61, Main Street
61, Main Street
Description & Estimates
61, Main Street, Oakham is recorded publicly as a period freehold house across 796 ft2 of internal area, sitting on a 89.4 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 61, Main Street, Oakham is £260,131 and its rental estimate is £1,090 per month, given the available information and assuming reasonable condition.
Main Street, Greetham, Oakham, LE15 falls within the LE15 postal district.
Our Data Sources
61, Main Street, Oakham has 21 entries in the Land Registry , most recently in November 2023 and a single entry in the EPC database dated July 2020.
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, Main Street, Oakham, we estimate a market value of £273,138 and a rental value of £1,145 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £241,922 and £1,014 per month respectively.
Recent Market Change
Over the last year, 61, Main Street, Oakham has seen its estimated sale value decline by £9,096 (3.5%) and its estimated rental value climb by £11 per month (1.0%). This results in an estimated gross rental yield of 5.0%.
Plot Size
HM Land Registry records the plot of land for 61, Main Street, Oakham as measuring 89 m2.
That makes it the 27th largest plot in the postcode, where 29 of the 41 other houses have recorded plot data.
Energy Efficiency
61, Main Street, Oakham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Jul 2020.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 61, Main Street, Oakham completed on 30th November 2023 at £260,000 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 3.8% over the period since November 2023.
- Sold Nov 2023£260,000
- Sold May 2001£60,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 61, Main Street, Oakham have sold within a radius of 4.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd February 2024, was 9, Pond Lane, Oakham, LE15 7NW, a freehold house which sold for £200,000.
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 64 addresses on Main Street, Greetham, Oakham, LE15, 61, Main Street, Oakham comes out as the 59th largest and the 60th most expensive in our analysis of the public data.
It is also £120k less expensive than the average property across the LE15 district.
More reading links
Schools Nearby
- 1.7kmCottesmore Academy
- 2.6kmSt Nicholas Church of England Primary School
- 3.4kmExton and Greetham CofE Primary School
- 9.0kmCatmose College
- 9.1kmCasterton College Rutland
- 12.0kmStamford Welland Academy
More reading links
Public Transport Nearby
From 61, Main Street, Oakham, the nearest station is Oakham, 8.8 kilometres away.
- 8.8kmOakham
- 12.8kmStamford (Lincs)
- 17.9kmMelton Mowbray
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.
