Flat 5, Exchange Buildings, 40 Rutland Street, Leicester, LE1 1RD is a leasehold flat built between 1900-1929. The property offers approximately 603 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £148,912 , which equates to approximately £247 per square foot. It was last sold on 15 Jan 2013 for £86,000. Since then, the value has increased by £62,912, representing a 73.2% increase, or approximately 5.7% per year.

The current estimated value of £148,912 is:

  • 44.8% lower than the average property price on Rutland Street
  • 62.0% lower than the average in the LE1 1RD postcode area
  • and 49.5% 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 rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 10 January 2024, the property was recorded as rented.

View sold house prices in LE1 1RD

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
603 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£148,912
Price Per sq ft (estimate)
£247
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, Exchange Buildings, 40 Rutland Street, Leicester, LE1 1RD has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 10 Jan 2024.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows have full secondary glazing.

The previous EPC assessment was conducted on 13 Sep 2011. The rating of C is unchanged, though the energy efficiency score decreased by 7.5%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from solid brick, as built, insulated (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was changed from low energy lighting in 50% of fixed outlets to low energy lighting in 63% of fixed outlets, with no change in efficiency (good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Full secondary glazing
Good
Lighting
Low energy lighting in 63% of fixed outlets
Good

Compared to LE1 1RD

11 th / 11
Price Rank
62% lower than average
7 th / 9
Size Rank
48% smaller than average
7 th / 9
Price Per Sq FT Rank
27% lower than average

Compared to other properties in LE1 1RD , this flat's estimated value ranks 11th out of 11. Based on price per square foot, it ranks 7th out of 9 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 7th out of 9 properties in its postcode area.

Sale History

Today
£148,912
streetscan.co.uk estimate
+73 %
15 Jan 2013
£86,000
Leasehold
-26.5 %
26 Apr 2006
£117,000
Leasehold
+588.2 %
31 Dec 2002
£17,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 614 sq ft
sale price: £128,000
sale date: 20 Mar 2019
rooms: 2
size: 560 sq ft
sale price: £110,000
sale date: 9 Jan 2004
rooms: 3
size: 646 sq ft
sale price: £124,000
sale date: 18 Dec 2024
rooms: 2
size: 624 sq ft
sale price: £70,000
sale date: 26 Jul 2024
rooms: 3
size: 614 sq ft
sale price: £74,000
sale date: 24 Jul 2024

Data Sources

The property at Flat 5, Exchange Buildings, 40 Rutland Street, Leicester, LE1 1RD appears three times in the Land Registry records, with the latest transaction recorded on 15 Jan 2013. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Jan 2024. 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.