2, Pennine Drive
2, Pennine Drive
Description & Estimates
2, Pennine Drive, Oakham is described in the public record as a mid-century house with 1,410 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Pennine Drive, Oakham is £555,830 and its rental estimate is £1,523 per month, given the available information and assuming reasonable condition.
Pennine Drive, Edith Weston, Oakham, LE15 falls within the LE15 postal district.
Our Data Sources
2, Pennine Drive, Oakham has no records in the the Land Registry and a single entry in the EPC database dated September 2021.
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, Pennine Drive, Oakham, we estimate a market value of £583,622 and a rental value of £1,599 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £516,922 and £1,416 per month respectively.
Recent Market Change
Over the last year, 2, Pennine Drive, Oakham has seen its estimated sale value decrease by £12,050 (2.2%) and its estimated rental value grow by £33 per month (2.2%). This results in an estimated gross rental yield of 3.3%.
Energy Efficiency
2, Pennine Drive, Oakham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Sep 2021.
The property is 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 3 properties similar to 2, Pennine Drive, Oakham have sold within a radius of 4.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th April 2024, was 2, King Edwards Way, Oakham, LE15 8EZ, a freehold house which sold for £560,000.
Read more about house prices in LE15.
- Sold Apr 2024£560,000 | 4 Bed House2, King Edwards Way, Oakham, LE15 8EZ2, King Edwards Way, Oakham, LE15 8EZ
- Sold Mar 2021£546,000 | 4 Bed HouseChater Cottage, Glebe Road, Oakham, LE15 8JUChater Cottage, Glebe Road, Oakham, LE15 8JU
- Sold Nov 2019£450,000 | 4 Bed House15, Well Cross, Oakham, LE15 8HG15, Well Cross, Oakham, LE15 8HG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 9 addresses on Pennine Drive, Edith Weston, Oakham, LE15, 2, Pennine Drive, Oakham comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £175k more expensive than the average property across the LE15 district.
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Schools Nearby
- 900mEdith Weston Academy
- 1.8kmSt Mary and St John CofE VA Primary School
- 4.3kmEmpingham Church of England Primary School
- 8.2kmCasterton College Rutland
- 8.7kmCatmose College
- 9.1kmUppingham Community College
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Public Transport Nearby
From 2, Pennine Drive, Oakham, the nearest station is Oakham, 8.4 kilometres away.
- 8.4kmOakham
- 9.8kmStamford (Lincs)
- 17.1kmCorby
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
