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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 53, Main Street, Oakham is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 2,028 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 53, Main Street, Oakham is £760,155 and the estimated rental value is £2,006 per month.
Main Street, Empingham, Oakham, LE15 is located within the LE15 postal district.
53, Main Street, Oakham has 21 entries in the Land Registry , most recently in May 2007 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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 53, Main Street, Oakham is in very good condition we estimate a sale value of £798,163 and a rental value of £2,106 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £706,944 and a rental value of £1,866 per month.
Over the last 12 months the sale value of 53 Main Street Oakham has decreased by an estimated £25,966 (3.4%) and its rental value has increased by an estimated £57 per month (2.8%), giving an expected gross yield of 3.2%.
According to HM Land Registry, 53, Main Street, Oakham was last sold on 4th May 2007 for £610,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2007, the market for similar properties has risen 27.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Main Street, Oakham within a radius of 5.1 kilometres over the last 2 years.
The most recent example is 30, Audit Hall Road, Oakham, LE15 8PH, a freehold house which sold for £925,600 on the 8th February 2022.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Main Street, Empingham, Oakham, LE15 has a total of 68 addresses. According to our analysis of all the public data, 53, Main Street, Oakham is the 17th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £383k more expensive than the average property in LE15.
The closest station to 53, Main Street, Oakham is Stamford (Lincs) station which is 8.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 53, Main Street, Oakham, 51.8% of property is privately owned outright and 34.0% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 53, Main Street, Oakham, 13.8% of residents are recorded as possessing school level qualifications and 49.6% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 53, Main Street, Oakham, the average age was 40.8 and the most common age was 27.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 53, Main Street, Oakham, 2.7% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 53, Main Street, Oakham, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
