16, Shannon Way
16, Shannon Way
Description & Estimates
Public records show 16, Shannon Way, Oakham to be a mid-century freehold house with 1,065 ft2 of internal area, sitting on a 322 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
16, Shannon Way, Oakham has an estimated sale value of £295,938 and an estimated rental value of £1,227 per month, assuming reasonable condition and based on the information available.
Shannon Way, Oakham, LE15 lies within the LE15 postal district.
Our Data Sources
16, Shannon Way, Oakham has 2 entries in the Land Registry , most recently in November 2024 and a single entry in the EPC database dated November 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 16, Shannon Way, Oakham would be worth £310,735, with a potential rental value of £1,288 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £275,222, with a rental value of £1,141 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 16, Shannon Way, Oakham has decreased by £10,348 (3.5%) over the last year. During the same period, its estimated monthly rental value has grown by £13 (1.0%). The property's estimated gross yield is currently 5.0%.
Plot Size
16, Shannon Way, Oakham occupies a 322 m2 plot as recorded by HM Land Registry.
Of the 23 other houses in this postcode, 16 have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
16, Shannon Way, Oakham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Nov 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
16, Shannon Way, Oakham last changed hands on 19th November 2024, selling for £315,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 4.3% since November 2024.
- Sold Nov 2024£315,000
- Sold Jul 2016£237,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 850 metres of 16, Shannon Way, Oakham across the last 2 years.
Most recently, 12, Shannon Way, Oakham, LE15 6SY, a freehold house, sold at £260,000 on the 27th June 2025.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 16, Shannon Way, Oakham as the 9th largest and the 9th most expensive of the 23 addresses on Shannon Way, Oakham, LE15.
Against the LE15 postcode district average, it is £84k less expensive than the typical property.
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Schools Nearby
- 300mCatmose Primary
- 300mBrooke Hill Academy
- 1.6kmEnglish Martyrs' Catholic Voluntary Academy
- 1.0kmCatmose College
- 9.3kmUppingham Community College
- 15.0kmCasterton College Rutland
More reading links
Public Transport Nearby
Oakham station is the nearest stop to 16, Shannon Way, Oakham at 1.1 kilometres away.
- 1.1kmOakham
- 14.6kmMelton Mowbray
- 17.6kmStamford (Lincs)
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
