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According to the public record, 16, High Street, Oakham is a period freehold house with 2,152 ft2 of internal area and sits on a 582 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, High Street, Oakham is £684,917 and the estimated rental value is £1,814 per month.
High Street, Morcott, Oakham, LE15 is located within the LE15 postal district.
16, High Street, Oakham has a single entry in the Land Registry from August 2014 and a single entry in the EPC database dated April 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 16, High Street, Oakham is in very good condition we estimate a sale value of £719,163 and a rental value of £1,905 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £636,973 and a rental value of £1,687 per month.
Over the last 12 months the sale value of 16 High Street Oakham has decreased by an estimated £18,458 (2.7%) and its rental value has increased by an estimated £25 per month (1.4%), giving an expected gross yield of 3.2%.
According to data from HM Land Registry, 16, High Street, Oakham sits on a plot of 582m2.
We have plot size data on 28 out of 42 other houses in the postcode and 16, High Street, Oakham sits on the 12th largest plot.
16, High Street, Oakham has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 23 Apr 2012.
The property is not connected to mains gas and has some secondary glazing. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 16, High Street, Oakham was last sold on 21st August 2014 for £542,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2014, the market for similar properties has risen 42.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, High Street, Oakham within a radius of 4.8 kilometres over the last 2 years.
The most recent example is 2, Wrendyke Close, Oakham, LE15 9DD, a freehold house which sold for £650,000 on the 5th November 2020.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Street, Morcott, Oakham, LE15 has a total of 85 addresses. According to our analysis of all the public data, 16, High Street, Oakham is the 24th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £305k more expensive than the average property in LE15.
The closest station to 16, High Street, Oakham is Oakham station which is 10.7 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 16, High Street, 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 16, High Street, 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 16, High Street, 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 16, High Street, 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 16, High Street, 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.