Flat 418, The Exchange, 5 Lee Street, Leicester, LE1 3AJ is a leasehold flat built between 1991-1995. The property offers approximately 388 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 £134,922 , which equates to approximately £348 per square foot. It was last sold on 27 Feb 2019 for £106,000. Since then, the value has increased by £28,922, representing a 27.3% increase, or approximately 4.0% per year.

The current estimated value of £134,922 is:

  • 10.0% higher than the average property price on Lee Street
  • 1.7% higher than the average in the LE1 3AJ postcode area
  • and 54.2% lower than the average price for Leicester as a whole

At the most recent EPC inspection on 27 April 2022, the property was recorded as rented.

View sold house prices in LE1 3AJ

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
388 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£134,922
Price Per sq ft (estimate)
£348
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 418, 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 27 Apr 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 D. Since then, the rating has improved to C, with the energy efficiency score increasing by 11.8%.

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, insulated (assumed), changing energy efficiency from very good to average.
  • 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).
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Roof
Flat, insulated (assumed)
Average
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

18 th / 34
Price Rank
2% higher than average
32 nd / 33
Size Rank
24% smaller than average
2 nd / 33
Price Per Sq FT Rank
34% higher than average

Compared to other properties in LE1 3AJ , this flat's estimated value ranks 18th out of 34. Based on price per square foot, it ranks 2nd 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 32th out of 33 properties in its postcode area.

Sale History

Today
£134,922
streetscan.co.uk estimate
+27 %
27 Feb 2019
£106,000
Leasehold
+14 %
2 Jan 2015
£93,000
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: 1
size: 388 sq ft
sale price: £75,000
sale date: 5 Jun 2014
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

Data Sources

The property at Flat 418, The Exchange, 5 Lee Street, Leicester, LE1 3AJ appears two times in the Land Registry records, with the latest transaction recorded on 27 Feb 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Apr 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.