Our Data Sources
3, Derwent Drive, Oakham has 41 entries in the Land Registry, most recently in December 2023 and a single entry in the EPC database dated January 2025.
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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Price Range & Condition
In very good condition, we estimate 3, Derwent Drive, Oakham would be worth £388,322, with a potential rental value of £1,408 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £343,943, with a rental value of £1,247 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Plot Size
3, Derwent Drive, Oakham occupies a 518 m2 plot as recorded by HM Land Registry.
Of the 16 other houses in this postcode, 9 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
3, Derwent Drive, Oakham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Jan 2025.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators (mains gas).
Sold Prices
3, Derwent Drive, Oakham last changed hands on 6th December 2023, selling for £375,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 16.4% since December 2023.
- Sold Dec 2023£375,000
- Sold Mar 2011£240,321
- Sold May 2010£217,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 118 sales of comparable properties within 600 metres of 3, Derwent Drive, Oakham since 2015.
Most recently, 6, Nene Crescent, Oakham, LE15 6SG, a freehold house, sold at £345,000 on the 20th January 2026.
Read more about house prices in LE15.
- Sold Jan 2026£345,000 | 4 Bed House6, Nene Crescent, Oakham, LE15 6SG6, Nene Crescent, Oakham, LE15 6SG
- Sold Sep 2025£350,000 | 3 Bed House9, Chater Road, Oakham, LE15 6RY9, Chater Road, Oakham, LE15 6RY
- Sold Jul 2025£342,500 | 4 Bed House51, Welland Way, Oakham, LE15 6SL51, Welland Way, Oakham, LE15 6SL
- Sold May 2025£330,000 | 4 Bed House27, Balmoral Road, Oakham, LE15 6RT27, Balmoral Road, Oakham, LE15 6RT
- Sold Mar 2025£350,000 | 4 Bed House28, Welland Way, Oakham, LE15 6SL28, Welland Way, Oakham, LE15 6SL
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £336,608, ranging from £301,237 to £380,261.
- 8 Welland Way
4 Bed House | 30 m | Est. Value: £380,261
- 10 Derwent Drive
3 Bed House | 39 m | Est. Value: £310,170
- 8 Derwent Drive
3 Bed House | 41 m | Est. Value: £310,170
- 6 Derwent Drive
4 Bed House | 41 m | Est. Value: £364,220
- 12 Derwent Drive
3 Bed House | 44 m | Est. Value: £301,752
Location Comparison
Our analysis of the public data ranks 3, Derwent Drive, Oakham as the 8th largest and the 4th most expensive of the 91 addresses on Derwent Drive, Oakham, LE15.
Against the LE15 postcode district average, it is £5k less expensive than the typical property.
More reading links
Schools Nearby
- Catmose Primary400 m away
- Brooke Hill Academy800 m away
- English Martyrs' Catholic Voluntary Academy1.0 km away
- Catmose College600 m away
- Uppingham Community College9.8 km away
- Casterton College Rutland14.6 km away
More reading links
Public Transport Nearby
- Oakham|500 m away
- Melton Mowbray|14.5 km away
- Stamford (Lincs)|17.2 km away
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast Broadband available in this area.
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.
