Buying a home in LE14, Melton Mowbray. What it costs, what you get and where else to look.

Typical 3-bedroom house£283kmost £231k–£382k
Houses per m²£3,226flats £2,012
Sold last year137906 in five years
Prices in Melton+1.5%on a year ago

A typical 3-bedroom house in LE14 sold for £282,797 over the last five years, in today's money; most went for between £231,045 and £381,591, for about 90 m² of space. That is 12% more than the same home across Melton Mowbray (£253,000).

137 homes sold here in the last year: a steady market with homes coming up most weeks. Flats start at around £136k for two bedrooms. Within the district, houses cost the least per m² in LE14 3 (£3,023) and the most in LE14 2 (£3,410).

Across Melton, prices are up 1.5% on a year ago and up 14.4% over five years. Renting a similar home there costs about £899 a month; a 90% mortgage on the typical price would be around £1,290 a month at 4.5% over 30 years. Lenders would typically want a household income of about £57,000 for that mortgage: what £60,000 buys.

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House prices in LE14 by bedrooms

BedroomsTypical priceMost sell forSizeSold, 5 years
1£203,579£152k–£348k43 m²13
2£214,660£175k–£250k67 m²190
3£282,797£231k–£382k90 m²348
4£446,725£334k–£581k132 m²130
5+£586,667£480k–£757k184 m²217

Prices by type of home

1 bed2 bed3 bed4 bed5+ bed
Houses£204k£215k£283k£447k£587k
Detached—£306k£382k£483k£625k
Semi-detached£348k£221k£252k£345k£423k
Terraced£152k£181k£219k£301k—
Flats—£136k———

Typical sale price over the last five years, adjusted to today's prices with the UK House Price Index.

Price per m² across LE14

Postcode sectorHousesFlats
LE14 2£3,410£2,012
LE14 3£3,023£1,959
LE14 4£3,343—

Schools near LE14

Best state primary within 2 kmSt Mary's Church of England Primary School55% met the expected standard at 11 · England 64%1 state primaries within 2 km
Best state secondary within 5 kmLong Field Spencer Academy46.1% got grade 5+ in English and maths · England 43.8%4 state secondaries within 5 km

Nearby areas

Questions about LE14

Is LE14 a good area to buy a home?

What the numbers say: a 3-bedroom house costs 12% more than across Melton Mowbray; prices in Melton are up 1.5% on a year ago; the best state primary nearby is below the England average (55% against 64%); the best secondary is above it (46.1% against 43.8%); 137 homes sold here last year. Whether it suits you depends on your budget and what you need nearby, so compare it with the districts around it below.

How much is a 3-bedroom house in LE14?

A typical 3-bedroom house in LE14 sold for £282,797 over the last five years, in today's money. Most sold between £231,045 and £381,591.

Is LE14 expensive for Melton Mowbray?

A 3-bedroom house in LE14 costs 12% more than the typical 3-bedroom house across Melton Mowbray (£253,000).

How many homes sell in LE14 each year?

137 homes sold in the last year and 906 in five years: a steady market with homes coming up most weeks.

What are the schools like near LE14?

The best-performing state primary within 2 km is St Mary's Church of England Primary School, where 55% of pupils met the expected standard at age 11 (England: 64%).

Where is cheaper near LE14?

For a 3-bedroom house, LE13 (£240k, 2 km), NG11 (£224k, 22 km), NG31 (£205k, 23 km).

Sources: HM Land Registry price paid data matched to the EPC register for size and bedrooms, last five years in today's prices; UK House Price Index (July 2026); ONS private rents (August 2026); DfE school performance tables. Districts with fewer than five sales of a kind are left out. The mortgage figure is an illustration, not advice.