Housing Market Analysis for LE7 4RA

Are you looking to understand LE7 4RA house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Melton postcode.

For the location information and nearby amenities in the LE7 4RA area, explore the LE7 4RA Area information page.
For comprehensive crime statistics in the LE7 4RA area, explore the LE7 4RA Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LE7 4RA postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average LE7 4RA house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

    Please note that this data is populated based on the sold houses data given by the Land Registry.

    All the Sales in the LE7 4RA

    See the table below for more details on the sold house prices in the LE7 4RA, Melton postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the LE7 4RA postcode. Properties currently for saleProperties currently for rent

    LE7 4RA Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the LE7 4RA postcode area

    Nearby Sold House Price Statstics

    Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the LE7 4RA postcode.

    • Detached
      • The average price is around £370,608 median price is £345,000 Standard Deviation is £173,714 with Total Sold: 60
      • The Last 5 Year average price is £484,167 with Total Sold: 9
      • The most recent sale happened at this postcode is , 25 BAGGRAVE END: £430,000 (Sold on 17 Jan 2024)
      • The first recorded sale happened at this postcode is , GLEDHOLT, 1 CHURCH LANE: £200,000 (Sold on 07 Aug 1995)
    • Other
      • The average price is around £466,667 median price is £375,000 Standard Deviation is £222,704 with Total Sold: 6
      • The Last 5 Year average price is £545,000 with Total Sold: 2
      • The most recent sale happened at this postcode is , SPRINGFIELD KENNELS GADDESBY LANE: £790,000 (Sold on 12 Jul 2023)
      • The first recorded sale happened at this postcode is , THE LODGE GADDESBY LANE: £745,000 (Sold on 14 Aug 2015)
    • Terraced
      • The average price is around £139,011 median price is £177,500 Standard Deviation is £70,144 with Total Sold: 8
      • The Last 5 Year average price is £177,500 with Total Sold: 2
      • The most recent sale happened at this postcode is , 10 BAGGRAVE END: £185,000 (Sold on 26 Oct 2021)
      • The first recorded sale happened at this postcode is , 3 RANDALLS CLOSE: £65,000 (Sold on 31 Oct 1996)
    • Semi-Detached
      • The average price is around £217,875 median price is £175,500 Standard Deviation is £153,053 with Total Sold: 10
      • The Last 5 Year average price is £485,000 with Total Sold: 2
      • The most recent sale happened at this postcode is , THE COTTAGE, 1 MAIN STREET: £575,000 (Sold on 11 Dec 2019)
      • The first recorded sale happened at this postcode is , 9 BAGGRAVE END: £46,000 (Sold on 30 Jun 1995)

    Sold Price Trend Over the Years:

    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£416,667 £1,302 3
    2021£450,000 £2,057 2
    2020£546,667 £2,091 3
    2019£567,500 £2,956 1
    2018£706,5002
    2017£391,667 £2,375 3
    2016£360,000 £2,561 2
    2015£601,333 £1,429 3
    2013£272,333 £2,577 3
    2011£315,333 £2,216 3
    2010£529,750 £2,007 4
    2009£345,0002
    2008£215,000 £1,955 1
    2007£364,333 £2,667 3
    2006£385,0003
    2005£482,500 £1,757 2
    2004£388,3333
    2003£275,000 £2,417 2
    2002£187,0001
    2001£328,0001
    2000£366,2502
    1999£156,5002
    1998£148,0001
    1997£170,000 £938 4
    1996£147,000 £1,817 1
    1995£172,167 £691 3
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£790,000 £5,852 1
    2020£300,0001
    2018£355,000 £3,358 2
    2017£255,0001
    2015£745,0001
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2021£185,000 £4,111 1
    2019£170,000 £3,208 1
    2011£187,500 £1,793 1
    2009£209,250 £2,026 2
    1998£34,085 £367 1
    1997£52,0001
    1996£65,0001
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2019£485,000 £2,801 2
    2016£250,000 £1,773 1
    2010£160,000 £1,873 1
    2008£146,0001
    2005£191,0001
    2003£244,000 £2,596 1
    2000£86,0001
    1999£85,7501
    1995£46,0001

    House Type in LE7 4RA area

    The most common house types in the LE7 4RA postcode area are Detached (121), Semi-detached (34), and Terraced (17).

    Total174
    Detached121
    Semi-detached34
    Terraced17
    Flat1
    commercial building1
    Shared house0
    converted building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (86), and Owned: Owns with a mortgage or loan (43).

    Owned: Owns outright86
    Owned: Owns with a mortgage or loan43
    Private rented: Private landlord or letting agency30
    Private rented: Other private rented7
    Social rented: Rents from council or Local Authority6
    Shared ownership: Shared ownership3
    Does not apply0
    Social rented: Other social rented0
    Lives rent free0

    Number of People in a Household

    The most houses in the LE7 4RA have 2 people in household (72), and 1 person in household (57).

    2 people in household72
    1 person in household57
    3 people in household23
    4 people in household16
    5 people in household7
    6 people in household2
    0 people in household0
    7 people in household0
    8 or more people in household0