3, Melton Road
3, Melton Road
Description & Estimates
According to the public record, 3, Melton Road, Oakham is a mid-century house with 1,991 ft2 of internal area and sits on a 863 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Melton Road, Oakham is £518,400 and the estimated rental value is £1,647 per month.
Melton Road, Langham, Oakham, LE15 is located within the LE15 postal district.
Our Data Sources
3, Melton Road, Oakham has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2014.
We combine this information with public data 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
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 3, Melton Road, Oakham is in very good condition we estimate a sale value of £544,320 and a rental value of £1,729 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £482,112 and a rental value of £1,532 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3, Melton Road, Oakham has declined by £13,970 (2.7%), while its estimated rental value has climbed by £23 per month (1.4%). Based on current estimates, the property offers a gross rental yield of 3.8%.
Plot Size
According to data from HM Land Registry, 3, Melton Road, Oakham sits on a plot of 863 m2.
We have plot size data on 32 out of 37 other houses in the postcode and 3, Melton Road, Oakham sits on the 7th largest plot.
Energy Efficiency
3, Melton Road, Oakham has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 28 Oct 2014.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 3, Melton Road, Oakham was last sold on 7th September 2000 for £170,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
- Sold Sep 2000£170,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Melton Road, Oakham within a radius of 2.1 kilometres over the last 2 years.
The most recent example is 12, Ruddle Way, Oakham, LE15 7NZ, a freehold house which sold for £550,000 on the 8th October 2024.
Read more about house prices in LE15.
- Sold Oct 2024£550,000 | 5 Bed House12, Ruddle Way, Oakham, LE15 7NZ12, Ruddle Way, Oakham, LE15 7NZ
- Sold Sep 2023£567,500 | 4 Bed House15, Church Street, Oakham, LE15 7JE15, Church Street, Oakham, LE15 7JE
- Sold Apr 2022£490,000 | 4 Bed House10, Ruddle Way, Oakham, LE15 7NZ10, Ruddle Way, Oakham, LE15 7NZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Melton Road, Langham, Oakham, LE15 has a total of 37 addresses. According to our analysis of all the public data, 3, Melton Road, Oakham is the 9th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £138k more expensive than the average property in LE15.
More reading links
Schools Nearby
- 300mLangham CofE (Controlled) Primary School
- 2.9kmCatmose Primary
- 2.9kmOakham CofE Primary School
- 2.3kmCatmose College
- 12.4kmLong Field Spencer Academy
- 12.5kmUppingham Community College
More reading links
Public Transport Nearby
The closest station to 3, Melton Road, Oakham is Oakham station, which is 2.5 kilometres away.
- 2.5kmOakham
- 11.7kmMelton Mowbray
- 19.2kmStamford (Lincs)
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
