Flat 218, The Exchange, 5 Lee Street, Leicester, LE1 3AH is a leasehold flat built between 1950-1966. The property offers approximately 420 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £83,672 , which equates to approximately £199 per square foot. It was last sold on 29 Nov 2019 for £68,000. Since then, the value has increased by £15,672, representing a 23.0% increase, or approximately 3.8% per year.

The current estimated value of £83,672 is:

  • 31.8% lower than the average property price on Lee Street
  • 29.3% lower than the average in the LE1 3AH postcode area
  • and 71.6% lower than the average price for Leicester as a whole

At the most recent EPC inspection on 3 August 2022, the property was recorded as rented.

View sold house prices in LE1 3AH

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
420 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£83,672
Price Per sq ft (estimate)
£199
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 218, The Exchange, 5 Lee Street, Leicester, LE1 3AH has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 3 Aug 2022.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows have full secondary glazing.

The previous EPC assessment was conducted on 3 Jun 2011. The rating of C is unchanged, though the energy efficiency score decreased by 6.4%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from (other premises above) to (another dwelling above), with no change in energy efficiency (n/a).
  • The wall construction or insulation changed from average thermal transmittance 0.32 w/m?k to system built, as built, no insulation (assumed), changing energy efficiency from good to very poor.
  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 75% of fixed outlets, with no change in efficiency (very good).
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
System built, as built, no insulation (assumed)
Very Poor
Windows
Full secondary glazing
Good
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to LE1 3AH

57 th / 57
Price Rank
29% lower than average
37 th / 52
Size Rank
22% smaller than average
43 rd / 52
Price Per Sq FT Rank
9% lower than average

Compared to other properties in LE1 3AH , this flat's estimated value ranks 57th out of 57. Based on price per square foot, it ranks 43th out of 52 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 37th out of 52 properties in its postcode area.

Sale History

Today
£83,672
streetscan.co.uk estimate
+23 %
29 Nov 2019
£68,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 366 sq ft
sale price: £69,000
sale date: 22 Apr 2024
rooms: 1
size: 388 sq ft
sale price: £70,000
sale date: 9 Feb 2024
rooms: 2
size: 474 sq ft
sale price: £67,500
sale date: 16 Aug 2022
rooms: 3
size: 474 sq ft
sale price: £83,000
sale date: 29 Jul 2022
rooms: 2
size: 398 sq ft
sale price: £65,000
sale date: 4 Nov 2020

Data Sources

The property at Flat 218, The Exchange, 5 Lee Street, Leicester, LE1 3AH appears once in the Land Registry records, with the transaction recorded on 29 Nov 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Aug 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.