2, Main Street
2, Main Street
Description & Estimates
2, Main Street, Oakham is described in the public record as a mid-century house with 871 ft2 of internal area, sitting on a 767 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Main Street, Oakham is £950,985 and its rental estimate is £2,864 per month, given the available information and assuming reasonable condition.
Main Street, Wakerley, Oakham, LE15 falls within the LE15 postal district.
Our Data Sources
2, Main Street, Oakham has no records in the the Land Registry and a single entry in the EPC database dated October 2013.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Main Street, Oakham, we estimate a market value of £998,534 and a rental value of £3,008 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £884,416 and £2,664 per month respectively.
Recent Market Change
Over the last year, 2, Main Street, Oakham has seen its estimated sale value decrease by £33,253 (3.5%) and its estimated rental value grow by £29 per month (1.0%). This results in an estimated gross rental yield of 3.6%.
Plot Size
HM Land Registry records the plot of land for 2, Main Street, Oakham as measuring 767 m2.
That makes it the 11th largest plot in the postcode, where 15 of the 29 other houses have recorded plot data.
Energy Efficiency
2, Main Street, Oakham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Oct 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 2, Main Street, Oakham have sold within a radius of 5.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th January 2021, was 25, High Street, Stamford, PE9 3PW, a freehold house which sold for £400,000.
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
Of the 30 addresses on Main Street, Wakerley, Oakham, LE15, 2, Main Street, Oakham comes out as the 25th largest and the 17th most expensive in our analysis of the public data.
It is also £571k more expensive than the average property across the LE15 district.
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Schools Nearby
- 4.4kmSt Mary and St John CofE VA Primary School
- 5.6kmKings Cliffe Endowed Primary School
- 5.7kmKetton Church of England Primary School
- 8.7kmUppingham Community College
- 9.1kmCorby Business Academy
- 10.4kmWeldon Village Academy
More reading links
Public Transport Nearby
From 2, Main Street, Oakham, the nearest station is Stamford (Lincs), 10.4 kilometres away.
- 10.4kmStamford (Lincs)
- 12.5kmCorby
- 13.6kmOakham
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
