2, King Edwards Way
2, King Edwards Way
Description & Estimates
Public records show 2, King Edwards Way, Oakham to be a period freehold house with 1,603 ft2 of internal area, sitting on a 768 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
2, King Edwards Way, Oakham has an estimated sale value of £572,677 and an estimated rental value of £1,502 per month, assuming reasonable condition and based on the information available.
King Edwards Way, Edith Weston, Oakham, LE15 lies within the LE15 postal district.
Our Data Sources
2, King Edwards Way, Oakham has 31 entries in the Land Registry , most recently in February 2016 and a single entry in the EPC database dated July 2023.
We combine this information with that 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.
Price Range & Condition
In very good condition, we estimate 2, King Edwards Way, Oakham would be worth £601,311, with a potential rental value of £1,577 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £532,590, with a rental value of £1,396 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, King Edwards Way, Oakham has fallen by £12,415 (2.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £33 (2.2%). The property's estimated gross yield is currently 3.1%.
Plot Size
2, King Edwards Way, Oakham occupies a 768 m2 plot as recorded by HM Land Registry.
Of the 13 other houses in this postcode, 11 have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
2, King Edwards Way, Oakham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jul 2023.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, King Edwards Way, Oakham last changed hands on 4th February 2016, selling for £354,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 41.6% since February 2016.
- Sold Feb 2016£354,000
- Sold Apr 2013£300,000
- Sold Jun 1997£130,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.7 kilometres of 2, King Edwards Way, Oakham across the last 2 years.
Most recently, 3, Glebe Road, Oakham, LE15 8JU, a freehold house, sold at £599,995 on the 25th June 2021.
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, King Edwards Way, Oakham as the 3rd largest and the 6th most expensive of the 13 addresses on King Edwards Way, Edith Weston, Oakham, LE15.
Against the LE15 postcode district average, it is £192k more expensive than the typical property.
More reading links
Schools Nearby
- 400mEdith Weston Academy
- 2.0kmSt Mary and St John CofE VA Primary School
- 4.5kmEmpingham Church of England Primary School
- 8.3kmCatmose College
- 8.6kmCasterton College Rutland
- 8.8kmUppingham Community College
More reading links
Public Transport Nearby
Oakham station is the nearest stop to 2, King Edwards Way, Oakham at 8.0 kilometres away.
- 8.0kmOakham
- 10.2kmStamford (Lincs)
- 17.0kmCorby
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.
