Flat 321, The Exchange, 5 Lee Street, Leicester, LE1 3AJ is a leasehold flat built between 2007-2011. The property offers approximately 743 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £157,283 , which equates to approximately £212 per square foot. It was last sold on 24 Jun 2015 for £100,000. Since then, the value has increased by £57,283, representing a 57.3% increase, or approximately 5.5% per year.

The current estimated value of £157,283 is:

  • 28.3% higher than the average property price on Lee Street
  • 18.6% higher than the average in the LE1 3AJ postcode area
  • and 46.7% lower than the average price for Leicester as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as owner-occupied and once as rented, indicating a change in how it was used over time.

At the most recent EPC inspection on 13 July 2023, the property was recorded as owner-occupied.

View sold house prices in LE1 3AJ

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
743 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£157,283
Price Per sq ft (estimate)
£212
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 321, 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 13 Jul 2023.

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 1 Jun 2021, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 3.8%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from system built, as built, no insulation (assumed) to system built, as built, insulated (assumed), improving energy efficiency from very poor to 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

4 th / 34
Price Rank
19% higher than average
1 st / 33
Size Rank
46% bigger than average
31 st / 33
Price Per Sq FT Rank
19% lower than average

Compared to other properties in LE1 3AJ , this flat's estimated value ranks 4th out of 34. Based on price per square foot, it ranks 31th 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 1st out of 33 properties in its postcode area.

Sale History

Today
£157,283
streetscan.co.uk estimate
+57 %
24 Jun 2015
£100,000
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: 700 sq ft
sale price: £100,000
sale date: 9 Nov 2018
rooms: 2
size: 635 sq ft
sale price: £100,000
sale date: 20 Mar 2015
rooms: 3
size: 775 sq ft
sale price: £66,500
sale date: 19 Jul 2024
rooms: 3
size: 753 sq ft
sale price: £75,000
sale date: 15 Jul 2024

Data Sources

The property at Flat 321, The Exchange, 5 Lee Street, Leicester, LE1 3AJ appears once in the Land Registry records, with the transaction recorded on 24 Jun 2015. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Jul 2023. 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.