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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, Spinney Hill, Oakham is a modern freehold house with 1,883 ft2 of internal area and sits on a 488 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, Spinney Hill, Oakham is £732,981 and the estimated rental value is £1,883 per month.
Spinney Hill, Oakham, LE15 is located within the LE15 postal district.
2, Spinney Hill, Oakham has a single entry in the Land Registry from April 2017 and a single entry in the EPC database dated October 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Spinney Hill, Oakham is in very good condition we estimate a sale value of £769,630 and a rental value of £1,977 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £681,672 and a rental value of £1,751 per month.
Over the last 12 months the sale value of 2 Spinney Hill Oakham has decreased by an estimated £20,287 (2.8%) and its rental value has increased by an estimated £55 per month (2.9%), giving an expected gross yield of 3.1%.
According to data from HM Land Registry, 2, Spinney Hill, Oakham sits on a plot of 488m2.
We have plot size data on 55 out of 72 other houses in the postcode and 2, Spinney Hill, Oakham sits on the 6th largest plot.
2, Spinney Hill, Oakham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Oct 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
According to HM Land Registry, 2, Spinney Hill, Oakham was last sold on 21st April 2017 for £555,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2017, the market for similar properties has risen 21.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Spinney Hill, Oakham within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 1, Grove Close, Oakham, LE15 6GZ, a freehold house which sold for £679,995 on the 10th January 2025.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spinney Hill, Oakham, LE15 has a total of 72 addresses. According to our analysis of all the public data, 2, Spinney Hill, Oakham is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £356k more expensive than the average property in LE15.
The closest station to 2, Spinney Hill, Oakham is Oakham station which is 1.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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, Spinney Hill, Oakham, 56.5% of property is privately owned outright and 25.9% 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, Spinney Hill, Oakham, 17.1% of residents are recorded as possessing school level qualifications and 55.8% 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, Spinney Hill, Oakham, the average age was 46.4 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, Spinney Hill, Oakham, 4.0% 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, Spinney Hill, Oakham, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
