Flat 226, The Exchange, 5 Lee Street, Leicester, LE1 3AH is a leasehold flat built between 1976-1982. The property offers approximately 388 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 £69,638 , which equates to approximately £180 per square foot. It was last sold on 9 Feb 2024 for £70,000. Since then, the value has decreased by £362, representing a 0.5% decrease, or approximately 0.3% per year.

The current estimated value of £69,638 is:

  • 43.2% lower than the average property price on Lee Street
  • 41.2% lower than the average in the LE1 3AH postcode area
  • and 76.4% lower than the average price for Leicester as a whole

At the most recent EPC inspection on 2 December 2021, the property was recorded as rented.

View sold house prices in LE1 3AH

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
388 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£69,638
Price Per sq ft (estimate)
£180
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 226, 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 2 Dec 2021.

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 2 Jun 2011. The rating of C remains the same, but the energy efficiency score improved by 2.6%.

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, partial insulation (assumed), changing energy efficiency from good to average.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
System built, as built, partial insulation (assumed)
Average
Windows
Full secondary glazing
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LE1 3AH

27 th / 57
Price Rank
41% lower than average
43 rd / 52
Size Rank
28% smaller than average
3 rd / 52
Price Per Sq FT Rank
18% lower than average

Compared to other properties in LE1 3AH , this flat's estimated value ranks 27th out of 57. Based on price per square foot, it ranks 3rd out of 52 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 43th out of 52 properties in its postcode area.

Sale History

Today
£69,638
streetscan.co.uk estimate
-1 %
9 Feb 2024
£70,000
Leasehold
-12.5 %
3 Apr 2012
£80,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 366 sq ft
sale price: £69,000
sale date: 22 Apr 2024
rooms: 2
size: 398 sq ft
sale price: £65,000
sale date: 4 Nov 2020
rooms: 2
size: 366 sq ft
sale price: £74,000
sale date: 11 Mar 2020
rooms: 2
size: 420 sq ft
sale price: £68,000
sale date: 29 Nov 2019
rooms: 2
size: 409 sq ft
sale price: £72,000
sale date: 17 Nov 2017

Data Sources

The property at Flat 226, The Exchange, 5 Lee Street, Leicester, LE1 3AH appears two times in the Land Registry records, with the latest transaction recorded on 9 Feb 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Dec 2021. 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.