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

242

225

124

Average price achieved last 12 months

£411,853

£267,361

£221,362

£134,656

Average price change per square foot

1 year

5 years

10 years

1.4%

14.8%

48%

0.5%

18.8%

51.5%

-3.1%

13.2%

42.2%

-4.8%

7.3%

39.1%

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?

£762

per month

How much do
houses rent for?

£1,180

per month

Rent price change

1.2%

33.8%

Price change calculated on a rent per square foot basis