Flat 325, The Exchange, 5 Lee Street, Leicester, LE1 3AJ is a leasehold other property built between 1967-1975. The property offers approximately 603 square feet of living space and is situated on the 3rd floor. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £119,627 , which equates to approximately £198 per square foot. It was last sold on 14 Jun 2017 for £90,000. Since then, the value has increased by £29,627, representing a 32.9% increase, or approximately 3.9% per year.

The current estimated value of £119,627 is:

  • 2.5% lower than the average property price on Lee Street
  • 9.8% lower than the average in the LE1 3AJ postcode area
  • and 59.4% lower than the average price for Leicester as a whole

At the most recent EPC inspection on 29 May 2021, the property was recorded as rented.

View sold house prices in LE1 3AJ

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
603 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£119,627
Price Per sq ft (estimate)
£198
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 325, 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 29 May 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 2 Jun 2011. The rating of C is unchanged, though the energy efficiency score decreased by 12.7%.

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 cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Full secondary glazing
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LE1 3AJ

32 nd / 34
Price Rank
10% lower than average
11 th / 33
Size Rank
18% bigger than average
32 nd / 33
Price Per Sq FT Rank
24% lower than average

Compared to other properties in LE1 3AJ , this flat's estimated value ranks 32th out of 34. Based on price per square foot, it ranks 32th 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 11th out of 33 properties in its postcode area.

Sale History

Today
£119,627
streetscan.co.uk estimate
+33 %
14 Jun 2017
£90,000
Leasehold

Area Insights

Nearby Properties

rooms: 3
size: 463 sq ft
sale price: £85,000
sale date: 17 Dec 2024
rooms: 2
size: 431 sq ft
sale price: £95,000
sale date: 15 Jul 2015
rooms: 1
size: 635 sq ft
sale price: £88,000
sale date: 20 Apr 2012
rooms: 3
size: 474 sq ft
sale price: £92,000
sale date: 20 Apr 2014
rooms: 3
size: 484 sq ft
sale price: £91,200
sale date: 23 May 2014

Data Sources

The property at Flat 325, The Exchange, 5 Lee Street, Leicester, LE1 3AJ appears once in the Land Registry records, with the transaction recorded on 14 Jun 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 May 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.