Our Data Sources
40, Melton Road, Oakham has 21 entries in the Land Registry , most recently in August 2012 and a single entry in the EPC database dated May 2012.
We combine this information with that 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 40, Melton Road, Oakham, we estimate a market value of £237,562 and a rental value of £1,068 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £210,412 and £946 per month respectively.
Plot Size
HM Land Registry records the plot of land for 40, Melton Road, Oakham as measuring 311 m2.
That makes it the 27th largest plot in the postcode, where 32 of the 37 other houses have recorded plot data.
Energy Efficiency
40, Melton Road, Oakham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 May 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas, Electric underfloor heating.
Sold Prices
The most recent sale of 40, Melton Road, Oakham completed on 17th August 2012 at £175,000 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 62.3% over the period since August 2012.
- Sold Aug 2012£175,000
- Sold Sep 2005£138,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, Melton Road, Oakham have sold within a radius of 2.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th August 2023, was 7, Jubilee Drive, Oakham, LE15 7JH, a freehold house which sold for £260,000.
Read more about house prices in LE15.
- Sold Aug 2023£260,000 | 3 Bed House7, Jubilee Drive, Oakham, LE15 7JH7, Jubilee Drive, Oakham, LE15 7JH
- Sold Apr 2019£196,500 | 3 Bed House19, Melton Road, Oakham, LE15 7JN19, Melton Road, Oakham, LE15 7JN
- Sold May 2016£200,000 | 3 Bed House21, Melton Road, Oakham, LE15 7JN21, Melton Road, Oakham, LE15 7JN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 37 addresses on Melton Road, Langham, Oakham, LE15, 40, Melton Road, Oakham comes out as the 30th largest and the 37th most expensive in our analysis of the public data.
It is also £154k less expensive than the average property across the LE15 district.
More reading links
Schools Nearby
- 300mLangham CofE (Controlled) Primary School
- 2.9kmCatmose Primary
- 2.9kmOakham CofE Primary School
- 2.3kmCatmose College
- 12.4kmLong Field Spencer Academy
- 12.5kmUppingham Community College
More reading links
Public Transport Nearby
- 2.5kmOakham
- 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.
