12, New Field Road
12, New Field Road
Description & Estimates
12, New Field Road, Oakham is recorded publicly as a mid-century freehold house across 1,636 ft2 of internal area, sitting on a 1,144 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 12, New Field Road, Oakham is £543,017 and its rental estimate is £1,413 per month, given the available information and assuming reasonable condition.
New Field Road, Exton, Oakham, LE15 falls within the LE15 postal district.
Our Data Sources
12, New Field Road, Oakham has a single entry in the Land Registry from March 2024 and a single entry in the EPC database dated August 2022.
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.
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, New Field Road, Oakham, we estimate a market value of £570,168 and a rental value of £1,484 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £505,006 and £1,314 per month respectively.
Recent Market Change
Over the last year, 12, New Field Road, Oakham has seen its estimated sale value drop by £11,772 (2.2%) and its estimated rental value rise by £31 per month (2.2%). This results in an estimated gross rental yield of 3.1%.
Plot Size
HM Land Registry records the plot of land for 12, New Field Road, Oakham as measuring 1,144 m2.
That makes it the 2nd largest plot in the postcode, where 9 of the 10 other houses have recorded plot data.
Energy Efficiency
12, New Field Road, Oakham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Aug 2022.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 12, New Field Road, Oakham completed on 22nd March 2024 at £550,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 10.4% over the period since March 2024.
- Sold Mar 2024£550,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 12, New Field Road, Oakham have sold within a radius of 4.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th August 2022, was 6, Stamford End, Oakham, LE15 8BQ, a freehold house which sold for £430,000.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 10 addresses on New Field Road, Exton, Oakham, LE15, 12, New Field Road, Oakham comes out as the 2nd largest and the 3rd most expensive in our analysis of the public data.
It is also £163k more expensive than the average property across the LE15 district.
More reading links
Schools Nearby
- 300mExton and Greetham CofE Primary School
- 3.7kmSt Nicholas Church of England Primary School
- 3.8kmEmpingham Church of England Primary School
- 7.7kmCatmose College
- 7.7kmCasterton College Rutland
- 10.6kmStamford Welland Academy
More reading links
Public Transport Nearby
From 12, New Field Road, Oakham, the nearest station is Oakham, 7.4 kilometres away.
- 7.4kmOakham
- 11.1kmStamford (Lincs)
- 18.9kmMelton Mowbray
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.
