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According to the public record, 15, Station Road, Oakham is a mid-century house with 979 ft2 of internal area and sits on a 879 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 15, Station Road, Oakham is £506,359 and the estimated rental value is £1,493 per month.
Station Road, Morcott, Oakham, LE15 is located within the LE15 postal district.
15, Station Road, Oakham has no records in the the Land Registry and a single entry in the EPC database dated November 2015.
We combine this information with public data 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 15, Station Road, Oakham is in very good condition we estimate a sale value of £531,676 and a rental value of £1,567 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £470,913 and a rental value of £1,388 per month.
Over the last 12 months the sale value of 15 Station Road Oakham has decreased by an estimated £17,706 (3.5%) and its rental value has increased by an estimated £15 per month (1.0%), giving an expected gross yield of 3.5%.
According to data from HM Land Registry, 15, Station Road, Oakham sits on a plot of 879m2.
We have plot size data on 12 out of 14 other houses in the postcode and 15, Station Road, Oakham sits on the 3rd largest plot.
15, Station Road, Oakham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Nov 2015.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Station Road, Oakham within a radius of 4.7 kilometres over the last 2 years.
The most recent example is 5, Back Lane, Oakham, LE15 8NQ, a freehold house which sold for £550,000 on the 17th March 2022.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Road, Morcott, Oakham, LE15 has a total of 14 addresses. According to our analysis of all the public data, 15, Station Road, Oakham is the 12th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £126k more expensive than the average property in LE15.
The closest station to 15, Station Road, Oakham is Oakham station which is 10.8 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 15, Station Road, Oakham, 45.5% of property is privately owned outright and 29.9% 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 15, Station Road, Oakham, 10.1% of residents are recorded as possessing school level qualifications and 53.5% 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 15, Station Road, Oakham, the average age was 45.8 and the most common age was 17.
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 15, Station Road, Oakham, 1.9% 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 15, Station Road, Oakham, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.