Flat 304, The Exchange, 5 Lee Street, Leicester, LE1 3AJ is a leasehold flat built between 1950-1966. The property offers approximately 592 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £104,235 , which equates to approximately £176 per square foot. It was last sold on 22 Feb 2022 for £102,500. Since then, the value has increased by £1,735, representing a 1.7% increase, or approximately 0.4% per year.

The current estimated value of £104,235 is:

  • 15.0% lower than the average property price on Lee Street
  • 21.4% lower than the average in the LE1 3AJ postcode area
  • and 64.6% 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 owner-occupied.

View sold house prices in LE1 3AJ

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
592 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£104,235
Price Per sq ft (estimate)
£176
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 304, The Exchange, 5 Lee Street, Leicester, LE1 3AJ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 2 Dec 2021.

This property uses electric room heaters as its main heating source. 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, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 24.7%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from community scheme to room heaters, electric, changing energy efficiency from good to very poor.
  • 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 updated from low energy lighting in all fixed outlets to no low energy lighting, with efficiency changing from very good to very poor.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Community scheme
Good
Walls
System built, as built, no insulation (assumed)
Very Poor
Windows
Full secondary glazing
Good
Lighting
No low energy lighting
Very Poor

Compared to LE1 3AJ

14 th / 34
Price Rank
21% lower than average
12 th / 33
Size Rank
16% bigger than average
21 st / 33
Price Per Sq FT Rank
32% lower than average

Compared to other properties in LE1 3AJ , this flat's estimated value ranks 14th out of 34. Based on price per square foot, it ranks 21th out of 33 properties. In terms of size, this home ranks 12th out of 33 properties in its postcode area.

Sale History

Today
£104,235
streetscan.co.uk estimate
+2 %
22 Feb 2022
£102,500
Leasehold
+10.2 %
4 Sep 2014
£93,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 305, The Exchange, 5 Lee Street, Leicester, LE1 3AJ
rooms: 3
size: 646 sq ft
sale price: £80,000
sale date: 1 Aug 2024
Flat 330, The Exchange, 5 Lee Street, Leicester, LE1 3AJ
rooms: 3
size: 603 sq ft
sale price: £115,000
sale date: 30 Sep 2022
Flat 311, The Exchange, 5 Lee Street, Leicester, LE1 3AJ
rooms: 3
size: 624 sq ft
sale price: £85,000
sale date: 1 Jun 2020
Flat 302, The Exchange, 5 Lee Street, Leicester, LE1 3AJ
rooms: 3
size: 581 sq ft
sale price: £110,000
sale date: 18 Mar 2020
Flat 416, The Exchange, 5 Lee Street, Leicester, LE1 3AJ
rooms: 2
size: 527 sq ft
sale price: £95,000
sale date: 9 Sep 2016

Data Sources

The property at Flat 304, The Exchange, 5 Lee Street, Leicester, LE1 3AJ appears two times in the Land Registry records, with the latest transaction recorded on 22 Feb 2022. 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.
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