Key indicators for buyers
The LE14 market presents a mixed picture for buyers. Prices are rising at 37.2%, which may favour acting sooner rather than later. Affordability has improved from a peak of 12.6x in 2021 to 8.0x today. Rising rents (£791/mo, +8.5%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Melton area
A home in Melton costs 8.0x the local median salary — stretched, improving from a peak of 12.6x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Melton area
Average monthly rent in Melton is £791, up 8.5% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Melton price of £559,444 with a 25% deposit (£140k), a 2-year fixed mortgage at 3.97% costs around £2,208 per month.
Monthly cost comparison based on current data
Uses LE14 avg. price with Melton rental data
Monthly mortgage payments (£2,208) are £1,417 more than renting (£791). However, buying requires an upfront deposit of £140k — it would take around 11655 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
8, LEWINS CLOSE, TWYFORD LE14 2HS | Detached | £590,000 | 26 Jan 2026 |
13, ROSEBERRY AVENUE, ASFORDBY VALLEY LE14 3SJ | Detached | £183,333 | 15 Jan 2026 |
6, FAIR FIELD, WALTHAM ON THE WOLDS LE14 4AX | Detached | £905,000 | 8 Jan 2026 |
3, CROSS LANE, BURTON LAZARS LE14 2UH | Detached | £365,000 | 19 Dec 2025 |
14, TOWNEND CLOSE, ASFORDBY LE14 3TY | Semi-detached | £222,000 | 19 Dec 2025 |
4, POTTER HILL LE14 3JE | Semi-detached | £307,000 | 19 Dec 2025 |
6, DICKMANS LANE, HARBY LE14 4BG |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in LE14 sold for £559,444 in 2026, with a median of £590,000 across 3 transactions. Prices rose 37.2% compared to the previous year.
| Detached |
| £275,000 |
| 19 Dec 2025 |
19, CHAPEL LANE, NETHER BROUGHTON LE14 3EN | Detached | £285,000 | 19 Dec 2025 |
43, MAIN STREET, ASFORDBY LE14 3RZ | Semi-detached | £295,000 | 19 Dec 2025 |
7, ASFORDBY PLACE, ASFORDBY LE14 3TG | Terraced | £190,000 | 18 Dec 2025 |
27, MAIN STREET, GOADBY MARWOOD LE14 4LN | Detached | £505,000 | 18 Dec 2025 |
31A, MAIN STREET, GRIMSTON LE14 3BZ | Detached | £400,000 | 18 Dec 2025 |
2, LEVESLEY GARDENS, STATHERN LE14 4JQ | Detached | £392,000 | 15 Dec 2025 |
12, SCHOOL LANE, HARBY LE14 4BZ | Detached | £510,000 | 12 Dec 2025 |
50A, MAIN STREET, HOBY LE14 3DT | Semi-detached | £647,000 | 12 Dec 2025 |
56, QUEENSWAY, OLD DALBY LE14 3QH | Semi-detached | £240,000 | 12 Dec 2025 |
THE HOLLIES, 35, MAIN STREET, GREAT DALBY LE14 2ET | Detached | £575,000 | 9 Dec 2025 |
17, CHILD CLOSE, BURTON LAZARS LE14 2UT | Detached | £500,000 | 5 Dec 2025 |
19, CHURCH LANE, WYMONDHAM LE14 2AB | Semi-detached | £320,000 | 5 Dec 2025 |
16, NORTH VIEW CLOSE, ASFORDBY VALLEY LE14 3NL | Semi-detached | £185,000 | 4 Dec 2025 |
The most recent recorded sale in LE14 was a detached property on Lewins Close for £590,000 in January 2026. Across the last 20 sales, the median price was £365,000.