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

231

198

103

Average price achieved last 12 months

£397,120

£264,463

£226,700

£149,120

Average price change per square foot

1 year

5 years

10 years

-0.4%

15.1%

49.1%

4.3%

17.4%

52.9%

-2%

23%

47.1%

0.4%

20.6%

60.6%

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?

£799

per month

How much do
houses rent for?

£1,131

per month

Rent price change

5.6%

36.5%

Price change calculated on a rent per square foot basis