Melton vs South Kesteven: buying or renting a home
A typical terraced house costs £12,000 (7%) more in South Kesteven than in Melton. Measured against local pay, buying is about equally hard in both.
At a glance
| Melton | South Kesteven | |
|---|---|---|
| Buying a home | Fairly affordable | Fairly affordable |
| Renting a home | Fairly affordable | Fairly affordable |
| Recorded crime | Low | Low |
Buying rates the typical price of all homes against median pay; renting rates a year of average rent against median pay; crime rates recorded crime per resident against the England and Wales average.
What the numbers say
Median full-time pay in South Kesteven (£34,922) is 3% higher than in Melton (£33,900), while a typical terraced house costs 7% more (£195,000 against £183,000).
Buying a terraced house takes 5.4× annual pay in Melton and 5.6× in South Kesteven. Renting one takes 27% of pay in Melton and 28% in South Kesteven. Renting is harder in South Kesteven; buying is about the same.
Across all property types and measured against pay, Melton is around the middle of 316 areas (146th most expensive) to buy in, and South Kesteven is around the middle of 316 areas (160th most expensive). For renting against pay, Melton is the 95th least expensive of 316 areas and South Kesteven is the 108th least expensive of 316 areas.
Someone on £40,000 in Melton would need about £42,500 in South Kesteven to be equally placed to buy a terraced house, and about £43,500 to be equally placed to rent one. Keeping the same pay after a move to South Kesteven would leave you worse placed to buy. These figures compare housing costs only; they ignore other living costs and the pay you could earn in a new job.
Police recorded 56.8 crimes per 1,000 residents in Melton and 52.9 in South Kesteven, so recorded crime per resident is 7% lower in South Kesteven. The biggest difference is in criminal damage and arson: 6.3 per 1,000 in Melton against 5.2 in South Kesteven.
Can a typical earner buy?
| Terraced house | Melton | South Kesteven |
|---|---|---|
| Median full-time pay | £33,900 | £34,922 |
| House price ÷ pay | 5.4× | 5.6× |
| Median pay as a share of income typically needed to buy | 93% | 90% |
| Rent a year as a share of median pay | 27% | 28% |
Buying, by property type
| Type | Melton | South Kesteven | Difference |
|---|---|---|---|
| Detached | £377,500 | £350,000 | -7% in South Kesteven |
| Semi-detached | £235,000 | £228,000 | -3% in South Kesteven |
| Terraced | £183,000 | £195,000 | +7% in South Kesteven |
Renting, by property type
| Type (average rent a month) | Melton | South Kesteven | Difference |
|---|---|---|---|
| Detached | £1,099 | £1,106 | +1% in South Kesteven |
| Semi-detached | £839 | £886 | +6% in South Kesteven |
| Terraced | £759 | £829 | +9% in South Kesteven |
Crime
Police recorded 56.8 crimes per 1,000 residents in Melton and 52.9 in South Kesteven, so recorded crime per resident is 7% lower in South Kesteven.
| Police recorded crime per 1,000 residents | Melton | South Kesteven | Difference |
|---|---|---|---|
| All recorded crime (excluding fraud) | 56.8 | 52.9 | -7% in South Kesteven |
| Violence against the person | 22.1 | 21.4 | -3% in South Kesteven |
| Sexual offences | 2.8 | 2.8 | +1% in South Kesteven |
| Robbery | 0.2 | 0.4 | +144% in South Kesteven |
| Residential burglary (per 1,000 households) | 3.1 | 3.0 | -5% in South Kesteven |
| Vehicle offences | 2.7 | 3.0 | +11% in South Kesteven |
| Theft from the person | 0.3 | 0.1 | -71% in South Kesteven |
| Criminal damage and arson | 6.3 | 5.2 | -17% in South Kesteven |
Rates use resident population, so city centres and student areas show higher crime per resident than residents experience. Recorded crime also depends on reporting and police recording practice.
How prices have changed in each area
Average house price for all property types, indexed so that 2005 is 100. A line at 200 means prices have doubled.
Show the figures
| Year | Melton | South Kesteven |
|---|---|---|
| 2005 | 100 | 100 |
| 2006 | 104 | 107 |
| 2007 | 116 | 115 |
| 2008 | 109 | 111 |
| 2009 | 98 | 97 |
| 2010 | 103 | 102 |
| 2011 | 104 | 102 |
| 2012 | 106 | 103 |
| 2013 | 105 | 105 |
| 2014 | 112 | 108 |
| 2015 | 118 | 116 |
| 2016 | 125 | 124 |
| 2017 | 133 | 132 |
| 2018 | 138 | 140 |
| 2019 | 140 | 141 |
| 2020 | 143 | 143 |
| 2021 | 154 | 155 |
| 2022 | 163 | 172 |
| 2023 | 166 | 174 |
| 2024 | 160 | 172 |
| 2025 | 175 | 175 |
| 12 months to July 2026 | 176 | 176 |
In 2005 the average home cost £164,205 in Melton and £145,803 in South Kesteven. Now it is £288,548 and £255,903: Melton is up 76% and South Kesteven is up 76%.
Buying a home against local pay, over time
Average house price divided by median full-time pay. Higher means harder to afford.
Show the figures
| Year | Melton | South Kesteven |
|---|---|---|
| 2005 | 6.6 years of pay | 6.4 years of pay |
| 2010 | 6.9 years of pay | 5.9 years of pay |
| 2015 | – | 6.8 years of pay |
| 2020 | 8.5 years of pay | 7.6 years of pay |
| 2025 | 8.5 years of pay | 7.3 years of pay |
In 2005 a home cost 6.6 years of pay in Melton and 6.4 years in South Kesteven. In 2025 it was 8.5 years and 7.3 years.
Affordability has worsened more in Melton over that time.
How rents have changed in each area
Average monthly rent for all property types, indexed so that 2015 is 100.
Show the figures
| Year | Melton | South Kesteven |
|---|---|---|
| 2015 | 100 | 100 |
| 2016 | 101 | 102 |
| 2017 | 102 | 105 |
| 2018 | 104 | 109 |
| 2019 | 107 | 113 |
| 2020 | 112 | 118 |
| 2021 | 113 | 118 |
| 2022 | 119 | 118 |
| 2023 | 122 | 127 |
| 2024 | 132 | 140 |
| 2025 | 141 | 147 |
| August 2026 | 151 | 150 |
In 2015 the average rent was £535 a month in Melton and £564 in South Kesteven. Now it is £806 and £845: up 51% in Melton and up 50% in South Kesteven.
What your salary is worth in each area
Salary needed to afford the same kind of home (terraced), going by median prices and average rents.
Moving from Melton to South Kesteven
| Earning in Melton | Equivalent to buy in South Kesteven | Equivalent to rent in South Kesteven |
|---|---|---|
| £30,000 | £32,000 | £33,000 |
| £40,000 | £42,500 | £43,500 |
| £50,000 | £53,500 | £54,500 |
| £60,000 | £64,000 | £65,500 |
Moving from South Kesteven to Melton
| Earning in South Kesteven | Equivalent to buy in Melton | Equivalent to rent in Melton |
|---|---|---|
| £30,000 | £28,000 | £27,500 |
| £40,000 | £37,500 | £36,500 |
| £50,000 | £47,000 | £46,000 |
| £60,000 | £56,500 | £55,000 |