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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, Stamford Road, Oakham is described in the public record as a mid-century house with 940 ft2 of internal area, sitting on a 2,051 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Stamford Road, Oakham is £216,540 and its rental estimate is £973 per month, given the available information and assuming reasonable condition.
Stamford Road, Empingham, Oakham, LE15 falls within the LE15 postal district.
2, Stamford Road, Oakham has no records in the the Land Registry and a single entry in the EPC database dated January 2009.
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.
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, Stamford Road, Oakham, we estimate a market value of £227,367 and a rental value of £1,022 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £201,382 and £905 per month respectively.
Over the last year, 2, Stamford Road, Oakham has seen its estimated sale value decrease by £7,572 (3.5%) and its estimated rental value grow by £10 per month (1.0%). This results in an estimated gross rental yield of 5.4%.
HM Land Registry records the plot of land for 2, Stamford Road, Oakham as measuring 2,051 m2.
That makes it the largest plot in the postcode, where all 4 other houses have recorded plot data.
2, Stamford Road, Oakham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Jan 2009.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, oil.
Over the past 2 years 3 properties similar to 2, Stamford Road, Oakham have sold within a radius of 4.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th November 2022, was 5, Beckworth Grove, Oakham, LE15 8PL, a freehold house which sold for £215,000.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 15 addresses on Stamford Road, Empingham, Oakham, LE15, 2, Stamford Road, Oakham comes out as the 13th largest and the 13th most expensive in our analysis of the public data.
It is also £164k less expensive than the average property across the LE15 district.
From 2, Stamford Road, Oakham, the nearest station is Stamford (Lincs), 7.9 kilometres away.
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, Stamford Road, Oakham, 51.8% of property is privately owned outright and 34.0% 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, Stamford Road, Oakham, 13.8% of residents are recorded as possessing school level qualifications and 49.6% 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, Stamford Road, Oakham, the average age was 40.8 and the most common age was 27.
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, Stamford Road, Oakham, 2.7% 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, Stamford Road, 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.
