Flat 227, 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 £146,513 , which equates to approximately £378 per square foot. It was last sold on 31 Mar 2015 for £93,000. Since then, the value has increased by £53,513, representing a 57.5% increase, or approximately 5.4% per year.

The current estimated value of £146,513 is:

  • 19.5% higher than the average property price on Lee Street
  • 23.7% higher than the average in the LE1 3AH postcode area
  • and 50.3% lower than the average price for Leicester as a whole

At the most recent EPC inspection on 22 November 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)
£146,513
Price Per sq ft (estimate)
£378
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 227, 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 22 Nov 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

21 st / 57
Price Rank
24% higher than average
41 st / 52
Size Rank
28% smaller than average
2 nd / 52
Price Per Sq FT Rank
72% higher than average

Compared to other properties in LE1 3AH , this flat's estimated value ranks 21th out of 57. Based on price per square foot, it ranks 2nd 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 41th out of 52 properties in its postcode area.

Sale History

Today
£146,513
streetscan.co.uk estimate
+58 %
31 Mar 2015
£93,000
Leasehold
+15.6 %
30 Jan 2012
£80,425
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: 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

Data Sources

The property at Flat 227, The Exchange, 5 Lee Street, Leicester, LE1 3AH appears two times in the Land Registry records, with the latest transaction recorded on 31 Mar 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Nov 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.