Local market reports › LE area › LE13 › LE13 0
Melton Mowbray market report LE13 0
The standing LE13 0 (Melton Mowbray) property market report, rebuilt from the full public record every month. The raw material for this page is 8,573 HM Land Registry entries for LE13 0 (Melton Mowbray), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: 91 registered 2026 sales put the LE13 0 (Melton Mowbray) median at £230,000, up 5% on five years earlier, with a mean of £247,400, and by floor area homes here have averaged about £2,870 per square metre over the last five years. Everything rests on 8,573 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
LE13 0 is one sector of LE13 (Melton Mowbray): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where LE13 0 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
Today's LE13 0 prices, from the sold record
The LE13 0 median stands at £230,000 for 2026, built from 91 registered sales; the mean, the figure usually quoted as the "average house price", is £247,400, a little above it, the familiar pattern where pricier homes stretch the average.
House prices per square metre in LE13 0
A square metre of LE13 0 home has cost about £2,870 on average across the last five years of sales, using the floor area on each home's Energy Performance Certificate: the measure that puts a studio and a five-bed on the same footing.
The national median for England and Wales is £285,000, which puts LE13 0 19% below the country at large.
LE13 0's median sold price, 1995 to 2026
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £230,000 | £230,000 | 91 |
| 2025 | £250,000 | £255,978 | 277 |
| 2024 | £256,500 | £272,712 | 285 |
| 2023 | £242,500 | £266,448 | 251 |
| 2022 | £261,900 | £307,108 | 318 |
| 2021 | £220,000 | £278,548 | 294 |
| 2020 | £195,000 | £253,017 | 231 |
| 2019 | £200,000 | £262,152 | 275 |
| 2018 | £188,500 | £251,274 | 273 |
| 2017 | £171,000 | £233,227 | 212 |
| 2016 | £154,800 | £216,567 | 194 |
| 2015 | £155,000 | £219,015 | 248 |
| 2014 | £151,000 | £214,220 | 222 |
| 2013 | £145,000 | £208,641 | 221 |
| 2012 | £147,500 | £217,102 | 173 |
| 2011 | £137,200 | £207,119 | 220 |
| 2010 | £139,500 | £218,772 | 226 |
| 2009 | £131,000 | £210,584 | 235 |
| 2008 | £132,000 | £216,376 | 177 |
| 2007 | £144,500 | £245,112 | 315 |
| 2006 | £135,000 | £234,343 | 321 |
| 2005 | £127,000 | £226,009 | 337 |
| 2004 | £128,500 | £233,381 | 340 |
| 2003 | £118,400 | £218,122 | 396 |
| 2002 | £90,000 | £169,334 | 370 |
| 2001 | £65,000 | £124,959 | 361 |
| 2000 | £60,000 | £117,750 | 293 |
| 1999 | £55,000 | £109,612 | 369 |
| 1998 | £53,000 | £106,984 | 304 |
| 1997 | £49,200 | £100,899 | 313 |
| 1996 | £43,500 | £91,740 | 236 |
| 1995 | £43,500 | £94,562 | 195 |
In cash terms the typical LE13 0 home went from £43,500 in 1995 to £230,000 in 2026, roughly 5 times the price. Even after inflation that is a real rise of about 143%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2022. The market now sits about 25% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the LE13 0 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2002 (+38.5% on the year before); the weakest, 2008 (−8.7%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −8.0% | −10.1% |
| 5 years (since 2021) | +0.9% | −3.8% |
| 10 years (since 2016) | +4.0% | +0.6% |
| 20 years (since 2006) | +2.7% | −0.1% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
How many homes change hands in LE13 0
Sales per year, counted
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
The register shows 91 LE13 0 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 342 sales a year before the financial crisis and 244 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
Rents around LE13 0
The local authority for LE13 0 is Melton, and its ONS average private rent currently stands at £791 a month (May 2026 figures). A one-bed averages £546 a month here and a four-or-more-bed £1,345, so size does most of the work in setting the rent.
Average monthly rent by size, Melton
ONS Price Index of Private Rents, May 2026.
Set against the £230,000 median sold price, £791 a month is £9,492 a year, a gross yield of 4.1%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
What kind of market LE13 0 is
Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing.
What people ask about LE13 0 (Melton Mowbray)
Is LE13 0 (Melton Mowbray) a good place to buy a house?
How much did a house sell for in LE13 0 (Melton Mowbray)?
Are property prices falling in LE13 0 (Melton Mowbray)?
Will LE13 0 prices rise from here?
That question has no honest answer, only evidence. The evidence: the median is up 5% over five years in cash but down 17% after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
LE13's current homes for sale
This is what you could actually buy today: 151 homes currently on the market from 9 agents publishing to HomesIndex.
These cover the whole LE13 district, not just LE13 0: live asking prices are collected per district.
Of everything listed here, 37% asks less than the sold record of comparable homes. The comparison behind each listing uses recent recorded sales of similar homes close by.
- Lake Terrace, Melton Mowbray, LE13, Melton Mowbray
- Lake Terrace, Melton Mowbray, LE13, Melton Mowbray
- Nottingham Road, Melton Mowbray, LE13, Melton Mowbray
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every LE13 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
Moving up a bedroom in LE: the cost
Real sold prices by size across the LE area, straight from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £285,000 | £380,000 (+33%) | £560,000 (+47%) | £795,000 (+42%) |
| Semi-detached | £210,000 | £242,000 (+15%) | £282,000 (+17%) | £360,000 (+28%) | £500,000 (+39%) |
| Terraced | £183,000 | £205,000 (+12%) | £243,500 (+19%) | £310,000 (+27%) | £402,500 (+30%) |
| Flat | £125,000 | £152,750 (+22%) | £210,000 (+37%) | — | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the LE area is the point: the same five years treated these districts very differently.
Five-year change in the median, LE area districts
The districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in LE13
A few minutes' walk can separate two very different markets. Here are LE13's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| LE13 1 | £235,000 | 87 |
Zoom out to the full LE13 district report for the type split, monthly volumes and how LE13 compares with its neighbours.
Thinking of selling in LE13 0? Get a rough value first
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in LE13 0, use the average prices map for a rough value: zoom from LE13 0's shading down to the sold homes on your own street. The figures above are every recorded LE13 0 sale; agents price with this same Land Registry record, and now you have it too.
Estate agents working LE13 0: the featured spot on this report is free for founding agents, one per district. Claim LE13 0.
Take it further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about LE13 0. Free, with a one click sign in.
See every individual LE13 0 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.