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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
According to the public record, 31, Schofield Road, Oakham is a modern freehold house with 1,377 ft2 of internal area and sits on a 493 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 31, Schofield Road, Oakham is £430,852 and the estimated rental value is £1,357 per month.
Schofield Road, Oakham, LE15 is located within the LE15 postal district.
31, Schofield Road, Oakham has 31 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated February 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 31, Schofield Road, Oakham is in very good condition we estimate a sale value of £452,395 and a rental value of £1,425 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £400,693 and a rental value of £1,262 per month.
Over the last 12 months the sale value of 31 Schofield Road Oakham has decreased by an estimated £11,925 (2.8%) and its rental value has increased by an estimated £40 per month (2.9%), giving an expected gross yield of 3.8%.
According to data from HM Land Registry, 31, Schofield Road, Oakham sits on a plot of 493m2.
We have plot size data on 38 out of 38 other houses in the postcode and 31, Schofield Road, Oakham sits on the 5th largest plot.
31, Schofield Road, Oakham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Feb 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 31, Schofield Road, Oakham was last sold on 10th December 2020 for £390,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since December 2020, the market for similar properties has risen 18.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Schofield Road, Oakham within a radius of 880 metres over the last 2 years.
The most recent example is 41, Schofield Road, Oakham, LE15 6FW, a freehold house which sold for £482,500 on the 16th July 2024.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Schofield Road, Oakham, LE15 has a total of 38 addresses. According to our analysis of all the public data, 31, Schofield Road, Oakham is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £54k more expensive than the average property in LE15.
The closest station to 31, Schofield Road, Oakham is Oakham station which is 800 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 31, Schofield Road, Oakham, 57.4% of property is privately owned outright and 30.9% 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 31, Schofield Road, Oakham, 16.6% of residents are recorded as possessing school level qualifications and 46.0% 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 31, Schofield Road, Oakham, the average age was 46.4 and the most common age was 17.
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 31, Schofield Road, Oakham, 1.9% 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 31, Schofield Road, Oakham, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
