Apartment 5 The Needleworks, 41 - 43 Albion Street

    APARTMENT 5 THE NEEDLEWORKS, 41 - 43, ALBION STREET, LEICESTER, LE1 6GF

    This flat/maisonette leasehold property on Albion Street last sold in November 2015 for £125,000. Based on price growth in the LE1 district since then, its estimated current value is £148,362 — placing it in the 12th percentile nationally and the 67th percentile within LE1. The property covers 74 m² (797 sq ft), giving an estimated value of £2,005 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    797 sq ft

    74 m²

    Last Sale Price

    £125,000

    Nov 2015

    Estimated Valuation

    £148,362

    Est. £/sq ft

    £186/sq ft

    £2,005/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area797 sq ft (74 m²)
    EPC dateMay 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Nov 2015

    £125,000

    26 Apr 2002

    New build

    £102,000

    Key Metrics

    Estimated valuation£148,362
    Value per sq ft / m²£186/sq ft (£2,005/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LE1 district percentile67th percentile
    National percentile12th 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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