2, Derwent Avenue
2, Derwent Avenue
Description & Estimates
Public records show 2, Derwent Avenue, Oakham to be a mid-century freehold house with 839 ft2 of internal area, sitting on a 237 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Derwent Avenue, Oakham has an estimated sale value of £198,180 and an estimated rental value of £909 per month, assuming reasonable condition and based on the information available.
Derwent Avenue, Edith Weston, Oakham, LE15 lies within the LE15 postal district.
Our Data Sources
2, Derwent Avenue, Oakham has 2 entries in the Land Registry , most recently in April 2025 and a single entry in the EPC database dated August 2020.
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 2, Derwent Avenue, Oakham would be worth £208,089, with a potential rental value of £954 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £184,308, with a rental value of £845 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 2, Derwent Avenue, Oakham has fallen by £6,930 (3.5%) over the last year. During the same period, its estimated monthly rental value has moved up by £9 (1.0%). The property's estimated gross yield is currently 5.5%.
Plot Size
2, Derwent Avenue, Oakham occupies a 237 m2 plot as recorded by HM Land Registry.
Of the 15 other houses in this postcode, 9 have recorded plot sizes, and this one ranks as the 9th largest.
Energy Efficiency
2, Derwent Avenue, Oakham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Derwent Avenue, Oakham last changed hands on 9th April 2025, selling for £218,000. 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 risen by 11.0% since April 2025.
- Sold Apr 2025£218,000
- Sold Mar 2021£162,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.9 kilometres of 2, Derwent Avenue, Oakham across the last 2 years.
Most recently, 18, Derwent Avenue, Oakham, LE15 8HS, a freehold house, sold at £220,000 on the 30th June 2023.
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 2, Derwent Avenue, Oakham as the 9th largest and the 10th most expensive of the 15 addresses on Derwent Avenue, Edith Weston, Oakham, LE15.
Against the LE15 postcode district average, it is £182k less expensive than the typical property.
More reading links
Schools Nearby
- 300mEdith Weston Academy
- 2.3kmSt Mary and St John CofE VA Primary School
- 5.0kmEmpingham Church of England Primary School
- 7.7kmCatmose College
- 8.3kmUppingham Community College
- 9.2kmCasterton College Rutland
More reading links
Public Transport Nearby
Oakham station is the nearest stop to 2, Derwent Avenue, Oakham at 7.4 kilometres away.
- 7.4kmOakham
- 10.9kmStamford (Lincs)
- 16.8kmCorby
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
