Somerby Road - LE15 7QB
Key Postcode Insights
LE15 7QB is a residential postcode situated on Somerby Road, Cold Overton, Oakham, LE15 with 3 addresses.
It ranks as the 102nd largest and 856th most expensive of the 1,030 postcodes in the LE15 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £634,577
- 10 Year change
- up 35.7%
- Ave. Rental Price
- £1,696pcm
- 10 Year change
- up 53.9%
- Ave. £ per ft²
- £389/ft²
- Ave. Gross Yield
- 3.2%/year/yr
Key Postcode Insights
LE15 7QB is a residential postcode situated on Somerby Road, Cold Overton, Oakham, LE15 with 3 addresses.
It ranks as the 102nd largest and 856th most expensive of the 1,030 postcodes in the LE15 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £634,577
- 10 Year change
- up 35.7%
- Ave. Rental Price
- £1,696pcm
- 10 Year change
- up 53.9%
- Ave. £ per ft²
- £389/ft²
- Ave. Gross Yield
- 3.2%/year/yr
Explore Propertiesin LE15 7QB
Sales Market Trends
The last sale in LE15 7QB sold for £580,000 on 17th September 2021. Since then prices are up an average of 10.0%.
The current average value in the postcode is £634,577.
The LE15 7QB Sales Market has increased by 35.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.5% | £634,577 |
| June 2025 | 1.1% | £651,077 |
| June 2024 | -0.1% | £644,244 |
| June 2023 | 5.1% | £644,651 |
| June 2022 | 6.5% | £613,458 |
| June 2021 | 5.3% | £575,832 |
| June 2020 | 4.5% | £546,684 |
| June 2019 | 1.4% | £523,046 |
| June 2018 | 5% | £515,820 |
| June 2017 | 5.1% | £491,364 |
| June 2016 | 4.1% | £467,667 |
| June 2015 | 6.2% | £449,212 |
| June 2014 | 3.7% | £423,112 |
| June 2013 | 2.5% | £408,157 |
| June 2012 | -0.5% | £398,024 |
| June 2011 | 1.7% | £400,057 |
| June 2010 | 6.6% | £393,257 |
| June 2009 | -8.6% | £369,040 |
| June 2008 | -3.4% | £403,808 |
| June 2007 | 0% | £417,835 |
Rental Market Trends
The current average rental value in the postcode is £1,696.
The LE15 7QB Rental Market has increased by 53.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £1,696pcm |
| June 2025 | 8.1% | £1,650pcm |
| June 2024 | 4.1% | £1,526pcm |
| June 2023 | 10.6% | £1,466pcm |
| June 2022 | 6.1% | £1,326pcm |
| June 2021 | 8.1% | £1,250pcm |
| June 2020 | 2.5% | £1,156pcm |
| June 2019 | 0.8% | £1,128pcm |
| June 2018 | 3.4% | £1,119pcm |
| June 2017 | -1.7% | £1,083pcm |
| June 2016 | 5.8% | £1,101pcm |
| June 2015 | 4.6% | £1,041pcm |
| June 2014 | 1.9% | £995pcm |
| June 2013 | -1.1% | £977pcm |
| June 2012 | 1.8% | £988pcm |
| June 2011 | 7.2% | £970pcm |
| June 2010 | 5.1% | £905pcm |
| June 2009 | -6.6% | £861pcm |
| June 2008 | 0% | £922pcm |
| June 2007 | 0% | £922pcm |
Sales History
The last sale was on 17th September 2021 for £580,000 and since then the market in the area has increased by 10.0%. The postcode has had a total of 1 sales since 1995.
LE15 7QB has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
LE15 7QB is the 102nd largest and the 856th most expensive postcode out of the 1,030 postcodes in the LE15 area.
- LE15 7QD, Cold Overton Road, Cold Overton, Oakham, LE15LE15 7QD4 Addresses|175 m away
- LE15 7QA, Main Street, Cold Overton, Oakham, LE15LE15 7QA29 Addresses|358 m away
- LE15 8LP, Cold Overton Road, Knossington, Oakham, LE15LE15 8LP4 Addresses|1.2 km away
- LE15 7GX, Somerby Road, Cold Overton, Oakham, LE15LE15 7GX1 Addresses|1.2 km away
- LE15 7QF, Whissendine Lane, Cold Overton, Oakham, LE15LE15 7QF5 Addresses|1.2 km away
Property Types
- 1 period house built between 1800 and 1911
- 1 house of an unknown age
- 1 other address of unknown type
- period house (1)
- house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is E.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Sales
Schools Nearby
- Somerby Primary School3.2 km away
- Langham CofE (Controlled) Primary School3.7 km away
- Catmose Primary4.6 km away
- Catmose College4.5 km away
- Long Field Spencer Academy11.0 km away
- John Ferneley College12.5 km away
More reading links
Public Transport Nearby
The closest station to LE15 7QB is Oakham station, which is 4.8 kilometres away.
- Oakham|4.8 km away
- Melton Mowbray|10.4 km away
- Syston|18.8 km away
- Sileby|21.3 km away
