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According to the public record, 2, Southwell Way, Oakham is a modern freehold house with 1,291 ft2 of internal area and sits on a 249 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, Southwell Way, Oakham is £423,410 and the estimated rental value is £1,405 per month.
Southwell Way, Uppingham, Oakham, LE15 is located within the LE15 postal district.
2, Southwell Way, Oakham has a single entry in the Land Registry from December 2018 and a single entry in the EPC database dated October 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, Southwell Way, Oakham is in very good condition we estimate a sale value of £444,581 and a rental value of £1,475 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £393,772 and a rental value of £1,306 per month.
Over the last 12 months the sale value of 2 Southwell Way Oakham has decreased by an estimated £9,179 (2.2%) and its rental value has increased by an estimated £31 per month (2.2%), giving an expected gross yield of 4%.
According to data from HM Land Registry, 2, Southwell Way, Oakham sits on a plot of 249m2.
We have plot size data on 32 out of 39 other houses in the postcode and 2, Southwell Way, Oakham sits on the 21st largest plot.
2, Southwell Way, Oakham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Oct 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Southwell Way, Oakham was last sold on 7th December 2018 for £349,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2018, the market for similar properties has risen 36.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Southwell Way, Oakham within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 4, Southwell Way, Oakham, LE15 9EZ, a freehold house which sold for £380,000 on the 24th March 2021.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southwell Way, Uppingham, Oakham, LE15 has a total of 43 addresses. According to our analysis of all the public data, 2, Southwell Way, Oakham is the 13th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £43k more expensive than the average property in LE15.
The closest station to 2, Southwell Way, Oakham is Oakham station which is 8.9 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, Southwell Way, Oakham, % of property is and % is .
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, Southwell Way, Oakham, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Southwell Way, 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, Southwell Way, Oakham, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.