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Melton Mowbray market report LE13 1
The LE13 1 (Melton Mowbray) house price history in full, 1995 to 2026, in cash and in today's money. Every figure on this page comes from the public record: 7,689 sales registered with HM Land Registry in LE13 1 (Melton Mowbray) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the middle 2026 sale in LE13 1 (Melton Mowbray) came in at £235,000, out of 87 registered, up 4% on five years earlier, and the mean stands at £253,700, and by floor area homes here have averaged about £2,890 per square metre over the last five years. The record behind it is 7,689 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
LE13 1 is a postcode sector: one group of streets inside LE13 (Melton Mowbray). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where LE13 1 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.
The going rate for a home in LE13 1
Across 87 registered 2026 sales, the typical (median) LE13 1 home went for £235,000. The mean is £253,700, a little above it, the familiar pattern where pricier homes stretch the average.
LE13 1 prices by floor area
By floor space, homes in LE13 1 have sold for about £2,890 per square metre on average over the last five years: the like-for-like measure that lets you compare a small flat with a large house, from the Energy Performance Certificate floor areas behind each sale.
The national median for England and Wales is £285,000, which puts LE13 1 18% below the country at large.
A typical LE13 1 home, priced year by year (1995 to 2026)
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £235,000 | £235,000 | 87 |
| 2025 | £245,000 | £250,859 | 307 |
| 2024 | £247,000 | £262,612 | 263 |
| 2023 | £255,000 | £280,183 | 235 |
| 2022 | £245,000 | £287,290 | 250 |
| 2021 | £225,000 | £284,879 | 264 |
| 2020 | £202,500 | £262,748 | 180 |
| 2019 | £195,000 | £255,598 | 187 |
| 2018 | £185,000 | £246,608 | 196 |
| 2017 | £177,000 | £241,410 | 265 |
| 2016 | £175,000 | £244,827 | 218 |
| 2015 | £160,000 | £226,080 | 291 |
| 2014 | £150,000 | £212,801 | 252 |
| 2013 | £140,000 | £201,446 | 216 |
| 2012 | £135,000 | £198,703 | 182 |
| 2011 | £132,500 | £200,024 | 141 |
| 2010 | £135,000 | £211,715 | 185 |
| 2009 | £125,500 | £201,742 | 206 |
| 2008 | £140,000 | £229,490 | 192 |
| 2007 | £148,000 | £251,049 | 275 |
| 2006 | £140,000 | £243,022 | 289 |
| 2005 | £133,000 | £236,686 | 211 |
| 2004 | £135,000 | £245,186 | 233 |
| 2003 | £108,000 | £198,962 | 254 |
| 2002 | £90,000 | £169,334 | 283 |
| 2001 | £76,500 | £147,067 | 325 |
| 2000 | £64,500 | £126,581 | 299 |
| 1999 | £59,000 | £117,584 | 360 |
| 1998 | £55,000 | £111,021 | 267 |
| 1997 | £54,500 | £111,769 | 283 |
| 1996 | £52,500 | £110,720 | 275 |
| 1995 | £52,200 | £113,475 | 218 |
In cash terms the typical LE13 1 home went from £52,200 in 1995 to £235,000 in 2026, roughly 5 times the price. Even after inflation that is a real rise of about 107%: homes here genuinely became dearer, not merely more expensive on paper. Measured in today's money the market peaked in 2022; the current median sits about 18% below that. Someone who bought at the 2022 peak has not yet seen that price back in real terms.
Year-on-year change in the LE13 1 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 2004 (+25.0% on the year before); the weakest, 2009 (−10.4%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −4.1% | −6.3% |
| 5 years (since 2021) | +0.9% | −3.8% |
| 10 years (since 2016) | +3.0% | −0.4% |
| 20 years (since 2006) | +2.6% | −0.2% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
The turnover behind the prices
Sales per year, counted
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
LE13 1 recorded 87 sales in the last twelve months of data. Turnover has held fairly steady across the cycle: about 228 sales a year recently, against 271 a year before 2008. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
What homes rent for around LE13 1
For renting purposes LE13 1 sits in Melton. The ONS average private rent there is £791 a month (May 2026). The spread runs from £546 a month for a typical one-bed to £1,345 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Melton
ONS Price Index of Private Rents, May 2026.
Against the £235,000 median purchase price, a rent of £791 a month (£9,492 a year) works out at a 4.0% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
LE13 1 (Melton Mowbray): the questions that come up
How much did a house sell for in LE13 1 (Melton Mowbray)?
Are property prices falling in LE13 1 (Melton Mowbray)?
Is LE13 1 (Melton Mowbray) a good place to buy a house?
Are LE13 1 prices heading up or down?
The record answers a different question than "what happens next": the median is up 4% over five years in cash but down 18% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
What is for sale in LE13 right now
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 1: live asking prices are collected per district.
37% of what is on the market here is asking below what comparable homes actually sold for. Each listing is compared with recent recorded sales of similar homes nearby.
- Lake Terrace, Melton Mowbray, LE13, Melton Mowbray
- Lake Terrace, Melton Mowbray, LE13, Melton Mowbray
- Nottingham Road, Melton Mowbray, LE13, Melton Mowbray
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every LE13 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
Bedroom by bedroom: LE prices by size
Real sold prices by size across the LE area, straight from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| 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%) | — | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. 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.
LE area districts: five years of change
The districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in LE13
Sector boundaries hide real price steps. The rest of LE13, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| LE13 0 | £230,000 | 91 |
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 1? 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 1, use the average prices map for a rough value: zoom from LE13 1's shading down to the sold homes on your own street. The figures above are every recorded LE13 1 sale; agents price with this same Land Registry record, and now you have it too.
Estate agents working LE13 1: the featured spot on this report is free for founding agents, one per district. Claim LE13 1.
Keep digging
The AI answers from the same Land Registry data this report is built on, already scoped to LE13 1. Free after a one click sign in.
Two maps carry on from here: every LE13 1 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices 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.