Flat 311, The Exchange, 5 Lee Street, Leicester, LE1 3AJ is a leasehold flat built between 1950-1966. The property offers approximately 624 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 £103,793 , which equates to approximately £166 per square foot. It was last sold on 1 Jun 2020 for £85,000. Since then, the value has increased by £18,793, representing a 22.1% increase, or approximately 4.0% per year.

The current estimated value of £103,793 is:

  • 15.4% lower than the average property price on Lee Street
  • 21.8% lower than the average in the LE1 3AJ postcode area
  • and 64.8% lower than the average price for Leicester as a whole

At the most recent EPC inspection on 17 June 2022, the property was recorded as rented.

View sold house prices in LE1 3AJ

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
624 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£103,793
Price Per sq ft (estimate)
£166
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 311, 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 17 Jun 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, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 15.2%.

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 83% 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 83% of fixed outlets
Very Good

Compared to LE1 3AJ

10 th / 34
Price Rank
22% lower than average
9 th / 33
Size Rank
22% bigger than average
28 th / 33
Price Per Sq FT Rank
36% lower than average

Compared to other properties in LE1 3AJ , this flat's estimated value ranks 10th out of 34. Based on price per square foot, it ranks 28th 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 9th out of 33 properties in its postcode area.

Sale History

Today
£103,793
streetscan.co.uk estimate
+22 %
1 Jun 2020
£85,000
Leasehold
+1.2 %
15 Aug 2014
£84,000
Leasehold
-4.5 %
19 Jul 2012
£88,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 646 sq ft
sale price: £80,000
sale date: 1 Aug 2024
rooms: 3
size: 603 sq ft
sale price: £115,000
sale date: 30 Sep 2022
rooms: 3
size: 592 sq ft
sale price: £102,500
sale date: 22 Feb 2022
rooms: 3
size: 581 sq ft
sale price: £110,000
sale date: 18 Mar 2020
rooms: 3
size: 700 sq ft
sale price: £100,000
sale date: 9 Nov 2018

Data Sources

The property at Flat 311, The Exchange, 5 Lee Street, Leicester, LE1 3AJ appears three times in the Land Registry records, with the latest transaction recorded on 1 Jun 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Jun 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.