3 Mill Cottage, Oakham
3 Mill Cottage, Oakham
Description & Estimates
Public records show 3 Mill Cottage, Oakham to be a period freehold house with 839 ft2 of internal area, sitting on a 2,152 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
3 Mill Cottage, Oakham has an estimated sale value of £328,209 and an estimated rental value of £1,088 per month, assuming reasonable condition and based on the information available.
Glaston Road, Uppingham, Oakham, LE15 lies within the LE15 postal district.
Our Data Sources
3 Mill Cottage, Oakham has a single entry in the Land Registry from July 2024 and a single entry in the EPC database dated December 2019.
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.
Price Range & Condition
In very good condition, we estimate 3 Mill Cottage, Oakham would be worth £344,619, with a potential rental value of £1,142 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £305,234, with a rental value of £1,012 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3 Mill Cottage, Oakham has declined by £11,477 (3.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £11 (1.0%). The property's estimated gross yield is currently 4.0%.
Plot Size
3 Mill Cottage, Oakham occupies a 2,152 m2 plot as recorded by HM Land Registry.
Of the 8 other houses in this postcode, 7 have recorded plot sizes, and this one ranks as the 5th largest.
Energy Efficiency
3 Mill Cottage, Oakham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Dec 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
3 Mill Cottage, Oakham last changed hands on 26th July 2024, selling for £350,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 2.9% since July 2024.
- Sold Jul 2024£350,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.8 kilometres of 3 Mill Cottage, Oakham across the last 2 years.
Most recently, 23, Elizabeth Way, Oakham, LE15 9PQ, a freehold house, sold at £405,000 on the 10th February 2025.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3 Mill Cottage, Oakham as the 16th largest and the 16th most expensive of the 22 addresses on Glaston Road, Uppingham, Oakham, LE15.
Against the LE15 postcode district average, it is £52k less expensive than the typical property.
More reading links
Schools Nearby
- 1.1kmUppingham Church of England Primary School
- 1.5kmLeighfield Primary School
- 6.7kmGretton Primary Academy
- 1.5kmUppingham Community College
- 9.2kmCatmose College
- 10.0kmLodge Park Academy
More reading links
Public Transport Nearby
Oakham station is the nearest stop to 3 Mill Cottage, Oakham at 9.1 kilometres away.
- 9.1kmOakham
- 11.7kmCorby
- 16.7kmStamford (Lincs)
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
