LE15 6LT is a residential postcode situated on West Road, Oakham, LE15 with 56 addresses.
It ranks as the 1012th largest and 141st most expensive of the 1,030 postcodes in the LE15 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 56 properties: 45 houses and 11 flats.
LE15 6LT is a residential postcode situated on West Road, Oakham, LE15 with 56 addresses.
It ranks as the 1012th largest and 141st most expensive of the 1,030 postcodes in the LE15 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 56 properties: 45 houses and 11 flats.
Sale prices range from £125,910 for 2 bedroom leasehold flats (516 ft2) to £486,768 for 4 bedroom freehold houses with a garden (1,733 ft2) .
Monthly rental prices range from £628 pcm for 2 bed flats to £1,419 pcm for 4 bed houses.
The gross rental yield is between 3.3% and 6.0%.
The average value per square foot is £239.
The last sale in LE15 6LT sold for £272,000 on 22nd January 2026. Since then prices are up an average of 0.2%.
The current average value in the postcode is £223,460.
The LE15 6LT Sales Market has increased by 32.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.4% | £223,460 |
| April 2025 | 0.2% | £233,728 |
| April 2024 | 0.5% | £233,342 |
| April 2023 | 7.9% | £232,212 |
| April 2022 | 5.1% | £215,307 |
| April 2021 | 3.9% | £204,807 |
| April 2020 | 4.1% | £197,157 |
| April 2019 | 2.1% | £189,330 |
| April 2018 | 5.4% | £185,369 |
| April 2017 | 4.3% | £175,912 |
| April 2016 | 4.6% | £168,658 |
| April 2015 | 6.1% | £161,192 |
| April 2014 | 4.5% | £151,855 |
| April 2013 | 3.3% | £145,335 |
| April 2012 | -4% | £140,692 |
| April 2011 | 2.1% | £146,481 |
| April 2010 | 0.5% | £143,426 |
| April 2009 | -11.4% | £142,669 |
| April 2008 | 0.5% | £161,049 |
| April 2007 | 0% | £160,182 |
The current average rental value in the postcode is £925.
The LE15 6LT Rental Market has increased by 49.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.1% | £925pcm |
| April 2025 | 9% | £906pcm |
| April 2024 | 2.3% | £831pcm |
| April 2023 | 10.9% | £813pcm |
| April 2022 | 6.3% | £733pcm |
| April 2021 | 8.2% | £689pcm |
| April 2020 | 1.1% | £637pcm |
| April 2019 | 0.4% | £630pcm |
| April 2018 | 4.6% | £627pcm |
| April 2017 | -3.3% | £600pcm |
| April 2016 | 7% | £620pcm |
| April 2015 | 4.7% | £580pcm |
| April 2014 | 1.8% | £554pcm |
| April 2013 | -1.5% | £544pcm |
| April 2012 | 3.5% | £552pcm |
| April 2011 | 5.3% | £533pcm |
| April 2010 | -1.2% | £507pcm |
| April 2009 | -9.8% | £513pcm |
| April 2008 | 2.8% | £568pcm |
| April 2007 | 0% | £553pcm |
The last sale was on 22nd January 2026 for £272,000 and since then the market in the area has increased by 0.2%. The postcode has had a total of 144 sales since 1995.
LE15 6LT has seen 13 sales in the last three years and 3 sales in the last twelve months.
LE15 6LT is the 1012th largest and the 141st most expensive postcode out of the 1,030 postcodes in the LE15 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around LE15 6LT, 34.8% of property is socially rented and 28.0% is privately rented.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around LE15 6LT, 17.3% of residents are recorded as possessing school level qualifications and 29.8% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around LE15 6LT, the average age was 43.6 and the most common age was 52.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around LE15 6LT, 0.9% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around LE15 6LT, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.