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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
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11, Fairfield Close, Oakham is recorded publicly as a mid-century freehold house across 1,453 ft2 of internal area, sitting on a 771 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 11, Fairfield Close, Oakham is £439,793 and its rental estimate is £1,395 per month, given the available information and assuming reasonable condition.
Fairfield Close, Langham, Oakham, LE15 falls within the LE15 postal district.
11, Fairfield Close, Oakham has 21 entries in the Land Registry , most recently in January 2018 and a single entry in the EPC database dated August 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 11, Fairfield Close, Oakham, we estimate a market value of £461,783 and a rental value of £1,465 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £409,008 and £1,298 per month respectively.
Over the last year, 11, Fairfield Close, Oakham has seen its estimated sale value decline by £9,534 (2.2%) and its estimated rental value climb by £30 per month (2.2%). This results in an estimated gross rental yield of 3.8%.
HM Land Registry records the plot of land for 11, Fairfield Close, Oakham as measuring 771 m2.
That makes it the 3rd largest plot in the postcode, where all 18 other houses have recorded plot data.
11, Fairfield Close, Oakham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Aug 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 11, Fairfield Close, Oakham completed on 19th January 2018 at £380,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 30.2% over the period since January 2018.
Over the past 2 years 3 properties similar to 11, Fairfield Close, Oakham have sold within a radius of 2.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th October 2023, was 1, Fairfield Close, Oakham, LE15 7JQ, a freehold house which sold for £445,000.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 18 addresses on Fairfield Close, Langham, Oakham, LE15, 11, Fairfield Close, Oakham comes out as the 2nd largest and the 4th most expensive in our analysis of the public data.
It is also £59k more expensive than the average property across the LE15 district.
From 11, Fairfield Close, Oakham, the nearest station is Oakham, 2.5 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated medium, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 11, Fairfield Close, Oakham, 55.1% of property is privately owned outright and 32.3% 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 11, Fairfield Close, Oakham, 15.2% of residents are recorded as possessing school level qualifications and 40.4% 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 11, Fairfield Close, Oakham, the average age was 43.6 and the most common age was 52.
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 11, Fairfield Close, Oakham, 0.6% 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 11, Fairfield Close, Oakham, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
