3, Sharrad Way
3, Sharrad Way
Description & Estimates
Public records show 3, Sharrad Way, Oakham to be a mid-century freehold house with 1,905 ft2 of internal area, sitting on a 600 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
3, Sharrad Way, Oakham has an estimated sale value of £599,683 and an estimated rental value of £1,547 per month, assuming reasonable condition and based on the information available.
Sharrad Way, Langham, Oakham, LE15 lies within the LE15 postal district.
Our Data Sources
3, Sharrad Way, Oakham has a single entry in the Land Registry from September 2017 and a single entry in the EPC database dated April 2017.
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, Sharrad Way, Oakham would be worth £629,667, with a potential rental value of £1,624 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £557,705, with a rental value of £1,438 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, Sharrad Way, Oakham has decreased by £13,000 (2.2%) over the last year. During the same period, its estimated monthly rental value has grown by £34 (2.2%). The property's estimated gross yield is currently 3.1%.
Plot Size
3, Sharrad Way, Oakham occupies a 600 m2 plot as recorded by HM Land Registry.
Of the 10 other houses in this postcode, 5 have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
3, Sharrad Way, Oakham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Apr 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Sharrad Way, Oakham last changed hands on 15th September 2017, selling for £450,000. 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 risen by 31.7% since September 2017.
- Sold Sep 2017£450,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.0 kilometres of 3, Sharrad Way, Oakham across the last 2 years.
Most recently, 8, Sharrad Way, Oakham, LE15 7JY, a freehold house, sold at £523,000 on the 28th February 2024.
Read more about house prices in LE15.
- Sold Feb 2024£523,000 | 4 Bed House8, Sharrad Way, Oakham, LE15 7JY8, Sharrad Way, Oakham, LE15 7JY
- Sold Aug 2020£440,000 | 4 Bed House21, Harewood Close, Oakham, LE15 7JZ21, Harewood Close, Oakham, LE15 7JZ
- Sold Sep 2019£467,500 | 4 Bed House18, Harewood Close, Oakham, LE15 7JZ18, Harewood Close, Oakham, LE15 7JZ
•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, Sharrad Way, Oakham as the 3rd largest and the 3rd most expensive of the 10 addresses on Sharrad Way, Langham, Oakham, LE15.
Against the LE15 postcode district average, it is £219k more expensive than the typical property.
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Schools Nearby
- 400mLangham CofE (Controlled) Primary School
- 2.5kmOakham CofE Primary School
- 2.7kmEnglish Martyrs' Catholic Voluntary Academy
- 2.2kmCatmose College
- 12.5kmUppingham Community College
- 12.9kmLong Field Spencer Academy
More reading links
Public Transport Nearby
Oakham station is the nearest stop to 3, Sharrad Way, Oakham at 2.3 kilometres away.
- 2.3kmOakham
- 12.1kmMelton Mowbray
- 18.7kmStamford (Lincs)
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
