12, Middle Street
12, Middle Street
Description & Estimates
12, Middle Street, Oakham is recorded publicly as a period freehold house across 2,647 ft2 of internal area, sitting on a 889 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 12, Middle Street, Oakham is £963,891 and its rental estimate is £2,553 per month, given the available information and assuming reasonable condition.
Middle Street, Wing, Oakham, LE15 falls within the LE15 postal district.
Our Data Sources
12, Middle Street, Oakham has 2 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated September 2020.
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.
Price Range & Condition
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 12, Middle Street, Oakham, we estimate a market value of £1,012,085 and a rental value of £2,681 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £896,418 and £2,375 per month respectively.
Recent Market Change
Over the last year, 12, Middle Street, Oakham has seen its estimated sale value decline by £25,976 (2.7%) and its estimated rental value climb by £35 per month (1.4%). This results in an estimated gross rental yield of 3.2%.
Plot Size
HM Land Registry records the plot of land for 12, Middle Street, Oakham as measuring 889 m2.
That makes it the 2nd largest plot in the postcode, where 9 of the 14 other houses have recorded plot data.
Energy Efficiency
12, Middle Street, Oakham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Sep 2020.
The property is not connected to mains gas and has full secondary glazing. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 12, Middle Street, Oakham completed on 17th December 2020 at £810,000 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 8.0% over the period since December 2020.
- Sold Dec 2020£810,000
- Sold Sep 2017£530,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 12, Middle Street, Oakham have sold within a radius of 4.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th March 2021, was 5, Ridlington Road, Oakham, LE15 9NN, a freehold house which sold for £750,000.
Read more about house prices in LE15.
- Sold Mar 2021£750,000 | 5 Bed House5, Ridlington Road, Oakham, LE15 9NN5, Ridlington Road, Oakham, LE15 9NN
- Sold Sep 2018£875,000 | 5 Bed HouseTannachie House, Top Street, Oakham, LE15 8SETannachie House, Top Street, Oakham, LE15 8SE
- Sold Dec 2014£555,000 | 5 Bed House3A, Reeves Lane, Oakham, LE15 8SD3A, Reeves Lane, Oakham, LE15 8SD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 14 addresses on Middle Street, Wing, Oakham, LE15, 12, Middle Street, Oakham comes out as the 3rd largest and the most expensive in our analysis of the public data.
It is also £583k more expensive than the average property across the LE15 district.
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Schools Nearby
- 3.8kmEdith Weston Academy
- 4.2kmUppingham Church of England Primary School
- 4.2kmSt Mary and St John CofE VA Primary School
- 5.0kmUppingham Community College
- 7.1kmCatmose College
- 12.5kmCorby Business Academy
More reading links
Public Transport Nearby
From 12, Middle Street, Oakham, the nearest station is Oakham, 6.9 kilometres away.
- 6.9kmOakham
- 14.1kmStamford (Lincs)
- 14.5kmCorby
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
