Flat 405, The Exchange, 5 Lee Street, Leicester, LE1 3AJ is a leasehold flat built between 2003-2006. The property offers approximately 452 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £149,419 , which equates to approximately £331 per square foot. It was last sold on 21 May 2015 for £95,000. Since then, the value has increased by £54,419, representing a 57.3% increase, or approximately 5.4% per year.

The current estimated value of £149,419 is:

  • 21.8% higher than the average property price on Lee Street
  • 12.6% higher than the average in the LE1 3AJ postcode area
  • and 49.3% lower than the average price for Leicester as a whole

At the most recent EPC inspection on 30 June 2021, the property was recorded as rented.

View sold house prices in LE1 3AJ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
452 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£149,419
Price Per sq ft (estimate)
£331
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 405, 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 30 Jun 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. The rating of C remains the same, but the energy efficiency score improved by 5.5%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from average thermal transmittance 0.13 w/m?k to pitched, insulated (assumed), changing energy efficiency from very good to good.
  • 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).
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 50% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Roof
Pitched, insulated (assumed)
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Full secondary glazing
Good
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to LE1 3AJ

21 st / 34
Price Rank
13% higher than average
26 th / 33
Size Rank
11% smaller than average
7 th / 33
Price Per Sq FT Rank
27% higher than average

Compared to other properties in LE1 3AJ , this flat's estimated value ranks 21th out of 34. Based on price per square foot, it ranks 7th 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 26th out of 33 properties in its postcode area.

Sale History

Today
£149,419
streetscan.co.uk estimate
+57 %
21 May 2015
£95,000
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: 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 405, The Exchange, 5 Lee Street, Leicester, LE1 3AJ appears once in the Land Registry records, with the transaction recorded on 21 May 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Jun 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.