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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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2, Sherrard Close, Oakham is recorded publicly as a mid-century freehold house across 1,399 ft2 of internal area, sitting on a 302 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Sherrard Close, Oakham is £295,117 and its rental estimate is £1,226 per month, given the available information and assuming reasonable condition.
Sherrard Close, Whissendine, Oakham, LE15 falls within the LE15 postal district.
2, Sherrard Close, Oakham has 31 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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, Sherrard Close, Oakham, we estimate a market value of £309,873 and a rental value of £1,287 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £274,459 and £1,140 per month respectively.
Over the last year, 2, Sherrard Close, Oakham has seen its estimated sale value decline by £6,398 (2.2%) and its estimated rental value climb by £27 per month (2.2%). This results in an estimated gross rental yield of 5.0%.
HM Land Registry records the plot of land for 2, Sherrard Close, Oakham as measuring 302 m2.
That makes it the 2nd largest plot in the postcode, where 25 of the 51 other houses have recorded plot data.
2, Sherrard Close, Oakham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 2, Sherrard Close, Oakham completed on 25th June 2021 at £325,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 18.8% over the period since June 2021.
Over the past 2 years 3 properties similar to 2, Sherrard Close, Oakham have sold within a radius of 5.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th November 2024, was 31, Mill Grove, Oakham, LE15 7EY, a freehold house which sold for £324,999.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 51 addresses on Sherrard Close, Whissendine, Oakham, LE15, 2, Sherrard Close, Oakham comes out as the largest and the 2nd most expensive in our analysis of the public data.
It is also £85k less expensive than the average property across the LE15 district.
From 2, Sherrard Close, Oakham, the nearest station is Oakham, 6.4 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Sherrard Close, Oakham, 40.1% of property is privately owned outright and 33.6% is socially rented.
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, Sherrard Close, Oakham, 17.8% of residents are recorded as possessing school level qualifications and 29.7% 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, Sherrard Close, Oakham, the average age was 43.6 and the most common age was 52.
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, Sherrard Close, Oakham, 0.0% 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, Sherrard Close, Oakham, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
