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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 7QBHouse Prices / East Midlands, Melton, Somerby Road
Last updated May 2026
Key Postcode Insights
LE15 7QB is a residential postcode situated on Somerby Road, Cold Overton, Oakham, LE15 with 3 addresses.
It ranks as the 103rd largest and 864th 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 3 properties: 3 houses.
3
Properties
- Houses
Key Postcode Insights
LE15 7QB is a residential postcode situated on Somerby Road, Cold Overton, Oakham, LE15 with 3 addresses.
It ranks as the 103rd largest and 864th 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 3 properties: 3 houses.
3
Properties
- Houses
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House Pricesin LE15 7QB
Sale prices range from £605,447 for 4 bedroom freehold houses with a garden (1,539 ft2) to £716,373 for 4 bedroom freehold houses with a garden (1,916 ft2) .
Monthly rental prices range from £1,608 pcm for 4 bed houses to £1,841 pcm for 4 bed houses.
The gross rental yield is between 3.1% and 3.2%.
The average value per square foot is £393.
Average Sale Value
£642,422
Average Rental Value
£1,686 pcm
Average Rental Yield
3.1% /year
Average Value Per Sqft
£393 /ft2
Sales Market Trendsin LE15 7QB
The last sale in LE15 7QB sold for £580,000 on 17th September 2021. Since then prices are up an average of 10.3%.
The current average value in the postcode is £642,422.
The LE15 7QB Sales Market has increased by 38.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.2% | £642,422 |
| April 2025 | 1% | £663,526 |
| April 2024 | 0.7% | £656,667 |
| April 2023 | 8% | £651,784 |
| April 2022 | 4.8% | £603,418 |
| April 2021 | 4.8% | £576,029 |
| April 2020 | 5.3% | £549,395 |
| April 2019 | 2.1% | £521,901 |
| April 2018 | 4.7% | £511,092 |
| April 2017 | 4.9% | £488,214 |
| April 2016 | 4.6% | £465,608 |
| April 2015 | 6.8% | £445,089 |
| April 2014 | 4.1% | £416,898 |
| April 2013 | 5.1% | £400,321 |
| April 2012 | -3.4% | £380,730 |
| April 2011 | 2.6% | £394,277 |
| April 2010 | 4.1% | £384,386 |
| April 2009 | -10.6% | £369,229 |
| April 2008 | 0% | £412,912 |
| April 2007 | 0% | £413,050 |
Rental Market Trendsin LE15 7QB
The current average rental value in the postcode is £1,686.
The LE15 7QB Rental Market has increased by 55.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £1,686pcm |
| April 2025 | 9.3% | £1,632pcm |
| April 2024 | 3.4% | £1,492pcm |
| April 2023 | 11.3% | £1,443pcm |
| April 2022 | 5.8% | £1,296pcm |
| April 2021 | 8.4% | £1,225pcm |
| April 2020 | 2.5% | £1,130pcm |
| April 2019 | 0.5% | £1,102pcm |
| April 2018 | 3.5% | £1,096pcm |
| April 2017 | -2.2% | £1,059pcm |
| April 2016 | 6.4% | £1,084pcm |
| April 2015 | 5.1% | £1,018pcm |
| April 2014 | 1.5% | £969pcm |
| April 2013 | 0.9% | £955pcm |
| April 2012 | 3.1% | £946pcm |
| April 2011 | 5.7% | £918pcm |
| April 2010 | 2.2% | £868pcm |
| April 2009 | -8.1% | £850pcm |
| April 2008 | 2.1% | £924pcm |
| April 2007 | 0% | £905pcm |
Explore Propertiesin LE15 7QB, Somerby Road, Cold Overton, Oakham, LE15
- 1, Somerby Road, Oakham, LE15 7QB4 bed period house
- 2, Somerby Road, Oakham, LE15 7QB4 bed house
- 3, Somerby Road, Oakham, LE15 7QB
Sales Historyin LE15 7QB
The last sale was on 17th September 2021 for £580,000 and since then the market in the area has increased by 10.3%. 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 Postcodesto LE15 7QB
LE15 7QB is the 103rd largest and the 864th most expensive postcode out of the 1,030 postcodes in the LE15 area.
- 175 mLE15 7QD, Cold Overton Road, Cold Overton, Oakham, LE15LE15 7QD4 Addresses
- 363 mLE15 7QA, Main Street, Cold Overton, Oakham, LE15LE15 7QA29 Addresses
- 1.2 kmLE15 8LP, Cold Overton Road, Knossington, Oakham, LE15LE15 8LP4 Addresses
- 1.2 kmLE15 7GX, Somerby Road, Cold Overton, Oakham, LE15LE15 7GX1 Addresses
- 1.2 kmLE15 7QF, Whissendine Lane, Cold Overton, Oakham, LE15LE15 7QF5 Addresses
- 1.3 kmLE15 8LS, Larchwood Rise, Knossington, Oakham, LE15LE15 8LS20 Addresses
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Property Typesin LE15 7QB
- 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 Efficiencyof properties in LE15 7QB
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The dominant rating is E.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Saleson Somerby Road
Schools Nearbyto LE15 7QB
The nearest primary school to LE15 7QB is Somerby Primary School which is 3.2 kilometres away.
- 3.2kmSomerby Primary School
- 3.7kmLangham CofE (Controlled) Primary School
- 4.6kmCatmose Primary
The nearest secondary school is Catmose College which is 4.5 kilometres away.
- 4.5kmCatmose College
- 11.0kmLong Field Spencer Academy
- 12.5kmJohn Ferneley College
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Public Transport Nearbyto LE15 7QB
The closest station to LE15 7QB is Oakham station which is 4.8 kilometres away.
- 4.8kmOakham
- 10.4kmMelton Mowbray
- 18.8kmSyston
- 21.3kmSileby
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