Flat 8 Exchange Buildings, 40 Rutland Street

    FLAT 8 EXCHANGE BUILDINGS, 40, RUTLAND STREET, LEICESTER, LE1 1RD

    This flat/maisonette leasehold property on Rutland Street last sold in February 2022 for £260,000. Based on price growth in the LE1 district since then, its estimated current value is £252,784 — placing it in the 38th percentile nationally and the 96th percentile within LE1. The property covers 129 m² (1,389 sq ft), giving an estimated value of £1,960 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,389 sq ft

    129 m²

    Last Sale Price

    £260,000

    Feb 2022

    Estimated Valuation

    £252,784

    Est. £/sq ft

    £182/sq ft

    £1,960/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,389 sq ft (129 m²)
    EPC dateJul 2019
    WallsSolid brick, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Feb 2022

    £260,000

    31 Oct 2003

    £287,500

    Key Metrics

    Estimated valuation£252,784
    Value per sq ft / m²£182/sq ft (£1,960/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LE1 district percentile96th percentile
    National percentile38th percentile

    District Context — LE1

    LE1 covers Leicester city centre and its immediately surrounding neighbourhoods, positioned at the heart of the East Midlands. The district is characterised by urban living and a significant student and young professional population.

    Average Property Price - LE1

    £137,230

    2

    National percentile

    Average Net Household Income - LE1

    £34,705

    30

    National percentile

    10-Year Annualised Price Growth - LE1

    1.5%

    5

    National percentile

    10-Year Annualised Rent Growth - LE

    4.9%

    93

    National percentile

    View full analysis for LE1

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