What’s happening in the LE8 market?

Sales numbers and house prices in LE8

By property type

Detached

Semi-detached

Terraced

Flat/Apartment

Number of sales last 12 months

235

200

114

Average price achieved last 12 months

£412,102

£260,826

£226,274

£141,062

Average price change per square foot

1 year

5 years

10 years

-2%

10.6%

41.8%

-1.8%

15.1%

45.9%

3.6%

13.8%

46.8%

-1.9%

27.2%

42.5%

Resident profile

Who lives here?

One person

27%

Couple

18%

Family

39%

Sharer

17%

Renting in LE8

% of households
in the PRS*

11%

*Private rented sector

Average age
of renters

years

How much do
flats rent for?

£748

per month

How much do
houses rent for?

£1,180

per month

Rent price change

-2.2%

28.5%

Price change calculated on a rent per square foot basis