4, Derwent Avenue
4, Derwent Avenue
Description & Estimates
4, Derwent Avenue, Oakham is recorded publicly as a mid-century freehold house across 839 ft2 of internal area, sitting on a 254 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 4, Derwent Avenue, Oakham is £198,180 and its rental estimate is £909 per month, given the available information and assuming reasonable condition.
Derwent Avenue, Edith Weston, Oakham, LE15 falls within the LE15 postal district.
Our Data Sources
4, Derwent Avenue, Oakham has a single entry in the Land Registry from January 2021 and a single entry in the EPC database dated August 2020.
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.
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 4, Derwent Avenue, Oakham, we estimate a market value of £208,089 and a rental value of £954 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £184,308 and £845 per month respectively.
Recent Market Change
Over the last year, 4, Derwent Avenue, Oakham has seen its estimated sale value decrease by £6,930 (3.5%) and its estimated rental value grow by £9 per month (1.0%). This results in an estimated gross rental yield of 5.5%.
Plot Size
HM Land Registry records the plot of land for 4, Derwent Avenue, Oakham as measuring 254 m2.
That makes it the 8th largest plot in the postcode, where 9 of the 15 other houses have recorded plot data.
Energy Efficiency
4, Derwent Avenue, Oakham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 4, Derwent Avenue, Oakham completed on 15th January 2021 at £159,520 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 29.4% over the period since January 2021.
- Sold Jan 2021£159,520
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Derwent Avenue, Oakham have sold within a radius of 4.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th April 2025, was 2, Derwent Avenue, Oakham, LE15 8HS, a freehold house which sold for £218,000.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 15 addresses on Derwent Avenue, Edith Weston, Oakham, LE15, 4, Derwent Avenue, Oakham comes out as the 7th largest and the 8th most expensive in our analysis of the public data.
It is also £182k less expensive than the average property across the LE15 district.
More reading links
Schools Nearby
- 300mEdith Weston Academy
- 2.3kmSt Mary and St John CofE VA Primary School
- 5.0kmEmpingham Church of England Primary School
- 7.7kmCatmose College
- 8.3kmUppingham Community College
- 9.2kmCasterton College Rutland
More reading links
Public Transport Nearby
From 4, Derwent Avenue, Oakham, the nearest station is Oakham, 7.4 kilometres away.
- 7.4kmOakham
- 10.9kmStamford (Lincs)
- 16.8kmCorby
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
