A complete guide to property investment in Melton Mowbray.
Last updated: 26 June 2026
Melton Mowbray offers investors a blend of steady demand and affordability. The town’s property market is characterised by a balanced mix of owner-occupied and private rented homes, with both sitting around the midpoint compared to other areas in Britain. The current median price per square foot of £259 per sq ft and price-to-income ratio of 4.8 suggest homes here are accessible to a broad range of buyers. Liquidity seems reasonable, with properties spending an average of 49 days on the market and annual sales of 438.
Rental yields are appealing, with an average of 4.8% and the top postcode district also delivering 4.8%, making the area attractive for buy-to-let investors seeking stable returns.
Median price per sq ft
£259 / sq ft
Average rental yield
4.8%
Capital growth (1y)
-6.0%
Sales in past year
438
* Property stats calculated for last full calendar year (2024).
Live prices in Melton Mowbray, East Midlands
* Extreme prices clipped for legibility
Median price
£278,498
25% of properties below...
£210,000
75% of properties below...
£390,000
Most expensive property
£1,750,000
Live listings
312
Median days on market
49
Looking ahead, Melton Mowbray’s housing market appears to offer steady, if unspectacular, prospects for investors. The annualised growth over three years of 1.6% shows modest appreciation, suggesting a stable environment rather than rapid gains. Investors focused on income rather than short-term capital growth may find the current conditions appealing, especially given the median asking rent for a 3-bedroom house at £1,125 and a 2-bedroom flat at £765.
While recent capital values have changed by -6.0% over one year, the longer-term picture is more reassuring, with three-year growth at 5.0%. In summary, Melton Mowbray is unlikely to deliver dramatic returns, but it offers a balanced proposition for investors seeking a mix of affordability, liquidity, and rental income.
Average yield (%)
Median price per sq ft (£/sq ft)
Investment properties in Melton Mowbray, East Midlands

£150,000 - Offers Over
3 bedroom terraced house for sale
Blakeney Crescent, Leicester, LE13

£200,000 - Guide Price
2 bedroom bungalow for sale
Redwood Avenue, Melton Mowbray, Lei...

£200,000
3 bedroom terraced house for sale
Albert Street, Melton Mowbray, Leic...

£60,000 - Guide Price
2 bedroom apartment for sale
High Street, The George Hotel

£140,000 - Offers Over
2 bedroom detached house for sale
Welby Lane, Melton Mowbray, Leicest...

£175,000 - Guide Price
4 bedroom semi-detached house for sale
Kennet Way, Melton Mowbray
On average, properties sell slightly below asking; careful comp analysis is key.
• Median discount: £2,500
• 1 in 4 properties sell at > £5,000 below asking
• 1 in 10 properties sell at > £11,000 below asking
In percentage terms:
• Median discount of 1.2%
• 25% of properties discounted by > 2.6%
• 10% of properties discounted by > 4.7%
Top postcodes for rental yield and (annualised) capital growth
GeoGlider calculates property investment stats by blending official and proprietary datasets. Here's a quick overview of key sources and how we use them:
HM Land Registry: Property transaction and sold-price records for England & Wales used to calculate historical capital growth, price levels and comparables.
Office for National Statistics (ONS): Demographic and economic indicators for the UK, including Census 2021, supporting area profiling and market context.
Ordnance Survey: Authoritative UK geospatial data powering accurate boundaries, roads and terrain for mapping and spatial analysis.
GeoProp: Our proprietary AI pipeline that processes millions of property listings to extract rich features and live market signals.
Department for Levelling Up, Housing & Communities: Energy Performance Certificate (EPC) scores and property floor areas.
HM Revenue & Customs (HMRC): Household income and employment data to understand local affordability and economic conditions.
Data is updated continuously, matched across sources and rigorously validated.