LE15 8JP is a residential postcode situated on Chapel Lane, North Luffenham, Oakham, LE15 with 5 addresses.
It ranks as the 239th largest and 542nd 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 5 properties: 5 houses.
LE15 8JP is a residential postcode situated on Chapel Lane, North Luffenham, Oakham, LE15 with 5 addresses.
It ranks as the 239th largest and 542nd 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 5 properties: 5 houses.
Sale prices range from £301,346 for 3 bedroom freehold houses with a garden (882 ft2) to £491,954 for 5 bedroom freehold houses with a garden (2,023 ft2) .
Monthly rental prices range from £1,152 pcm for 3 bed houses to £1,631 pcm for 5 bed houses.
The gross rental yield is between 3.9% and 4.6%.
The average value per square foot is £292.
The last sale in LE15 8JP sold for £260,000 on 12th July 2023. Since then prices are up an average of 36.4%.
The current average value in the postcode is £403,400.
The LE15 8JP Sales Market has increased by 38.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.9% | £403,400 |
| April 2025 | 0.6% | £419,961 |
| April 2024 | -1.1% | £417,468 |
| April 2023 | 6.8% | £422,003 |
| April 2022 | 7.6% | £395,175 |
| April 2021 | 5.6% | £367,316 |
| April 2020 | 4.2% | £347,942 |
| April 2019 | 1.9% | £333,930 |
| April 2018 | 6.1% | £327,835 |
| April 2017 | 5.9% | £308,997 |
| April 2016 | 5.5% | £291,767 |
| April 2015 | 6.8% | £276,460 |
| April 2014 | 6.5% | £258,935 |
| April 2013 | 3.9% | £243,117 |
| April 2012 | -2.5% | £234,104 |
| April 2011 | 1.8% | £240,012 |
| April 2010 | 3.5% | £235,760 |
| April 2009 | -12.4% | £227,875 |
| April 2008 | 1.5% | £260,047 |
| April 2007 | 0% | £256,256 |
The current average rental value in the postcode is £1,393.
The LE15 8JP Rental Market has increased by 55.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2% | £1,393pcm |
| April 2025 | 7.8% | £1,366pcm |
| April 2024 | 3.8% | £1,267pcm |
| April 2023 | 9.7% | £1,221pcm |
| April 2022 | 7.5% | £1,113pcm |
| April 2021 | 8.3% | £1,035pcm |
| April 2020 | 2% | £956pcm |
| April 2019 | 0.4% | £937pcm |
| April 2018 | 3.5% | £933pcm |
| April 2017 | 0.8% | £902pcm |
| April 2016 | 6.9% | £894pcm |
| April 2015 | 4.6% | £837pcm |
| April 2014 | 2.9% | £800pcm |
| April 2013 | 1.4% | £777pcm |
| April 2012 | 2.9% | £766pcm |
| April 2011 | 5.1% | £745pcm |
| April 2010 | 0.7% | £709pcm |
| April 2009 | -7.7% | £704pcm |
| April 2008 | 3.8% | £763pcm |
| April 2007 | 0% | £735pcm |
The last sale was on 12th July 2023 for £260,000 and since then the market in the area has increased by 36.4%. The postcode has had a total of 12 sales since 1995.
LE15 8JP has seen 1 sale in the last three years and no sales in the last twelve months.
LE15 8JP is the 239th largest and the 542nd most expensive postcode out of the 1,030 postcodes in the LE15 area.
Be the first Estate
Agent here!
The closest station to LE15 8JP is Oakham station which is 9.8 kilometres away.
Be the first Estate
Agent here!
The recent census recorded whether a resident owned or rented their home.
In the area around LE15 8JP, 40.1% of property is privately owned outright and 29.1% is privately owned with a mortgage.
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 8JP, 14.9% of residents are recorded as possessing school level qualifications and 42.0% 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 8JP, the average age was 47 and the most common age was 72.
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 8JP, 1.6% 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 8JP, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.