Flat 316, The Exchange, 5 Lee Street, Leicester, LE1 3AJ is a leasehold flat built between 2007-2011. The property offers approximately 431 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 £53,714 , which equates to approximately £125 per square foot. It was last sold on 28 Nov 2023 for £55,000. Since then, the value has decreased by £1,286, representing a 2.3% decrease, or approximately 1.1% per year.

The current estimated value of £53,714 is:

  • 56.2% lower than the average property price on Lee Street
  • 59.5% lower than the average in the LE1 3AJ postcode area
  • and 81.8% lower than the average price for Leicester as a whole

At the most recent EPC inspection on 14 October 2021, the property was recorded as rented.

View sold house prices in LE1 3AJ

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
431 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£53,714
Price Per sq ft (estimate)
£125
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 316, The Exchange, 5 Lee Street, Leicester, LE1 3AJ has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 14 Oct 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 3 Jun 2011, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing 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).
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Full secondary glazing
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LE1 3AJ

33 rd / 34
Price Rank
60% lower than average
28 th / 33
Size Rank
16% smaller than average
19 th / 33
Price Per Sq FT Rank
52% lower than average

Compared to other properties in LE1 3AJ , this flat's estimated value ranks 33th out of 34. Based on price per square foot, it ranks 19th out of 33 properties. In terms of size, this home ranks 28th out of 33 properties in its postcode area.

Sale History

Today
£53,714
streetscan.co.uk estimate
-2 %
28 Nov 2023
£55,000
Leasehold
-18.5 %
24 Jan 2014
£67,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 463 sq ft
sale price: £85,000
sale date: 17 Dec 2024
rooms: 3
size: 377 sq ft
sale price: £100,000
sale date: 6 Mar 2023
rooms: 1
size: 388 sq ft
sale price: £106,000
sale date: 27 Feb 2019
rooms: 3
size: 495 sq ft
sale price: £125,000
sale date: 8 Feb 2019
rooms: 3
size: 484 sq ft
sale price: £100,000
sale date: 23 Jun 2017

Data Sources

The property at Flat 316, The Exchange, 5 Lee Street, Leicester, LE1 3AJ appears two times in the Land Registry records, with the latest transaction recorded on 28 Nov 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Oct 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.