How much is 474 Melton Road, Leicester, LE4 7SP worth?
Estimated value — November 2026
£315,000
Likely range £260,000 – £375,000Four in five similar homes sold within their range when we tested it.
Latest recorded sale December 2008
65%
confidence
High
Typically within 9% of the sale price
Property details
Detached house
Melton Road · Leicester · LE4 7SP
Energy performance
Mains Gas (Not Community) · EPC 2103-3061-8204-1076-3200 · inspected April 2026
Address
- District
- Leicester
- County
- Leicester
Value over time
- Modelled value
- Recorded sale
- Projected
- Likely range (80%)
- Today's estimate
Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. The shaded band is where four in five prices fell when we tested this line against real sales of similar homes; it widens the further a month is from a recorded sale, and today it matches the likely range above.
View as a table
| Year | Modelled value | Likely range | Recorded sale |
|---|---|---|---|
| 2008 | £140,000 | £140,000 – £140,000 | £140,000 |
| 2009 | £141,521 | £123,373 – £169,933 | — |
| 2010 | £151,101 | £131,038 – £175,381 | — |
| 2011 | £151,156 | £129,878 – £175,051 | — |
| 2012 | £153,763 | £130,921 – £178,341 | — |
| 2013 | £158,989 | £134,288 – £185,685 | — |
| 2014 | £169,328 | £141,976 – £198,644 | — |
| 2015 | £183,753 | £153,367 – £215,477 | — |
| 2016 | £203,380 | £169,120 – £238,722 | — |
| 2017 | £217,352 | £179,901 – £255,665 | — |
| 2018 | £235,685 | £194,069 – £278,379 | — |
| 2019 | £241,813 | £198,513 – £286,124 | — |
| 2020 | £265,957 | £217,845 – £315,916 | — |
| 2021 | £289,039 | £237,245 – £343,839 | — |
| 2022 | £319,028 | £262,014 – £380,380 | — |
| 2023 | £315,463 | £259,459 – £376,727 | — |
| 2024 | £319,800 | £269,230 – £374,968 | — |
| 2025 | £317,099 | £263,822 – £375,220 | — |
| 2026 | £315,000 | £260,000 – £375,000 | — |
Sale history
Mortgage calculator
£1,691
Estimated monthly repayment
£283,500
Loan amount
£325,124
Total interest
£608,624
Total repayable
A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.
Related properties
- 480 Melton Road, Leicester, LE4 7SP£76,000 · 2001£315,000
- 496 Melton Road, Leicester, LE4 7SP£59,950 · 1998£323,000
- Watermead View, 512, Apartment 20, Melton Road, Leicester, LE4 7SP£265,000 · 2024£243,000
- Watermead View, 512, Apartment 3, Melton Road, Leicester, LE4 7SP£270,000 · 2023£243,000
- Watermead View, 512, Apartment 33, Melton Road, Leicester, LE4 7SP£265,000 · 2023£252,000
- Watermead View, 512, Apartment 27, Melton Road, Leicester, LE4 7SP£280,000 · 2023£250,000
- Watermead View, 512, Apartment 2, Melton Road, Leicester, LE4 7SP£270,000 · 2023£260,000
- Watermead View, 512, Apartment 7, Melton Road, Leicester, LE4 7SP£270,000 · 2023£260,000
- 484 Melton Road, Leicester, LE4 7SP£186,500 · 2014£349,000
- Watermead View, 512, Apartment 32, Melton Road, Leicester, LE4 7SP£240,000 · 2024£217,000
About this property
474 Melton Road, Leicester, LE4 7SP is a detached house on Melton Road in Leicester. Stede's estimated value for November 2026 is £315,000. Four in five similar homes sold within their likely range when tested; for this property that range is £260,000 to £375,000. It combines its own last sale brought up to date with the House Price Index (50%), recent sales of 14 similar homes in the same postcode sector (25%) and their price per m² applied to its floor area (25%). The confidence score is 65 out of 100 (high): estimates like this one are typically within 9% of the eventual sale price.
It last sold in December 2008 for £140,000. The current estimate is 125% higher than that price. The current owner has held it for about 18 years.
Its EPC energy-efficiency rating is band D (62 out of 100), with a potential of band B (82) after the recommended improvements. The certificate records a total floor area of 99 m² (1,066 sq ft). It was lodged in April 2026.
The modelled value is down 2% over the past year and up 10% over the past five years.
Among 10 nearby properties Stede tracks in the LE4 area, estimated values run from £217,000 to £349,000. This detached house's £315,000 sits toward the upper end of that range.
Common questions
How much is 474 Melton Road, Leicester, LE4 7SP worth?
Stede estimates 474 Melton Road, Leicester, LE4 7SP is worth £315,000 as of November 2026, within a likely range of £260,000 to £375,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.
When did 474 Melton Road, Leicester, LE4 7SP last sell?
It last sold in December 2008 for £140,000.
What type of property is 474 Melton Road, Leicester, LE4 7SP?
It is recorded as a Detached house on Melton Road in the LE4 postcode area.
What is the EPC rating of 474 Melton Road, Leicester, LE4 7SP?
474 Melton Road, Leicester, LE4 7SP has an EPC energy-efficiency rating of band D (62 out of 100). Its potential rating after the recommended improvements is band B (82). The certificate records a floor area of 99 m² (1,066 sq ft). EPC data is published by the Ministry of Housing, Communities & Local Government and reflects the most recent certificate on record.
How reliable is this estimate?
The confidence score is 65 out of 100 (high). Tested against real sales of similar homes, estimates like this one are typically within 9% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.
How does Stede calculate this estimate?
It combines its own last sale brought up to date with the House Price Index (50%), recent sales of 14 similar homes in the same postcode sector (25%) and their price per m² applied to its floor area (25%). Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.
How we got this figure
We weighed the evidence below, giving each piece the share that proved most accurate when we tested it against real sales of similar homes. The likely range and confidence come from testing the same method against 59,281 real sales of similar homes.
- Its sale in December 2008, brought up to today with the House Price Index£281,56750%
- 14 similar homes sold recently in the same postcode sector£321,43225%
- Recent price per m² in the same postcode sector, for its 99 m²£373,47025%
Estimate £315,000, likely £260,000 – £375,000
Read the full methodology and data sources →