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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Empingham Road, Oakham is a period house with 656 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Empingham Road, Oakham is £287,445 and the estimated rental value is £963 per month.
Empingham Road, Normanton, Oakham, LE15 is located within the LE15 postal district.
2, Empingham Road, Oakham has no records in the the Land Registry and a single entry in the EPC database dated March 2018.
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 2, Empingham Road, Oakham is in very good condition we estimate a sale value of £301,817 and a rental value of £1,011 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £267,324 and a rental value of £896 per month.
Over the last 12 months the sale value of 2 Empingham Road Oakham has decreased by an estimated £15,916 (5.5%) and its rental value has increased by an estimated £5 per month (0.5%), giving an expected gross yield of 4%.
2, Empingham Road, Oakham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Mar 2018.
The property is not connected to mains gas and has some double glazing. It is heated using Boiler and radiators, oil.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Empingham Road, Oakham within a radius of 4.3 kilometres over the last 2 years.
The most recent example is 7, Loves Lane, Oakham, LE15 8PP, a freehold house which sold for £308,000 on the 1st February 2023.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Empingham Road, Normanton, Oakham, LE15 has a total of 12 addresses. According to our analysis of all the public data, 2, Empingham Road, Oakham is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £90k less expensive than the average property in LE15.
The closest station to 2, Empingham Road, Oakham is Stamford (Lincs) station which is 8.1 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 2, Empingham Road, Oakham, 51.6% of property is privately owned outright and 27.8% 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 2, Empingham Road, Oakham, 13.7% of residents are recorded as possessing school level qualifications and 50.4% 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 2, Empingham Road, Oakham, the average age was 40.8 and the most common age was 27.
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 2, Empingham Road, Oakham, 2.5% 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 2, Empingham Road, Oakham, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
