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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
3, The Square, Oakham is recorded publicly as a period freehold house across 1,259 ft2 of internal area, sitting on a 410 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 3, The Square, Oakham is £570,771 and its rental estimate is £1,616 per month, given the available information and assuming reasonable condition.
The Square, South Luffenham, Oakham, LE15 falls within the LE15 postal district.
3, The Square, Oakham has 51 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated December 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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, The Square, Oakham, we estimate a market value of £599,310 and a rental value of £1,696 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £530,817 and £1,503 per month respectively.
Over the last year, 3, The Square, Oakham has seen its estimated sale value decline by £12,374 (2.2%) and its estimated rental value climb by £35 per month (2.2%). This results in an estimated gross rental yield of 3.4%.
HM Land Registry records the plot of land for 3, The Square, Oakham as measuring 410 m2.
That makes it the 4th largest plot in the postcode, where 6 of the 7 other houses have recorded plot data.
3, The Square, Oakham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Dec 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 3, The Square, Oakham completed on 15th September 2022 at £626,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 5 times.
Values of comparable properties have risen by 0.2% over the period since September 2022.
Over the past 2 years 3 properties similar to 3, The Square, Oakham have sold within a radius of 4.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th July 2024, was 18, North Luffenham Road, Oakham, LE15 8NP, a freehold house which sold for £575,000.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 7 addresses on The Square, South Luffenham, Oakham, LE15, 3, The Square, Oakham comes out as the 7th largest and the 6th most expensive in our analysis of the public data.
It is also £190k more expensive than the average property across the LE15 district.
From 3, The Square, Oakham, the nearest station is Stamford (Lincs), 10.0 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 3, The Square, Oakham, 48.3% of property is privately owned outright and 37.1% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 3, The Square, Oakham, 15.8% of residents are recorded as possessing school level qualifications and 38.3% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3, The Square, Oakham, the average age was 47 and the most common age was 72.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 3, The Square, Oakham, 0.4% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 3, The Square, Oakham, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
