Flat 318, The Exchange, 5 Lee Street, Leicester, LE1 3AJ is a leasehold flat built between 1900-1929. The property offers approximately 377 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 £98,362 , which equates to approximately £261 per square foot. It was last sold on 6 Mar 2023 for £100,000. Since then, the value has decreased by £1,638, representing a 1.6% decrease, or approximately 0.6% per year.

The current estimated value of £98,362 is:

  • 19.8% lower than the average property price on Lee Street
  • 25.8% lower than the average in the LE1 3AJ postcode area
  • and 66.6% lower than the average price for Leicester as a whole

At the most recent EPC inspection on 5 July 2022, the property was recorded as owner-occupied.

View sold house prices in LE1 3AJ

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
377 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£98,362
Price Per sq ft (estimate)
£261
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 318, 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 5 Jul 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 6.3%.

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.
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 all fixed outlets
Very Good

Compared to LE1 3AJ

2 nd / 34
Price Rank
26% lower than average
33 rd / 33
Size Rank
26% smaller than average
1 st / 33
Price Per Sq FT Rank
0% same as average

Compared to other properties in LE1 3AJ , this flat's estimated value ranks 2nd out of 34. Based on price per square foot, it ranks 1st out of 33 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 33th out of 33 properties in its postcode area.

Sale History

Today
£98,362
streetscan.co.uk estimate
-2 %
6 Mar 2023
£100,000
Leasehold
+5.3 %
13 Jul 2018
£95,000
Leasehold
-3.1 %
5 Aug 2013
£98,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 431 sq ft
sale price: £55,000
sale date: 28 Nov 2023
rooms: 2
size: 431 sq ft
sale price: £95,000
sale date: 15 Jul 2015
rooms: 2
size: 398 sq ft
sale price: £88,000
sale date: 16 Mar 2012
rooms: 2
size: 366 sq ft
sale price: £69,000
sale date: 22 Apr 2024
rooms: 2
size: 398 sq ft
sale price: £65,000
sale date: 4 Nov 2020

Data Sources

The property at Flat 318, The Exchange, 5 Lee Street, Leicester, LE1 3AJ appears three times in the Land Registry records, with the latest transaction recorded on 6 Mar 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 5 Jul 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.