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According to the public record, 56, Springfield Way, Oakham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 947 ft2 of internal area and sits on a 294 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 56, Springfield Way, Oakham is £295,516 and the estimated rental value is £1,148 per month.
Springfield Way, Oakham, LE15 is located within the LE15 postal district.
56, Springfield Way, Oakham has 21 entries in the Land Registry , most recently in September 2019 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 5 out of 5 and is considered of high 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 56, Springfield Way, Oakham is in very good condition we estimate a sale value of £310,292 and a rental value of £1,205 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,830 and a rental value of £1,068 per month.
Over the last 12 months the sale value of 56 Springfield Way Oakham has decreased by an estimated £11,872 (4.0%) and its rental value has increased by an estimated £16 per month (1.4%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, 56, Springfield Way, Oakham sits on a plot of 294m2.
We have plot size data on 45 out of 45 other houses in the postcode and 56, Springfield Way, Oakham sits on the 21st largest plot.
According to HM Land Registry, 56, Springfield Way, Oakham was last sold on 24th September 2019 for £184,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2019, the market for similar properties has risen 10.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Springfield Way, Oakham within a radius of 870 metres over the last 2 years.
The most recent example is 10, Barmstedt Close, Oakham, LE15 6RJ, a freehold house which sold for £266,000 on the 19th September 2025.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Way, Oakham, LE15 has a total of 45 addresses. According to our analysis of all the public data, 56, Springfield Way, Oakham is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £82k less expensive than the average property in LE15.
The closest station to 56, Springfield Way, Oakham is Oakham station which is 900 metres 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 56, Springfield Way, Oakham, 54.4% of property is privately owned outright and 30.2% 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 56, Springfield Way, Oakham, 17.3% of residents are recorded as possessing school level qualifications and 48.4% 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 56, Springfield Way, Oakham, the average age was 46.4 and the most common age was 17.
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 56, Springfield Way, Oakham, 1.5% 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 56, Springfield Way, 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.