4, Well Street
4, Well Street
Description & Estimates
4, Well Street, Oakham is recorded publicly as a period freehold house across 1,625 ft2 of internal area, sitting on a 493 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 4, Well Street, Oakham is £442,032 and its rental estimate is £1,435 per month, given the available information and assuming reasonable condition.
Well Street, Langham, Oakham, LE15 falls within the LE15 postal district.
Our Data Sources
4, Well Street, Oakham has 2 entries in the Land Registry , most recently in October 2014 and a single entry in the EPC database dated April 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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, Well Street, Oakham, we estimate a market value of £464,134 and a rental value of £1,507 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £411,090 and £1,335 per month respectively.
Recent Market Change
Over the last year, 4, Well Street, Oakham has seen its estimated sale value move down by £9,583 (2.2%) and its estimated rental value increase by £31 per month (2.2%). This results in an estimated gross rental yield of 3.9%.
Plot Size
HM Land Registry records the plot of land for 4, Well Street, Oakham as measuring 493 m2.
That makes it the 14th largest plot in the postcode, where 35 of the 45 other houses have recorded plot data.
Energy Efficiency
4, Well Street, Oakham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Apr 2014.
The property is not 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, Well Street, Oakham completed on 23rd October 2014 at £352,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 51.5% over the period since October 2014.
- Sold Oct 2014£352,000
- Sold Aug 2012£170,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Well Street, Oakham have sold within a radius of 2.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st April 2021, was 36, Well Street, Oakham, LE15 7JS, a freehold house which sold for £405,000.
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 45 addresses on Well Street, Langham, Oakham, LE15, 4, Well Street, Oakham comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £62k more expensive than the average property across the LE15 district.
More reading links
Schools Nearby
- 300mLangham CofE (Controlled) Primary School
- 2.9kmOakham CofE Primary School
- 3.0kmCatmose Primary
- 2.4kmCatmose College
- 12.4kmLong Field Spencer Academy
- 12.6kmUppingham Community College
More reading links
Public Transport Nearby
From 4, Well Street, Oakham, the nearest station is Oakham, 2.6 kilometres away.
- 2.6kmOakham
- 11.7kmMelton Mowbray
- 19.2kmStamford (Lincs)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
