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

210

112

Average price achieved last 12 months

£410,342

£264,831

£230,063

£141,438

Average price change per square foot

1 year

5 years

10 years

0.5%

14.1%

45.5%

0.3%

18.3%

49.6%

1.9%

14.5%

45.6%

0.8%

18.5%

40.5%

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?

£763

per month

How much do
houses rent for?

£1,174

per month

Rent price change

0.1%

31%

Price change calculated on a rent per square foot basis