4, Oakley Way
4, Oakley Way
Description & Estimates
4, Oakley Way, Frome is described in the public record as a modern house with 904 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 4, Oakley Way, Frome is £342,647 and its rental estimate is £1,487 per month, given the available information and assuming reasonable condition.
Oakley Way, Frome, BA11 falls within the BA11 postal district.
Our Data Sources
4, Oakley Way, Frome has no records in the the Land Registry and a single entry in the EPC database dated December 2023.
We combine this information with public data 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.
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, Oakley Way, Frome, we estimate a market value of £359,779 and a rental value of £1,562 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £318,662 and £1,383 per month respectively.
Recent Market Change
Over the last year, 4, Oakley Way, Frome has seen its estimated sale value decline by £3,695 (1.1%) and its estimated rental value climb by £51 per month (3.5%). This results in an estimated gross rental yield of 5.2%.
Energy Efficiency
4, Oakley Way, Frome has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 19 Dec 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Oakley Way, Frome have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th March 2024, was 45, Oakley Way, Frome, BA11 4GD, a freehold house which sold for £315,000.
Read more about house prices in BA11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 44 addresses on Oakley Way, Frome, BA11, 4, Oakley Way, Frome comes out as the 34th largest and the 34th most expensive in our analysis of the public data.
It is also £20k less expensive than the average property across the BA11 district.
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Schools Nearby
- 900mChrist Church First School
- 1.6kmTrinity Church of England First School
- 1.7kmSt John's Church of England Voluntary Aided First School, Frome
- 3.4kmFrome Community College
- 10.6kmSomerset Studio School
- 10.6kmWrithlington School
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Public Transport Nearby
From 4, Oakley Way, Frome, the nearest station is Frome, 2.0 kilometres away.
- 2.0kmFrome
- 9.3kmDilton Marsh
- 10.7kmWarminster
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
