40, Main Street
40, Main Street
Description & Estimates
The public record lists 40, Main Street, Oakham as a freehold house.
Comparison with its neighbours suggests a period house with 2,369 ft2 of internal area and a garden.
In this area, houses of this size normally have 5 bedrooms.
40, Main Street, Oakham has an estimated sale value of £759,863 and an estimated rental value of £2,013 per month, assuming reasonable condition and based on the information available.
Main Street, Preston, Oakham, LE15 lies within the LE15 postal district.
Our Data Sources
40, Main Street, Oakham has a single entry in the Land Registry from September 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 40, Main Street, Oakham would be worth £797,856, with a potential rental value of £2,114 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £706,672, with a rental value of £1,872 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 40, Main Street, Oakham has dropped by £20,478 (2.7%) over the last year. During the same period, its estimated monthly rental value has risen by £28 (1.4%). The property's estimated gross yield is currently 3.2%.
Sold Prices
40, Main Street, Oakham last changed hands on 15th September 2022, selling for £1,025,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 3.3% since September 2022.
- Sold Sep 2022£1,025,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.9 kilometres of 40, Main Street, Oakham across the last 2 years.
Most recently, 62, High Street East, Oakham, LE15 9PZ, a freehold house, sold at £455,000 on the 18th February 2026.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 40, Main Street, Oakham as the 3rd largest and the 3rd most expensive of the 34 addresses on Main Street, Preston, Oakham, LE15.
Against the LE15 postcode district average, it is £379k more expensive than the typical property.
More reading links
Schools Nearby
- 2.6kmUppingham Church of England Primary School
- 3.3kmLeighfield Primary School
- 5.5kmBrooke Hill Academy
- 3.8kmUppingham Community College
- 6.8kmCatmose College
- 12.4kmLodge Park Academy
More reading links
Public Transport Nearby
Oakham station is the nearest stop to 40, Main Street, Oakham at 6.7 kilometres away.
- 6.7kmOakham
- 14.0kmCorby
- 16.2kmStamford (Lincs)
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
