Property profile

Flat 240 Melton Road

Map showing Flat 2, 40 Melton Road, Leicester

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£85,000

Flats sold in Belgrave

The box shows the middle 50% of flats sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Price per sq ftLocal median £194 per sq ft
£352 per sq ftEstimate vs local median: +£158 per sq ft (+82%)
Local sold pricesMedian for flats in Belgrave
£126,500Estimate vs local median: −£39,000 (−31%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeFlat / Semi-Detached
Construction period1900-1929
Floor area23 m² / 248 sq ft
Rooms1 habitable / 1 heated
Floor level2
EPC ratingC
EPC inspection12 Mar 2025

Sales history

No recorded sales for this property in HM Land Registry data.

Local market

Property prices in Belgrave

Median price: £265,000
Price per sq ft: £287
Sales (last 12 months): 51
Typical range (middle 50%): £223K – £299K

Based on 51 recent sales, the median property price is £265,000 (about £287 per square foot) in Belgrave area, with individual transactions ranging from £45,000 up to £860,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Belgrave over the last year.
TypeSalesMedian£/sq ft
Detached1£860,000£149
Semi-Detached8£285,000£337
Terraced38£262,500£288
Flats4£126,500£194

10-year price trendmedian sale price in Belgrave

Sale price

Ten year median sale price trend for each property type in Belgrave.
YearFlatsSemi-DetachedTerraced
2016£125,000£187,063£171,500
2017£110,000£183,450£204,450
2018£126,725£218,000£177,500
2019£88,000£204,500£186,500
2020£134,000£250,000£216,750
2021£110,000£265,000£225,000
2022£138,250£290,000£253,500
2023£133,000£250,000£240,000
2024£172,500£282,500£251,000
2025£110,000£262,500£253,000
2026£169,000£300,000£270,000
Ten year median sale price trend for each property type in Belgrave.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Belgrave.
YearFlatsSemi-DetachedTerraced
2016£190£187£184
2017£171£217£220
2018£202£232£213
2019£151£193£226
2020£249£248£237
2021£186£224£258
2022£207£293£281
2023£190£292£281
2024£201£329£287
2025£177£330£286
2026£218£294£283
Ten year median sale price per square foot trend for each property type in Belgrave.

Price distribution by property typelast 12 months

Price distribution by property type for Belgrave in the last year.

Recent sales

There were 50+ recent sold properties in the last 18 months near LE4 5EB.

Recent sold properties in the last 18 months near LE4 5EB
DateAddressTypeTenurePriceMap
28 May 2025Flat 5, 50, Melton Road, Leicester, LE4 5EBFlatsLeasehold£69,000
21 May 202566, Melton Road, Leicester, LE4 5EBTerracedFreehold£310,000
17 Dec 202538, Shaftesbury Avenue, Leicester, LE4 5DRTerracedFreehold£267,000
16 Jan 20264, Melton Road, Leicester, LE4 5EAOtherFreehold£1,250,000
29 Jul 202557, Canon Street, Leicester, LE4 6NHTerracedFreehold£140,000

Other properties at this postcode

AddressTenureFloor areaLast sale
34 Melton Road, Leicester-136 m²-
48, Melton Road, LeicesterFreehold226 m²£225,000 (2015)
50, Melton Road, Leicester-53 m²-
58 Melton Road, Leicester-64 m²-
60, Melton Road, Leicester-108 m²-
64 Melton Road, Leicester-116 m²-
66 Melton Road, LeicesterFreehold68 m²£310,000 (2025)
66A, Melton Road, LeicesterFreehold41 m²£159,000 (2014)
78, Melton Road, LeicesterFreehold111 m²£50,000 (1997)
80, Melton Road, LeicesterFreehold108 m²£94,500 (2003)

Area insights for LE4 5EB

Full area profile →

Overview

Postcode LE4 5EB is located in an urban city, within the Belgrave area of Leicester in the East Midlands region, and forms part of the Belgrave North West area. It has very high deprivation and high crime levels, with around 95 crimes per 1,000 residents per year, in line with the East Midlands average of 96 per 1,000. The average income per household in Belgrave North West is £34,869 per year. The median sale price in Belgrave is £265,000 (around £287 per square foot), with typical sale prices between £222,500 and £298,500. The nearest station is Leicester, about 1.5 miles away. There are 14 primary and 2 secondary schools in the area. There is 1 park nearby, the closest small park is Loughborough Road Play Area.

Crime rate
8/10
Crimes per 1k residents
95
Deprivation level
9/10
Income level
1/10
Social housing
42.4%
Connectivity
N/A
Flood Risk
No risk
Noise Level
Very High

Deprivation level

9/10

Belgrave North West has a very high level of deprivation, ranked at position 4,600 out of 32,844 areas in England, placing it within the top 14% most deprived areas in England.

Crime level

8/10

Belgrave North West has a high crime rate, with approximately 95 reported incidents per 1,000 population each year.

Social housing

42.4%

Approximately 42.4% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 24.0% of dwellings are socially rented.

Income level

1/10

The average income per household in Belgrave North West is £34,869 per year.

Noise Level

Very High

Very High noise level (>=75.0 dB) from road, approximately 22 ft away from LE4 5EB.

Flood risk

No risk

Belgrave North West near LE4 5EB has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Leicester located about 1.5 miles away. There are no other stations nearby.

Parks

Nearby parks and green spaces for LE4 5EB
DistanceNameSizeDirections
0.5 miLoughborough Road Play AreaSmallWalking directions to Loughborough Road Play Area

Area Profile

Population
444
Population density
13,454.5 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
49.77(+44%)
Other theft
10.5(+84%)
Anti-social behaviour
9.13(-46%)
Criminal damage and arson
9.13(+23%)
Public order
8.68(+25%)
East Midlands average

Demographics

Ethnic groups

Indian
353
79.33%
British
28
6.29%
Other
25
5.62%
Other Asian
9
2.02%
Pakistani
8
1.8%
Total population: 445

Economics

Education (age 16+)

No qualifications
164
43.27%
Level 4+ (Degree)
51
13.46%
Level 1 (GCSEs 3-1)
48
12.66%
Level 3 (A level)
38
10.03%
Other
32
8.44%
Total 16+ residents: 379

Housing

Housing tenure

Other social rented
63
36.63%
Private landlord or letting agency
60
34.88%
Owns outright
25
14.53%
Social rents from council
10
5.81%
Owns with a mortgage
8
4.65%
Total households: 172

Schools

In the LE4 5EB postcode area, located within Belgrave North West, there are 14 primary and 2 secondary schools in close proximity.

Nearby primary and secondary schools for LE4 5EB
DistancePhaseNameTypeRating
0.1 miNot applicableDarul Uloom LeicesterOther independent school

N/A

0.3 miPrimaryAbbey Mead Primary AcademyAcademy converter

Outstanding

0.3 miPrimarySaint Patrick's Catholic Voluntary AcademyAcademy converter

Good

Local amenities

5 nearby supermarkets & convenience stores within 0.5 mi of LE4 5EB

Nearby supermarkets & convenience stores for LE4 5EB
DistanceNameAddressDirections
0.1 miTesco ExpressMelton Road, Leicester, LE4 6PNWalking directions to Tesco Express
0.1 miRadia's SuperstoreMelton Road, Leicester, LE4 6QSWalking directions to Radia's Superstore
0.1 miMorker News26 - 28 Loughborough Road, Leicester, LE4 5LDWalking directions to Morker News
0.3 miAbhinay ExpressLoughborough Road, Leicester, LE4 5LGWalking directions to Abhinay Express
0.3 miBelgrave General StoreLoughborough Road, Leicester, LE4 5LGWalking directions to Belgrave General Store