Real sold price data from HM Land Registry · Last 5 years · Excludes most recent 3 months (reporting lag)
Property Market Overview — Melton Mowbray has seen substantial transaction activity over five years, with nearly 5,000 sales recorded. The market has experienced significant contraction, with prices falling sharply from their 2021 peak of £334,496 to recent levels around £142,500—a decline of 57.4% over the period. Current median prices sit at £261,900, reflecting considerable variation across property types.
Property Types and Price Differences — Detached homes command the highest prices at an average of £420,122, roughly 2.5 times the cost of flats at £170,118. Semi-detached properties occupy the mid-range at £236,828, while terraced homes average £204,881. Detached houses represent the largest share of sales activity, accounting for over 40% of all transactions, whereas flats remain a marginal segment with just 171 sales.
Price Trends Over Time — The five-year trajectory shows a consistent downward pressure from 2021 through 2024, with annual prices declining each year. A slight recovery appeared in early 2025 at £317,192, though recent data suggests renewed weakness, with the latest average dropping dramatically to £142,500.
What Stands Out — The recent price collapse is striking and atypical; the gap between the 2025 figure and current levels suggests either a data anomaly or an unprecedented market shock. Detached properties dominate both by volume and value, whilst flats remain an underutilised segment of the local market.
| Street | Sales | Avg Price |
|---|---|---|
| Main Street | 196 | £442,615 |
| Pine Gardens | 67 | £247,497 |
| Church Lane | 64 | £518,983 |
| Alderman Road | 55 | £324,092 |
| Heron Crescent | 52 | £315,400 |
| Melton Road | 50 | £527,671 |
| Beaufighter Crescent | 48 | £321,853 |
| Leah Way | 44 | £239,750 |
| Steeple Drive | 40 | £319,681 |
| Forbes Avenue | 39 | £306,732 |
| Date | Address | Postcode | Price | Type |
|---|---|---|---|---|
| Jan 2026 | 33 Belvoir Street | LE13 1QA | £150,000 | Terraced |
| Jan 2026 | FLAT 1, SADDLERS COURT Rosebery Avenue | LE13 1BE | £135,000 | Flat |
| Dec 2025 | 53 West Avenue | LE13 0JQ | £130,000 | Terraced |
| Dec 2025 | 4 Potter Hill | LE14 3JE | £307,000 | Semi-detached |
| Dec 2025 | 9 Longfield Road | LE13 1PP | £251,000 | Semi-detached |
| Dec 2025 | 14 Townend Close | LE14 3TY | £222,000 | Semi-detached |
| Dec 2025 | 43 Main Street | LE14 3RZ | £295,000 | Semi-detached |
| Dec 2025 | 7 Ullswater Road | LE13 0LS | £125,000 | Terraced |
| Dec 2025 | 31 Craven Street | LE13 0QT | £325,000 | Semi-detached |
| Dec 2025 | 24 Winster Crescent | LE13 0EP | £192,500 | Semi-detached |
This overview shows overall trends, but property values vary significantly by postcode, property type, and time period.
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Prices in Melton Mowbray have decreased by 57% over the past 5 years. The current mean price is £322,537 and the median is £261,900.
The mean average property price in Melton Mowbray is £322,537 based on 4,865 sales over the last 5 years. The median price (the middle value, less affected by extremes) is £261,900.
The most expensive property type in Melton Mowbray is detached homes, averaging £420,122. The most affordable is flats, averaging £170,118. There have been 4,865 total sales in the last 5 years.
There have been 4,865 property sales recorded in Melton Mowbray over the past 5 years, based on HM Land Registry data. The busiest street is Main Street with 196 sales.
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