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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
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According to the public record, 39, Welland Way, Oakham is a mid-century house with 796 ft2 of internal area and sits on a 340 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 39, Welland Way, Oakham is £270,858 and the estimated rental value is £1,116 per month.
Welland Way, Oakham, LE15 is located within the LE15 postal district.
39, Welland Way, Oakham has no records in the the Land Registry and a single entry in the EPC database dated November 2021.
We combine this information with public data 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 39, Welland Way, Oakham is in very good condition we estimate a sale value of £284,401 and a rental value of £1,171 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £251,898 and a rental value of £1,038 per month.
Over the last 12 months the sale value of 39 Welland Way Oakham has decreased by an estimated £9,471 (3.5%) and its rental value has increased by an estimated £11 per month (1.0%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, 39, Welland Way, Oakham sits on a plot of 340m2.
We have plot size data on 67 out of 72 other houses in the postcode and 39, Welland Way, Oakham sits on the 38th largest plot.
39, Welland Way, Oakham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, Welland Way, Oakham within a radius of 630 metres over the last 2 years.
The most recent example is 52, Welland Way, Oakham, LE15 6SL, a freehold house which sold for £217,000 on the 22nd September 2023.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Welland Way, Oakham, LE15 has a total of 113 addresses. According to our analysis of all the public data, 39, Welland Way, Oakham is the 93rd largest and the 89th most expensive property on the street.
When compared to the postcode district it is £110k less expensive than the average property in LE15.
The closest station to 39, Welland Way, Oakham is Oakham station which is 800 metres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 39, Welland Way, Oakham, 65.8% of property is privately owned outright and 28.8% 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 39, Welland Way, Oakham, 12.5% of residents are recorded as possessing school level qualifications and 33.5% 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 39, Welland Way, 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 39, Welland Way, Oakham, 1.3% 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 39, Welland Way, 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.
