61, Lonsdale Way
61, Lonsdale Way
Description & Estimates
61, Lonsdale Way, Oakham is recorded publicly as a mid-century freehold house across 1,119 ft2 of internal area, sitting on a 454 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 61, Lonsdale Way, Oakham is £326,273 and its rental estimate is £1,231 per month, given the available information and assuming reasonable condition.
Lonsdale Way, Oakham, LE15 falls within the LE15 postal district.
Our Data Sources
61, Lonsdale Way, Oakham has a single entry in the Land Registry from May 2023 and a single entry in the EPC database dated July 2022.
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 61, Lonsdale Way, Oakham, we estimate a market value of £342,587 and a rental value of £1,292 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £303,434 and £1,145 per month respectively.
Recent Market Change
Over the last year, 61, Lonsdale Way, Oakham has seen its estimated sale value decline by £11,409 (3.5%) and its estimated rental value climb by £13 per month (1.0%). This results in an estimated gross rental yield of 4.5%.
Plot Size
HM Land Registry records the plot of land for 61, Lonsdale Way, Oakham as measuring 454 m2.
That makes it the 2nd largest plot in the postcode, where 26 of the 35 other houses have recorded plot data.
Energy Efficiency
61, Lonsdale Way, Oakham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jul 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 61, Lonsdale Way, Oakham completed on 25th May 2023 at £342,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 21.5% over the period since May 2023.
- Sold May 2023£342,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 61, Lonsdale Way, Oakham have sold within a radius of 730 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th August 2024, was 6, Mountbatten Road, Oakham, LE15 6LS, a freehold house which sold for £355,000.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 92 addresses on Lonsdale Way, Oakham, LE15, 61, Lonsdale Way, Oakham comes out as the 18th largest and the 7th most expensive in our analysis of the public data.
It is also £54k less expensive than the average property across the LE15 district.
More reading links
Schools Nearby
- 300mCatmose Primary
- 1.0kmBrooke Hill Academy
- 1.4kmOakham CofE Primary School
- 500mCatmose College
- 10.0kmUppingham Community College
- 14.8kmLong Field Spencer Academy
More reading links
Public Transport Nearby
From 61, Lonsdale Way, Oakham, the nearest station is Oakham, 700 metres away.
- 700mOakham
- 14.1kmMelton Mowbray
- 17.8kmStamford (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.
