5, Wades Terrace
5, Wades Terrace
Description & Estimates
5, Wades Terrace, Oakham is described in the public record as a modern house with 441 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 5, Wades Terrace, Oakham is £165,933 and its rental estimate is £775 per month, given the available information and assuming reasonable condition.
Wades Terrace, Uppingham, Oakham, LE15 falls within the LE15 postal district.
Our Data Sources
5, Wades Terrace, Oakham has no records in the the Land Registry and a single entry in the EPC database dated November 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 5, Wades Terrace, Oakham, we estimate a market value of £174,229 and a rental value of £814 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £154,317 and £721 per month respectively.
Recent Market Change
Over the last year, 5, Wades Terrace, Oakham has seen its estimated sale value move down by £7,576 (4.6%) and its estimated rental value increase by £1 per month (0.1%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
5, Wades Terrace, Oakham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Nov 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Wades Terrace, Oakham have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st April 2022, was 14B, Queen Street, Oakham, LE15 9QR, a freehold house which sold for £195,000.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 10 addresses on Wades Terrace, Uppingham, Oakham, LE15, 5, Wades Terrace, Oakham comes out as the 10th largest and the 6th most expensive in our analysis of the public data.
It is also £214k less expensive than the average property across the LE15 district.
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Schools Nearby
- 400mUppingham Church of England Primary School
- 700mLeighfield Primary School
- 6.8kmGretton Primary Academy
- 1.1kmUppingham Community College
- 9.3kmCatmose College
- 9.7kmLodge Park Academy
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Public Transport Nearby
From 5, Wades Terrace, Oakham, the nearest station is Oakham, 9.2 kilometres away.
- 9.2kmOakham
- 11.5kmCorby
- 17.5kmMarket Harborough
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
