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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, 7, Blacksmiths Lane, Oakham is a modern freehold house with 2,325 ft2 of internal area and sits on a 1,341 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Blacksmiths Lane, Oakham is £805,294 and the estimated rental value is £2,125 per month.
Blacksmiths Lane, Exton, Oakham, LE15 is located within the LE15 postal district.
7, Blacksmiths Lane, Oakham has a single entry in the Land Registry from February 2024 and a single entry in the EPC database dated July 2023.
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.
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 7, Blacksmiths Lane, Oakham is in very good condition we estimate a sale value of £845,559 and a rental value of £2,231 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £748,924 and a rental value of £1,976 per month.
Over the last 12 months the sale value of 7 Blacksmiths Lane Oakham has decreased by an estimated £27,508 (3.4%) and its rental value has increased by an estimated £60 per month (2.8%), giving an expected gross yield of 3.2%.
According to data from HM Land Registry, 7, Blacksmiths Lane, Oakham sits on a plot of 1341m2.
We have plot size data on 6 out of 8 other houses in the postcode and 7, Blacksmiths Lane, Oakham sits on the 2nd largest plot.
7, Blacksmiths Lane, Oakham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Blacksmiths Lane, Oakham was last sold on 9th February 2024 for £795,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2024, the market for similar properties has dropped 25.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Blacksmiths Lane, Oakham within a radius of 4.3 kilometres over the last 2 years.
The most recent example is Hawkswell House, Tickencote Road, Oakham, LE15 8BA, a freehold house which sold for £1,900,000 on the 24th May 2024.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Blacksmiths Lane, Exton, Oakham, LE15 has a total of 8 addresses. According to our analysis of all the public data, 7, Blacksmiths Lane, Oakham is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £428k more expensive than the average property in LE15.
The closest station to 7, Blacksmiths Lane, Oakham is Oakham station which is 7.2 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 7, Blacksmiths Lane, Oakham, 30.6% of property is privately owned outright and 26.9% is socially rented.
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 7, Blacksmiths Lane, Oakham, 13.7% of residents are recorded as possessing school level qualifications and 30.3% 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 7, Blacksmiths Lane, 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 7, Blacksmiths Lane, Oakham, 1.7% 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 7, Blacksmiths Lane, 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.
