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Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Hall Close, Oakham is £287,359 and the estimated rental value is £961 per month.
Hall Close, Empingham, Oakham, LE15 is located within the LE15 postal district.
1, Hall Close, Oakham has a single entry in the Land Registry from November 2018 and a single entry in the EPC database dated July 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Hall Close, Oakham is in very good condition we estimate a sale value of £301,727 and a rental value of £1,010 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £267,244 and a rental value of £894 per month.
Over the last 12 months the sale value of 1 Hall Close Oakham has decreased by an estimated £15,911 (5.5%) and its rental value has increased by an estimated £5 per month (0.5%), giving an expected gross yield of 4%.
According to data from HM Land Registry, 1, Hall Close, Oakham sits on a plot of 466m2.
We have plot size data on 7 out of 7 other houses in the postcode and 1, Hall Close, Oakham sits on the 4th largest plot.
1, Hall Close, Oakham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Jul 2018.
The property is not connected to mains gas and has full secondary glazing. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 1, Hall Close, Oakham was last sold on 9th November 2018 for £240,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2018, the market for similar properties has risen 16.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Hall Close, Oakham within a radius of 5.1 kilometres over the last 2 years.
The most recent example is 7, Loves Lane, Oakham, LE15 8PP, a freehold house which sold for £308,000 on the 1st February 2023.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hall Close, Empingham, Oakham, LE15 has a total of 7 addresses. According to our analysis of all the public data, 1, Hall Close, Oakham is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £90k less expensive than the average property in LE15.
The closest station to 1, Hall Close, Oakham is Stamford (Lincs) station which is 8.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1, Hall Close, Oakham, 51.8% of property is privately owned outright and 34.0% 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 1, Hall Close, Oakham, 13.8% of residents are recorded as possessing school level qualifications and 49.6% 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 1, Hall Close, Oakham, 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 1, Hall Close, Oakham, 2.7% 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 1, Hall Close, Oakham, 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.