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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
LE15 6RZHouse Prices / East Midlands, Rutland, Derwent Drive
Last updated May 2026
Key Postcode Insights
LE15 6RZ is a residential postcode situated on Derwent Drive, Oakham, LE15 with 34 addresses.
It ranks as the 911th largest and 95th most expensive of the 1,030 postcodes in the LE15 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 34 properties: 16 houses and 18 flats.
34
Properties
- Houses
- Flats
Key Postcode Insights
LE15 6RZ is a residential postcode situated on Derwent Drive, Oakham, LE15 with 34 addresses.
It ranks as the 911th largest and 95th most expensive of the 1,030 postcodes in the LE15 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 34 properties: 16 houses and 18 flats.
34
Properties
- Houses
- Flats
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House Pricesin LE15 6RZ
Sale prices range from £172,299 for 2 bedroom Leasehold flats (742 ft2) to £428,011 for 4 bedroom freehold houses with a garden (1,517 ft2) .
Monthly rental prices range from £665 pcm for 2 bed flats to £1,388 pcm for 4 bed houses.
The gross rental yield is between 3.9% and 4.7%.
The average value per square foot is £232.
Average Sale Value
£241,434
Average Rental Value
£869 pcm
Average Rental Yield
4.3% /year
Average Value Per Sqft
£232 /ft2
Sales Market Trendsin LE15 6RZ
The last sale in LE15 6RZ sold for £375,000 on 6th December 2023. Since then prices are down an average of 3.2%.
The current average value in the postcode is £241,434.
The LE15 6RZ Sales Market has increased by 34.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.2% | £241,434 |
| April 2025 | 0.5% | £252,091 |
| April 2024 | 0.4% | £250,898 |
| April 2023 | 8.2% | £249,982 |
| April 2022 | 5.2% | £231,092 |
| April 2021 | 4.2% | £219,679 |
| April 2020 | 4.4% | £210,747 |
| April 2019 | 2.1% | £201,867 |
| April 2018 | 5.3% | £197,658 |
| April 2017 | 4.7% | £187,747 |
| April 2016 | 4.7% | £179,350 |
| April 2015 | 6.4% | £171,325 |
| April 2014 | 4.7% | £161,068 |
| April 2013 | 3.7% | £153,907 |
| April 2012 | -3.9% | £148,426 |
| April 2011 | 2.1% | £154,372 |
| April 2010 | 1.1% | £151,137 |
| April 2009 | -11.1% | £149,508 |
| April 2008 | 0.7% | £168,150 |
| April 2007 | 0% | £167,058 |
Rental Market Trendsin LE15 6RZ
The current average rental value in the postcode is £869.
The LE15 6RZ Rental Market has increased by 51.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.3% | £869pcm |
| April 2025 | 9.3% | £849pcm |
| April 2024 | 2.2% | £777pcm |
| April 2023 | 11.2% | £760pcm |
| April 2022 | 6.4% | £684pcm |
| April 2021 | 8.6% | £642pcm |
| April 2020 | 1.4% | £592pcm |
| April 2019 | 0.4% | £583pcm |
| April 2018 | 4.5% | £581pcm |
| April 2017 | -2.9% | £557pcm |
| April 2016 | 7% | £573pcm |
| April 2015 | 4.9% | £536pcm |
| April 2014 | 2% | £511pcm |
| April 2013 | -1.1% | £501pcm |
| April 2012 | 3.6% | £506pcm |
| April 2011 | 5.3% | £488pcm |
| April 2010 | -0.6% | £464pcm |
| April 2009 | -9.4% | £467pcm |
| April 2008 | 2.9% | £516pcm |
| April 2007 | 0% | £501pcm |
Explore Propertiesin LE15 6RZ, Derwent Drive, Oakham, LE15
- 1, Derwent Drive, Oakham, LE15 6RZ
- 3, Derwent Drive, Oakham, LE15 6RZ3 bed mid-century house
- 5, Derwent Drive, Oakham, LE15 6RZ
- 7, Derwent Drive, Oakham, LE15 6RZ4 bed mid-century house
- 9, Derwent Drive, Oakham, LE15 6RZ3 bed mid-century house
- 11, Derwent Drive, Oakham, LE15 6RZ
- 13, Derwent Drive, Oakham, LE15 6RZ3 bed mid-century house
- 15, Derwent Drive, Oakham, LE15 6RZ
- 17, Derwent Drive, Oakham, LE15 6RZ3 bed mid-century house
- 19, Derwent Drive, Oakham, LE15 6RZ2 bed mid-century flat
- 21, Derwent Drive, Oakham, LE15 6RZ2 bed mid-century flat
- 23, Derwent Drive, Oakham, LE15 6RZ2 bed mid-century flat
- 25, Derwent Drive, Oakham, LE15 6RZ
- 27, Derwent Drive, Oakham, LE15 6RZ2 bed mid-century flat
- 29, Derwent Drive, Oakham, LE15 6RZ2 bed mid-century flat
- 31, Derwent Drive, Oakham, LE15 6RZ2 bed mid-century flat
- 33, Derwent Drive, Oakham, LE15 6RZ2 bed mid-century flat
- 35, Derwent Drive, Oakham, LE15 6RZ2 bed mid-century flat
- 37, Derwent Drive, Oakham, LE15 6RZ2 bed modern flat
- 39, Derwent Drive, Oakham, LE15 6RZ2 bed mid-century flat
- 41, Derwent Drive, Oakham, LE15 6RZ2 bed modern flat
- 43, Derwent Drive, Oakham, LE15 6RZ2 bed modern flat
- 45, Derwent Drive, Oakham, LE15 6RZ2 bed mid-century flat
- 47, Derwent Drive, Oakham, LE15 6RZ2 bed mid-century flat
- 49, Derwent Drive, Oakham, LE15 6RZ
- 51, Derwent Drive, Oakham, LE15 6RZ2 bed mid-century flat
- 53, Derwent Drive, Oakham, LE15 6RZ2 bed mid-century flat
- 55, Derwent Drive, Oakham, LE15 6RZ2 bed mid-century house
- 57, Derwent Drive, Oakham, LE15 6RZ
- 59, Derwent Drive, Oakham, LE15 6RZ2 bed mid-century house
- 61, Derwent Drive, Oakham, LE15 6RZ2 bed mid-century house
- 63, Derwent Drive, Oakham, LE15 6RZ2 bed mid-century house
- 65, Derwent Drive, Oakham, LE15 6RZ
- 67, Derwent Drive, Oakham, LE15 6RZ2 bed mid-century house
Sales Historyin LE15 6RZ
The last sale was on 6th December 2023 for £375,000 and since then the market in the area has decreased by 3.2%. The postcode has had a total of 9 sales since 1995.
LE15 6RZ has seen 1 sale in the last three years and no sales in the last twelve months.
Sold Dec 2023£375,000 | 3 Bed HouseDerwent Drive3, Derwent Drive, Oakham, LE15 6RZ
Sold Sep 2021£375,000 | 3 Bed HouseDerwent Drive13, Derwent Drive, Oakham, LE15 6RZ
Sold Jun 2017£250,000 | 3 Bed HouseDerwent Drive17, Derwent Drive, Oakham, LE15 6RZ
Sold Mar 2014£190,000 | 3 Bed HouseDerwent Drive17, Derwent Drive, Oakham, LE15 6RZ
Sold Mar 2011£240,321 | 3 Bed HouseDerwent Drive3, Derwent Drive, Oakham, LE15 6RZ
Sold May 2010£217,500 | 3 Bed HouseDerwent Drive3, Derwent Drive, Oakham, LE15 6RZ
Sold Mar 2008£190,000 | 3 Bed HouseDerwent Drive17, Derwent Drive, Oakham, LE15 6RZ
Sold May 2004£160,000 | 4 Bed HouseDerwent Drive5, Derwent Drive, Oakham, LE15 6RZ
Sold Oct 1996£67,995 | 3 Bed HouseDerwent Drive3, Derwent Drive, Oakham, LE15 6RZ
Nearby Postcodesto LE15 6RZ
LE15 6RZ is the 911th largest and the 95th most expensive postcode out of the 1,030 postcodes in the LE15 area.
- 56 mLE15 6SA, Derwent Drive, Oakham, LE15LE15 6SA57 Addresses
- 75 mLE15 6DQ, Graffham Drive, Oakham, LE15LE15 6DQ55 Addresses
- 105 mLE15 6RN, The Sidings, Oakham, LE15LE15 6RN60 Addresses
- 137 mLE15 6LD, Braunston Road, Oakham, LE15LE15 6LD22 Addresses
- 140 mLE15 6HA, Willoughby Gardens, Oakham, LE15LE15 6HA22 Addresses
- 148 mLE15 6RX, Buckingham Road, Oakham, LE15LE15 6RX29 Addresses
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Property Typesin LE15 6RZ
- 3 modern flats built after 1980
- 10 mid-century houses built between 1936 and 1979
- 13 mid-century flats built between 1936 and 1979
- 8 other addresses of unknown type
- modern flat (3)
- mid-century house (10)
- mid-century flat (13)
- Unknown (8)
Energy Efficiencyof properties in LE15 6RZ
- Energy Performance Certificate (EPC) surveys conducted for 26 properties.
- The dominant rating is C.
- A (0)
- E (1)
- B (1)
- F (0)
- C (15)
- G (0)
- D (9)
- No EPC (8)
Schools Nearbyto LE15 6RZ
The nearest primary school to LE15 6RZ is Catmose Primary which is 449 metres away.
- 449mCatmose Primary
- 784mBrooke Hill Academy
- 980mEnglish Martyrs' Catholic Voluntary Academy
The nearest secondary school is Catmose College which is 626 metres away.
- 626mCatmose College
- 9.8kmUppingham Community College
- 14.6kmCasterton College Rutland
More reading links
Public Transport Nearbyto LE15 6RZ
The closest station to LE15 6RZ is Oakham station which is 500 metres away.
- 509mOakham
- 14.5kmMelton Mowbray
- 17.2kmStamford (Lincs)
- 20.2kmCorby
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