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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
According to the public record, 7, Cheviot Close, Oakham is a mid-century house with 473 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Cheviot Close, Oakham is £167,756 and the estimated rental value is £775 per month.
Cheviot Close, Oakham, LE15 is located within the LE15 postal district.
7, Cheviot Close, Oakham has no records in the the Land Registry and a single entry in the EPC database dated March 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Cheviot Close, Oakham is in very good condition we estimate a sale value of £176,144 and a rental value of £814 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £156,014 and a rental value of £721 per month.
Over the last 12 months the sale value of 7 Cheviot Close Oakham has decreased by an estimated £9,289 (5.5%) and its rental value has increased by an estimated £4 per month (0.5%), giving an expected gross yield of 5.5%.
7, Cheviot Close, Oakham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Cheviot Close, Oakham within a radius of 650 metres over the last 2 years.
The most recent example is 6, Huntsmans Drive, Oakham, LE15 6RP, a freehold house which sold for £155,000 on the 21st October 2024.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cheviot Close, Oakham, LE15 has a total of 20 addresses. According to our analysis of all the public data, 7, Cheviot Close, Oakham is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £209k less expensive than the average property in LE15.
The closest station to 7, Cheviot Close, Oakham is Oakham station which is 600 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, Cheviot Close, Oakham, 35.8% of property is privately owned outright and 30.0% 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, Cheviot Close, Oakham, 12.9% of residents are recorded as possessing school level qualifications and 26.9% 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, Cheviot Close, Oakham, the average age was 43.6 and the most common age was 52.
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, Cheviot Close, Oakham, 0.0% 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, Cheviot Close, Oakham, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
