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

220

201

109

Average price achieved last 12 months

£412,743

£264,917

£231,955

£146,086

Average price change per square foot

1 year

5 years

10 years

-3.2%

8.8%

38.3%

15.1%

46.5%

2.6%

13.2%

45.7%

-0.4%

34.1%

42.9%

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?

£725

per month

How much do
houses rent for?

£1,202

per month

Rent price change

-4.1%

26.1%

Price change calculated on a rent per square foot basis