sales – a decrease of 121 transactions (-56.54%) relative to the previous year. The majority of house sales (59) were in the £180,000 - £284,000 range. Then came properties in the £284,000 - £388,000 range, where 43 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 81 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,252 (-3%).

In Aug 2026, there were 55 new estate agency instructions, 46 agreed home sales and 33 property price reductions.

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

7.26%

Property prices in LE14 (Melton Mowbray) increased by 7.26% 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

1.37%

Property prices in LE14 (Melton Mowbray) increased by 1.37% 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.

Property Market Heat Gauge for LE14 (Melton Mowbray) - Aug 2026

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
21 Swallows Reach, Langar Lane, Melton Mowbray, LE14 4BL	£450,000	£435,000	-£15,000	19 Jan 2026	15 Jun 2026	147 Days
30 Valebrook Road, Melton Mowbray, LE14 4EB	£300,000	£290,000	-£10,000	23 Jul 2025	15 Jun 2026	327 Days
18 Fairview, Langar Lane, Melton Mowbray, LE14 4BL	£365,000	£342,500	-£22,500	21 Jul 2025	12 Jun 2026	326 Days
3 South Street, Melton Mowbray, LE14 3QZ	£140,000	£140,000	£0	13 Jan 2026	26 May 2026	133 Days
17 Nether Street, Melton Mowbray, LE14 4BS	£165,000	£159,000	-£6,000	28 Jul 2025	18 May 2026	294 Days
41 Wartnaby Road, Melton Mowbray, LE14 3JJ	£620,000	£600,000	-£20,000	07 Aug 2025	15 May 2026	281 Days
3 St Thomas Way, Melton Mowbray, LE14 2PF	£450,000	£445,000	-£5,000	02 Jan 2026	11 May 2026	129 Days
46 The Chestnuts, Middle Lane, Melton Mowbray, LE14 3HD	£600,000	£575,000	-£25,000	09 Sep 2025	07 May 2026	240 Days
4 Loughborough Road, Melton Mowbray, LE14 3TR	£189,950	£185,000	-£4,950	13 May 2025	06 May 2026	358 Days
26 Glebe Road, Melton Mowbray, LE14 3QT	£270,000	£268,000	-£2,000	18 Jan 2026	30 Apr 2026	102 Days
24 Church Bungalow, Bolton Lane, Melton Mowbray, LE14 4JE	£325,000	£324,000	-£1,000	31 Dec 2025	30 Apr 2026	120 Days
2 North Lodge Road, Old Dalby, LE14 3JT	£625,000	£610,000	-£15,000	18 Jul 2025	17 Apr 2026	273 Days
2 Beaumont, Station Road, Melton Mowbray, LE14 3NE	£500,000	£483,000	-£17,000	12 Mar 2026	17 Apr 2026	36 Days
13 Hall Drive, Asfordby, LE14 3SU	£270,000	£256,000	-£14,000	09 Jun 2025	17 Apr 2026	312 Days
14 The Cottage, Chapel Lane, Melton Mowbray, LE14 3LA	£725,000	£692,032	-£32,968	19 Aug 2025	13 Apr 2026	237 Days
Flat 5, 2 The Gables, Church Lane, Melton Mowbray, LE14 4ND	£135,000	£132,500	-£2,500	01 Oct 2025	10 Apr 2026	191 Days
Rose Cottage, Hollow Lane, Frisby On The Wreake, LE14 2PJ	£390,000	£350,000	-£40,000	29 Jul 2025	10 Apr 2026	255 Days
31 Acorn Cottage, Main Street, Melton Mowbray, LE14 2QT	£295,000	£285,000	-£10,000	28 Nov 2025	07 Apr 2026	130 Days
13 Firdale, Melton Mowbray, LE14 2PU	£270,000	£257,000	-£13,000	14 Oct 2025	01 Apr 2026	169 Days
7 The Shant, Church Lane, Melton Mowbray, LE14 2DF	£425,000	£410,773	-£14,227	25 Apr 2025	26 Mar 2026	335 Days

Most Expensive Streets in LE14 (Melton Mowbray)

Postcode	Street	Area	Average	No. of Sales
LE14 3JD	Nottingham Road	Melton Mowbray	£1,203,333	3
LE14 3AQ	Main Street	Melton Mowbray	£941,562	4
LE14 4FT	Deben Gardens, Scalford	Melton Mowbray	£910,000	4
LE14 4QL	Main Street	Melton Mowbray	£819,966	3
LE14 3QG	Melton Road	Melton Mowbray	£790,900	4
LE14 2AY	Spring Lane	Melton Mowbray	£750,000	5
LE14 2LP	Main Street	Melton Mowbray	£733,250	4
LE14 3LB	Church Lane, Old Dalby	Melton Mowbray	£721,666	3
LE14 3EU	Dairy Lane	Melton Mowbray	£700,000	3
LE14 4SD	Waltham Road	Melton Mowbray	£695,000	3

Least Expensive Streets in LE14 (Melton Mowbray)

Postcode	Street	Area	Average	No. of Sales
LE14 2UN	Burton Hall, Hall Drive	Melton Mowbray	£110,962	8
LE14 3RW	Cowman Close	Melton Mowbray	£134,166	3
LE14 4BS	Nether Street, Harby	Melton Mowbray	£145,000	6
LE14 4NP	Kings Road	Melton Mowbray	£145,000	3
LE14 3SP	Main Road	Melton Mowbray	£153,750	4
LE14 3SG	New Street	Melton Mowbray	£157,076	13
LE14 3QY	St Johns Road	Melton Mowbray	£168,000	5
LE14 3QZ	South Street	Melton Mowbray	£170,550	9
LE14 3RB	Welby Road, Asfordby Hill	Melton Mowbray	£178,875	4
LE14 3UH	Flint Drive, Asfordby	Melton Mowbray	£180,181	11