Flat 403, The Exchange, 5 Lee Street, Leicester, LE1 3AJ is a leasehold flat built between 1967-1975. The property offers approximately 484 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 £132,918 , which equates to approximately £274 per square foot. It was last sold on 23 Jun 2017 for £100,000. Since then, the value has increased by £32,918, representing a 32.9% increase, or approximately 3.9% per year.

The current estimated value of £132,918 is:

  • 8.4% higher than the average property price on Lee Street
  • 0.2% higher than the average in the LE1 3AJ postcode area
  • and 54.9% lower than the average price for Leicester as a whole

At the most recent EPC inspection on 25 July 2022, 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
484 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£132,918
Price Per sq ft (estimate)
£274
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 403, 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 25 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 3 Jun 2011, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 15.1%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from average thermal transmittance 0.13 w/m?k to flat, limited insulation (assumed), changing energy efficiency from very good to very poor.
  • 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 updated from low energy lighting in all fixed outlets to low energy lighting in 57% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Roof
Flat, limited insulation (assumed)
Very Poor
Walls
System built, as built, no insulation (assumed)
Very Poor
Windows
Full secondary glazing
Good
Lighting
Low energy lighting in 57% of fixed outlets
Good

Compared to LE1 3AJ

25 th / 34
Price Rank
0% same as average
16 th / 33
Size Rank
5% smaller than average
17 th / 33
Price Per Sq FT Rank
5% higher than average

Compared to other properties in LE1 3AJ , this flat's estimated value ranks 25th out of 34. Based on price per square foot, it ranks 17th out of 33 properties. In terms of size, this home ranks 16th out of 33 properties in its postcode area.

Sale History

Today
£132,918
streetscan.co.uk estimate
+33 %
23 Jun 2017
£100,000
Leasehold
+7.5 %
20 Feb 2015
£93,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 463 sq ft
sale price: £85,000
sale date: 17 Dec 2024
rooms: 2
size: 431 sq ft
sale price: £55,000
sale date: 28 Nov 2023
rooms: 3
size: 495 sq ft
sale price: £125,000
sale date: 8 Feb 2019
rooms: 2
size: 527 sq ft
sale price: £95,000
sale date: 9 Sep 2016
rooms: 2
size: 484 sq ft
sale price: £90,000
sale date: 30 Mar 2016

Data Sources

The property at Flat 403, The Exchange, 5 Lee Street, Leicester, LE1 3AJ appears two times in the Land Registry records, with the latest transaction recorded on 23 Jun 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 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.