3, Old School Close
3, Old School Close
Description & Estimates
3, Old School Close, Oakham appears in the public record as a freehold house sitting on a 207 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 1,477 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 3, Old School Close, Oakham is £316,411 and its rental estimate is £1,291 per month, given the available information and assuming reasonable condition.
Old School Close, North Luffenham, Oakham, LE15 falls within the LE15 postal district.
Our Data Sources
3, Old School Close, Oakham has 21 entries in the Land Registry , most recently in August 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 3, Old School Close, Oakham, we estimate a market value of £332,232 and a rental value of £1,356 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £294,262 and £1,201 per month respectively.
Recent Market Change
Over the last year, 3, Old School Close, Oakham has seen its estimated sale value drop by £6,859 (2.2%) and its estimated rental value rise by £28 per month (2.2%). This results in an estimated gross rental yield of 4.9%.
Plot Size
HM Land Registry records the plot of land for 3, Old School Close, Oakham as measuring 207 m2.
That makes it the largest plot in the postcode, where 3 of the 5 other houses have recorded plot data.
Sold Prices
The most recent sale of 3, Old School Close, Oakham completed on 28th August 2020 at £287,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 16.9% over the period since August 2020.
- Sold Aug 2020£287,500
- Sold Oct 1998£85,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Old School Close, Oakham have sold within a radius of 4.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th November 2025, was 12, Sycamore Road, Oakham, LE15 8JL, a freehold house which sold for £335,000.
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
Of the 5 addresses on Old School Close, North Luffenham, Oakham, LE15, 3, Old School Close, Oakham comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £64k less expensive than the average property across the LE15 district.
More reading links
Schools Nearby
- 100mSt Mary and St John CofE VA Primary School
- 2.2kmEdith Weston Academy
- 4.6kmKetton Church of England Primary School
- 8.2kmUppingham Community College
- 9.0kmCasterton College Rutland
- 9.9kmCatmose College
More reading links
Public Transport Nearby
From 3, Old School Close, Oakham, the nearest station is Oakham, 9.7 kilometres away.
- 9.7kmOakham
- 9.9kmStamford (Lincs)
- 15.4kmCorby
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
