A picturesque market town in the East Midlands has recorded one of the steepest hikes in house price growth nationwide over the last 12 months. Melton Mowbray, home of pork pies and stilton cheese, is among the areas that have bucked muted overall price growth this year, with average prices climbing by 10.5%. Market analysis by eXp UK shows that overall house prices rising by 1.7% is linked to “strong upward momentum in unexpected corners of the country”, with North East Derbyshire clocking in just above Melton with a 10.5% spike.
This comes in spite of “a muted year overshadowed by economic and political uncertainty”. Property prices in Melton, which has been dubbed the “rural capital of food” and a “quintessentially English” market town, averaged £265,376 in the year to October 2024, rising to £292,951 in the year to October 2025.
