Derwent Drive - LE15 6RZ
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 65th most expensive of the 1,030 postcodes in the LE15 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 34 properties: 11 houses, 16 flats and 7 other properties.
- Ave. Sale Price
- £229,566
- 10 Year change
- up 35.0%
- Ave. Rental Price
- £856pcm
- 10 Year change
- up 51.8%
- Ave. £ per ft²
- £210/ft²
- Ave. Gross Yield
- 4.5%/year/yr
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 65th most expensive of the 1,030 postcodes in the LE15 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 34 properties: 11 houses, 16 flats and 7 other properties.
- Ave. Sale Price
- £229,566
- 10 Year change
- up 35.0%
- Ave. Rental Price
- £856pcm
- 10 Year change
- up 51.8%
- Ave. £ per ft²
- £210/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Properties in LE15 6RZ
- 1 Derwent Drive
House
- 3 Derwent Drive
4 Bed Mid-century House
- 5 Derwent Drive
House
- 7 Derwent Drive
4 Bed Mid-century House
- 9 Derwent Drive
3 Bed Mid-century House
Sales Market Trends
The last sale in LE15 6RZ sold for £375,000 on 6th December 2023. Since then prices are down an average of 2.5%.
The current average value in the postcode is £229,566.
The LE15 6RZ Sales Market has increased by 35.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3% | £229,566 |
| June 2025 | 0.1% | £236,650 |
| June 2024 | -0.2% | £236,379 |
| June 2023 | 5.8% | £236,852 |
| June 2022 | 6.9% | £223,840 |
| June 2021 | 4.8% | £209,369 |
| June 2020 | 4.5% | £199,780 |
| June 2019 | 1.3% | £191,101 |
| June 2018 | 5.1% | £188,661 |
| June 2017 | 5.6% | £179,468 |
| June 2016 | 3.5% | £170,024 |
| June 2015 | 6.2% | £164,278 |
| June 2014 | 4% | £154,699 |
| June 2013 | 3% | £148,726 |
| June 2012 | -1% | £144,376 |
| June 2011 | 1.4% | £145,882 |
| June 2010 | 2% | £143,908 |
| June 2009 | -10.7% | £141,066 |
| June 2008 | -1.5% | £157,973 |
| June 2007 | 0% | £160,341 |
Rental Market Trends
The current average rental value in the postcode is £856.
The LE15 6RZ Rental Market has increased by 51.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £856pcm |
| June 2025 | 7.7% | £836pcm |
| June 2024 | 3.2% | £776pcm |
| June 2023 | 10.9% | £752pcm |
| June 2022 | 6.6% | £678pcm |
| June 2021 | 8.7% | £637pcm |
| June 2020 | 2.4% | £586pcm |
| June 2019 | 0% | £572pcm |
| June 2018 | 4.3% | £572pcm |
| June 2017 | -2.7% | £549pcm |
| June 2016 | 6.7% | £564pcm |
| June 2015 | 5.1% | £529pcm |
| June 2014 | 2% | £503pcm |
| June 2013 | -1.3% | £493pcm |
| June 2012 | 1.9% | £500pcm |
| June 2011 | 7.9% | £491pcm |
| June 2010 | 0.6% | £455pcm |
| June 2009 | -9.8% | £452pcm |
| June 2008 | 1.7% | £501pcm |
| June 2007 | 0% | £493pcm |
Sales History
The last recorded sale was on 6th December 2023 for £375,000 and since then the market in the area has decreased by 2.5%.
LE15 6RZ has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Dec 2023£375,000 | 4 Bed House3, Derwent Drive, Oakham, LE15 6RZ3, Derwent Drive, Oakham, LE15 6RZ
- Sold Sep 2021£375,000 | 4 Bed House13, Derwent Drive, Oakham, LE15 6RZ13, Derwent Drive, Oakham, LE15 6RZ
- Sold Jun 2017£250,000 | 3 Bed House17, Derwent Drive, Oakham, LE15 6RZ17, Derwent Drive, Oakham, LE15 6RZ
Nearby Postcodes
LE15 6RZ is the 911th largest and the 65th most expensive postcode out of the 1,030 postcodes in the LE15 area.
- LE15 6SA, Derwent Drive, Oakham, LE15LE15 6SA57 Addresses|56 m away
- LE15 6DQ, Graffham Drive, Oakham, LE15LE15 6DQ55 Addresses|75 m away
- LE15 6RN, The Sidings, Oakham, LE15LE15 6RN60 Addresses|105 m away
- LE15 6LD, Braunston Road, Knossington, Oakham, LE15LE15 6LD22 Addresses|137 m away
- LE15 6HA, Willoughby Gardens, Oakham, LE15LE15 6HA22 Addresses|140 m away
Property Types
- 3 modern flats built after 1980
- 11 mid-century houses built between 1936 and 1979
- 13 mid-century flats built between 1936 and 1979
- 7 other addresses of unknown type
- modern flat (3)
- mid-century house (11)
- mid-century flat (13)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 27 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (1)
- F (0)
- C (16)
- G (0)
- D (9)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Sep 2021£375,000 | 4 Bed House13, Derwent Drive, Oakham, LE15 6RZ13, Derwent Drive, Oakham, LE15 6RZ
- Sold Dec 2023£375,000 | 4 Bed House3, Derwent Drive, Oakham, LE15 6RZ3, Derwent Drive, Oakham, LE15 6RZ
- Sold Dec 2020£345,000 | 3 Bed House2, Derwent Drive, Oakham, LE15 6SA2, Derwent Drive, Oakham, LE15 6SA
Schools Nearby
- Catmose Primary400 m away
- Brooke Hill Academy800 m away
- English Martyrs' Catholic Voluntary Academy1.0 km away
- Catmose College600 m away
- Uppingham Community College9.8 km away
- Casterton College Rutland14.6 km away
More reading links
Public Transport Nearby
The closest station to LE15 6RZ is Oakham station, which is 500 metres away.
- Oakham|500 m away
- Melton Mowbray|14.5 km away
- Stamford (Lincs)|17.2 km away
- Corby|20.2 km away
