How much is 494 Melton Road, Leicester, LE4 7SP worth?
Estimated value — November 2026
£456,000
Likely range £251,000 – £622,000Four in five similar homes sold within their range when we tested it.
Latest recorded sale June 2001
25%
confidence
Low
Typically within 19% of the sale price
Property details
Semi-detached house
Melton Road · Leicester · LE4 7SP
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 |
|---|---|---|---|
| 2001 | £137,475 | £117,463 – £176,069 | £122,051 |
| 2002 | £179,493 | £153,340 – £213,553 | — |
| 2003 | £220,022 | £184,305 – £258,528 | — |
| 2004 | £258,877 | £212,068 – £305,674 | — |
| 2005 | £260,311 | £208,526 – £310,373 | — |
| 2006 | £272,366 | £213,403 – £328,430 | — |
| 2007 | £284,371 | £218,224 – £345,399 | — |
| 2008 | £246,103 | £185,259 – £300,521 | — |
| 2009 | £245,913 | £181,433 – £302,325 | — |
| 2010 | £254,758 | £183,841 – £315,971 | — |
| 2011 | £251,805 | £177,750 – £315,018 | — |
| 2012 | £254,378 | £175,826 – £321,111 | — |
| 2013 | £259,312 | £176,206 – £330,305 | — |
| 2014 | £273,030 | £182,735 – £350,799 | — |
| 2015 | £290,862 | £191,583 – £377,410 | — |
| 2016 | £314,728 | £204,134 – £411,304 | — |
| 2017 | £334,741 | £236,078 – £414,634 | — |
| 2018 | £358,097 | £246,153 – £448,745 | — |
| 2019 | £366,644 | £245,478 – £464,759 | — |
| 2020 | £394,563 | £257,123 – £505,856 | — |
| 2021 | £425,031 | £269,385 – £551,066 | — |
| 2022 | £471,052 | £290,139 – £617,548 | — |
| 2023 | £460,574 | £275,457 – £610,473 | — |
| 2024 | £462,093 | £268,111 – £619,171 | — |
| 2025 | £458,376 | £257,767 – £620,821 | — |
| 2026 | £456,000 | £251,000 – £622,000 | — |
Sale history
Mortgage calculator
£2,447
Estimated monthly repayment
£410,400
Loan amount
£470,656
Total interest
£881,056
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
- 484 Melton Road, Leicester, LE4 7SP£186,500 · 2014£349,000
- 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
- 474 Melton Road, Leicester, LE4 7SP£140,000 · 2008£315,000
About this property
494 Melton Road, Leicester, LE4 7SP is a semi-detached house on Melton Road in Leicester. Stede's estimated value for November 2026 is £456,000. Four in five similar homes sold within their likely range when tested; for this property that range is £251,000 to £622,000. It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 62 similar homes in the same postcode sector (25%). The confidence score is 25 out of 100 (low): estimates like this one are typically within 19% of the eventual sale price.
It last sold in June 2001 for £122,051. The current estimate is 274% higher than that price. The current owner has held it for about 25 years.
The modelled value is down 1% over the past year and up 8% over the past five years.
Among 10 nearby properties Stede tracks in the LE4 area, estimated values run from £243,000 to £349,000. This semi-detached house's £456,000 sits above that range.
Common questions
How much is 494 Melton Road, Leicester, LE4 7SP worth?
Stede estimates 494 Melton Road, Leicester, LE4 7SP is worth £456,000 as of November 2026, within a likely range of £251,000 to £622,000. 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 494 Melton Road, Leicester, LE4 7SP last sell?
It last sold in June 2001 for £122,051.
What type of property is 494 Melton Road, Leicester, LE4 7SP?
It is recorded as a Semi-detached house on Melton Road in the LE4 postcode area.
How reliable is this estimate?
The confidence score is 25 out of 100 (low). Tested against real sales of similar homes, estimates like this one are typically within 19% 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 (75%) and recent sales of 62 similar homes in the same postcode sector (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 1,827 real sales of similar homes.
- Its sale in June 2001, brought up to today with the House Price Index£508,40175%
- 62 similar homes sold recently in the same postcode sector£297,65425%
Estimate £456,000, likely £251,000 – £622,000
Read the full methodology and data sources →