Flat 308, The Exchange, 5 Lee Street, Leicester, LE1 3AJ is a leasehold flat built between 2003-2006. The property offers approximately 635 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 £157,815 , which equates to approximately £249 per square foot. It was last sold on 20 Apr 2012 for £88,000. Since then, the value has increased by £69,815, representing a 79.3% increase, or approximately 5.8% per year.

The current estimated value of £157,815 is:

  • 27.5% higher than the average property price on Lee Street
  • 19.0% higher than the average in the LE1 3AJ postcode area
  • and 45.4% lower than the average price for Leicester as a whole

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

View sold house prices in LE1 3AJ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
635 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£157,815
Price Per sq ft (estimate)
£249
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 308, The Exchange, 5 Lee Street, Leicester, LE1 3AJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 3 May 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 2 Jun 2011. The rating of C is unchanged, though the energy efficiency score decreased by 5.1%.

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, insulated (assumed), with no change in energy efficiency (good).
  • 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
Community scheme
Good
Hot Water
Community scheme
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Full secondary glazing
Good
Lighting
No low energy lighting
Very Poor

Compared to LE1 3AJ

6 th / 34
Price Rank
19% higher than average
5 th / 33
Size Rank
25% bigger than average
26 th / 33
Price Per Sq FT Rank
5% lower than average

Compared to other properties in LE1 3AJ , this flat's estimated value ranks 6th out of 34. Based on price per square foot, it ranks 26th out of 33 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 5th out of 33 properties in its postcode area.

Sale History

Today
£157,815
streetscan.co.uk estimate
+79 %
20 Apr 2012
£88,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 635 sq ft
sale price: £100,000
sale date: 20 Mar 2015
rooms: 1
size: 635 sq ft
sale price: £93,000
sale date: 4 Dec 2014

Data Sources

The property at Flat 308, The Exchange, 5 Lee Street, Leicester, LE1 3AJ appears once in the Land Registry records, with the transaction recorded on 20 Apr 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 May 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.