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

227

204

107

Average price achieved last 12 months

£407,076

£264,907

£222,983

£133,085

Average price change per square foot

1 year

5 years

10 years

1.3%

13.3%

47.9%

2.8%

19%

54.8%

-4.8%

18.7%

40.4%

-15.3%

-3.3%

28.8%

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?

£794

per month

How much do
houses rent for?

£1,135

per month

Rent price change

3.3%

38.2%

Price change calculated on a rent per square foot basis