LE15 8RW is a residential postcode situated on Empingham Road, Normanton, Oakham, LE15 with 12 addresses.
It ranks as the 554th largest and 462nd 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 12 properties: 12 houses.
LE15 8RW is a residential postcode situated on Empingham Road, Normanton, Oakham, LE15 with 12 addresses.
It ranks as the 554th largest and 462nd 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 12 properties: 12 houses.
Sale prices range from £230,069 for 2 bedroom freehold houses with a garden (559 ft2) to £873,371 for 5 bedroom freehold houses with a garden (4,305 ft2) .
Monthly rental prices range from £862 pcm for 2 bed houses to £2,460 pcm for 5 bed houses.
The gross rental yield is between 3.3% and 4.9%.
The average value per square foot is £393.
The current average value in the postcode is £389,950.
The LE15 8RW Sales Market has increased by 37.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -5% | £389,950 |
| April 2025 | 0.2% | £410,266 |
| April 2024 | -1.3% | £409,582 |
| April 2023 | 6.4% | £415,063 |
| April 2022 | 9% | £390,020 |
| April 2021 | 5.4% | £357,978 |
| April 2020 | 3.5% | £339,618 |
| April 2019 | 2.2% | £328,225 |
| April 2018 | 6.6% | £321,186 |
| April 2017 | 6.3% | £301,255 |
| April 2016 | 4.9% | £283,425 |
| April 2015 | 7.4% | £270,208 |
| April 2014 | 6.9% | £251,566 |
| April 2013 | 3.6% | £235,235 |
| April 2012 | -2% | £227,028 |
| April 2011 | 1.2% | £231,559 |
| April 2010 | 3.1% | £228,745 |
| April 2009 | -13.1% | £221,785 |
| April 2008 | 2.1% | £255,322 |
| April 2007 | 0% | £250,173 |
The current average rental value in the postcode is £1,244.
The LE15 8RW Rental Market has increased by 56.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.4% | £1,244pcm |
| April 2025 | 6.9% | £1,227pcm |
| April 2024 | 3.4% | £1,148pcm |
| April 2023 | 9.4% | £1,110pcm |
| April 2022 | 8.4% | £1,014pcm |
| April 2021 | 8.7% | £936pcm |
| April 2020 | 1.8% | £861pcm |
| April 2019 | 1.2% | £846pcm |
| April 2018 | 3.5% | £836pcm |
| April 2017 | 1.5% | £808pcm |
| April 2016 | 6.1% | £796pcm |
| April 2015 | 4.1% | £751pcm |
| April 2014 | 3.4% | £721pcm |
| April 2013 | 1.3% | £697pcm |
| April 2012 | 2.8% | £688pcm |
| April 2011 | 4.6% | £670pcm |
| April 2010 | -0.6% | £640pcm |
| April 2009 | -7.6% | £644pcm |
| April 2008 | 3.7% | £697pcm |
| April 2007 | 0% | £672pcm |
LE15 8RW is the 554th largest and the 462nd most expensive postcode out of the 1,030 postcodes in the LE15 area.
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The closest station to LE15 8RW is Stamford (Lincs) station which is 8.1 kilometres away.
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According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around LE15 8RW, 51.6% of property is privately owned outright and 27.8% 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 8RW, 13.7% of residents are recorded as possessing school level qualifications and 50.4% 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 8RW, the average age was 40.8 and the most common age was 27.
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 8RW, 2.5% 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 8RW, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.