The Silk Building, Newarke Street - LE1 5AH
Key Building Insights
The Silk Building, Newarke Street is a residential building situated on Newarke Street, Leicester, LE1 with 63 addresses.
It ranks as the 1693rd largest and 1164th most expensive of the 1,747 buildings in the LE1 area. The most common property type is a modern flat built after 1980.
The building contains a total of 63 properties: 63 flats.
- Ave. Sale Price
- £125,349
- 10 Year change
- up 33.9%
- Ave. Rental Price
- £860pcm
- 10 Year change
- up 46.6%
- Ave. £ per ft²
- £247/ft²
- Ave. Gross Yield
- 8.2%/year/yr
Key Building Insights
The Silk Building, Newarke Street is a residential building situated on Newarke Street, Leicester, LE1 with 63 addresses.
It ranks as the 1693rd largest and 1164th most expensive of the 1,747 buildings in the LE1 area. The most common property type is a modern flat built after 1980.
The building contains a total of 63 properties: 63 flats.
- Ave. Sale Price
- £125,349
- 10 Year change
- up 33.9%
- Ave. Rental Price
- £860pcm
- 10 Year change
- up 46.6%
- Ave. £ per ft²
- £247/ft²
- Ave. Gross Yield
- 8.2%/year/yr
Explore Propertieson Newarke Street, Leicester, LE1
- Flat 1, The Silk Building 40 Newarke Street
2 Bed Modern Flat
- Flat 3, The Silk Building 40 Newarke Street
2 Bed Modern Flat
- Flat 4, The Silk Building 50 Newarke Street
3 Bed Modern Flat
- Flat 5, The Silk Building 50 Newarke Street
2 Bed Modern Flat
Sales Market Trends
The current average value in the building is £125,349.
The The Silk Building, Newarke Street Sales Market has increased by 33.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.6% | £125,349 |
| June 2025 | -0.8% | £126,158 |
| June 2024 | 0.8% | £127,152 |
| June 2023 | 0.6% | £126,125 |
| June 2022 | 7.4% | £125,321 |
| June 2021 | 6.8% | £116,706 |
| June 2020 | 2.8% | £109,247 |
| June 2019 | 4.8% | £106,249 |
| June 2018 | 4.2% | £101,421 |
| June 2017 | 4% | £97,375 |
| June 2016 | 5.6% | £93,620 |
| June 2015 | 3.6% | £88,658 |
| June 2014 | 6% | £85,616 |
| June 2013 | 1% | £80,753 |
| June 2012 | -1.4% | £79,952 |
| June 2011 | -1.7% | £81,115 |
| June 2010 | 5.8% | £82,534 |
| June 2009 | -13.7% | £78,021 |
| June 2008 | -4.6% | £90,411 |
| June 2007 | 0% | £94,743 |
Rental Market Trends
The current average rental value in the building is £860.
The The Silk Building, Newarke Street Rental Market has increased by 46.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £860pcm |
| June 2025 | 2.5% | £830pcm |
| June 2024 | 8.4% | £809pcm |
| June 2023 | 7.8% | £747pcm |
| June 2022 | 7.9% | £693pcm |
| June 2021 | 2.1% | £642pcm |
| June 2020 | 2% | £629pcm |
| June 2019 | 2.3% | £617pcm |
| June 2018 | 1.8% | £603pcm |
| June 2017 | 1% | £592pcm |
| June 2016 | 1.6% | £587pcm |
| June 2015 | 2.5% | £577pcm |
| June 2014 | 2% | £563pcm |
| June 2013 | 0.7% | £552pcm |
| June 2012 | -1.5% | £548pcm |
| June 2011 | 3% | £557pcm |
| June 2010 | 3.2% | £540pcm |
| June 2009 | -9% | £524pcm |
| June 2008 | 1.6% | £575pcm |
| June 2007 | 0% | £566pcm |
Property Types
- 60 modern flats built after 1980
- 3 other addresses of unknown type
- modern flat (60)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 60 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (15)
- F (0)
- C (44)
- G (0)
- D (1)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Jul 2023£26,624,268 | 3 Bed FlatFlat 1, The Elfed Thomas Building 30, Newarke Street, Leicester, LE1 5AJFlat 1, The Elfed Thomas Building 30, Newarke Street, Leicester, LE1 5AJ
- Sold Mar 2015£4,250,000 | 4 Bed HouseThe Glassworks 60, Newarke Street, Leicester, LE1 5ANThe Glassworks 60, Newarke Street, Leicester, LE1 5AN
- Sold Dec 2007£250,000 | 3 Bed FlatFlat 3, Stibbe Lofts 11, Newarke Street, Leicester, LE1 5SNFlat 3, Stibbe Lofts 11, Newarke Street, Leicester, LE1 5SN
Schools Nearby
- King Richard III Infant and Nursery School800 m away
- Hazel Community Primary School900 m away
- Shaftesbury Junior School1.0 km away
- Castle Mead Academy900 m away
- Moat Community College1.1 km away
- Fullhurst Community College1.9 km away
More reading links
Public Transport Nearby
The closest station to The Silk Building, Newarke Street, Leicester, LE1 5AH is Leicester station, which is 700 metres away.
- Leicester|700 m away
- South Wigston|5.5 km away
- Syston|7.9 km away
- Narborough|8.1 km away
