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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, Luffenham Road, Oakham is a period house with 1,356 ft2 of internal area and sits on a 604 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Luffenham Road, Oakham is £848,548 and the estimated rental value is £2,358 per month.
Luffenham Road, Morcott, Oakham, LE15 is located within the LE15 postal district.
2, Luffenham Road, Oakham has no recent1 records in the the Land Registry and a single entry in the EPC database dated December 2014.
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, Luffenham Road, Oakham is in very good condition we estimate a sale value of £890,975 and a rental value of £2,476 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £789,150 and a rental value of £2,193 per month.
Over the last 12 months the sale value of 2 Luffenham Road Oakham has decreased by an estimated £23,486 (2.8%) and its rental value has increased by an estimated £69 per month (2.9%), giving an expected gross yield of 3.3%.
According to data from HM Land Registry, 2, Luffenham Road, Oakham sits on a plot of 604m2.
We have plot size data on 5 out of 6 other houses in the postcode and 2, Luffenham Road, Oakham sits on the 4th largest plot.
2, Luffenham Road, Oakham has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 17 Dec 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 2, Luffenham Road, Oakham was last sold on 22nd December 1997 for £65,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Luffenham Road, Oakham within a radius of 4.7 kilometres over the last 2 years.
The most recent example is 11, Wheel Lane, Oakham, LE15 8ER, a freehold house which sold for £430,000 on the 17th June 2019.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Luffenham Road, Morcott, Oakham, LE15 has a total of 6 addresses. According to our analysis of all the public data, 2, Luffenham Road, Oakham is the 6th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £471k more expensive than the average property in LE15.
The closest station to 2, Luffenham Road, Oakham is Oakham station which is 10.1 kilometres away.
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, Luffenham Road, 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 2, Luffenham Road, 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 2, Luffenham Road, 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 2, Luffenham Road, 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 2, Luffenham Road, 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.
